13 Aug 18 PM chattels The stability of the exchange rates of
the dollar and gold in the markets of Iraq on Monday
13/08/2018
Baghdad
The exchange rate of the dollar, on Monday, the stability of
the dinar in the local currency market.
According to the figures, "the trend of selling the dollar
in Baghdad today 120 thousand dinars and the purchase price
121 thousand dinars compared to $ 100."
On the Basra Stock Exchange, the sale price today was 121
thousand and 700 dinars, and the purchase price 122 thousand
and 750 dinars for one hundred dollars.
While the price of selling the dollar on the Arbil Exchange
today 125 thousand and 250 dinars, the purchase price 125
thousand and 200 dinars compared to $ 100, while yesterday
was 125 thousand 450 dinars, and the purchase price 125
thousand and 400 dinars compared to $ 100.
http://aletejahtv.com/archives/246558
chattels The numbers are not as good as they were.
Arguably the Baghdad bourse in " compliant ", but not Basra
and Erbil.
chattels "Revealed the current national wisdom headed
by Ammar al - Hakim, on Monday, ................ the next
three days will see the introduction of new names for prime
minister."
link
chattels Ali Mohammad Al-Hussein Ali Al-Adeeb has been
mentioned recently, but he is arguably a Maliki proxy. For
more on Ali Al-Adeeb see
https://everipedia.org/wiki/Ali_al-Adeeb/
Baxter If Abadi wasnt going to be PM... why would he
have been in the U S at the UN?
chattelsIn May there was the following article with poccible
PM's ;
https://foreignpolicy.com/2018/05/15/iraqs-top-10-potential-prime-ministers/
chattels possible
chattels And, The man who may become Iraq�s next Prime
Minister
Jaafar al-Sadr is a strong candidate to take the top job,
but there are plenty of obstacles in his way
http://www.atimes.com/article/the-man-who-may-become-iraqs-next-prime-minister/
chattels Baxter Abadi heads the Iraqi Caretaker
Government as PM until replaced and he is the choice of the
U.S.
Baxter yes.. I know.... thx
chattels Iran-Iraq tensions rise as Tehran demands war
compensation
Ali Mamouri August 13, 2018
Read more:
http://www.al-monitor.com/pulse/originals/2018/08/iran-iraq-war-compensations-us-sanctions.html#ixzz5O7Ff5Kua
chattels The controversy over Iraqi acceptance of the
US sanctions and then Iran�s demands for war compensation
has divided the Iraqi street into two opposing camps.
Pro-Iranian Shiite parties and militias slammed the prime
minister for turning his back on Iran and supporting the
hostile US position against Iraq's neighbor.
The Iraqi Shiite militia Asa'ib Ahl al-Haq said in a
statement Aug. 8, "We regret the issuance of such a position
by the Iraqi prime minister, and we believe he did not need
to commit himself and oblige the Iraqi state to such a
commitment, especially as his government is working outside
its electoral period and without parliamentary cover." The
militia said, "This position is not binding to the next
government, which we hope to be based on Iraqi interests and
will take into account the sovereignty of Iraq and not be
part of the Trump administration in its reckless policies
regarding the region and the world."
Read more:
http://www.al-monitor.com/pulse/originals/2018/08/iran-iraq-war-compensations-us-sanctions.html#ixzz5O7G3Hc1d
-------------
8/1318 futuremoney heres some decent news...The
Central Bank of Iraq (CBI) has been awarded the ISO 9001:
2015 certification in the Quality Management System ( LMS
Certification ) by the British LMS Certification. This
certificate is awarded to organizations that implement
international standards and standards for TQM and
institutional development, Years, as well as the Central
Bank of Iraq is the first official institution in Iraq to
receive this certificate, and the international standard ISO
9001 is the most prevalent in the world for quality
management systems and also helps the standard institutions
to meet the demands of customers and observers Quality
management and operations management in the organization and
the development of the mechanism of business performance in
various fields. This is the most recognized certificate in
the world for quality accreditation, adopted by more than
one million institutions in 170 countries around the world
to establish special standards in quality management.
----------
13 Aug 18, 07:41 AM chattels
The Judiciary issues decisions on appeals against election
results
Editorial Date: 2018/8/12 11:25 �
http://www.alliraqnews.com/modules/news/article.php?storyid=76628
chattels Central Bank denies issuing lists to monitor
Iraqi banks
Release date: 2018/8/13 14:16 �
http://www.alliraqnews.com/modules/news/article.php?storyid=76658
The central bank sells more than 200 million dollars in
currency auction | 12/08/2018
link
" ............ An attempt to create confusion in the market
and the exchange rate ........"
chattels A large volume auction sale. The import of
which of late has arguably been to attain / maintain the "
spread " at 2%
Legal expert: The delay in the ratification of some of the
winners of the elections will not affect the convening of
the parliament session and subsequent steps
| 12/08/2018
https://www.ninanews.com/News_Details.aspx?meCVHdkgIIm8hAFiTwQChg%253d%253d
Quote - " It is noteworthy that the Board of Commissioners
of the assigned judges announced last Thursday,
corresponding to 9/8/2018 the final results of the counting
and manual counting of the centers and stations received
complaints and appeals to the provinces of Iraq and the
elections abroad.
He said he would receive appeals for the results of the
elections, starting on Sunday according to laws and
procedures."
chattels and, "the Constitution did not specify the
duration of the Federal Court to announce the results, which
lasted 5 days to announce the results of the 2014
elections."
futuremoney wow...another possible appeal??
chattels My belief is that the following timeline is
operative. We await the announcement of the ratification of
the election results by the Judiciary, which has no timeline
constitutionally, and then:
*President Fouad Masoum will call the newly-elected
parliament into session within 15 days of the announcement.
*Lawmakers will elect a parliamentary Speaker and two
deputies by an absolute majority within their first session.
*Parliament will elect a new president by a two-thirds
majority within 30 days of its first session.
*The new president will within 15 days formally task the
largest parliamentary bloc�s nominee with forming a
government.
*The prime minister-designate has 30 days to put together a
cabinet and present it to parliament for approval.
*Parliament must approve the government programme and each
individual minister in separate absolute majority votes.
If the prime minister-designate fails to put together a
governing coalition after 30 days, or if parliament rejects
the prime minister-designate�s proposed cabinet, the
president must nominate another candidate within 15 days.
-----------
12 Aug 18, 10:15 PM tman23 Albayrak, a figure seen as
his father-in-law Erdogan�s right hand on the country�s
nominally independent Central Bank, unveiled on Friday what
he a called �the New Economic Approach.�
A speech that was postponed twice and made Albayrak sweat
led to more distrust in the financial markets with the
Turkish Lira losing value against the US Dollar as he spoke
in front of a PowerPoint presentation.
At the very same moment, Trump tweeted about his
administration�s sanctions on two Turkish ministers for
their role in the continued detention of American Pastor
Andrew Brunson and new tariff rules on Ankara.
�I have just authorized a doubling of Tariffs on Steel and
Aluminum with respect to Turkey as their currency, the
Turkish Lira, slides rapidly downward against our very
strong Dollar! Aluminum will now be 20% and Steel 50%. Our
relations with Turkey are not good at this time,� Trump
posted on Twitter.
Erdogan has called the downward spiral of the Lira �economic
warfare,� summoned God for help, and urged citizens to
exchange Dollars, Euros, and Gold they have for the national
currency.
LeLe tman23 thank you.
tman23 Iraqi PM Haider al-Abadi said on Sunday that
his country's stance on the Washington sanctions against
Iran will serve no one but Iraqis.
"The Iraqi stance towards the US sanctions against Iran was
not taken incidentally or hastily, but it was taken to
maintain the interests of Iraq and the Iraqis, " Shafaq News
quoted the spokesperson for Abadi�s media office Saad al-Hadithi,
as cited by Iraqi News
mod
2018 Early AM Aug 11 chattels David M. Witty
@DavidMWitty1
Iraqi Agricultural Ministry: the amount of agricultural land
in Iraq has been reduced by 50% from last year due to water
shortage.
http://mobp.as/BFpHm
chattels Sadr bloc: Kurds can't be ignored in
negotiations, forming government By Rudaw
http://www.rudaw.net/english/kurdistan/090820181
chattels Sheikh Salah al-Obeidi, Muqtada al-Sadr's
spokesman in an exclusive interview with Rudaw says no
government could be formed without "regard to the
influential role" of the Kurds.
chattels ERBIL, Kurdistan Region � Prime Minister
Haider al-Abadi has a better record and performance and
could be part of a bigger coalition, but his predecessor
Nouri al-Maliki stands no chance, says Sheikh Salah al-Obeidi,
Muqtada al-Sadr's spokesman, adding that no government could
be formed in Baghdad without taking into account the
important position of the Kurds.
chattels "Maliki stands no chance at all to be chosen
as prime minister by us."
"There is also one thing," Sadr's spokesman continued. "The
Kurds themselves haven't yet made up their minds as to
whether they will come to Baghdad as one bloc or two in
order to present their demands to the new government.�
chattels PM Abadi's list claims conditional agreement
with Hakim, Allawi lists By Rudaw
chattels Haider al-Abadi's list met with two other
major Iraqi lists on Friday claiming they have reached an
agreement for a road map to partner with Ammar al-Hakim's
Hikma list and Ayad Allawi's Wataniya alliance.
chattels According to results from the independent
electoral body, Nasr won 42 seats, Wataniya 21, and Hikma 19
� totaling 101 seats. To form a coalition government 165
seats are needed.
Muqtada al-Sadr's Sayirun alliance won 54 seats. The
Kurdistan Democratic Party, which won six seats in Nineveh,
won 25 seats in total.
Obeidi claimed they have �great consensus� with Sayirun,
Hikma, Wataniya and the KDP. Collectively their seats would
total 161.
chattels The parties, however, have to wait for the
Federal Court to approve election results in a bid to be
able to convene the parliament and then have government
formation talks officially.
http://www.rudaw.net/english/middleeast/iraq/100820182
chattels There has been much talk of alliances that
were short lived heretofore; however, my sense is that the
foregoing alliance may prevail although i believe at some
point that other factions may join in rather than be left
out or to become the opposition.
chattels If so, and it can be done relatively quickly,
then I think it is a good thing for us and our investment
hopes.
The results announced by the Board of Commissioners in the
Electoral Commission, on Friday, that the leader of the
Sadrist movement Moqtada al-Sadr retained through the
alliance, which supports the top of the parliamentary
elections that took place on May 12 after the manual
counting of votes.
On Friday, the Independent High Electoral Commission (IHEC)
issued the results of the manual counting ordered by
parliament in June after widespread allegations of
irregularities cast a shadow over the integrity of the
electoral process.
The Commission said that the results of counting and manual
counting in 13 of Iraq's 18 governorates are identical with
the preliminary results.
Three months after the elections, winning parties are still
negotiating the formation of the next ruling coalition, with
no sign of an impending outcome.
chattels The recount did not change the initial
results significantly. Sadr kept the same 54 seats.
The Fatah alliance led by Hadi al-Amiri remained in second
place after Sadr's bloc but won an additional seat to become
48 seats, with the victory coalition headed by Prime
Minister Haider al-Abbadi in the third place with 42 seats.
http://www.alliraqnews.com/modules/news/article.php?storyid=76574
The Federal Supreme Court set the date for the commencement
of constitutional terms to form the three presidencies.
"The constitutional terms for the formation of the three
presidencies [the presidency of the parliament, the Majlis
and the Council of Ministers] begin after the announcement
of the preliminary results," a spokesman for the Federal
Court, Ayas al-Samuk, said in a statement on Friday evening.
He explained that "the stage of appeals takes up to two
weeks starting from the date of publication of the results
in the newspapers, not from the date of the official
statement as happened yesterday, where these appeals are
submitted to the Board of Commissioners and referred to the
Electoral Judicial Commission and the period is distributed
[3] To announce the objections to be resolved by the
judiciary within ten days, in accordance with Article 8 of
the law of the Independent High Electoral Commission No. 11
of 2007, and the Declaration will be in three local
newspapers in Arabic and Kurdish.
"The Commission is sending the final lists to the Federal
Supreme Court to ratify them, noting that the process of
ratification of the previous elections lasted only four
days, including two days of public holiday, there is no time
limit for the specific procedure."
"The President of the Republic [Fuad Masoum] calls for the
new Council to convene within fifteen days of ratification
and the first session is held under the chairmanship of the
oldest members and includes three procedures: 1 - to repeat
the section, 2 - the registration of entities to know the
most mass, Chairman and Vice-Chairmen of the Council. "
chattels "the President of the Republic assigns the
candidate of the parliamentary bloc the most numerous
recorded in the first meeting of the Council of
Representatives, the formation of the government within 15
days of his election, and the taxpayer to finish the
selection of cabinet cabinet and prepare his government
program and presented to the House of Representatives within
30 days of the mandate and no objection Of the
non-submission of some candidates and assigning bags by
proxy. "
http://www.alliraqnews.com/modules/news/article.php?storyid=76586
chattels I believe that the foregoing confirms my
recent statement, " I rather expect that if there is an
announcement of the recount results this week ( * announced
today ) that it will be next month before there is judicial
ratification and a first meeting of Parliament." Assuming
the two weeks for the ratification by the court, as the
article states, then Parliament has 15 days in which to
convene which puts us in about the middle of September to
accomplish the first stage of government formation.
chattels Will Iraq comply with US-imposed Iran
sanctions?
Omar al-Jaffal August 10, 2018
Read more:
http://www.al-monitor.com/pulse/originals/2018/08/iraq-iran-us-sanction.html#ixzz5NqrAFTrt
chattels In reality, Iraq is facing an impossible
dilemma. Even if a new, Iran-friendly government comes to
power, siding with Iran against implementing the sanctions
might still be the grimmer option, an outcome Iraq certainly
can�t afford in light of a complicated domestic landscape
and a popular unrest that stem from the lack of services and
overwhelming corruption.
Read more:
http://www.al-monitor.com/pulse/originals/2018/08/iraq-iran-us-sanction.html#ixzz5NqrMSeqQ
sandyf Only dinarland would make an issue out of the
word "SPECIMEN", wouldn't cross their mind that it may have
something to do with standards on the reproduction of
banknote images.
The Central Bank announced that it has received a quality
management certificate in the field of cash management.
"After two years of intensive work to achieve compliance
with ISO 9001: 2015 , the Central Bank of Iraq (CBI) has
obtained a Quality Management System (QMS) certificate in
the field of quality management, Cash management ",
and thanked all those who contributed to this achievement.
The ISO 9001 standard is the world's most widely used
standard for quality management systems. This standard
helps organizations meet customer demand and expectations
,monitor quality and manage operations, improve the
company's services, and develop business performance in
various areas.
http://economy-news.net/content.php?id=13206
sandyf Every country has legal restrictions on the
reproduction of banknote images. The counterfeiting of
currency is a
crime, and while restrictions vary from country to country,
in some countries, any reproduction of banknote images
� even for artistic or advertising uses � is strictly
forbidden. Even in countries that allow some limited use of
banknote images, there are specific rules and requirements.
This website will provide you with information about
reproducing banknote images and links to country-specific
websites for further guidance.
https://rulesforuse.org/
Reproduction in electronic media
Reproductions shall be depicted proportionally and the image
shall be larger or smaller than a genuine banknote.
Reproductions shall contain the word "SPECIMEN" in bold
lettering diagonally across the image.
https://rulesforuse.org/en/currencies/indonesian-rupiah
sandyf Here is how the new government will be formed,
according to the Iraqi constitution, which specifies a
90-day process:
*The Independent High Election Commission will announce the
election results on Monday.(Now subject to recount)
*President Fouad Masoum will call the newly-elected
parliament into session within 15 days of the announcement.
*Lawmakers will elect a parliamentary Speaker and two
deputies by an absolute majority within their first session.
*Parliament will elect a new president by a two-thirds
majority within 30 days of its first session.
*The new president will within 15 days formally task the
largest parliamentary bloc�s nominee with forming a
government.
*The prime minister-designate has 30 days to put together a
cabinet and present it to parliament for approval.
*Parliament must approve the government programme and each
individual minister in separate absolute majority votes.
If the prime minister-designate fails to put together a
governing coalition after 30 days, or if parliament rejects
the prime minister-designate�s proposed cabinet, the
president must nominate another candidate within 15 days.
https://www.reuters.com/article/us-iraq-election-factbox/factbox-how-the-new-iraqi-government-will-be-formed-idUSKCN1IE0GH
--------------
10 Aug 18, 02:40 PM Hennessy Aug 10, 2018 Nationalist
Cleric Sadr Wins Iraq Vote Recount - Nationalist Shiite
cleric Moqtada Sadr�s alliance won Iraq�s May parliamentary
election according to a manual recount, the electoral
commission said Friday, paving the way for a government to
be formed nearly three months after the vote.
Allegations of fraud prompted the supreme court to order a
partial manual recount, but Sadr�s joint list with
communists will retain all 54 seats it won to become the
biggest bloc in Iraq�s 329-seat parliament.
The only substantive change resulting from the recount will
be an extra seat for the Conquest Alliance of pro-Iranian
former paramilitary fighters at the expense of a local
Baghdad list.
The Conquest Alliance remains in second place but will have
48 seats instead of 47, Iraq�s nine-member electoral
commission said.
Other changes were confined to a handful of alterations to
the standings of candidates within party lists.
Prime Minister Haider al-Abadi�s bloc remains in third with
just 42 seats.
Hennessy After the supreme court officially announces
the final results, the outgoing president has 15 days to
convene parliament, which must then elect a new head of
state and begin the process of forming a coalition
government and settling on a new prime minister.
https://theglobepost.com/2018/08/10/sadr-wins-iraq-vote-recount/
10 Aug 18, 06:29 PM Baxter AS LAUGH-IN USED TO
SAY.......... VEEEEERRRY INTERESTING: MYSTERY DEEPENS as DOJ
& FBI 757 Jet Makes SECOND FLIGHT to Clinton�s Hometown
Little Rock;
TWO Round TRIPS in 48 Hours Loaded With Boxes & Docs
Posted on August 10, 2018
This is getting very interesting. A stealth DOJ flight into
Little Rock and then back to Virginia has gone down TWICE
this week, according to flight intel and
sources � or would have been stealth if it were up to the
mainstream media.
The DOJ/FBI 757 made an additional flights on Thursday as
well as a previous flights this week detailed below. The
plane left Virginia at 11:56 am and arrived in Little Rock
at 1:31 p.m., according to FAA records. The flight
returned to Virginia on Thursday as well at approximately 5
p.m.
Jumbo jet too.
It was reported its first flight this week was Apparently
loaded with evidence.
�Yesterday 8/8/18 The @TheJusticeDept had a Boeing 757-223
tail number N119NA in Little Rock, AR. A local radio station
reported #DOJ employees were loading boxes of documents into
the plane. Important to note @ClintonFdn located there�
This is very interesting. A stealth DOJ flight into Little
Rock and then back to Virginia � or would have been stealth
if it were up to the mainstream media.
Jumbo jet too.
Apparently loaded with evidence.
Spectra Baxter That is interesting
Baxter yep.... trump IS at work..
Baxter they must have something... it aint cheap to
fly a 757 around for sightseeing
Baxter Dont see that news on the Clinton News
Network... LOL
Spectra absolutly not .
Spectra somethings brewing
Baxter yep...
Baxteryou can bet on it
Baxter he is getting rid of the pollution in this
country...
Spectra some one has too take out the GARBAGE....AND
TRUMPS DOING IT .....
Baxter yep..and Clinton is the first bag of trash to
go
Spectra lol i will be so happy too see her actually
investigated for the many things she has done...including
suspicious murders..
Baxter bout as good as an RV to me
Spectra that have surrounded her and bill till this
day
Spectra Baxter well it will go good with a RV
Baxter spectacular
chattels " ...... steps to form a new government after
the announcement of election results showed that "the
Supreme Court must now ratify the results, then invite the
President of the Republic within fifteen days to convene the
new parliament , which elects a new presidency of him."
http://www.alsabaah.iq/ArticleShow.aspx?ID=161510
-------------
10 Aug 18, 10:34 AM chattels David M. Witty
@DavidMWitty1
Iraqi High Election Commission announces results of hand
recount of 12 May Parliamentary elections. Changes from
initial results appear minor.
http://mobp.as/xVuKm
and
Iraqi High Election Commission: the hand recount of 12 May
Parliamentary elections demonstrates the soundness of the
electronic system used in original vote count.
http://mobp.as/EYuKm
and
In Iraqi election news, after hand recount of 12 May
Parliamentary elections, Sadr's Sairoon maintains 54 seats,
PMF's Fatah now at 48 seats, & PM Abadi's Nasr with 42
seats.
http://mobp.as/0fAKm
https://twitter.com/DavidMWitty1?lang=en
chattels Foreign exchange rates today in Baghdad
10/08/2018 Baghdad / follow-up
Foreign exchange markets in Baghdad, on Friday morning,
slightly increased the dollar exchange rate against the
Iraqi dinar.
The market price in the Kifah Stock Exchange in Baghdad was
1240 dinars per dollar, ie 120 thousand and 400 dinars per
hundred dollars.
The prices of selling and buying dollars in banking
companies were:
The selling price of the dollar is 1210 dinars, ie 120
thousand and 100 dinars, for one hundred dollars.
The purchase price of the dollar is 1200 dinars, or 120
thousand dinars, for one hundred dollars.
http://aletejahtv.com/archives/245858
chattels FRIDAY AUGUST 10, 2018
Insurgency continues targeting energy infrastructure
link
Musings On Iraq Security In Iraq Aug 1-7, 2018
Violence has remained relatively constant in Iraq since
April
link
chattels Musings On Iraq Security In Iraq Aug 1-7,
2018
Violence has remained relatively constant in Iraq since
April
link
10 Aug 18, 11:25 AM chattels FRIDAY AUGUST 10, 2018
No break in south Iraq protests
Demonstrations continued for a fifth week as protesters say
demands remain unanswered. BASRA - Demonstrations continued
in Basra, Missan, and Dhi Qar provinces this week as
protesters criticized security force tactics and a slow
government response to complaints of unemployment and poor
services.
The most volatile protests took place outside the gates of
West Qurna 1 and West Qurna 2 oil fields, operated by Exxon
Mobil and Lukoil respectively, where protesters sporadically
blocked roads and prevented employees from accessing the
facility. Protesters at both fields, however, continue to
keep the lines of communications open with government
officials.
link
chattels David M. Witty @DavidMWitty1
Security expert says number of ISIS in Iraq & Syria is 4000
to 6000.
-------------
9 Aug 18, 06:16 AM chattelsUnpassed Laws:
Ramifications and Mechanisms to Expediate Their Passage in
the Next Parliamentary Round
http://www.bayancenter.org/en/2018/08/1617/
Spectra (((KURDISTAN PARLIAMENT TO ADOPT 2019 BUDGET
PROJECT AFTER FIVE YEARS)))) SULAIMANI � The Financial
Committee has begun to debate the legislation that will lay
out the Kurdistan Region�s 2019 budget.
In their first meeting, the committee members adopted
several measures related to government expenditures, monthly
oil revenues, and employment for university graduates.
If adopted by parliament, the budget legislation would be
first of its kind in five years and would represent a
collaboration with the Financial Ministry to draft the
legislative language.
The Kurdistan Region�s Financial Minister, Rebaz Hamlan,
said on August 7 that his office had transferred its report
to the Council of Ministers for review..
Instead of budgets, the KRG merely sent the parliament the
final expenditure figures for 2014, 2015 and 2016, after the
fact.
A member for the Financial Committee, Sherko Jawdat, accused
the KRG of concealing corruption and extra expenditures by
not submitting annual budgets.
�It is corruption and against law, everything must be
explained in a budget law including the debts, expenditures,
revenues, oil, natural resources, and all of the KRG
revenues,� said Jawdat.
Attempts by the Financial Ministry to prepare the budget for
2019 comes as the extended term of the current parliament
round is about to expire. A number of MPs have said that
there is not enough time for the current parliament to pass
the budget, even if it is approved by the KRG.
(NRT)
http://www.nrttv.com/En/News.aspx?id=3226&MapID=1
Whitelions Main functions of the Investment Department
https://cbi.iq/static/uploads/article-153380213162917.jpg
The Department of Investment aims to contribute to the
implementation of the policies of the Central Bank of Iraq
through the management of the official reserve of foreign
exchange of the state in accordance with international best
practices and monetary policy objectives by investing assets
in secure financial instruments and achieving acceptable
returns with the acquisition of gold (in the coffers of the
bank and outside Iraq) and support and stability of the
Iraqi currency In front of foreign currencies and through
the following tasks: -
Monitor and follow-up the assets of the Central Bank of Iraq
and its assets outside Iraq and coordination with the
central banks and financial institutions.
Trading (securities and deposits).
Execution of payment orders.
Make adjustments.
Interest expense.
Mitigating the risks to which reserves may be exposed.
Reports preparation .
Preparation of statistical statements
Management and follow-up of credits for oil.
https://cbi.iq/news/view/796
Main functions of the Banking Control Department
https://cbi.iq/static/uploads/article-15338021798538.jpp
The Banking Control Department is one of the main and
important departments in the Central Bank of Iraq. It is an
old establishment. The Central Bank is the supervisory
authority for banks and non-bank financial institutions.
Below is a brief summary of the functions of each department
and divisions of this department:
Commercial Banking Control Section : - Registration and
licensing of banks, conducting office and field audits,
developing a set of international standards for monitoring
banks, how to comply with them, developing a mechanism for
preparing instructions,
Islamic Banking Control Department : - Registration,
licensing of banks, conducting office and field audits, and
establishing a set of international standards for monitoring
banks. How to comply with them, compliance with Shari'a
supervision requirements, development of a mechanism to
prepare instructions and formulate regulations governing the
functioning of Islamic banks, and strengthen monitoring by
analyzing and evaluating periodic performance.
Credit Information and Public Protection Section : - Credit
registry operations, customer affairs and beneficiaries
include banking awareness and outreach to civil society
organizations.
Non-bank financial institutions monitoring : - Registration
and licensing of companies, carrying out desk and field
audits, developing a set of international standards for
monitoring these companies, how to comply with them,
developing a mechanism to prepare instructions and formulate
controls on the work of companies and strengthen monitoring
by analyzing and evaluating periodic performance.
Department of Banking Performance Analysis and Risk Control
: This section analyzes the performance of banks through the
audit of financial statements and the assessment of risks to
which they are exposed.
Division of Review of Foreign Currency Buying and Selling
Operations :
9 Aug 18, 08:19 AM Whitelions Operations : This Division is
responsible for monitoring banks in terms of their
compliance with and compliance with the provisions of the
sale of foreign currency whether through the window of sale
and purchase of foreign currency remittances and credits.
Information Technology Audit Division in Banks and Companies
: - Follow up and audit of electronic systems for banks and
financial companies of this department, study the reports
submitted by the international audit companies (external
auditor) contracting with banks and the control and audit of
information and communications technology and risk
management.
https://cbi.iq/news/view/795
Whitelions Finance For "Conscious": The Budget Of 2019
Focuses On Job Creation And Service Development
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Undersecretary of the Ministry of Finance Dr. Maher Hammad
Johan said Wednesday that the draft general budget for the
year 2019 focused on providing job opportunities and
developing services to citizens.
"The draft budget for 2019 will be different from its
predecessors. It focused on the services portfolio for all
provinces according to the necessary allocations and on the
provision of large-scale employment opportunities," Johann
told the Iraqi News Agency.
He added that "the volume of spending in this budget is
greater than revenues, has reached the budget to the latest
formula, which will be reviewed by the financial Thursday
for the last time to be distributed after the draft to the
presidencies, and relevant bodies such as oil ministries and
education, the World Bank and others.
The Undersecretary of the Minister of Finance, "The
harnessing of legal texts facilitates the application of
paragraphs on private sector projects, as it will accelerate
the progress in Iraq, especially as most countries expressed
their desire to enter the Iraqi market and the establishment
of projects and investment in exchange for facilitating its
work," adding that the security situation will help a lot
Successfully apply budget paragraphs.
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