Baghdad Secretary Saber Al Issawi announced, on Thursday, that Baghdad Secretariat’s share in 2012’s budget isn’t at the level of ambitions arguing that these allocations are half Basra’s budget this year. During past years, Baghdad Secretariat has been financing its projects from extra …
Central Bank of Iraq announced, on Thursday, that it revaluated Iraqi Dinar 3.4% in exchange with Dollar. This decision will affect the exchange rate of Iraqi Dinar against US dollar in Iraqi markets, Central Bank stressed.
“During his daily auction of foreign currencies’ exchange, Central …
Central Bank of Iraq (CBI) announced on Thursday that, for the first time in Iraqi history, its foreign currency reserves increased to 60 billion dollars. The bank can curb inflation in the event it reaches two decimal ranks, CBI revealed considering that current levels of inflation don’t raise …
Iraqi Parliament Speaker Osama Al Nujaifi criticized, on Monday, the financial budget of 2012 for it lacks services related projects. The budget witnessed an increase in operating costs at the expense of investment costs, Nujaifi pointed up.
“Federal budget of 2012 was characterized by an …
Iraqi embassy in the US announced, on Tuesday, that the trade exchange rate between Iraq and the US is estimated at around 15 billion Dollars per year. Iraqi Prime Minister Nuri Al Maliki, who is currently in Washington, will participate in the Chamber of Commerce seminar in the presence of more …
Iraq Ministry of Oil stressed on Monday that Basra gas project will provide Iraq with 31.157 billion dollars as direct income, and pointed that its project to produce more than 3 million barrels per day and to export 2.6 million thereof in the upcoming period was completed.
Basra gas project in …
Iraqi Prime Minister Nuri Al Maliki announced on Wednesday, that 2012 monetary budget will be referred to the parliament soon. Many countries agreed upon executing projects according to a deferred payment plan, Maliki revealed calling provinces to invest in private as well as foreign …
Iraq is expected to compete with both Iran and Russia in natural gas market in Turkey and Europe thanks to its geographic location and equipment prices, oil and gas experts said on Sunday.
“The European Union has real interests in Iraq’s Kurdistan region. Kurdistan’s biggest opportunities …
On Sunday, Central Bank of Iraq revealed, its willingness to intervene to curb inflation in the event it reaches two decimal ranks. It is necessary to review the general budget’s operating expenses, Central bank called, noting that many expenses in the operational budget are inaccurate.
“For …
Iraq Midland Refineries Company, affiliated to Iraq Ministry of oil announced readiness to provide citizens with white oil portions during winter season adding that modern measuring instruments will be used in order to avoid cheating in regards of portions.
“The cadres of the Ministry and of the …