Bullion prices table published Central golden week and raise their prices

27 February 2017

The Iraqi Central Bank, published Monday, a gold bullion prices this week, raising the price of all bullion, gold coins week display weight 15 g for sale after an interruption for a period of more than a month.

Table 5 g coin that hit 250 000 000 dinars up from last week, while the price of bullion weighs 15 g 741 000 higher seven thousand dinars.

Table explained that the price of alloy 25 GM 1.254 million dinars amounted in high 11 000, 50 g ingot price 2.511 million dinars up 22 thousand dinars.

Below is a schedule of prices of coins and gold bars for this week:


Dollar exchange rate recorded a drop in front of the Iraqi dinar


Sunday morning, down to the price of the dollar against the Iraqi dinar.

And record the market price at the Stock Exchange in Baghdad struggle at 126.5 dinars to the dollar, ie , 126 thousand and 500 dinars for one hundred dollars.

The buying and selling of the dollar in the prices of banking companies were:

sales per dollar rate by 125.5 dinars, ie 125 thousand, and 500 dinars for one hundred dollars.

The purchase price of the dollar to 125.5 dinars, 125 thousand and 500 dinars for one hundred dollars.


Nominal salary Iraqi Vice become five million dinars starting from this February
February 26, 2017

MP for the mass of the Dawa Party , Haider al – Kaabi, Sunday, for a nominal salary increase for members of the House of Representatives ,starting from the current month of February from four million to five million dinars, adding that the decision would not be retroactive.

Kaabi said, " The members of the former nominal parliament salaries were four million won increase them after a decision to amend the House members ‘ salaries , " noting that "nominal salary for members of the House of Representatives became five million to deduct 45% of the total allocation for the salary , " according to what I said Sumerian News.

He said al – Kaabi, said that " the total salary of a member of parliament later became deduction is seven million and 600 thousand dinars," noting that " the implementation of the resolution will be starting from the month of February, and will not be retroactive."

And reduce the House of Representatives in March , the last in 2016, the nominal starting from the President of the Parliament and the Presidency and even members of the Board salary as salary of the President of the Council became eight million dinars per month, up from 35 million and 6 million dinars to the Vice – President after it was 25 million dinars per month, while reduce the salary of a member of the House of Representatives from 12 million to 6 million dinars.


Parliamentary Finance would host a central bank governor


Parliamentary Finance Committee announced Saturday that it would host a Governor of the Central Bank on theKeywords that over the next few days, to see money spent on editing the liberated areas by the security forces and the expulsion of Daesh them.

Said committee member Majda al – Tamimi in a press statement that "we have not received any official letter that the Governor of the Central Bank exchange 21 billion dinars made crooked disbursement expenses of the war and the liberation areas Daesh raped her."

Tamimi added that "over the next few days will be hosting the Governor of the Central Bank to find out that information, noting that the financial parliamentary did not receive until now any documents in relation to that spent on the war with Daesh money."


Commercial layer "parasitic" I run the Americans in Iraq and the balance of the bank continues to decline

Conference of the Ministry of Commerce special trade policy and economic reform, unveiled the creation of the Americans for commercial layer "parasitic" have no history or roots originated on projects with companies operating in the US military, as well as the continuous decline of the balance of the central bank’s hard currency revealed.

The Ministry of Commerce held a conference last week that "trade policy and economic reform" with broad participation and the presence of specialists in the economy.

The Conference took summarize some of the problems faced by Iraq and the figures put forward by some of the participants are as follows:

First: the most dangerous steps Bremer in 2003, lies not only in the army and security circles solution or the Ministry of Information or the mic or the other but to cancel the foreign exchange control department at the Central Bank.

Second: The volume of Iraqi imports of consumer goods were not of any commodity where the amount of $ 410 billion through 2015, productivity.

Third: In 2015 (the year of austerity) reached the Iraqi import $ 44 billion in Iraq’s oil imports of $ 39 billion.

Fourth: Iraq, the balance of foreign currency at the central bank auction of $ 88 billion, fell to $ 49 billion

!!Fifth: It is the subsequent steps to open the door wide import is the abolition of customs tariffs and retain the 5% (if applied under the control of corruption mafias).

Sixth: The auction of the currency on the dollar from a financial exchange into a commodity bought and sold based on the price difference between the government price and the market price tool

Seventh: all the beautiful plants shifted from the labs to the stores of goods Almistodrh.

Eighth: the Americans have worked to create a parasitic business class do not have any history or roots originated on projects working with the US military companies (Bechtel, Hellbarton) this layer turned to the virus within the Iraqi market in search of rapid commercial profit, prompting mostly to imitate or use of agencies business they bring.

Ninth: What happened in 2003 is not fallen to the system but the fall of the productivity of the state government and private pillars.

Tenth: The public debt of Iraq internally and externally amounted to 110 billion dollars.

A ten: Iraqi children are born in debt $ 3000.

Twelve: the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically.

Thirteenth: Disable the Consumer Protection Act deliberately disabled because of import mess behind it mafias beneficiary if Vsvrg proceeded from its content.

Fourteenth: It is a problem of border crossings taken out of the Ministry of Interior the authority to the prime minister linked to an independent body but the procedure is not done yet because lobbies controlling the ports.

Fifteenth: the Jordanian delegation that visited Iraq, a request from Iraq for three things (Trebil, oil pipeline, an exception Jordanian goods from taxes) were them what they wanted in Iraq had no any requirment.

Sixteenth: the size of the Iraqi funds deposited to the Iraqis in Jordanian banks 15 billion JD, knowing that every dollar equivalent to 70 100 dinars, and thus the dollar amount is more than $ 21 billion.

Eighteenth: absorptive capacity of the streets of Baghdad with 200 thousand cars where there are 1,000,200 thousand cars and enters her daily 600 thousand cars from the provinces.

Nineteenth: Baghdad need to 72. Hospital while the 32 deficit is estimated at 40 hospitals.

Twenty: the inability of school buildings has risen to more than ten thousand school building.

Twenty-one: Never in Iraq has specialized trade imports (drugs) have been imported (tomato) and import licenses.

Twenty-two: hypertrophy of the state apparatus than 800 thousand employees to 4 and a half million employees.

Twenty-three: population growth in Iraq with a 3% annual increase in the sense that we are a million people a year in other words, if we achieve an economic growth rate of 3% to be the equation zero.

Twenty-four: the people of Baghdad throwing waste food enough for two and a half million people Aumia.

Twenty-five: None in Iraq any standardized data can come back to it each of them has to do with whether the government or private investor or externally and the case is vested in the jurisprudence of the ministries Foundation base.

Twenty-six: the current budget and the next operating budgets and no investment drives the economy because oil prices will remain the same.

Twenty-seven: the value of the stalled projects (structures) amounting to 206 billion dollars at the rate of more than 9,000 disabled project.

Twenty-eight: the size of losses in military equipment to the fall of Mosul, US $ 28 billion.

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