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mike alfred

Inflation Rate is Rising in Iraq - 0 views

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    The inflation rate in Iraq increased in the month of May 2104 according to ministry of planning. The ministry of planning criticized the ministry of food for not taking appropriate measures to control the situation as it was prevailing because rise in the inflation is due to rise in the cost of food items in Iraq.
mike alfred

Ministry of Planning is Trying to Control High Inflation Rate - 0 views

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    The ministry of planning admitted that inflation rate in Iraq increased in the last 2 months to 3.2% that resulted to 5.4% annual increase in the inflation rate. The major cause behind this increase is considered the high prices of eatables in the last two months because of clashes between Iraq security forces and Sunni Militants.
mike alfred

Finance Ministry of Iraq Pays Special Attention - 0 views

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    Finance committee of Iraq decided to pay special attention to the trade and agriculture by proving wheat and pesticides for agriculture purpose. Iraq wants to be self-sufficient in wheat and barley in the near future. Therefore it is paying special attention towards both of these crops.
mike alfred

The CBI Asked All Ministries to Work With New Payment System - 0 views

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    Iraqi Dinar 123 News:- Central bank of Iraq invited all the ministries of Iraq to adopt new payment system in their routine business affairs. Iraq introduced new payment system to modernize the banking system of Iraq to attract foreign investors and other multinational companies.
mike alfred

"The Plan For RV Will Go On" Millionday - 0 views

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    The central bank of Iraq showed its determination for the economic development of Iraq even in the worst economic situations of Iraq. The central bank of Iraq along with finance ministry of Iraq will work accordingly, to produce positive and productive economic results. Turky said that ministry of defense can handle every situation so well and therefore they need not to be worried about these temporary hurdles.
mike alfred

CBI's 146 Kg Gold Testing and Marking is Done - 0 views

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    The central bank of Iraq sent 146 kg gold in the market for testing purposes. This gold is given to the different reputed jewelers in the Baghdad. The ministry of planning and development cooperation has assigned a task to monitor the performance and output of these gold ingots in the market. The ministry of planning and development make frequent visits to the different shops in Baghdad to ensure the CBI strategy.
mike alfred

Companies Registration is Essential for Better Management System - 0 views

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    Iraqi Dinar 123 News:- It was announced by the Director of the Ministry of Commerce that the need for the registration of companies for a better system of management. The Arab and Foreign companies need a good system of management in Iraq to develop and manage things in a good way.
mike alfred

Disintegration is Not Acceptable at Any Cost: Afkham - 0 views

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    The spokeswoman of foreign ministry of Iraq Marziyeh Afkham said that Iraq people will never accept the disintegration of the country. The remarks are made at the time when the people in international community have great thread and most of them consider that Iraq will disintegrate in the next few weeks.
mike alfred

Considerable Increase in Oil Exports And Revenues - 0 views

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    According to the member of the ministry of oil, Assem Jihad; the southern ports exported 75.7 million barrels during July through the ports off Basra while the exported barrels of oil from Baardat were 7.8 million barrels. The average sale price per barrel was 102.80 dollars per barrel. It was seen that the oil exports were quite low from the Kirkuk area, this proved to be a great boost to the economy of the country.
mike alfred

Ministries Given Power to Increase Productivity - 0 views

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    Iraqi Dinar 123 News:- It was put forward in Baghdad that the Prime Minister of Iraq should dissolve the assemblies and distribute the provinces so that a better system of governance can come forward. This system would be helpful in making a better system of government.
mike alfred

Initiative CBI Taking For Revaluation - 0 views

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    The Central Bank of Iraq on Monday; asked the different ministries and departments to show the letters of guarantee that have been issued to the clients. The managing authority of the Central Bank issued orders as; "The bank asked the General Secretariat of the Council of Ministers circular to ministries and relevant agencies for the purpose of patient claims for letters of guarantee issued by the Bank of the economy the fact that the bank in the rehabilitation phase.
mike alfred

500 Billion Iraqi Dinar Worth Remittances Sold - 0 views

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    Keeping in view the public debt law, the Ministry of finance issued remittances which were backed by the government of Iraq. The Central Bank of Iraq also had a key role to play in the idea of holding auction, granting remittances and every thing else related to it.
mike alfred

900 Billion Dinars Allotted to Hilla Project - 0 views

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    Iraq has spent 900 billion dinars on the three phase project of the streams of Hilla. The municipal ministry of Iraq understood the fact that they need money to develop new streams which was introduced in the form that the budget of 2014 was supposed to have a chunk of it expense in it. The ministry is trying to handle all the issues regarding the project and handle all the things in a proper way.
mike alfred

Total looking at building big petrochemical unit in Iraq - 0 views

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    The head of Total's refining and chemicals division, Patrick Pouyanne, said he signed a preliminary accord with Iraq's industry ministry in November 2013 to examine the feasibility of the complex in the southern Iraqi port of Basra.
mike alfred

Iranian arms deal threaten the relationship between Iraq and the USA - 0 views

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    The media reports raised concerns that the U.S. The administration confirmed that Iraq has signed deal with Iran worth 195 million dollars to buy weapons and ammunition, which was confirmed by the Chairman of the Commission on Security and Defense parliamentary Hassan Sinead, and denied by the Iraqi Ministry of Defense.
mike alfred

Kurdistan Oil Stock Reaches 2.8 Million Barrels: Turkey - 0 views

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    The oil and energy ministry of Turkey announced that the Kurdistan oil stock at Turkey port has reached 2.8 million barrels with the export of 100,000 barrels per day. It shows that the performance of oil industry is so good in Kurdistan. Kurdistan with the cooperation of Iraq is exporting crude oil in the international market via Turkey.
mike alfred

Iraq Sign Deal with Japan for the Development of Infrastructure - 0 views

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    In the first phase, Japanese company will have to construct three bridges by the July next year and the other development projects will be given to the company after the completion of this project. Iraq infrastructure and housing industry will monitor the whole contract and the new projects will be assigned according to the suggestions of this ministry.
mike alfred

The Government Strategies For Economic Advancement - 0 views

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    After looking the recent violence in some major cities of Iraq, the government of Iraq applied some of the effective strategies for the economic advancement. The government of Iraq empowered the fine ministry and central bank of Iraq in the recent unstable situation of Iraq and advised them to keep their activities in the normal routine.
mike alfred

New Oil Export Strategy for 2015 - 0 views

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    Iraqi Dinar 123 News :- The oil ministry is trying to raise the oil productions to four million barrels by 2015. Oil is the basic export of Iraq and it needs to increase for a better economic system of the country. The oil port of Basra is a major source of export.
mike alfred

The Financial Laws are Major Hurdle in RV Procedure: Poppy3 - 0 views

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    Iraqi Dinar 123 News :- Poppy believes that the revaluation process cannot be completed without final completion and approval of financial laws. Financial laws are in the parliament in the prescribed form for the final approval. All the ministries of Iraq will have to vote in writing in the favor of these financial laws.
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