Chat Room – Excerpts & Highlights
Elane says to Ame():The launch of the 10 million advance, and receipt via smart card
09/27/2016 Parliamentary Integrity Commission announced that Rafidain Bank launched an advance of 10 million dinars for staff, as revealed that it will be spent through the card to the card, confirmed the transfer of some ministries loans on the Rasheed Bank.
Said committee member Turaihi flowers in a press statement, said that the new mechanism include the exchange is the advance of the employee, provided that the issuance of the smart card in a move to curb corruption operations on the one hand it ensures payment on a regular basis on the other.
Turaihi added that the ministries of health, interior and defense did not include loans Rafidain Bank, noting that the committee has discussed with the bank managers were adding those ministries at the Rasheed Bank, while Bank of Iraq will take care of the remaining ministries.
http://burathanews.com/arabic/economic/301760
rcookie says():”137″ deputy demanded to interrogate foreign and electricity ministers (Details) 27-09-2016 02:40 PM Hits: 302
Orbit News -137 student members of Parliament questioned Ibrahim al-Jaafari, Foreign Minister, and Qasim al-Fahdawi Minister of Electricity, files related to corruption and management of the ministry over the past two years.
And 65 deputies signed the request to interrogate al-Jaafari, a Shiite National Alliance leaders, who suffered over the past two years to widespread criticism, especially from the political leaders of the year, because of the positions of several linked to the war on Iraq issues.
The MP said Jamal Panthers in a press statement on Tuesday that “the House of Representatives signatures collected, today, the first step leading up to question the foreign minister in the parliament.”
According to the rules of procedure of Parliament, it is the questioning of any official in the executive branch (the government), after the submission of a request signed by more than 50 deputies in parliament.
The Panthers, that “the signatures will be submitted to the presidency of parliament, enhanced interrogation questions by the MP questioned, then the date for the questioning of foreign minister in the parliament sets presidential.”
He resigned six cabinet ministers Haider al-Abadi from office during 2016, namely: oil, interior, higher education, water resources, industry, minerals, housing and reconstruction, while parliament sacked the ministers of defense, finance, and succeeded Abadi about a month to nominate five new ministers in his government before.
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subgirl says to rcookie():Good Morning!! Look at them go!! Jaafari —-I heard that on the last call it was going to be his turn soooon! “137” deputies are going after Jaafrari! WOW and Fahdawi too… trying to rid Corruption…
subgirl says to rcookie():Great call by the way! thank you all who was on the call last week! 🙂
rcookie says():Jumaili discuss with the IFC financing of investment projects
Research and Planning Minister Salman Jumaili, Tuesday, with the Director of the International Finance Corporation of the World Bank Group’s office in Baghdad, Ziad Badr, ways of activating the partnership between the public and private sectors and the financing of investment projects.
Said a statement received “Economy News”, “Jumaili met in his office at the ministry and a delegation from the International Finance Corporation of the World Bank Group in Baghdad, Ziad Badr headed Ziad Badr director of the agency’s office in Iraq, and during the meeting to discuss the possibility of the Agency with the support of Iraq in the framework of the organization investment partnership between the public and private sectors
as well as financing the stalled projects because of the economic crisis in Iraq, especially with the dye service projects as well as working in the reconstruction of liberated areas that need a lot of strategic projects that will provide services and youth employment in the long term. ”
Jumaili said during the meeting, according to the statement “the need for Iraq to more investments, especially in the liberated areas because the economic conditions facing the country and the weakness of foreign investment require the government to go about a new investment alternative.”
“The ministry was able to complete the guide to organize the completion of projects that implement manner partnership, as well as the Council of Ministers to form a steering committee to oversee the projects carried manner partnership between the public and private sector members include representatives from the Prime Minister’s Office and the Ministries of Planning and Finance and the National Commission for Investment The international consultant and a representative of the beneficiary.
He Jumaili his desire “to enter the International Finance Corporation to set up an advisory project that aims to regulate the partnership with the private sector and the preparation of an investment file management infrastructure that performs manner participating projects as well as assist in the preparation of adaptive policies to deal with projects that need financing.”
For his part, Director of IFC’s office in Iraq Ziad Badr “organization willing to enter into a two-pronged project finance either an investment or advisory organization and partnership between the public and private sectors.”
He noted that “the institution has entered into Iraq through financing a number of projects, with an investment portfolio of about one billion seven hundred million dollars, among the projects that the Foundation contributed to the financing of Karbala Cement project at about $ 55 million and Zain $ 400 million and station Sulaymaniyah electricity at 40 million and the port of Umm Qasr in the amount of $ 120 million. ”
Badr said that “Iraq is among the 40 countries that founded the World Bank and thus being one of the founders and the first is the support and care from the bank or its institutions.”
subgirl says to DIGIman1():the newstime is at 7:30pm Est tonight here in the DU room 🙂 and a live call afterwards… 🙂
DIGIman1 says to subgirl():cool 🙂
subgirl says to DIGIman1():Don’t MISS – “DU NEWS TIME” w/HUTCH,Rcookie,and Mr White in the DU CHAT ROOM – TONIGHT-Tuesday – 27th 7:30pm EST AND a LIVE CALL following Newstime
rcookie says():Jumaili discuss with the IFC financing of investment projects
Research and Planning Minister Salman Jumaili, Tuesday, with the Director of the International Finance Corporation of the World Bank Group’s office in Baghdad, Ziad Badr, ways of activating the partnership between the public and private sectors and the financing of investment projects.
Said a statement received “Economy News”, “Jumaili met in his office at the ministry and a delegation from the International Finance Corporation of the World Bank Group in Baghdad, Ziad Badr headed Ziad Badr director of the agency’s office in Iraq,
and during the meeting to discuss the possibility of the Agency with the support of Iraq in the framework of the organization investment partnership between the public and private sectors as well as financing the stalled projects because of the economic crisis in Iraq, especially with the dye service projects as well as working in the reconstruction of liberated areas that need a lot of strategic projects that will provide services and youth employment in the long term. ”
Jumaili said during the meeting, according to the statement “the need for Iraq to more investments, especially in the liberated areas because the economic conditions facing the country and the weakness of foreign investment require the government to go about a new investment alternative.”
Read More : http://www.dinarupdates.com/showthread.php?41657-Jumaili-discuss-with-the-IFC-financing-of-investment-projects-9-27&p=162515#post162515
rcookie says():”The ministry was able to complete the guide to organize the completion of projects that implement manner partnership, as well as the Council of Ministers to form a steering committee to oversee the projects carried manner partnership between the public and private sector members include representatives from the Prime Minister’s Office and the Ministries of Planning and Finance and the National Commission for Investment The international consultant and a representative of the beneficiary.
He Jumaili his desire “to enter the International Finance Corporation to set up an advisory project that aims to regulate the partnership with the private sector and the preparation of an investment file management infrastructure that performs manner participating projects as well as assist in the preparation of adaptive policies to deal with projects that need financing.”
For his part, Director of IFC’s office in Iraq Ziad Badr “organization willing to enter into a two-pronged project finance either an investment or advisory organization and partnership between the public and private sectors.”
He noted that “the institution has entered into Iraq through financing a number of projects, with an investment portfolio of about one billion seven hundred million dollars, among the projects that the Foundation contributed to the financing of Karbala Cement project at about $ 55 million and Zain $ 400 million and station Sulaymaniyah electricity at 40 million and the port of Umm Qasr in the amount of $ 120 million. ”
Badr said that “Iraq is among the 40 countries that founded the World Bank and thus being one of the founders and the first is the support and care from the bank or its institutions.”
http://www.dinarupdates.com/showthread.php?41657-Jumaili-discuss-with-the-IFC-financing-of-investment-projects-9-27&p=162515#post162515
rcookie says():Document .. Sadr withdraw from the National Alliance and ally with Allawi (Details)
27-09-2016 03:08 PM Hits: 1166 Orbit News – Re cleric Moqtada al – Sadr on Tuesday on news that talked about the intention of the Sadrist movement to withdraw from the National Alliance and enter into an alliance with the National Coalition leader , Iyad Allawi, adding that ‘this announcement is premature. ”
Muqtada al – Sadr said in response to a question from one of his followers on (reports by the means of social communication to the intent of the Sadrist movement to withdraw from the National Alliance and enter into an alliance with the National Coalition leader Iyad Allawi), said that the ‘announcement that is premature. ”
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rcookie says():Tamimi: the inclusion of draft five-year leave in the budget of 2017
He revealed a member of the parliamentary finance committee Magda Tamimi from the inclusion of the government to the five-year leave to employees next year’s budget in 2017.
Tamimi said in a statement: “Economy News” received a copy of it, that “vacation five years for employees voted by the Council of Ministers unanimously by the project have been included to the draft budget law for next year 2017”.
She added that “the General Secretariat of the Council of Ministers is seeking to amend the Civil Service Act to include this project on a permanent basis,” indicating that “the purpose behind it is to address the sagging existing government departments and feminine work of government departments.”
She pointed to al-Tamimi, said that “the project ensures that the employee give him a vacation for those who wish for a period of five years with a salary my name completely,” pointing out that “renewed for another five years would be without a salary that pays pension benefits amounts for these years.”
The Cabinet, voted at its meeting on 6 September of this, the “grant project officer law long vacation routine which Dqgah State Consultative Council and forwarded to the House of Representatives based on the provisions of Articles 61 item first and 80 the second clause of the Constitution.”
rcookie says():Iraq needs a unified vision of the government and bankswait … Show Last update: Tuesday, September 27 2016 – 9:37Iraq needs a unified vision of the government and banks
BAGHDAD / Suha Shaykhli constitute one of the important pillars of the private banking sector in economic activity in all important countries varied activities, as is the main engines in a country like Iraq, especially in the critical period is going through, but the multiple reflections trends of financial distress influenced in the performance of banks and the economy both, despite the availability of human resources and advanced technology.
Attention banking expert Abdul Rahman al-Sheikhli Speaking »Sabah» that the decline in global oil prices and financial pressures because of the war on «Daesh», along with the pressures of the International Monetary Fund and the World Bank and the obligations dating back to before 2003 have exacerbated the severity of financial distress.
Shaykhli He pointed out that if these conditions persist, will lead to negative consequences such as the circulation of funds deficit in the banks would be reflected negatively on the funding and other economic activities, particularly in the areas of export domestic production and import, stressing that the indiscriminate importation leads to the waste of money in hard currency would be good to spend at home and replace them with local products.
Rentier economy and indicates Shaykhli that rentier economy requires speed up finding alternatives to diversify its budgetary resources which are reasonably increase tax rates so as not to put pressure on low-income people, as well as observation of customs tariff, because a lot of goods are exempt from fees and stop wastage and minimize financial and administrative corruption to develop Economy.
The difficulty of the task in front of the banking sector alone in drawing a road map to avoid the financial crisis, there were not a common constants unified economic vision with the government, adding that the economy is still without identity Oomlameh,
in addition to the financial and administrative corruption after the proceeds from the sale of oil cash blocs during 13 there has never been a year fixed budgets for the entry and exit of the money obtained was employed for the development of the productive sector, both public and private.
rcookie says():Greece amounting to Iraq in seeking to open a consulate in Erbil
Tuesday 27-09-2016 | 3:03:30 Shafaq News / The Greek government on Tuesday announced its quest to open a general consulate in Arbil, capital of the province of Kurdistan Region of Iraq.
According to a statement issued by the Information Office of the Foreign Minister Ibrahim al-Jaafari, said last met on the sidelines of the United Nations General Assembly in New York Greek Foreign Minister Nikos Kotzias.
The statement added that the two sides reviewed the progress of bilateral relations between Baghdad and Athens, and ways of enhancing them for the interest of the two friendly peoples.
The statement noted that he discussed the formation of the Commonwealth of Nations membership ancient Iraq, Greece, China, India, Iran, Egypt, Italy, Mexico, and Bolivia in order to preserve the authenticity and civilization of these countries.
For his part, he expressed his foreign minister, his desire to visit Iraq, noting that his country is seeking to open a consulate in Erbil them in support of the relations between the two countries.
DIGIman1 says to rcookie():(y) 🙂
rcookie says():AUCTIONS AT $115 MILLION……..
jtank says():WOW!!!
jtank says():been in the 130 mils for awhile–
larrykn says():gm everyone 🙂
rcookie says():Parliamentary Finance: Financial Management Law will reveal flaws in the state’s economy add a comment Editor: as Participation 3Number of Views: 1031 23:16 2016/09/25 Likes 0:BAGHDAD / tomorrow Press Parliamentary Finance Committee confirmed on Sunday that the Financial Management Law will reveal flaws in the Iraqi economy and can be processed, expecting discussed in .the next House of Representatives sessions
The committee member said Faleh electrodes in an interview for “tomorrow’s Press,” “The House of Representatives was supposed to discuss the financial management law during a session held last Thursday, but that there was a postponement,
the Committee called for”.discussion again Massari said that “the law would reveal flaws in the Iraqi economy, and how his administration is possible according to the variables of Iraq today from the financial crisis “.and the reality of a worsening securityHe predicted electrodes during his speech,
“the discussion of the law during the next “.Council of RepresentativesReferred to the Financial Management Act was passed in 2004, and its mission establish a comprehensive structure of tax policy and budget in line with the best international .practices
DIGIman1 says to larrykn():gm larry 🙂
rcookie says():THAT IS PROBABLY THE BIGGEST AND MOST IMPACTFUL LAW WE HAVE BEEN WAITING FOR……..
rcookie says():SO…WILL BE DISCUSSED IN THE NEXT HoR SESSION……
larrykn says to rcookie():which is next week right
rcookie says():6HE FLAWS THAT IT WILL REVEAL IN THE IRAQI ECONOMY…IS THE VERY REASON THE IMF HAS PUT SUCH WEIGHT ON ITS ADDRESSMENT….
rcookie says():YES…TUESDAY..
rcookie says():THE*
subgirl says to rcookie():yyyaayy!!! 🙂 that is very exciting! 🙂
rcookie says():Deputy: the zero hour for the battle to liberate Mosul have been identified with al-Abadi in Washington
By Samarra satellite channel 27/09/2016 02:28 | Number of Views: 105 font size: Decrease font Enlarge font
Deputy: the zero hour for the battle to liberate Mosul have been identified with al-Abadi in Washington
According to a member of the security and defense committee MP Abdul Aziz Hassan said that the visit of Prime Minister Haider al – Abadi to the United States was in order to resolve issues related to the date of the zero hour for the start of the battle to liberate Mosul and create own battle management requirements as well as to discuss the security coordination and military joint implementation of the security agreement signed between the two countries.
The MP said in a press statement that we as a committee Security and defense asked the Prime Minister to come to Parliament to explain the most important points that have been agreed upon with the US side during his recent visit.
And between a member of the Kurdistan Alliance , the Iraqi government is aware of the presence of hundreds of counselors, coaches and soldiers in the American Qayyarah base south of the province, pointing to the existence of a continuous cooperation and coordination with the United States , which has a fully air cover over the battle of liberation.
rcookie says():67 DEAD IN BAGHDAD BOMBINGS TODAY…..
subgirl says to rcookie():thank you rcookie for allyour news you bring!!! have a good day! 🙂
larrykn says to subgirl():Coalition forces spokesman: 3000 to 5000 ISIS fighters in Mosul now
27-09-2016 01:46 PM The Coalition spokesman, said Tuesday that ISIS is transplanting the canisters to the connector to prevent the advance of Iraqi forces, and that the contemporary setting ISIS now approximately 3000 to 5000 fighters in Mosul.
Said John Dorian in a press conference, that there would be no sharing of the ground forces in the battle of liberating Mosul.
He added that the presence of Turkish troops and their participation is up to Mosul battles Iraqi Government, that it will not enter into a new International Alliance forces to Iraq if the latter requests it.
Link http://www.dinarupdates.com/showthread.php?41658-Coalition-forces-spokesman-3000-to-5000-ISIS-fighters-in-Mosul-now
rcookie says():EVEN AT 5000 THEY ARE OUTNIMBERED OVER 5-1…CONSERVATIVELY…
larrykn says():yes I was thinking the same thing , their days are numbered
rcookie says():Kurdish lawmaker: Parliament ‘s refusal to divide the Nineveh unconstitutional decision
Politician Number of Views: 4 09/27/2016 16:00
National Center Brief / NNC – counting the MP for the Kurdistan Democratic Party, Majid Chenkali, the House ‘s decision yesterday to reject the division of the province of Nineveh as a “political decision contrary to the Constitution.”
He Chenkali in a press statement that “the Kurdistan region is the first to reject the Council of Ministers in the previous government’s decision to convert the district of Tal Afar to the province in the Nineveh Plain, but today there are the rights of the components of which is the will of the people to form their areas to the provinces, rather than parliament or any party can stand in front of them because they are who live in these areas and can not control the decisions of the House of Representatives, “he said.
“This parliamentary resolution which Dstoyh violation of articles 140 and the article on the formation regions and when he said he could not play up to any province, including Nineveh, then, is the opposition but does not want the application of Article 140 of the Constitution.”
Among Chenkali “The second issue when they talk survival administrative border means the abolition of special constitutional provision to the rights of the people of the province to form the provinces if they would desire it,” describing the parliament decision “as a political position is clear more than a legal decision, some who were deputies from Nineveh and members of the provincial council when Mosul fell to the Daesh. ”
The Kurdish lawmaker “They want to bring back the same temptations and former division to Aatachewa on such things but hard nor can one day stand before the people of the province orientations.”
The House of Representatives on Monday voted to reject the division of the province of Nineveh, and the text of the resolution stressed that “the current administrative boundaries of Nineveh province of Iraq protected the Iraqi constitution and Iraqi laws in force and any change in the legal and administrative status violates the Constitution and is null and void.”
It also says, “The Iraqi people reject through their elected representatives to exploit the presence of Daesh to achieve gains on the ground and all the opinions, attitudes and demands be discussed after the complete liberation and the return of all displaced people to their areas and according to the constitution and Iraqi laws and on everyone to unite efforts to liberate the province from terrorism Daesh and the fate of Nineveh province determined her children after liberation, according to the Constitution and the law. ”
rcookie says():SO AGAIN….CITING VIOLATION OF ARTICLE 140…WHICH HAS BEEN BROUGHT IN MANY TIMES ALONG WITH DISPUTED TERRITORIES…
rcookie says():27-09-2016 04:09 PM The stability of central bank sales of foreign currency
CBI reported sales, on Tuesday, stable in the auction for the sale of foreign currency, the sale of $ 115 million, after selling the same amount yesterday.
According to a statement of the bank, that ‘the size of the amount sold today reached 115 million, 77 thousand and $ 656, priced at 1182 dinars to the dollar exchange rate, with the participation of 31 banks and 15 financial companies transferable’.
He pointed out that ‘the amount of remittances and credits amounted to 96 million, and 197 thousand and $ 656, while the quantity sold was 18 million in cash, and 888 thousand dollars.’
The statement, that ‘the sale amounts transferred to accounts in banks abroad be priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollar. ”
rcookie says():2 STRAIGHT DAYS AT $115 MILLION…….
rcookie says():27-09-2016 04:05 PM The launch of an advance of 10 million dinars next week
The MP said the National Alliance Mona Ghorabi, Tuesday, that ‘next week will see the launch of an advance of 10 million dinars. ”
The Ghorabi in a statement that ‘the Integrity Committee in the House of Representatives, announced earlier that the staff advances worth 10 million dinars will be launched next week’, pointing out ‘that it will be spent through the card is the key card] and will transform some ministries loans on good bank’.
She added that ‘after their meeting managers Rafidain and Rasheed, said that the Integrity Committee hosted the Rafidain and Rasheed Bank managers on staff loans, in order to see a mechanism to ensure that the fight against corruption in the granting of loans,’ indicating that ‘the new mechanism to ensure non-interference by any employee where the introduction of through electronic form. ”
Ghorabi I said ‘some ministries did not include loans Rafidain Bank such as health, interior and defense, and after talking with the bank managers has been added to these ministries at the Rasheed Bank, as will ensure the Rafidain Bank, the rest of the ministries, and the possibility of the launch of the Ministry of Finance to staff advances next week and through the card Alki Card] ‘.
The Rafidain Bank announced in a previous stop an advance of 10 million dinars time due to lack of approval from the Ministry of Finance to launch.
rcookie says():SO TGE LOANS LAUNCHED THROUGH THE QI CARDS…….
larrykn says():Electricity is consistent with global institution to support and encourage those interested in investing in the distribution sector
2016/09/27 15:56 {Baghdad: Euphrates news} MEW agreed Tuesday with world Finance Corporation to invest in renewable energy {solar system} to support and encourage those interested in investing in the distribution sector.
According to a statement by the Ministry of electricity received {Euphrates news} “electricity Minister Qasim Muhammad captured suspects, met Ministry headquarters, library, a delegation representing the world Finance Corporation IFC to invest in renewable energy, {solar system} deputyminister Hamza Abdul Hadi distribution during the meeting to discuss the global financial institution enter through contact with companies in the energy field in addition to investment companies in financing simple gaseous sessions into a vehicle.
“We have also been focusing on the topic of investment in the distribution sector and the role of the Foundation in support of investors currently applicants to invest in the area of collection and maintenance and rehabilitation across Iraq, providing advisory and financial support to companies to rise to the level of performance in other countries, and referred to by the representatives of the institution through their experiences, such as Pakistan.
He continued, “it was agreed to support and encourage investors wishing to invest in the distribution sector as a basic orientation to Government in relation to the electricity sector.
Link http://www.dinarupdates.com/showthread.php?41660-Electricity-is-consistent-with-global-institution-to-support-and-encourage-those-inte
Elane says to magnetlady():” loans launched thru the Qi cards” love that
larrykn says():Baghdad hosts conference to reconstruct areas liberated from ISIS control
Sep 26, 2016
larrykn says():Representational photo. (IraqiNews.com) Baghdad – The Iraqi government organized Monday an international conference in Baghdad to reconstruct liberated areas from ISIS control in northern and western parts of the country.
57 companies represent 16 Arab and western countries participated in the conference.
Infrastructure of power stations and governmental facilities in provinces and areas that were under the control of militants suffered significant losses worth billions of dollars.
Director of Baghdad International Fairground Zainab Naser, in a press statement, explained that the conference aims to attract Arab and foreign companies to start reconstructing areas liberated from the grip of ISIS.
“Companies participating in the conference are mainly from Japan, USA, Germany, Saudi Arabia, Jordan, UAE, China, Italy, France and Lebanon,” Naser said. “The companies are specialized in reconstruction, construction materials, contracting and infrastructure-establishment,” she added.
The financial crisis exacerbated in Iraq because of the decline of oil prices in international markets and the increase of military expenditure due to the ongoing fight against ISIS terrorist group in different parts of the country.
In addition to governors of provinces included in the reconstruction plan, the United Nations Assistance Mission in Iraq (UNAMI) is also participating in the conference that will last for four days.
Iraq received two billion dollars last July in the donors’ conference held in Washington DC. The amount is dedicated for the reconstruction of areas liberated from the grip of ISIS, but estimations suggest that the extent of the damage requires much more.
Iraqi military forces backed by international coalition fight ISIS militants in several places in Iraq since the middle of 2014.
larrykn says():during the time change that is coming up mst an pst is the same, go figure lol
MrsBGG says():7:30 pm EST, 6:30 pm CST, 5:30 MST, 4:30 pm PST 😀
rcookie says():Abadi calls for reduced consumer spending to ensure the payment of salaries monthly
By Samarra satellite channel 27/09/2016 03:37 | Number of Views: 24 font size: Decrease font Enlarge font
Abadi calls for reduced consumer spending to ensure the payment of salaries monthly
They discussed the crisis cell headed by Prime Minister Haider al – Abadi morning finalization of the draft financial budget and ensure the armed forces ‘ requirements.
Information Office of the Prime Minister, said in a statement, Prime Minister Haider al – Abadi chaired a meeting of the crisis cell in the presence of a number of financial and economic advisers.
The statement added, were discussed during the meeting finalized the draft financial budget and a review of its provisions , including working to reduce consumer spending to ensure salaries and pensions and to secure the armed forces requirements and increase the production of electricity, as was discussed to increase non – oil revenues by relying on suitable for this purpose measures.
According to the statement Abadi stressed the importance of raising the performance of all state institutions efficient in light of the challenges taking place in the country and provide the required services to citizens where requires more work and procedures that put the country on the right track.
JustNTime says(9:27 AM):
They have been talking about the smart card for years and the benefits it would have this article from 2009. they talk about the addition of global coordination to the card to withdraw money from any country in the world.they were going to start this in the month of october back then.
so now we see them talking about this again around the same time of the year hopefully it will be this year they do it..:)
JustNTime says(9:41 AM):29/9/2009 General Manager of Bank of Iraq: we have issued (651, 660) A smart card
Professional staff issued a smart card (651. 660) A card during the past period for the introduction of modern technology in the work of Iraqi banks.
A media source in the Ministry of Finance’s (Agency Iraqi media / conscious) that “the General Manager of Bank of Iraq Abdul-Hussein al-Yasiri said that staff on the issuance of smart card-issuing (635. 412) A card through Bank Rivers and (624. 168) a card through a bank branch Governance, pointing out that all bank branches in Baghdad and the amount of (47) branches operating in the smart card project, as well as “on the branches of the central region.”
The source added that “Yasiri pointed out that work is underway to activate the work in provinces across Iraq, where next month will see the activation of the project (POS) which is the system under which a citizen smart card holder as well as buying and selling on the theme of remittances and savings by using the smart card, which will benefit of the Iraqi citizen. ”
————————
30 September 2009 —
Finance announces possibility of taking salaries from banking companies
Seeking to activate the use of smart card to reallocate money and deposit
BAGHDAD – Wafa Amer Ministry of Finance announced the possibility of recognizing and retirees covered by the subsidies and the salaries of social protection paid by the banking companies, the adoption of smart card starting next month, with confirmed its issuing more than 660 thousand cards through bank branches of governance and Iraq.
The general director of Bank of Iraq Abdul-Hussein al-Yasiri in a meeting yesterday with directors of bank branches in Baghdad:
The number of smart cards issued by banks and governance in Iraq across the country reached 660 thousand and 651 cards, divided by 491 thousand and 927 card issued by the Bank of Mesopotamia, in exchange for 168 thousand and 624 card by a bank governance.
and emphasized during the meeting which was attended by the “morning” that the bank is going to open branches across the country, which will be next week, opening a branch in Najaf, bringing the number of branches to 160 in Baghdad and all the provinces.
Yasiri Turning in his speech to the banking system overall, indicating that the bank is nearing completion on the completion of all phases of the program, which provides banking and financial transactions in real time with all the countries of the world, stressing that there is cooperation with 30 thousand companies are distributed
JustNTime says ():the second half of the 2009 article from above
Yasiri Turning in his speech to the banking system overall, indicating that the bank is nearing completion on the completion of all phases of the program, which provides banking and financial transactions in real time with all the countries of the world, stressing that there is cooperation with 30 thousand companies are distributed between different parts of the world, explained by saying that “whenever the expansion program will increase the number of companies that we deal with in addition to the increase in banking.
“For his part, an expert in Abu Yes Rafidain oil during the meeting that there are 255 used for the smart card, including 63 financial service, noting that the Bank seeks in each stage to activate most of these uses.
He said he will be starting from next October, the exchange offices operations salaries are paid to holders of the smart card and not to limit the banks, noting that there is coordination with all the banks in addition to the company’s global smart card to an agreement with a number of banking centers based in Baghdad, which has the potential to enable broad from paying salaries to holders of the smart card.
He said the move aims to reduce the momentum of banks during the distribution of salaries, while stressing that the bank is now considering the possibility of activation of the system Altoveran through the card so as to enable users to have withdrawn the money it needs from the salary and not the full amount and deposit the remaining balance.
He added that Abu oil are now preparing for the possibility of transferring funds between cardholders, where the card holder can transfer part of the amount to another card holder, as well as the addition of global coordination to the card with a number of companies in the world, hoping that will soon be completed of special measures so that it provides to clients of the banks who own the smart card to withdraw money from any country in the world.
Read More: http://www.dinarupdates.com/showthread.php?41633-Tuesday-September-27-2016
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