Dean said the Iraqi Institute for Economic Reform and financial expert Kamal Basri, that the fiscal revenue estimate of Iraq’s oil «is not based on the study of global markets, the lack of specialized economic unit are able to predict the future, thus determine the size of demand and oil prices.

He added that «the availability of such a study, spare Iraq the dangers of oil revenue volatility, as happened in the global financial crisis.

The visual, in a press statement that the proportion of oil revenues in the federal budget «reach 98 percent, and 96 percent for the years 2004 to 2010«, explaining that such a large volume of oil revenues «represents an imbalance and distortion in the structure of revenues, and was unable to Iraq in the past ten years, a fundamental change in the structure of production and to avoid the effects of the volatility of crude oil prices and demand in world oil markets.

He said «it was necessary to set up a specialized unit in the Ministry of expectations money to spare from falling budget revenues in cases of volatility, as happened in 2009 ‘, pointing out that «donor countries provided the initiative for the establishment of such a unit and developed but that is not possible. He believed that «approve financial allocations still lacks the economic dimensions of him, as it does not recognize the allocations according to feasibility studies for the use of public money, because the resulting however, is to establish projects of economic benefit is not necessarily the top. He suggested that the Ministry of Finance «studied a new type of financial revenue, based on the imposition of taxes on their individual share, note that global studies show the importance of this approach.

Optical detection, in a statement to Al-Hayat newspaper that Iraq «was able for the first time of allocation of 40 percent of the expenses of the investment. And hope that «grow at this pace until it reaches 70 percent, and unfortunately for« not identify these investment allocations to see how they approach or Distancing itself from the economic and social interest. He suggested «work seriously considering sharing contracts with the private sector as a strategic option, through the preparation of a special law for these contracts and training administrative unit, which holds the work, and rehabilitation.

He called for «re-examine the policy of government support 6.599 trillion dinars, which includes the ration card and support the purchase of crop rice (rice luxurious), rice normal and wheat, and corporate and social protection network and Displacement and Migration and channeled in the direction of the goals of economic and social value paramount. Having felt on this year’s budget of $ 138.43 trillion dinars, or about $ 120 billion, that Iraq «need to board or body for reconstruction can attract qualified Iraqi outstanding or to hire international companies to manage the reconstruction projects to overcome the poor rates of implementation.

ahraraliraq.com

2-27-2013 Newshound Guru LoriC I think the Ministry of Finance announcing it’s undergoing some major administrative changes in the coming days is a sign that they are doing whatever it takes to get this done. As far as the budget, it’s completely agreed upon except for some minor differences related to the amounts of oil companies operating in the Kurdistan region. I believe it will be passed very soon a few days to a week at the most. At that point I see no reason for us not to see our RV.

2-27-2013 Intel/Newshound Guru Poppy3 CHAPTER 7 WILL NOT BE LIFTED TILL AFTER THE RV. THIS WAS STATED TWO YEARS AGO ON THE UNITED NATIONS FLOOR THAT THEY WOULD NEED TO HAVE A TRADEABLE CURRENCY INTERNATIONALLY AND A STABLE COMPLETE GOI TO BE AUTOMATICALLY RELEASED FROM ALL SANCTIONS OF CHAPTER 7. NOW I HAVE NEVER HEARD OR READ ANYTHING DIFFERENT FROM THAT STATEMENT SINCE. GOT TO STAY WITH THAT TILL SOMEONE OFFICIAL SAYS DIFFERENT.

2-27-2013 Intel Guru Frank26 Maliki is neutralized. Is Maliki in charge of the revaluation of the IQD. Heaven’s no, but he is in charge of the delay that will not allow the 2013 budget that has the rate in it to be exposed to the world. But, Maliki who has become the enemy to the masses, do you see the masses complaining, arguing, yelling…no. All of a sudden the masses have stopped. Why, because a very high RV is about to occur to the currency and the people know this.

2-27-2013 Newshound/Intel Guru Bluedog O [Obama] and CL [Christine Legarde] just take a sneaky credit for not telling the truth…making you think it was their procedures that brought the world back. they will never say Iraq as they never said Kuwait. it will happen and I hate the word soon but quickly now IMO. TK [TerryK] has been giving you the straight info, just Hackers and terrorist and 2 border countries had to be worked out. the US and IMF have it all figured out, now let the RV out of the box.

2-27-2013 Newshound/Intel Guru Bluedog think about this, do you think for one moment the IMF that has been silent for so long about Iraq would let the 23rd go by and sit idle…you owe us…and how will you pay you know it has to be in Dinar…first payment do soon and now the protestors sit at Parliaments door, not Maliki cause hes on his way out. they want the Budget done NOW. UST was there and finished a lot, done, completed, it was a major step. they are leaving Friday but all settled. they closed off all monies to terrorist and to Iran and Syria …DONE, needed to be. yes your prize is anytime now.

2-27-2013 Intel Guru Goofball I’M HEARING TOMORROW [WEDNESDAY] WITH A 24/48 HOUR SHOWING, THAT WOULD PUT US RIGHT AT FRIDAY.

2-27-2013 Newshound/Intel Guru Flashing my sources are expecting something between tomorrow and saturday. just rumors. after the recent articles and the one of today we are just in the final countdown. imo, the backwall is real and this needs to happen on or before may. so i am very happy and also like those rumors out there.

2-27-2013 Newshound/Intel Guru BGG Article: “BAGHDAD / NINA / The leader of the Iraqiya coalition, the minister of finance, Rafie al-Issawi discussed with the Representative of the Secretary-General of the United Nations in Iraq Martin Kobler “developments in the political crisis in Iraq” Interesting for 3 reasons…1) al-Issawi is referred to as the leader of the Iraqiya coalition. 2) He’s the guy Maliki is most intent on having arrested right this minute…(as a counter measure to all going on against Maliki right now) 3) Kobler is meeting with al-Issawi – Wow??!? The UN stepping in…

2-26-2013 Newshound/Intel Guru Flashing So based on that I assume that the back wall for ch 7 is May 2013 too. If you tied all the articles of the DFI Fund with the fact that the post of the High Level Coordinator wasn’t renewed on December 2012 and to the fact that the UNSC report on their recommendations about ch 7 still pending , you can conclude that Iraq will be out of ch 7 very soon and not later than May 2013. On the other hand it indicates that the rv is upon us. [post 2 of 2]

2-26-2013 Newshound/Intel Guru Flashing Article: “Ministry of Planning discuss with World Bank strategy of cooperation for the protection of Iraqi funds after the end of the protection period U.S.” I have said before the back wall is May 2013…the last sentence of the above article ratifies what I have said before about the back wall for the rv. On may 2013 the frozen funds of Iraq will be released and will be available for them, which means that sanction will be lifted. The last sentence clearly indicates that they will be released from ch 7 by that date. It read as follows: “especially in the field of protection of Iraqi funds after the end of the U.S. protection and exit from Chapter VII International Report.” [post 1 of 2....stay tuned]

2-26-2013 Newshound/Intel Guru Bluedog Maliki sent a formal letter to Parliament to disburse the fund to the Providences Yesterday and also they have been in meetings to up the price of oil in the Budget to over a 100.00 per barrel. World and regional Media was there Saturday for the Big Seminar on the 2013 Budget Implementation Procedures…many in attendance from the Region and the vote was passed on to further notice today…the Kurds are very happy now, so what’s the hold up, IMO the announcement. I am still excited as you all should be…

2-26-2013 Newshound Guru Bondlady I’d like to bring in my number one favorite articles of the day. can you say WTO? “Baghdad again the tariff law BAGHDAD – Naseer Goldfinch Tuesday, February 26, 2013 Iraqi government decided to resume the tariff law in the form of partial fear of sudden swings in the prices of goods in the domestic market.” “Ministry of Planning and Development Cooperation Abdul-Zahra al-Hindawi said in a statement to Al-Hayat that the freezing of tariff law back to the Ministry of Finance, and Customs Authority implemented.” implemented! bring on iraqs currency too, tradeable world currency, internationally accepted! almost there folks hang in there these are things on our check list had to be done. rate change should happen too because i don’t know how their going to tax the people on 1166… things are looking good!

2-26-2013 Newshound/Intel Guru BGG So the real timing of the RV is not in the budget, nor is it in a speech or a banking article. Are these all good indicators? Absolutely. We want to watch these things. Barzani is talking about a National Meeting. How can you have a National Meeting with Maliki? You can’t. Barzani already knows the outcome. I don’t see anything until this weekend. It all depends on how directly they approach Maliki. Friday is March 1st, one day past the deadline. We will see a lot of stuff happen after that. So, the real timeline is the one I gave already. I said two weeks ago, 30 – 45 days, two weeks of that are gone & we are right in that window. Let’s see what happens over the weekend, keep you eyes on the news. It will all happen right in front of you. That is the real timeline for the RV, barring some major catastrophe.

2-26-2013 Newshound/Intel Guru BGG “The Real Timing For The Iraqi RV” A couple of weeks ago I said the timeline was 30 – 45 days out. I believe that this is a real investment & anything can happen and I believe we are getting closer to the end & that timeline is a very valid timeline. I believe Maliki had been given a specific timeline by a group of players, one of which is the U.S., I believe, by the end of the month to get this thing straightened out. If he doesn’t I suspect they will go after him. There was all this build up about the budget and then yesterday, no budget. They are going to put off on the budget until after the 1st. So, the bottom line is, it isn’t about the budget, the budget is already figured out. What they are doing is they want to see if Maliki is going to do what he said he was going to do. We all know that he is not.

2-26-2013 Intel/Newshound Guru Poppy3 [via BGG] We have similar information from a security contact from the Kurdistan region said a lot of construction going on everywhere in Bagdad and from an aerial view it was breathtaking. A lot going on there, some political unrest. The short story is it is moving forward correctly. Poppy3 has a state contact that believes, barring any catastrophe, is convinced the next couple of weeks are very interesting, that this is the right time for this thing to happen.

2-26-2013 Intel/Newshound Guru Poppy3 [via BGG] The delegation Poppy3 was talking about was a UST and an IMF delegation. Part is back and part is still there. A Middle Eastern gentleman that has been talking to a mutual friend of ours for quite some time, someone we trust, showed up over the weekend. He recently went through Bagdad and said the progress is breathtaking, it looks like a boom town and they have done this on a limited budget. When they open the budgets it will be amazing. They are planning to move back to Bagdad once the political unrest is taken care of and the financial structure is back in place so they can operate their business effectively. They are geared up to move back in the near future. The information he relayed and this is his opinion that this financial occurrence is probably in the next couple of weeks and that’s what has him excited. That’s not necessarily mine or Poppy3′s opinion.

2-26-2013 Newshound/Intel Guru Bluedog Article: “Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the importance of handling the national currency, the Iraqi dinar in the commercial and investment operations to support and promote confidence in foreign dealings” Seems to me Turki has just met with Cabinet on investment support mechanisms Iraqi dinar currency…the UST and World Bank are there discussing Currency…and Parliament waiting for word to expose the Budget.

2-26-2013 Newshound Guru Shredd we have all this proof and so much more that iraq is growing in wealth, infrastructure, and at this growing rate, the true value of what the dinar COULD be at continues to grow respectively so, imo, we can project that the longer the delay in starting the new exchange rate regime the greater it will emerge, it’s logical. they are growing, like Bondlady says, in spite of themselves so, even though we don’t see the program rate change, the fact is, the real value is growing day by day.

2-26-2013 Newshound/Intel Guru Flashing imo, we are in a great momentum . there are great rumors about this week particularly from wednesday thru saturday as i said before. but remember just rumors. nobody knows the exact date or rate but trust me we are doing very well. the real drivers are telling us how great we are doing. [you seem to be a little more excited tonite than before.] well, i have became familiar with documents and articles that are making me very happy.

dinarguru

The Secretary General of the Council of Ministers Ali Mohsen Keywords presided over the meeting Coordinating Committee Supreme to follow government performance, which includes the central bank governor Acting Prime BSA Basset Turki and head of the General Administration of Customs Munther Abdul Amir and a number of representatives of stakeholders that «Secretariat relay file border crossings may impose a small fee on imported goods as a prelude to the application of tariff on all ports.

Act two thousand and ten

Iraq acknowledged tariff law number twenty-two of 2010 and entered into force on December 6 (December) of the same year, but the widespread criticism has evolved into a popular demonstrations prevented the government’s commitment to the law and decided to wait.

Iraq stressed the need to remove obstacles in the face of investors in the banking sector and customs system, stressing that the non-completion of projects linked to the conditions and factors that accompany customs systems and banks as well as the complications and problems facing companies Investing.

Turkish Turning to the main obstacles in the face of restructuring of public banks and the inability of the private banks to Achieve development, stressing that the bank sought to register private companies as the 1,200 companies were registered and recorded now 1,500 companies.

Difficulties application

Abdul Amir pointed out to «difficulties applying tariffs because of the lack of a parking lot or customs warehouses, expressing willingness of staff of the Commission to start to apply after the training of more than 80 percent of the staff at border crossing points. The meeting agreed to hold another meeting next week to discuss appropriate mechanisms to raise barriers applying the appropriate options to arrange the financial and banking system, and the optimum application of customs duties through recommendations submitted to the Council of Ministers.

And supported the expert in the field of border crossings Arslan Salim Abbasi law enforcement, saying it was the most prominent government tools to organize trade policy and the protection of the domestic market and the product. He told «life» that the state has the right to impose restrictions on the free

help them to stand in the face of foreign industries and are not subjected the country to a policy of dumping bad, as is happening now.

She added that the imposition of fees means revive domestic industry unable to fully compete with imported exempt from any fees , which encouraged Producers to increase their interaction of trade with Iraq, but to intervene in the internal political affairs by supporting actors window to keep this law on hold, and support others to strike the interests of competitors from other countries. It pointed out that it helps keep money within the country, the local industry is providing the state the cost of imports and create jobs.

And saw a member of the Economic Committee Nahida Daini that «the application of these laws will pay the price of the Iraqi citizen because the merchant cares only for profits and will resort to add fees on the value of goods and put on the market. Did not rule out the existence of pressures exerted by neighboring countries, especially Iran and Turkey, to extend the freeze implementation of these laws, as are considered Iraq market especially for discharge Daúahma and a large part of which is of poor quality, and this uncertain by adjusting large shipments of materials found to be corrupt, such as meat and canned goods. She: The value of foreign trade with Iran and Turkey exceed $ 25 billion, moved it to work hard to squeeze or find outlets across parliamentarians and officials of non-application of any decision not in their interest.

A Spokesman for the Ministry of Planning and Development Cooperation Abdul-Zahra al-Hindawi said in a statement to the newspaper Al-Hayat that the freezing of tariff law back to the Ministry of Finance, and Customs Authority implemented.

Ruled out economic adviser in the cabinet peace Sumaisem a negative repercussions on the local product if not applied tariff law, stressing that the problems of increasing costs and the presence of large numbers of redundant in the industrial sector will remain, even if the support the national industry, which means it will remain unable, now at least, to compete with foreign product.

ahraraliraq.com

Iranian interference prevented replace Maliki

Published 16/02/2013 08:38 AM

BAGHDAD – bright Abbas *
senior Iraqi politician stressed that Iran placed, in the final moments, a veto on attempts to replace Prime Minister Nuri al-Maliki, a well-known leaders of his own party.

Noteworthy that the Front, which sought to replace Maliki with blocks Al-Iraqiya and al-Sadr and Kurds. He went after the failure of efforts to use the «accountability and justice on rooting out former Baathists to strip Maliki element of strength.
The source, who declined to be named said that «the accountability which re-established in May 2012 to include seven people make ablation a majority decisions, is controlled by actually 5 belonging to the anti-government blocs.
He said: «of the paradoxes of the new Iraqi situation that the strength of al-Maliki in the security services secured by senior officers, mostly covered by the procedures of accountability and justice, have been excluded from the proceedings because of their state service after 2003.

The body was surprised everyone rooting President of the Federal Court Midhat Mahmoud, who is close to al-Maliki and confirmed that it is preparing to uproot other judges.

According to political sources, different political and religious parties nominated by the leader of the Shiite Dawa Party former Maliki’s office manager Tarek Najm to head the government after the elections or before.

The delegation was headed by star line represents the Shiite demands for change and also includes streams within Dawa Party visited the Kurdistan Region President Massoud Barzani, a few days ago to see a new project to resolve the crisis and revive the Shiite alliance – Kurdish.

The source said that Tehran had intervened at the last minute, sending Abu Mahdi Mohandes, one of the leaders of «the Badr Organization» and known close to the decision-making in Tehran to provide support to al-Maliki at this stage and stop attempts to change, and this means isolating stream Shiite leader Muqtada al-Sadr Shiite.

The United States has accused Jamal Jaafar Mohammed, known as “Abu Mahdi Mohandes” blew up the headquarters of the U.S. and French embassies in Kuwait in 1983 and prevented the exercise of political action.

The Al-Hayat published two weeks ago that Tehran has sponsored a meeting of the Shia leaders on the sidelines of the Islamic Unity conference interrupted chest, concluded unite «National Alliance» behind the Maliki government.

And indicates recent political moves of the opposition forces that goal now is to narrow the circle around Maliki, has preempted, through de-President of the Federal Court, the latter’s intention to appeal the decision of the mandate of the Prime Minister. They will not agree to a nomination for the presidency of the court only after the parliamentary elections to ensure that no appeal against this decision.

If implemented the ‘accountability’ resolution uprooting dozens of military and police commanders and some deputies and advisers and members of the private bodies, as well as judges, will open the Iraqi scene confrontations sharp run-up to elections.

altahreernews.com

Amazed expert in the field of management of the Iraqi border ports Arslan Salim Abbasi, the big difference between the revenues declared by the Directorate General of Customs and those announced by the Government within the draft general budget.

He said in a press statement that «the General Administration of Customs announced officially that the proceeds of duties on goods last year exceeded $ 400 million has doubled in the event of the application of tariff law frozen three years ago.

He added that «official data enclosed within a bill the federal budget for this year, and planned to be approved by the House of Representatives soon, showed that imports customs last year reached 965 billion dinars (829 million dollars), while the estimates this year about 1.62 trillion dinars, while the taxes on imported goods according to their value , or what knows Balmkus, 330 billion. He noted that in a statement to

Al-Hayat newspaper that «customs revenues grew 10 percent and contribute 0.89 percent of total revenue, pointing out that« the difference between the figures pointing to an imbalance in the management of border crossings.

Iraq has ports President border with Turkey, Syria, Jordan, Iran, Kuwait, and four sea ports and five airports. He described Arslan border crossings ‘young’ compared with their counterparts in those countries despite the fact that some were used thousands of years ago in what is known as ‘Silk Road’.

And efforts Kurdistan Regional Government for the development of ports with Turkey coincided with the decline in the performance port Rabia in Nineveh province, confirmed Arslan that «port Rabia, and recognition of Turkey, is closest comparable ports region, and its importance that port bulk of Iraq to reach Europe, and therefore the government is obliged developed and not to underestimate its importance.

The Director General of the Iraqi customs Qaisi morning announced the government’s efforts to activate the port a strategic border with Turkey in the province of Nineveh and the introduction of a free trade zone near the port to reduce dependence on the list of ports in the Kurdistan region.

Abizaid and «Some studies is moving towards the establishment of free zones in most of the provinces that have commercial outlets with six neighbors, namely Kuwait, Iran, Turkey, Syria, Jordan and Saudi Arabia, each exists but is enabled and each needs to expand, along with the development of new areas according to the volume of trade exchange ».

The head of the economic center of the Iraqi Dergham Mohammed that «border crossing points are not yet qualified to apply laws such as tariffs, and the superimposed raise the level of financial and administrative corruption to pass goods proportions customs less, in addition to the presence of outlets are not subject in the form of a full customs authority of Iraq, what requires open a port for the flow of goods, which will drop in intensity on the official ports.

ahraraliraq.com