BAGHDAD / Aswat al-Iraq: Iraq’s Prime Minister Nouri al-Maliki has said on that American Companies have no control on Iraqi Oil, rejecting the description of Iraq as a “cake,” shared by different forces inside and outside the country.   “American companies have no control over Iraq’s Oil,” Maliki said in an interview with al-Arabiya TV Satellite Channel, adding that “the licensing…

BAGHDAD / Aswat al-Iraq: The Special Budget for Iraq’s Para-Olympic Committee for the year 2012 will be no less than 10 billion Iraqi dinars, according to a statement by the Committee’s Chairman, Qahtan Tayih al-Nueimy.   “The Para-Olympic Committee has presented a demand, calling for the approval of the budget, we had suggested to exceed 10 billion dinars for the year…

Iraq Bought 35% More Rice From Local Producers in 2011-12 Season   Iraq’s trade ministry bought 35 percent more rice from local producers in the last season, compared with the previous one, according to Hassan Ibrahim, director general of Iraq’s Grain Board.   The ministry purchased 112,000 metric tons of rice from local producers in the 2011-12 season, up from 83,000…

(Ahlul Bayt News Agency) – The majority of merchants and businessmen in the Shiite holy cities of Najaf and Karbala have decided to cease dealing with the Iranian currency of Tuman, due to what they described as loss of half its value, compared to the Iraqi dinar, according to exchange dealers in both cities.   “The value of the Iranian Tuman…

WASSIT / Aswat al-Iraq: The Iraqi minister of reconstruction and housing laid down the cornerstone for a housing complex north of the province with a total cost of 70 billion dinars.   Assistant governor for technical affairs Sabeeh Lafta told Aswat al-Iraq that the complex shall be erected in Suwaira area, 135 km north of Kut.   He added that the…

Granting the Agricultural Bank in Wasit province, and within the agricultural initiative approved by the Council of Ministers loans to farmers amounted to more than 6 billion dinars over the last period.   The director of the bank Muhammad Khader said, “Angels Agricultural Bank in Wasit was able to complete 919 special treatment loans agriculture within the agricultural initiative launched by…

Said Finance Committee Chairman Parliamentary Haider al-Abadi said the budget year 2012 was 117 trillion Iraqi dinars and will take account of increased pensions and the provision of employment opportunities through government employment and increase covered by a network of social welfare.   Abbadi said in a press statement that “the financial allocations for this will be through transfers between chapters…

Ministry of Health decided to build 18 hospitals in all provinces, two billion dollar world-class.   Inspector General in the Ministry Adel Muhsin said the ministry has developed a high-level plan to address the imbalance in the needs of provincial hospitals and distributed in different parts of those provinces, adding that the ministry is working to address shortage in the area…

The Commission on Economic Affairs in the cabinet allow the import of fruits that are not produced in Iraq. Came in a statement issued by the Office of the Deputy Prime Minister for Economic Affairs, Rose Nuri Shaways in which he stated that the committee decided to approve the import of fruit that are not produced in Iraq, such as bananas,…

Baghdad, distanced the Central Bank of himself from the imbalance that has occurred in the mobility of the local currency on the rates rise and fall in the exchange rate, indicating that the intervention in the exchange rate of the dinar is part of creating a situation of trust in local currency, at the time described economists is that the correct…