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Rafie al-Issawi: we adopted a rate of $ 85 for 2012 budget
29/05/2011
During the celebration of 70 anniversary of establishment of Bank of Iraq
Zia Alckheon:new facilities for journalists and media
Baghdad Yasser incumbent
Detect and Minister of Finance.
Rafie al-Issawi said the ministry had approved the price of oil, $ 85 for the purposes of the budget year 2012 and on the basis of export 2.5 million barrels a day.
This came during a ceremony sponsored by the Rafidain the 70 anniversary of its foundation in the presence of Governor of the Central Bank.
Missions of the Ministry staff
Issawi said the ministry's intention to send missions to the United Kingdom at the expense of the ministry to raise the performance of those working in the banking sector, said: "We are now awaits the signature of the Memorandum of Understanding to this effect with the British side, pointing out that these missions aimed at raising the level of upgrading the performance of workers in the ministry.
Restructuring of the banking sector
And said: "The ministry is also seeking through the restructuring of the banking sector the government in collaboration with the World Bank and the Central Bank of Iraq to develop the banking sector to enable it to catch up with countries of the world, especially as we embark on building a large campaign.
He stressed that the restructuring at the administrative, technical, and amending legislation will be in building human capacity and enabling it to act in accordance with international accounting standards and to catch up with the nations.
Private sector support
In answering the question of the economic performance of the morning on the activation of the private banking sector Issawi said: We have had an important meeting with the departments of the banking system (government and private) and we discussed the working paper submitted by the Association of Iraqi private banks on support for private banks.
He called attention to the task of making four recommendations in this regard, the Ministry will approach the Economic Committee in the Council of Ministers for obtaining approvals regarding them.
He said the ministry's intention to support the private banking sector and be able to perform my role in economic development as a complement to the government sector to play this role.
61 billion dinars profit
Then the General Manager of Bank of Iraq Zia Alckheon speech he announced that the bank's net profits exceeded 61 billion dinars within the past four months there would be 12 billion dinars in 2010.
He said in an exclusive interview on the sidelines of economic morning celebrating the 70 anniversary of the founding of Bank of Iraq: This is done check the events within the 100 days allocated by the President of the Council of Ministers for the advancement of the Iraqi economy.
He added: As I was building 6 new branches in areas Zorbatiyah Chabaish and Haidari, Chinese, Midhtip.
He explained that the total loans granted by the Bank during the period amounted to percent on 116 billion dinars and distributed among the five thousand beneficiaries.
Completion of 70 percent Of the smart card project
As between that bank and 431 million completed a smart card to the beneficiaries, which contributed to facilitating the distribution of salaries and reducing the burden of the retired and covered by other categories in addition to 609 thousand in the bank card so good and completed 70 percent of the project.
During the ceremony which was attended by the morning to shield the bank by the Adviser to the Minister and the supervisor of Bank of Iraq, Mr. Zia Alckheon as Associates of the bank provided a shield similar to Khyoun in appreciation of his role in the development of the bank's performance.
Alckheon and received through the shield detection (morning) his intention to find a facility for journalists and media staff covered by the loans will be announced soon.
Stressed the importance of the search for alternatives to protect ..
Shabibi: last chance for the protection of Iraqi funds
Shabibi said the decision to extend protection to the Iraqi money is useful to arrange for its future status.
He said in reply to a question on economic morning on the sidelines of the celebration: This decision is the last chance and the government should do its utmost to find acceptable alternatives protectionism and the settlement of their affairs during the specified period of one year.
Shabibi pointed out that the United Nations will not go on forever to protect Iraqi funds and this requires research on how to protect post-term and requires swift action to resolve the debt profiles.
He said with this extension can not dispose of creditors and seizure of Iraqi money, but this does not mean that the case will continue indefinitely and we have to think carefully about how to solve these complex problems?.
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29/05/2011
During the celebration of 70 anniversary of establishment of Bank of Iraq
Zia Alckheon:new facilities for journalists and media
Baghdad Yasser incumbent
Detect and Minister of Finance.
Rafie al-Issawi said the ministry had approved the price of oil, $ 85 for the purposes of the budget year 2012 and on the basis of export 2.5 million barrels a day.
This came during a ceremony sponsored by the Rafidain the 70 anniversary of its foundation in the presence of Governor of the Central Bank.
Missions of the Ministry staff
Issawi said the ministry's intention to send missions to the United Kingdom at the expense of the ministry to raise the performance of those working in the banking sector, said: "We are now awaits the signature of the Memorandum of Understanding to this effect with the British side, pointing out that these missions aimed at raising the level of upgrading the performance of workers in the ministry.
Restructuring of the banking sector
And said: "The ministry is also seeking through the restructuring of the banking sector the government in collaboration with the World Bank and the Central Bank of Iraq to develop the banking sector to enable it to catch up with countries of the world, especially as we embark on building a large campaign.
He stressed that the restructuring at the administrative, technical, and amending legislation will be in building human capacity and enabling it to act in accordance with international accounting standards and to catch up with the nations.
Private sector support
In answering the question of the economic performance of the morning on the activation of the private banking sector Issawi said: We have had an important meeting with the departments of the banking system (government and private) and we discussed the working paper submitted by the Association of Iraqi private banks on support for private banks.
He called attention to the task of making four recommendations in this regard, the Ministry will approach the Economic Committee in the Council of Ministers for obtaining approvals regarding them.
He said the ministry's intention to support the private banking sector and be able to perform my role in economic development as a complement to the government sector to play this role.
61 billion dinars profit
Then the General Manager of Bank of Iraq Zia Alckheon speech he announced that the bank's net profits exceeded 61 billion dinars within the past four months there would be 12 billion dinars in 2010.
He said in an exclusive interview on the sidelines of economic morning celebrating the 70 anniversary of the founding of Bank of Iraq: This is done check the events within the 100 days allocated by the President of the Council of Ministers for the advancement of the Iraqi economy.
He added: As I was building 6 new branches in areas Zorbatiyah Chabaish and Haidari, Chinese, Midhtip.
He explained that the total loans granted by the Bank during the period amounted to percent on 116 billion dinars and distributed among the five thousand beneficiaries.
Completion of 70 percent Of the smart card project
As between that bank and 431 million completed a smart card to the beneficiaries, which contributed to facilitating the distribution of salaries and reducing the burden of the retired and covered by other categories in addition to 609 thousand in the bank card so good and completed 70 percent of the project.
During the ceremony which was attended by the morning to shield the bank by the Adviser to the Minister and the supervisor of Bank of Iraq, Mr. Zia Alckheon as Associates of the bank provided a shield similar to Khyoun in appreciation of his role in the development of the bank's performance.
Alckheon and received through the shield detection (morning) his intention to find a facility for journalists and media staff covered by the loans will be announced soon.
Stressed the importance of the search for alternatives to protect ..
Shabibi: last chance for the protection of Iraqi funds
Shabibi said the decision to extend protection to the Iraqi money is useful to arrange for its future status.
He said in reply to a question on economic morning on the sidelines of the celebration: This decision is the last chance and the government should do its utmost to find acceptable alternatives protectionism and the settlement of their affairs during the specified period of one year.
Shabibi pointed out that the United Nations will not go on forever to protect Iraqi funds and this requires research on how to protect post-term and requires swift action to resolve the debt profiles.
He said with this extension can not dispose of creditors and seizure of Iraqi money, but this does not mean that the case will continue indefinitely and we have to think carefully about how to solve these complex problems?.
[You must be registered and logged in to see this link.]
