Highlights/Thoughts
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1. A joint US-Iraq committee for the Economy and Energy met on Sunday
2. The Minister of Trade and the Deputy Treasury Secretary headed the meetings
3. There were 5 working groups: public financial management, trade and investment, oil and energy, electricity, industry and private sector development
4. The joint committees continued its joint meetings to enable a real strategic partnership that will build a vibrant Iraq economy
5. It will also implement modern economic policies to integrate Iraq's economy with the international economy and markets
6. Iraq's Minister of Trade stressed the seriousness of their government in enabling investments in their economic sector by undertaking administrative reforms, decreeing new laws, and facilitating investors
7. They discussed the movement of the businessmen and investors developing and enhancing Iraqi's banking systems to enable banks to provide advanced banking services
8. They discussed the DFI successor arrangements and the requirements that should be in place for Iraq to join the WTO
This blog is all about the rumored revaluation of the Iraqi dinar, or the rumored reinstatement of the Iraqi dinar. If you have interesting intel, rumors, or news that you want to share, please feel free. I welcome all views.
I get information from news sites, dinar chat sites, and directly from friends in Skype and Yahoo IMs. I intend to only post important things--not everything. I'll do my best to post unique tidbits you may not find in other sites. Enjoy and follow me!!!
Monday, February 14, 2011
2-14-11 Issawi and Deputy U.S. Treasury Secretary discuss the reform of the financial system of Iraq
Highlights/Thoughts
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1. The Research and Finance Minister met with the Deputy US Treasury Secretary
2. He said that they will not need to reform the Iraqi financial system
3. Instead, they discussed the need for a mechanism of action to set the country in the right direction
4. The discussions involved addressing what was needed to encourage the private sector in Iraq in order to advance the economy and investment in the country
Click on the title of this posting to get the details of this article
1. The Research and Finance Minister met with the Deputy US Treasury Secretary
2. He said that they will not need to reform the Iraqi financial system
3. Instead, they discussed the need for a mechanism of action to set the country in the right direction
4. The discussions involved addressing what was needed to encourage the private sector in Iraq in order to advance the economy and investment in the country
2-14-11 Frank26/Delta from yesterday
Highlights/Thoughts
PLEASE DO NOT READ THIS IF YOU DO NOT WISH TO READ RUMORS
Delta report
1. Maliki gave 8 of the 9 ministers to the GOI
2. TV said this gave the GOI confidence
3. Maliki asked for 48 hours on TV
4. TV said MOF is studying the budget and wants it done by the 15th. Could take longer
5. Frank/Delta have said this will be done between the 13th and 15th back in January
6. TV said that the UST arrived to meet with Shabibi to discuss: 1.) Iraq bank reforms, which Delta thinks is done; 2.) How to bring investors to Iraq (contracts are due to be canceled); 3.) IQD monetary policies(first time Delta has seen this on TV)
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This is for You Family……..Delta Iraqi TV Report Sunday 13th 2011. Before I start…………I know what other sites are saying and I………….Could care less. With that said……..Here goes. M gave 8 or 9 minister to the GOI today. TV said it gave the GOI confidence. (IMO......not to do a conf vote against him) BUT M did NOT turn in the same three that have been missing. They mentioned the three ministers …………Then M came on TV and said to give him 48 hours. (what did we say about a complete GOI….13th to the 15th……When did we say this…last week of January.) TV said MoF is studying the budget/audit and wants it all done by Tuesday the 15th. BUT ALSO said if it takes longer ……….Then it will. This is the part I was looking for Family…TV said UST ( 6 of them ) and deputy advisors arrived to meet with DR SHABIBI and Vice P. M. today to discuss three topics. 1.) Iraq bank reforms. (IMO…….Done)2.) How to bring investors to Iraq. (due to cancel contracts) 3.) IQD monetary policies. ( FIRST TIME I HAVE SEEN THIS IN IRAQ W
PLEASE DO NOT READ THIS IF YOU DO NOT WISH TO READ RUMORS
Delta report
1. Maliki gave 8 of the 9 ministers to the GOI
2. TV said this gave the GOI confidence
3. Maliki asked for 48 hours on TV
4. TV said MOF is studying the budget and wants it done by the 15th. Could take longer
5. Frank/Delta have said this will be done between the 13th and 15th back in January
6. TV said that the UST arrived to meet with Shabibi to discuss: 1.) Iraq bank reforms, which Delta thinks is done; 2.) How to bring investors to Iraq (contracts are due to be canceled); 3.) IQD monetary policies(first time Delta has seen this on TV)
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This is for You Family……..Delta Iraqi TV Report Sunday 13th 2011. Before I start…………I know what other sites are saying and I………….Could care less. With that said……..Here goes. M gave 8 or 9 minister to the GOI today. TV said it gave the GOI confidence. (IMO......not to do a conf vote against him) BUT M did NOT turn in the same three that have been missing. They mentioned the three ministers …………Then M came on TV and said to give him 48 hours. (what did we say about a complete GOI….13th to the 15th……When did we say this…last week of January.) TV said MoF is studying the budget/audit and wants it all done by Tuesday the 15th. BUT ALSO said if it takes longer ……….Then it will. This is the part I was looking for Family…TV said UST ( 6 of them ) and deputy advisors arrived to meet with DR SHABIBI and Vice P. M. today to discuss three topics. 1.) Iraq bank reforms. (IMO…….Done)2.) How to bring investors to Iraq. (due to cancel contracts) 3.) IQD monetary policies. ( FIRST TIME I HAVE SEEN THIS IN IRAQ W
2-14-11 Rep. Ashwaq dry site Fayhaa TV: all the differences over the 2011 budget have been resolved and approve as soon as
Highlights/Thoughts
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1. An MP from the Kurdistan Alliance said that all the disputes relating to the budget have been resolved and that the House would continue to read the budget
2. She hinted the budget would be approved soon
Click on the title of this posting to get the details of this article
1. An MP from the Kurdistan Alliance said that all the disputes relating to the budget have been resolved and that the House would continue to read the budget
2. She hinted the budget would be approved soon
2-14-11 The Iraqi List, describes a meeting of its leader, al-Maliki as positive
Highlights/Thoughts
Click on the title of this posting to get the details of this posting on TCN
1. The List described the meeting with Maliki as positive and stressed that both sides discussed all the topics agreed upon in Irbil/Arbil/Erbil (this city has many different spellings...just wanted to point this out to sort out the confusion)
2. The meeting between Allawi and Maliki took place yesterday evening
3. Both sides also discussed the security ministries
Please note that Allawi and Maliki were scheduled to meet in the evening yesterday, but news came out saying that Allawi left unexpectedly to meet with Barzani. This news obviously contradicts yesterday's news saying they did not meet. Just goes to show that you can't always rely on news just as you can't always rely on rumors.
Click on the title of this posting to get the details of this posting on TCN
1. The List described the meeting with Maliki as positive and stressed that both sides discussed all the topics agreed upon in Irbil/Arbil/Erbil (this city has many different spellings...just wanted to point this out to sort out the confusion)
2. The meeting between Allawi and Maliki took place yesterday evening
3. Both sides also discussed the security ministries
Please note that Allawi and Maliki were scheduled to meet in the evening yesterday, but news came out saying that Allawi left unexpectedly to meet with Barzani. This news obviously contradicts yesterday's news saying they did not meet. Just goes to show that you can't always rely on news just as you can't always rely on rumors.
2-14-11 Iraqi List confirms parliament postponed due to differences regarding vote on deputies
Highlights/Thoughts
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1. The List said a number of members of Parliament did not attend today's meeting because of opposition to the vote on the issue of the VPs of the Republic
2. The Deputy said there are talks outside the Parliament to reach a compromise
3. Today's agenda included the first reading to amend the draft Law on Election of one or more VPs, discussing the report of the Commission on Human Rights on the formation of the UN High Commissioner for Human Rights, 2nd reading of the draft law of the Federal Court, and the continuing discussion of the budget
4. Today's meeting is postponed until Wednesday
Click on the title of this posting to get the details of this article
1. The List said a number of members of Parliament did not attend today's meeting because of opposition to the vote on the issue of the VPs of the Republic
2. The Deputy said there are talks outside the Parliament to reach a compromise
3. Today's agenda included the first reading to amend the draft Law on Election of one or more VPs, discussing the report of the Commission on Human Rights on the formation of the UN High Commissioner for Human Rights, 2nd reading of the draft law of the Federal Court, and the continuing discussion of the budget
4. Today's meeting is postponed until Wednesday
2-14-11 CBI auction results
Currency Auctions
Announcement No. (1835)
The latest daily currency auction was held in the Central Bank of Iraq on the 14-FEB-2011. The results were as follows:| Details | Notes |
| Number of banks | 16 |
| Auction price selling dinar / US$ | 1170 |
| Auction price buying dinar / US$ | ----- |
| Amount sold at auction price (US$) | 187,159,000 |
| Amount purchased at Auction price (US$) | ----- |
| Total offers for buying (US$) | 187,159,000 |
| Total offers for selling (US$) | ----- |
Dollar's exchange rates / in Baghdad markets
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