Category: Ministry of Finance

Iraq Ministry of Finance is seeking to adopt the electronic system in banks

, the Ministry of Finance to adopt labor-mail in government banks instead of the manual in collaboration with the World Bank within the project of restructuring the banks, while stressing the Land Bank that this process needs to control and audit electronic severe to prevent money laundering.

International banks refuse to cooperate with Iraq in the recovering smuggled IQD; U.S court ruling needed

Integrity Commission revealed the presentation made by international companies to recover Mawal smuggled from Iraq in return for up to 10% of the amount recovered.

Maliki calls to review laws that hinder progress of private banks; Says private and government banks should coordinate efforts

Called Iraqi Prime Minister Nuri al-Maliki on Saturday, reviewing legislation and laws that hinder the work of private banks, “calling on the central bank to” coordination between private banks and government “, while stressing bank on the need to” support the government’s domestic banks and give a chance for a balance between everyone. “

Finance Committee: Amendments to the work (law) of private banks soon

Revealed the Finance Committee in the House of Representatives for an expanded meeting will be held during the next few days to develop a new mechanism serves the work of banks in the country, indicating it is waiting for a bill from the government outlining dealing with the banking system in the future in a manner consistent with the methods adopted in developed countries.

Rasheed Bank to open branch in Rome; First in Europe

Minister of Finance announced the agency Ali Yousef Shukri, on Tuesday, the approval of the World Bank Roman to open the first branch of the Iraqi bank in Europe, returned to step will be important for the work of Iraqi banks in Europe, and will allow the Iraqi citizens abroad to deal with and provide all facilities to investors.

Najafi visits CBI and confirms Parliament’s support and praises role in maintaining the exchange rate of the dinar

{Baghdad: Euphrates News} The President of the House of Representatives Osama Najafi on the importance of developing a strategy for fiscal policy coordination between the Ministry of Finance and the monetary policy of the central bank.

Citizens raise complaints over damaged and torn IQD; A need for new currency

JD / Abbas Al traveler / .. Did not believe the Iraqis that they got rid of the problem “coins counterfeit” and that has spread dramatically days of the dictatorial regime and lost causing some citizens big money, even caught in the problem of not less affair about, namely money, “damaged and torn” and traded in large quantities in local markets now.

Members of Finance Committee demand Baghdad, Erbil resolve differences prior to settling 2014 budget and election issues

Warned the deputies and members of the Finance Committee, the parliamentary repeat the scenario of political debates which they are subject budget at the end of each year, and drew out that the differences that existed in last year’s budget between Baghdad and Erbil special allocations oil companies operating in the region and the allocation of the Peshmerga and the share of the regions of the budget subject to repeat this year not to hold the committees formed between the two parties any meeting so far, and accused the government of covering up the final accounts for the last four budgets.

Launch The Iraqi Dinar ~ Vice-President of the Economic Commission project to delete the zeros and economic feasibility of the regional climate has become suitable for launch

Mahma Khalil Alsnjara: Vice-President of the Economic Commission project to delete the zeros and economic feasibility of the regional climate has become suitable for launch

Finance Committee Member: 2014 budget to arrive early this year for house decision (September)

I expected a member of the parliamentary Finance Committee, on Monday, the arrival of the draft federal budget for the year 2014 at an early date, compared to previous years, demanding the participation of the House of Representatives in their preparation.