New hope for Iraq after years of war, Secretary-General tells Compact meeting
UN Secretary-General Ban Ki-moon addresses Iraq Compact review conference in Stockholm 29 May 2008 – Iraq is making “notable progress” in the security, political and economic fields, Secretary-General Ban Ki-moon told the annual review conference of the International Compact with Iraq today. “If I were asked to use one word to describe the situation in Iraq today, I would choose the word ‘hope,’” Mr. Ban said, speaking in Stockholm to the meeting on the Compact, the five-year plan to promote peace and development in the strife-torn country.
“There is new hope that the people and Government of Iraq are overcoming daunting challenges and working together to rebuild their country, after years of war, dictatorship and neglect,” he added, addressing an audience that included the Prime Minister of Iraq Nouri Al-Maliki.
Because of concerted efforts by the Government and others, Mr. Ban said there had been steady progress in strengthening Iraqi security forces and in curbing the activities of militias and other armed groups.
“Iraq is stepping back from the abyss that we feared most,” he added, noting that violence had retreated from the alarming levels of 2006 and early 2007. Iraq is stepping back from the abyss that we feared most Striking a note of caution, the Secretary-General said that the situation in the country remains fragile and he also stressed that it was essential to build professional security forces that are trusted by all Iraqi communities and capable of operating in a non-sectarian manner.
On the political front, Mr. Ban again noted that there is cause for hope, citing as successes several new laws introduced by the Government, including laws on justice and reconciliation, amnesty, provincial powers and the 2008 budget.
He urged Iraqi communities to work together to resolve fundamental issues that continue to divide them, including the federal structure of Iraq and the sharing of natural resources. He encouraged Iraqi leaders to finalize pending laws which he said were critical for national reconciliation, such as the draft electoral and hydrocarbon laws.
The Secretary-General described the engagement with the Awakening Councils in Iraq’s Anbar province as a fine example of building interaction with groups that are willing to renounce violence and enter into dialogue.
“Integrating them into the security forces, workforce, and political mainstream could significantly help pave the way for national reconciliation,” he said.
On the economy, Mr. Ban said the signs were also hopeful, citing estimates from the International Monetary Fund (IMF) that the economy has expanded since last year. But he added that there are still too many citizens who lack clean water and sanitation, electricity and fuel, and access to proper health care and education. He noted that there are also vast numbers of Iraqi refugees as well as hundreds of thousands of internally displaced persons (IDPs) who require urgent assistance.
Saying that he had often been reminded by his Iraqi counterparts that Iraq is not a poor country, Mr. Ban called on the Government to consider ways of spending more of its own resources to improve the lives of its people.
For its part, the Secretary-General said the United Nations remains committed to doing all it can to support the people and Government of Iraq.
News Tracker: past stories on this issue
Secretary-General departs for Sweden to attend Iraq Compact meeting
Auction Comments 29 May Demand for the dollar lower at daily auction
Baghdad - Voices of Iraq Thursday , 29 /05 /2008 Time 3:23:40
Baghdad, May 29, (VOI) - Demand for the dollar was lower in the Iraqi Central Bank's auction on Thursday, reaching $ 64.845 million compared to $ 83.980 million on Wednesday.
"The demand hit $4.395 million in cash and $60.450 million in foreign transfers outside the country, all covered by the bank at a stable exchange rate of 1,198 Iraqi dinars per dollar," according to the central bank's daily bulletin which was received by Aswat al-Iraq - Voices of Iraq - (VOI). The 13 banks that participated in the auction offered to sell $100,000, which the bank bought all at an exchange rate of 1,196 dinars per dollar. The Iraqi Central Bank runs a daily auction from Sunday to Thursday http://www.aswataliraq.info/look/english/article.tpl?IdLanguage=1&IdPublication=4&NrArticle=80745&NrIssue=2&NrSection=2
Today 29 \ 5 \ 2008 annual meeting of the Public Authority for the Iraqi Middle East Bank for Investment has been decided capitalization of profits amounting to 11 billion dinars by adding a 11 billion shares to the bank's capital to become 42 billion dinars at a rate of 35.48% free shares are distributed to shareholders
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Hey Admin, I don't think we have permissions to post articles. I'm not seeing any option to post articles on here.
Anyways, can you post IraqMediaHawk's article about the possible LOP? It was posted at 9:29am today the 29th.
New hope for Iraq after years of war, Secretary-General tells Compact meeting
UN Secretary-General Ban Ki-moon addresses Iraq Compact review conference in Stockholm
29 May 2008 – Iraq is making “notable progress” in the security, political and economic fields, Secretary-General Ban Ki-moon told the annual review conference of the International Compact with Iraq today.
“If I were asked to use one word to describe the situation in Iraq today, I would choose the word ‘hope,’” Mr. Ban said, speaking in Stockholm to the meeting on the Compact, the five-year plan to promote peace and development in the strife-torn country.
“There is new hope that the people and Government of Iraq are overcoming daunting challenges and working together to rebuild their country, after years of war, dictatorship and neglect,” he added, addressing an audience that included the Prime Minister of Iraq Nouri Al-Maliki.
Because of concerted efforts by the Government and others, Mr. Ban said there had been steady progress in strengthening Iraqi security forces and in curbing the activities of militias and other armed groups.
“Iraq is stepping back from the abyss that we feared most,” he added, noting that violence had retreated from the alarming levels of 2006 and early 2007. Iraq is stepping back from the abyss that we feared most
Striking a note of caution, the Secretary-General said that the situation in the country remains fragile and he also stressed that it was essential to build professional security forces that are trusted by all Iraqi communities and capable of operating in a non-sectarian manner.
On the political front, Mr. Ban again noted that there is cause for hope, citing as successes several new laws introduced by the Government, including laws on justice and reconciliation, amnesty, provincial powers and the 2008 budget.
He urged Iraqi communities to work together to resolve fundamental issues that continue to divide them, including the federal structure of Iraq and the sharing of natural resources. He encouraged Iraqi leaders to finalize pending laws which he said were critical for national reconciliation, such as the draft electoral and hydrocarbon laws.
The Secretary-General described the engagement with the Awakening Councils in Iraq’s Anbar province as a fine example of building interaction with groups that are willing to renounce violence and enter into dialogue.
“Integrating them into the security forces, workforce, and political mainstream could significantly help pave the way for national reconciliation,” he said.
On the economy, Mr. Ban said the signs were also hopeful, citing estimates from the International Monetary Fund (IMF) that the economy has expanded since last year. But he added that there are still too many citizens who lack clean water and sanitation, electricity and fuel, and access to proper health care and education. He noted that there are also vast numbers of Iraqi refugees as well as hundreds of thousands of internally displaced persons (IDPs) who require urgent assistance.
Saying that he had often been reminded by his Iraqi counterparts that Iraq is not a poor country, Mr. Ban called on the Government to consider ways of spending more of its own resources to improve the lives of its people.
For its part, the Secretary-General said the United Nations remains committed to doing all it can to support the people and Government of Iraq.
News Tracker: past stories on this issue
Secretary-General departs for Sweden to attend Iraq Compact meeting
Audio
http://www.un.org/apps/news/story.asp?NewsID=26836&Cr=iraq&Cr1=
Auction Comments 29 May
Demand for the dollar lower at daily auction
Baghdad - Voices of Iraq
Thursday , 29 /05 /2008 Time 3:23:40
Baghdad, May 29, (VOI) - Demand for the dollar was lower in the Iraqi Central Bank's auction on Thursday, reaching $ 64.845 million compared to $ 83.980 million on Wednesday.
"The demand hit $4.395 million in cash and $60.450 million in foreign transfers outside the country, all covered by the bank at a stable exchange rate of 1,198 Iraqi dinars per dollar," according to the central bank's daily bulletin which was received by Aswat al-Iraq - Voices of Iraq - (VOI).
The 13 banks that participated in the auction offered to sell $100,000, which the bank bought all at an exchange rate of 1,196 dinars per dollar.
The Iraqi Central Bank runs a daily auction from Sunday to Thursday
http://www.aswataliraq.info/look/english/article.tpl?IdLanguage=1&IdPublication=4&NrArticle=80745&NrIssue=2&NrSection=2
Results of MEIB's Gen Assembly meeting May / 08
Today 29 \ 5 \ 2008 annual meeting of the Public Authority for the Iraqi Middle East Bank for Investment has been decided capitalization of profits amounting to 11 billion dinars by adding a 11 billion shares to the bank's capital to become 42 billion dinars at a rate of 35.48% free shares are distributed to shareholders
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