Motley Fool – Jul 9, 2013
Motley Fool – Jul 9, 2013
*Central Bank Governor promises bright future for Iraqis*
*By Adel Kadhem
Azzaman, July 9, 2013
Iraq’s financial capabilities are stronger…
*Parliamentary Finance: watching the central bank action on dollar * *
*Shammari: on the government investing the surplus cash reserve according to an economic policy well thought out…
Iraqi Kurdish opposition MPs urge President Barzani not to extend term
Mon Jul 8, 2013 7:38PM
Dale McEwan, Press TV, Arbil
Opposition MPs in Iraq’s Kurdistan Region have slammed a new bill that extends the regional president’s term by two more years. The lawmakers are calling on president Masoud Barzani to step down when his term finishes at the end of this month. Press TV’s Dale McEwan has the details in this report.
A decision to extend Iraqi Kurdish president’s term by two years has caused a lot of controversy in the Kurdistan region. Kurdistan’s two ruling parties rammed through a bill on June 30th to give President Barzani two extra years. The ruling parties introduced the bill without the required forty-eight hours notice. Kurdistan’s opposition parties have now called on President Barzani not to sign the law. They want Barzani to step down when his second term finishes at the end of this month.
President Barzani is expected to make an announcement about his presidential term. During his visit to Baghdad on Sunday, Barzani reportedly told journalists to wait for the foreseeable future to hear more about this issue. Barzani is the head of his Kurdistan Democratic Party. Even members of his party cannot confirm if Barzani knew about the law. Members of the party say the law was passed in the name of the Kurdish people.
The law to extend President Barzani’s term was passed in a majority vote by Barzani’s party and its partner ruling Patriotic Union of Kurdistan. The Patriotic Union says its leader and Iraq’s President Talabani supported the bill. Claims of bribery have now emerged, with some reports alleging that Patriotic Union members received oil bribes in return for supporting the law. MP Shavan did not confirm these claims but told Press TV there was a political agreement between the two ruling parties. MPs say they passed the bill to end the deadlock over Kurdistan’s draft constitution.
Kurdistan’s September presidential elections will be cancelled if President Barzani signs the law. There are also signs that provincial elections may be delayed again. The parliamentary elections are the only ones expected to take place. That’s left many observers questioning where exactly Kurdistan’s politics is heading.
Spokesman white bloc MP Kadhim Al Shammari said the government invest surplus cash reserves and harnessed in accordance with a well thought out economic policy.
after rid Iraq of the limitations of Chapter VII is looking forward to entering into the realm of the global economy, especially with the growing desires International seeking to double the volume of trade exchange with Iraq and this is what called االى thinking about the country’s accession to the New York Convention to encourage investment.
The future of Iraq /
special senior political sources revealed on Monday, the agreement between the region’s president, Massoud Barzani during his recent visit to Baghdad with the prime of Ministers provides for the formation of political ensures بقائهما the alliance at the head of the Authority during the next four years.
The sources close to the Iraqi List, for "the future of Iraq," on Monday, said Barzani and Maliki reached an agreement to ensure the parties’ commitment to them, to hold a political alliance in the coming period to enable them to stay in their current,
noting that "The visit of Barzani’s recent Baghdad came for this purpose and not, as was announced to discuss and follow up the agreements reached by the two sides on outstanding issues between the central government and the region. "
The source added that the rapprochement between the two sides came against the backdrop of the growing popularity opponents Barzani, who have the backing of an international and Turkish especially the movement "Goran" Islamic, as well as intercept Maliki’s allies browsing on to receive the judgment a third term.
Was the President of Kurdistan, Massoud Barzani, has arrived in Baghdad, yesterday The first Sunday, at the head of a delegation from the provincial government to discuss outstanding issues with the central government, in response to Maliki’s visit to Arbil early Almarda month and that through which the two sides reached a number of agreements and understandings after a period of estrangement and sharp differences.
– See more at: http://www.almustakbalpaper.net/news….IZRaZlR5.dpuf
Revealed to the Commission on oil and energy parliamentary Tuesday, as having four drafts of oil and gas law awaiting the arrival of a fifth to be released from mini-committee between the governments in Baghdad and Erbil, as noted that the continued dispute over the law is structured with five points, cautioned that the committee Baghdad – Erbil mini did not meet 8 months ago.
Member of the Finance Committee said Rep. najeeba Najib ‘s/JD/Tuesday: that the work of the Committee is to follow the dollar equivalent exchange rate of the Iraqi dinar, adding: we will follow the actions taken by the Central Bank, watching the exchange rate of the dollar against the Iraqi dinar.