Duke
12-05-2010, 01:04 AM
After hosting Shabibi .. Parliament meets on Monday
By: mano
On: Saturday 12/04/2010 19:53
Baghdad (news) .. lifting the House of Representatives held its meeting today, headed by Osama Nujaifi President of the Council on Monday.
According to a statement of the Council that the Parliament hosted at its ninth regular meeting, today's central bank governor Sinan Shabibi and his advisers.
He added that Nujaifi offered an apology on behalf of the Council to the Minister of Trade and agency purity of net debt against the backdrop of not attending the meeting host, adding that the minister was on an official mission in the province of Basra, declaring that he would attend at a subsequent meeting to answer questions of Representatives.
For his part, expressed thanks to the net spiritual shown by the Council, and hoped that the relationship between the government and the complementary relationship.
Then declared the President of the Council that the general budget of the State and reached the House of Representatives on Thursday was guidance distributed to all members of the council, calling for quick formation of the Finance Committee to study the budget and to report and discuss relevant and host an official in the House of Representatives, stating that he will ask the central bank governor being responsible to the council.
In the paragraph devoted to host the Iraqi Central Bank Governor, speaking for the conservative fiscal and monetary policies and the Bank's relationship with the government and management of reserves, national banks and the country's reserve of hard currency.
Shabibi noted that the central bank is the only party responsible for the level of price stability and to maintain the purchasing power, pointing out that the foreign reserves is a cover for the central bank to hedge the country's economy.
He explained that the Bank was able by means of fiscal policy against inflation situation in the country, which Ankhvz average of 34 percent to 3 percent, stressing the bank aims to build a monetary policy coherent and rational, noting that the bank has achieved significant results in very harsh conditions, and was subjected to two Arhabyitn but did not Twthera to perform the job.
Congress put a number of questions and inquiries and interventions specific to the work of the Central Bank.
He asked Attorney Habib Terminal on the feasibility of the process of deleting the zeros and their impact on the market, while MP Sabah al-Saadi to reveal the nature of the documents missing from the central bank, while MP inquired about the possibility of Najeeba Najib opening of a branch of the Commercial Bank in Dahuk.
For his part, drew MP Mansour al-Tamimi to what action was taken regarding the presence of banks have gone bankrupt, MP Qasim Mohammad Qasim introduced the observations concerning the old currency and obstruction to facilitate change currency to the people of the Kurdistan region during the former regime, and wondered about the possibility of compensation for citizens than their possession of such currency.
Considered as placeholders filled Saadi said the banking sector is still weak and suffering from problems, wondering about the reasons for bad debts, while the deputy asked Abdel Salam al-Maliki for monetary policy in place to face any financial crisis.
MP Faleh force demanded by the monetary policies to be taken to reduce the fiscal deficit, which accompanied the budget in addition to the nature of the relationship with the World Bank, invited the MP Susan Saad to report on bank deposits and taking advantage of regional expertise.
He also called on the Attorney Mutashar Hussein to find a solution to the issue of interest banking, while MP Adnan al-Janabi's keenness on the importance of the House of Representatives on the independence of the Central Bank.
For his part, MP Ahmed Hassan drew a flood of God to the Central Bank's role in economic life and dealing with inflation, wondering about the reasons behind Iraq borrow $ 250 million from the World Bank, despite the presence of a developing economy in the country.
He also called Haider Mulla, conservative monetary policy to clarify the nature of realism in the areas of financial support to several multi-sectoral, with Deputy Secretary Farhan expressed interest in knowing the precautions taken by the bank in the event of exit from Iraq under Chapter VII.
Asked MP Walid al-Hilli on the action taken by the Government on what issued by international courts.
It was also MP Haydar Abbadi Notes on the Bank's role is important for the award of the national economy under the current circumstances and the importance of linking the dinar to a basket of currencies instead of dollars.
He also called on Governor Zamili know the fate of the money that was put under the names of companies and fake names in the era of the former regime, MP Nassar al-Rubaie introduced a number of questions, notably the nature of the liability coverage is located and the extent to secure the independence of the national economy, while inquired MP Ahmad al-Alwani, for failure to diversify financial cover because Tzbb dollar exchange rate.
Shabibi has answered questions on the House of Representatives, and stressed the need for a dolly and the conditions of stability for the process to delete the zeros that are related to time which will be determined later.
He noted that the case or cover up the currency comes at the request of the government or the Ministry of Finance on the dinar, which was produced by the central bank, pointing out that the size of the reserve support important currency in circulation because the affected reserves will affect the fiscal balance.
He said the governor said the central bank responsible for monetary policy, a total as signs of the Central Bank on founded by moving banks, adding that the bank does not deal with the public, but banks are determined by interest rates, although it puts the policy interest rate and the discount is determined by these banks.
He said the process of replacing the old currency had a specific time and in contravention of these appointments lead to an imbalance in the supply of money, that part of the discipline of monetary policy is to maintain the date of replacement.
He added that the impact of the global financial crisis on Iraq was part of oil prices, and the Iraqi market, promising to enter the investment and that of the positive effects of the global crisis.
He said the work at the Central Bank not affected by terrorist actions suffered by, assured MPs not to lose data and important documents from the bank especially with the storage and the presence of deep ties with the international banks were willing to give the Bank of any document may be lost. He Shabibi said the central bank not mind open banks in the state of being makes a number of recommendations in this matter, expressing his conviction to the availability of the stability of the currency and the exchange rate because of the power of a cash reserve.
He called on the private sector and public sector to take advantage of the ground and the proper environment provided by the Central Bank in the development of all fields.
On the issue of central bank lending money to the government, the governor said the central bank to Aikarz government money from the cash to cover, but can provide important ways for the government to finance the deficit through borrowing from the market and the issuance of treasury remittances in order to save money for the budget.
He expressed the bank's readiness to cooperate with the government, beyond the border lending by banks, adding that the central bank recognizes the need for government money in the development plans, but the case regarding the elaboration of the general budget.
In turn, student adviser to the CBI the appearance of Mohammed Saleh, the House of Representatives that the re-cost the public budget and its implementation mechanism, warning of the withdrawal of $ 5 trillion dinars from the reserves of the Central Bank because of its negative reflection in front of the international economic community.
And display Walid Idi Director-General in the Ministry of Finance, the developments in the banking sector in several areas, notably the expansion of the opening of branches of banks in the various governorates and the adoption of modern methods in the field of banking and mechanisms of action in the banks and the establishment of a special office to combat money laundering.
In the second paragraph completed the House of Representatives to discuss the issue of unemployment and methods of treatment, as proposed by Rep. Zeinab Abdel Ali develop a database to determine the special grades and detection of disguised unemployment.
Thamer al-Alwani, MP has called for a plan for each Ministry to absorb the workforce according to the specialization and efficiency, while MP Hussein Nermo to the allocation of amounts of oil imports or taxes to support the unemployed while they find jobs.
While the proposed MP because Muhammad Ali to support small projects and the opening of institutes for the unemployed. The purity of net debt and the Minister of State for Parliamentary Affairs, the State is keen on tackling unemployment, noting that there are a large number of staff borne by the State paid what leads to the depletion of state resources . He disclosed the plans of the Government to tackle unemployment through the creation of investment opportunities and find a balance between the investment activities and non-investment in the process of finding jobs, pointing out that the role of the Council of Representatives is important in providing the funds necessary to tackle unemployment.
For its part, called placeholders safe Saadi to the distribution of funds for small enterprises with a control on the performance of these projects, while MP Abdul Hussein al-Hussein on the need to absorb part of the unemployment in the investment process.
MP Hamid Buffy has seen the importance of a decimal or a five-year programs to tackle unemployment, criticizing bring foreign workers into the country with high unemployment, while MP Adel al-Maliki called for enactment of a law of military service and speed up the establishment of the Federal service.
And MP Mahmoud Othman said that encouraging the private sector and increase productive investments will contribute to solving the problem of unemployment, as called for increased allocation of MP Nahida farmland backed by the unemployed without benefits or restrictions.
For his part, urged the Greens MP Abdel-Mahdi to benefit from the experiences of neighboring countries in addition to the experience of the Kurdistan region in addressing this problem, while MP Khalil Mahma the need to benefit from the implementation of the project to build one million housing units in addressing this issue.
The MP said Kanna that unemployment is a major cause of migration outside the country, alluding to the role of government and the private sector in finding solutions to the problem of unemployment, while MP Sabah al-Saadi on the right of the citizen wealth by distributing a share of the oil it. / Finished / (n. R). .
http://www.ikhnews.com/news.php?action=view&id=5120
By: mano
On: Saturday 12/04/2010 19:53
Baghdad (news) .. lifting the House of Representatives held its meeting today, headed by Osama Nujaifi President of the Council on Monday.
According to a statement of the Council that the Parliament hosted at its ninth regular meeting, today's central bank governor Sinan Shabibi and his advisers.
He added that Nujaifi offered an apology on behalf of the Council to the Minister of Trade and agency purity of net debt against the backdrop of not attending the meeting host, adding that the minister was on an official mission in the province of Basra, declaring that he would attend at a subsequent meeting to answer questions of Representatives.
For his part, expressed thanks to the net spiritual shown by the Council, and hoped that the relationship between the government and the complementary relationship.
Then declared the President of the Council that the general budget of the State and reached the House of Representatives on Thursday was guidance distributed to all members of the council, calling for quick formation of the Finance Committee to study the budget and to report and discuss relevant and host an official in the House of Representatives, stating that he will ask the central bank governor being responsible to the council.
In the paragraph devoted to host the Iraqi Central Bank Governor, speaking for the conservative fiscal and monetary policies and the Bank's relationship with the government and management of reserves, national banks and the country's reserve of hard currency.
Shabibi noted that the central bank is the only party responsible for the level of price stability and to maintain the purchasing power, pointing out that the foreign reserves is a cover for the central bank to hedge the country's economy.
He explained that the Bank was able by means of fiscal policy against inflation situation in the country, which Ankhvz average of 34 percent to 3 percent, stressing the bank aims to build a monetary policy coherent and rational, noting that the bank has achieved significant results in very harsh conditions, and was subjected to two Arhabyitn but did not Twthera to perform the job.
Congress put a number of questions and inquiries and interventions specific to the work of the Central Bank.
He asked Attorney Habib Terminal on the feasibility of the process of deleting the zeros and their impact on the market, while MP Sabah al-Saadi to reveal the nature of the documents missing from the central bank, while MP inquired about the possibility of Najeeba Najib opening of a branch of the Commercial Bank in Dahuk.
For his part, drew MP Mansour al-Tamimi to what action was taken regarding the presence of banks have gone bankrupt, MP Qasim Mohammad Qasim introduced the observations concerning the old currency and obstruction to facilitate change currency to the people of the Kurdistan region during the former regime, and wondered about the possibility of compensation for citizens than their possession of such currency.
Considered as placeholders filled Saadi said the banking sector is still weak and suffering from problems, wondering about the reasons for bad debts, while the deputy asked Abdel Salam al-Maliki for monetary policy in place to face any financial crisis.
MP Faleh force demanded by the monetary policies to be taken to reduce the fiscal deficit, which accompanied the budget in addition to the nature of the relationship with the World Bank, invited the MP Susan Saad to report on bank deposits and taking advantage of regional expertise.
He also called on the Attorney Mutashar Hussein to find a solution to the issue of interest banking, while MP Adnan al-Janabi's keenness on the importance of the House of Representatives on the independence of the Central Bank.
For his part, MP Ahmed Hassan drew a flood of God to the Central Bank's role in economic life and dealing with inflation, wondering about the reasons behind Iraq borrow $ 250 million from the World Bank, despite the presence of a developing economy in the country.
He also called Haider Mulla, conservative monetary policy to clarify the nature of realism in the areas of financial support to several multi-sectoral, with Deputy Secretary Farhan expressed interest in knowing the precautions taken by the bank in the event of exit from Iraq under Chapter VII.
Asked MP Walid al-Hilli on the action taken by the Government on what issued by international courts.
It was also MP Haydar Abbadi Notes on the Bank's role is important for the award of the national economy under the current circumstances and the importance of linking the dinar to a basket of currencies instead of dollars.
He also called on Governor Zamili know the fate of the money that was put under the names of companies and fake names in the era of the former regime, MP Nassar al-Rubaie introduced a number of questions, notably the nature of the liability coverage is located and the extent to secure the independence of the national economy, while inquired MP Ahmad al-Alwani, for failure to diversify financial cover because Tzbb dollar exchange rate.
Shabibi has answered questions on the House of Representatives, and stressed the need for a dolly and the conditions of stability for the process to delete the zeros that are related to time which will be determined later.
He noted that the case or cover up the currency comes at the request of the government or the Ministry of Finance on the dinar, which was produced by the central bank, pointing out that the size of the reserve support important currency in circulation because the affected reserves will affect the fiscal balance.
He said the governor said the central bank responsible for monetary policy, a total as signs of the Central Bank on founded by moving banks, adding that the bank does not deal with the public, but banks are determined by interest rates, although it puts the policy interest rate and the discount is determined by these banks.
He said the process of replacing the old currency had a specific time and in contravention of these appointments lead to an imbalance in the supply of money, that part of the discipline of monetary policy is to maintain the date of replacement.
He added that the impact of the global financial crisis on Iraq was part of oil prices, and the Iraqi market, promising to enter the investment and that of the positive effects of the global crisis.
He said the work at the Central Bank not affected by terrorist actions suffered by, assured MPs not to lose data and important documents from the bank especially with the storage and the presence of deep ties with the international banks were willing to give the Bank of any document may be lost. He Shabibi said the central bank not mind open banks in the state of being makes a number of recommendations in this matter, expressing his conviction to the availability of the stability of the currency and the exchange rate because of the power of a cash reserve.
He called on the private sector and public sector to take advantage of the ground and the proper environment provided by the Central Bank in the development of all fields.
On the issue of central bank lending money to the government, the governor said the central bank to Aikarz government money from the cash to cover, but can provide important ways for the government to finance the deficit through borrowing from the market and the issuance of treasury remittances in order to save money for the budget.
He expressed the bank's readiness to cooperate with the government, beyond the border lending by banks, adding that the central bank recognizes the need for government money in the development plans, but the case regarding the elaboration of the general budget.
In turn, student adviser to the CBI the appearance of Mohammed Saleh, the House of Representatives that the re-cost the public budget and its implementation mechanism, warning of the withdrawal of $ 5 trillion dinars from the reserves of the Central Bank because of its negative reflection in front of the international economic community.
And display Walid Idi Director-General in the Ministry of Finance, the developments in the banking sector in several areas, notably the expansion of the opening of branches of banks in the various governorates and the adoption of modern methods in the field of banking and mechanisms of action in the banks and the establishment of a special office to combat money laundering.
In the second paragraph completed the House of Representatives to discuss the issue of unemployment and methods of treatment, as proposed by Rep. Zeinab Abdel Ali develop a database to determine the special grades and detection of disguised unemployment.
Thamer al-Alwani, MP has called for a plan for each Ministry to absorb the workforce according to the specialization and efficiency, while MP Hussein Nermo to the allocation of amounts of oil imports or taxes to support the unemployed while they find jobs.
While the proposed MP because Muhammad Ali to support small projects and the opening of institutes for the unemployed. The purity of net debt and the Minister of State for Parliamentary Affairs, the State is keen on tackling unemployment, noting that there are a large number of staff borne by the State paid what leads to the depletion of state resources . He disclosed the plans of the Government to tackle unemployment through the creation of investment opportunities and find a balance between the investment activities and non-investment in the process of finding jobs, pointing out that the role of the Council of Representatives is important in providing the funds necessary to tackle unemployment.
For its part, called placeholders safe Saadi to the distribution of funds for small enterprises with a control on the performance of these projects, while MP Abdul Hussein al-Hussein on the need to absorb part of the unemployment in the investment process.
MP Hamid Buffy has seen the importance of a decimal or a five-year programs to tackle unemployment, criticizing bring foreign workers into the country with high unemployment, while MP Adel al-Maliki called for enactment of a law of military service and speed up the establishment of the Federal service.
And MP Mahmoud Othman said that encouraging the private sector and increase productive investments will contribute to solving the problem of unemployment, as called for increased allocation of MP Nahida farmland backed by the unemployed without benefits or restrictions.
For his part, urged the Greens MP Abdel-Mahdi to benefit from the experiences of neighboring countries in addition to the experience of the Kurdistan region in addressing this problem, while MP Khalil Mahma the need to benefit from the implementation of the project to build one million housing units in addressing this issue.
The MP said Kanna that unemployment is a major cause of migration outside the country, alluding to the role of government and the private sector in finding solutions to the problem of unemployment, while MP Sabah al-Saadi on the right of the citizen wealth by distributing a share of the oil it. / Finished / (n. R). .
http://www.ikhnews.com/news.php?action=view&id=5120