[ltr]Specialists: Iraq possesses a strong market economy but corruption and mismanagement shackle development[/ltr]
Since 22/02/2017 16:44 pm (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]BAGHDAD - A special[/ltr]
[ltr]Still fighting against al Daesh terrorist, which is controlled only to a few parts in Iraq continues, and in exchange for the victories achieved by the Iraqi security forces in their battles against the organization, but the security situation is still bad markedly in most parts of Iraq, especially Baghdad, and increases the brunt of widespread corruption and lack of financial resources as well as poor infrastructure, which makes the possibility of international companies to come to Iraq and the introduction of funds to invest in any sector has a very difficult process, but it's not impossible.[/ltr]
[ltr]And former Minister of Communications Mohammed Allawi said that at the end of 2011 and beginning of 2012 when he was Minister for Communications came general manager of the Internet company engineer Majid Hamid proposal by the idea of creating a high-tech Smart Village in simulation Smart Village project in Egypt.[/ltr]
[ltr]He adds Allawi said: "We discussed the matter and Blorena project what could serve the situation in Iraq and provides the necessary ground to create a safe environment and infrastructure developed in Baghdad to bring investors from Arab countries and non-Arab to find a foothold in Iraq and thinking seriously to invest in Iraq in various sectors."[/ltr]
[ltr]Allawi continues talking about that village, he says, "After the departure of US troops raised the topic on the government's proposal to build a sophisticated city with infrastructure very high efficiency, as is the case in many smart cities in the world, and provide the city a global accommodation and buildings of high specifications for offices and apartments entertainment events and the restaurants and cafes and the city sports clubs and shopping malls, exhibitions and commercial banks and the city of informational and other events Games. "[/ltr]
[ltr]He added that "as the distribution of land rents global oil companies major operating in Iraq symbolic to build centers of these companies in this city instead of the current positions in the UAE and Kuwait, as well as security companies and media organizations and international companies associated with effectively targeted the airport and airlines," he said, adding that "in the case of the construction of this city Vsaqubl hundreds of international investors who are afraid of the bad security situation in Iraq and in Baghdad, where the city will be adjacent to the airport there is the traveler needs to armored cars and expensive protections expressing regret for not implementing the ECQ. "[/ltr]
[ltr]For its part, announced the Ministry of Industry and Minerals Committee on Economic Affairs endorsement of several new resolutions during a meeting held in the presence of Minister Mohammed Xiaa Sudan in order to support the national industry.[/ltr]
[ltr]He pointed out a press release that "new decisions included emphasis on the Ministry of Electricity to buy my company and ur Diyala Unit of the Ministry of Industry products and prevent the entry of shoddy with origins plastic pipes, as well as agree to cancel oblige the Ministry of Health to refer the National their need and import of chronic medicines, antibiotics and new formulations on drugs Samarra company" pointing out that "this decision will contribute to increasing the size of the contracts of ten billion dinars to one hundred and thirty-two billion dinars a year."[/ltr]
[ltr]For his part, noted economist Dr. Abdul Hussein Al-Anbuge that "there are three actions that continue it will create a strategic errors on the macroeconomic level are difficult to avoid in the future it to continue to reduce employees' salaries more than the limits reached, because there are (7 million), a person salaried four of them employees and three retirees and a network of social protection, create spending accounts for more than 80% of total demand in the economy, and to continue the reduction means continuing to create a deflationary pressures become undesirable consequences after a while. "[/ltr]
[ltr]It seems that it is wrong to continue supporting the Iraqi dinar exchange rate to remain elevated crutch (inordinate), Anbuge says, and warns that "it runs counter to the national protection product and we have a productive device rickety and inelastic needs to motivate to work and become a production competitor and not vice versa, Besides that it will make us after a while we lose most of the Iraqi Central Bank reserves. "[/ltr]
[ltr]And it refers to the importance of "the progressive reduction of the dinar exchange rate to orbit remains within certain limits and not floating, which is not up to market forces (supply and demand) in full."[/ltr]
[ltr]Anbuge concluded by saying, "It is wrong continued expansion in borrowing, whether internal or external, because we're borrowing to support the general budget and bridging the deficit, and because the budget is mostly a consumer, we borrow to consume, how can we cope with the burden of public debt in the future, knowing that the price of oil will remain low through the next three years or only a relatively improved, and the entry of distributed elements and output fell for a deflationary pressures and not to the possibility of the state to fulfill its obligations towards the accumulated contractors for projects fully completed or completion rates varying. "[/ltr]
[ltr]Here it is shown that "it would be extremely difficult marketing of domestic public debt (government bonds to the public) and keeps external borrowing conditions for prisoners and recipes can not be met in the current of our situation even if the recipes are correct and reform."[/ltr]
[ltr]In Moish that the Ministry of Industry and Minerals has accused both internal and external views "unnamed", to work on the hit local industry and waste of hard currency in order to drain the national economy.[/ltr]
[ltr]According to a ministry statement, he said that "the ministry has adopted a clear and deliberate plan to revitalize the national industries and activating local production by relying on the Iraqi cranks of benevolent and loyal to the country and people with competence and experience accumulated, efficient and skilled."[/ltr]
[ltr]He added that "the ministry is working hard to supplying the local market with all the production of a national real real can be produced to be a substitute for imported," noting "the continued attempts by some internal and external actors and malevolent and users to hit the national industry and to resort to import and dumping unjustified for the domestic market in goods and imported goods and waste of currency difficult for the purpose of draining the Iraqi economy, and keep Iraq-consuming countries, even the most basic materials, such as (prayer mat) and a bottle of water and a pen to write, and others. "[/ltr]
[ltr]Calling on companies to "the need to begin a new phase in the work to build a truly national industry as much as possible and the advancement of the status of industrial hibernate experienced by the country over the past thirteen years."[/ltr]
[ltr]He pointed to "continue a campaign slogan (Made in Iraq) and to meet the challenges and conspiracies that hinder its steps and its plans for the development of the industrial reality in the country."[/ltr]
[ltr]He called on all ministries and state institutions and citizens to "the acquisition of national products and to support the local industry and dispense foreign imported to Iraq's industry to recover, in order to thwart all plots targeting the identity and prestige of this country and trying to sabotage the economy."[/ltr]
[ltr]While others considered that Iraq's economic importance in the world for many reasons, such as the availability of natural resources, opportunities and diversity and the ability of the human, and the diversity of the community fabric, but nonetheless did not find the calendar equitable right, typically what you find in the last lists Calendar by international organizations and equals a lot of countries that do not live up to half of the human and physical abilities and Altnzimih.anthy 29 / m n h[/ltr]
[You must be registered and logged in to see this link.]
Since 22/02/2017 16:44 pm (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]BAGHDAD - A special[/ltr]
[ltr]Still fighting against al Daesh terrorist, which is controlled only to a few parts in Iraq continues, and in exchange for the victories achieved by the Iraqi security forces in their battles against the organization, but the security situation is still bad markedly in most parts of Iraq, especially Baghdad, and increases the brunt of widespread corruption and lack of financial resources as well as poor infrastructure, which makes the possibility of international companies to come to Iraq and the introduction of funds to invest in any sector has a very difficult process, but it's not impossible.[/ltr]
[ltr]And former Minister of Communications Mohammed Allawi said that at the end of 2011 and beginning of 2012 when he was Minister for Communications came general manager of the Internet company engineer Majid Hamid proposal by the idea of creating a high-tech Smart Village in simulation Smart Village project in Egypt.[/ltr]
[ltr]He adds Allawi said: "We discussed the matter and Blorena project what could serve the situation in Iraq and provides the necessary ground to create a safe environment and infrastructure developed in Baghdad to bring investors from Arab countries and non-Arab to find a foothold in Iraq and thinking seriously to invest in Iraq in various sectors."[/ltr]
[ltr]Allawi continues talking about that village, he says, "After the departure of US troops raised the topic on the government's proposal to build a sophisticated city with infrastructure very high efficiency, as is the case in many smart cities in the world, and provide the city a global accommodation and buildings of high specifications for offices and apartments entertainment events and the restaurants and cafes and the city sports clubs and shopping malls, exhibitions and commercial banks and the city of informational and other events Games. "[/ltr]
[ltr]He added that "as the distribution of land rents global oil companies major operating in Iraq symbolic to build centers of these companies in this city instead of the current positions in the UAE and Kuwait, as well as security companies and media organizations and international companies associated with effectively targeted the airport and airlines," he said, adding that "in the case of the construction of this city Vsaqubl hundreds of international investors who are afraid of the bad security situation in Iraq and in Baghdad, where the city will be adjacent to the airport there is the traveler needs to armored cars and expensive protections expressing regret for not implementing the ECQ. "[/ltr]
[ltr]For its part, announced the Ministry of Industry and Minerals Committee on Economic Affairs endorsement of several new resolutions during a meeting held in the presence of Minister Mohammed Xiaa Sudan in order to support the national industry.[/ltr]
[ltr]He pointed out a press release that "new decisions included emphasis on the Ministry of Electricity to buy my company and ur Diyala Unit of the Ministry of Industry products and prevent the entry of shoddy with origins plastic pipes, as well as agree to cancel oblige the Ministry of Health to refer the National their need and import of chronic medicines, antibiotics and new formulations on drugs Samarra company" pointing out that "this decision will contribute to increasing the size of the contracts of ten billion dinars to one hundred and thirty-two billion dinars a year."[/ltr]
[ltr]For his part, noted economist Dr. Abdul Hussein Al-Anbuge that "there are three actions that continue it will create a strategic errors on the macroeconomic level are difficult to avoid in the future it to continue to reduce employees' salaries more than the limits reached, because there are (7 million), a person salaried four of them employees and three retirees and a network of social protection, create spending accounts for more than 80% of total demand in the economy, and to continue the reduction means continuing to create a deflationary pressures become undesirable consequences after a while. "[/ltr]
[ltr]It seems that it is wrong to continue supporting the Iraqi dinar exchange rate to remain elevated crutch (inordinate), Anbuge says, and warns that "it runs counter to the national protection product and we have a productive device rickety and inelastic needs to motivate to work and become a production competitor and not vice versa, Besides that it will make us after a while we lose most of the Iraqi Central Bank reserves. "[/ltr]
[ltr]And it refers to the importance of "the progressive reduction of the dinar exchange rate to orbit remains within certain limits and not floating, which is not up to market forces (supply and demand) in full."[/ltr]
[ltr]Anbuge concluded by saying, "It is wrong continued expansion in borrowing, whether internal or external, because we're borrowing to support the general budget and bridging the deficit, and because the budget is mostly a consumer, we borrow to consume, how can we cope with the burden of public debt in the future, knowing that the price of oil will remain low through the next three years or only a relatively improved, and the entry of distributed elements and output fell for a deflationary pressures and not to the possibility of the state to fulfill its obligations towards the accumulated contractors for projects fully completed or completion rates varying. "[/ltr]
[ltr]Here it is shown that "it would be extremely difficult marketing of domestic public debt (government bonds to the public) and keeps external borrowing conditions for prisoners and recipes can not be met in the current of our situation even if the recipes are correct and reform."[/ltr]
[ltr]In Moish that the Ministry of Industry and Minerals has accused both internal and external views "unnamed", to work on the hit local industry and waste of hard currency in order to drain the national economy.[/ltr]
[ltr]According to a ministry statement, he said that "the ministry has adopted a clear and deliberate plan to revitalize the national industries and activating local production by relying on the Iraqi cranks of benevolent and loyal to the country and people with competence and experience accumulated, efficient and skilled."[/ltr]
[ltr]He added that "the ministry is working hard to supplying the local market with all the production of a national real real can be produced to be a substitute for imported," noting "the continued attempts by some internal and external actors and malevolent and users to hit the national industry and to resort to import and dumping unjustified for the domestic market in goods and imported goods and waste of currency difficult for the purpose of draining the Iraqi economy, and keep Iraq-consuming countries, even the most basic materials, such as (prayer mat) and a bottle of water and a pen to write, and others. "[/ltr]
[ltr]Calling on companies to "the need to begin a new phase in the work to build a truly national industry as much as possible and the advancement of the status of industrial hibernate experienced by the country over the past thirteen years."[/ltr]
[ltr]He pointed to "continue a campaign slogan (Made in Iraq) and to meet the challenges and conspiracies that hinder its steps and its plans for the development of the industrial reality in the country."[/ltr]
[ltr]He called on all ministries and state institutions and citizens to "the acquisition of national products and to support the local industry and dispense foreign imported to Iraq's industry to recover, in order to thwart all plots targeting the identity and prestige of this country and trying to sabotage the economy."[/ltr]
[ltr]While others considered that Iraq's economic importance in the world for many reasons, such as the availability of natural resources, opportunities and diversity and the ability of the human, and the diversity of the community fabric, but nonetheless did not find the calendar equitable right, typically what you find in the last lists Calendar by international organizations and equals a lot of countries that do not live up to half of the human and physical abilities and Altnzimih.anthy 29 / m n h[/ltr]
[You must be registered and logged in to see this link.]
Today at 7:20 am by Rocky
» Did Barzani agree in Tehran to end the presence of Iranian groups in Kurdistan? - urgent
Today at 7:16 am by Rocky
» Al-Sudani: We are establishing a new situation for the global energy market through the Development
Today at 7:14 am by Rocky
» Al-Sudani: The government program devoted a wide scope to the government’s vision for oil and gas in
Today at 7:11 am by Rocky
» Al-Awadi: Ending the work of the UNAMI mission is consistent with the government’s vision in this fi
Today at 7:10 am by Rocky
» utube 5/9/24 MM&C 0:02 / 46:46 PM - Al-Sudani - Golden Opportunity - Private Sector - Contra
Today at 5:34 am by Rocky
» utube MM&C 5/11/24 Iraqi Dinar - IQD Update - International - IraqTiming - 2024 Budget Schedule - Sp
Today at 5:32 am by Rocky
» MM&C Floating the dinar" returns to the forefront.. Will the Central Bank of Iraq resort to it and w
Today at 5:24 am by Rocky
» The Secretary of the Ministry of Defense meets with the Commander of the NATO mission
Today at 5:17 am by Rocky
» Expert: The stability of the economy is linked to the political situation
Today at 5:13 am by Rocky
» A parliamentary request to lift the injustice against 20,000 Iraqi employees
Today at 5:09 am by Rocky
» Parliamentary Finance criticizes the government's failure to send the budget schedules
Today at 5:08 am by Rocky
» Minister of Oil: The 5th and 6th licensing rounds will take place within the framework of exploratio
Today at 5:07 am by Rocky
» Al-Sudani: Iraq is a difficult number in the global market in the field of energy
Today at 5:06 am by Rocky
» Al-Khanjar rejects Al-Halbousi’s request to head Parliament
Today at 5:05 am by Rocky
» Revealing the date of the arrival of the 2024 budget schedules
Today at 5:04 am by Rocky
» Al-Halbousi nominates Talal Al-Zubaie for presidency of the House of Representatives
Today at 5:03 am by Rocky
» "A coup in Iraqi universities"... Replacement of presidents and deans under the new education law
Today at 5:01 am by Rocky
» Al-Sudani: Iraq is a difficult number in the equation of energy and oil wealth in the region and the
Today at 5:00 am by Rocky
» Minister of Oil: We hope to announce an increase in Iraq’s oil reserves to 160 billion barrels
Today at 4:58 am by Rocky
» Iraq's mass graves...stories that did not end with the burial of their owners, and the "legacy of IS
Today at 4:57 am by Rocky
» Pictures: New licenses in Iraq to extract “huge” quantities of oil and gas
Today at 4:56 am by Rocky
» Transport reopens the Baghdad - Samarra railway line
Today at 4:55 am by Rocky
» Al-Awadi: A government decision to provide sovereign guarantees and guarantees to encourage the inve
Today at 4:54 am by Rocky
» Oil clarifies the mechanism for investing grant funds and licensing contracts
Today at 4:51 am by Rocky
» A $700 million agreement is signed between Iraq and Italy to finance these projects
Today at 4:50 am by Rocky
» Iraq recovers 90 billion dinars from social protection violators
Today at 4:49 am by Rocky
» Sudanese officially launches the two licensing rounds and sets the date for stopping gas burning
Today at 4:48 am by Rocky
» An economic vision for the standard of competition for exploratory plots in Iraq
Today at 4:47 am by Rocky
» The Iraqi Islamic Bank announces an increase in its capital to 300 billion dinars
Today at 4:46 am by Rocky
» A communication from the Ministry of Health to the Ministry of Interior in Kurdistan regarding “herb
Today at 4:44 am by Rocky
» Popular agreement to end the “cancer towers” crisis in the oldest villages of Diyala.. Document
Today at 4:42 am by Rocky
» What is the reason for OPEC's decision to stop publishing its estimates of the volume of global dema
Today at 4:41 am by Rocky
» It includes 29 projects in 12 governorates.. Launching the fifth supplementary licensing round and t
Today at 4:40 am by Rocky
» Among them are 8 Chinese companies...an economic view of the criteria for competition over explorato
Today at 4:38 am by Rocky
» Sudanese: Gas burning will stop within 3-5 years
Today at 4:38 am by Rocky
» With the extension of its legislative term.. Will the Iraqi parliament succeed in resolving the budg
Today at 4:36 am by Rocky
» Al-Sudani's angry message to Guterres: We do not need UNAMI.. Describe your belongings and leave
Today at 4:35 am by Rocky
» As a result of corruption charges... Parliamentary signatures were collected to dismiss the director
Today at 4:33 am by Rocky
» 13 countries are competing for 29 fields, and Anbar and Muthanna have the lion’s share... Details of
Today at 4:30 am by Rocky
» Ending the international coalition’s mission...negotiations may take more time
Today at 4:29 am by Rocky
» Oil reveals a mechanism to support services and establish infrastructure projects in the producing g
Today at 4:27 am by Rocky
» Al-Hakim: The future cannot be mortgaged to volatile oil prices
Today at 4:26 am by Rocky
» The New Generation Movement files a lawsuit to dissolve the regional government: It is unable to mak
Today at 4:24 am by Rocky
» Al-Sudani: The government program devoted a wide scope to the government’s vision for oil and gas in
Today at 4:23 am by Rocky
» Al-Rafidain: Loans for purchasing residential units start from 5 to 150 million
Today at 4:21 am by Rocky
» Iraq launches a new licensing round to develop oil and gas fields
Today at 4:20 am by Rocky
» Signing an agreement between Iraq and Italy to finance industrial projects worth $700 million
Today at 4:19 am by Rocky
» Minister of Oil: Soon we will announce the increase in Iraq’s oil reserves to 160 billion barrels
Today at 4:18 am by Rocky
» The Chinese company ZPEC wins the investment in the East Baghdad field - the northern extensions
Today at 4:17 am by Rocky
» utube 5/9/24 Iraqi Dinar | Ali Alaq Announced New Rate Finally Showing New Rate On Tv Screen | Din
Yesterday at 4:55 pm by Rocky
» A leader in the National Bank: We are committed to the federal decision and to postpone the election
Yesterday at 9:28 am by Rocky
» Al-Hakim: Iraq's future cannot be mortgaged to volatile oil prices
Yesterday at 9:24 am by Rocky
» The conflict of the corridors: the path to development from a historical perspective and the door to
Yesterday at 9:22 am by Rocky
» The Kurdistan Region demands that the federal government spend 1.1 billion dinars.. What is the reas
Yesterday at 9:21 am by Rocky
» Tomorrow, Iraq is preparing to launch a complementary round of gas licensing
Yesterday at 9:19 am by Rocky
» A government move to restore the funds of the Trade Bank of Iraq
Yesterday at 9:17 am by Rocky
» The Central Bank informs France of plans to restructure the banking sector
Yesterday at 9:15 am by Rocky
» A government advisor reveals the fate of the budget tables
Yesterday at 9:13 am by Rocky
» Iranian mediation between Baghdad and Erbil... Revealing the most prominent files of Raisi’s visit t
Yesterday at 9:10 am by Rocky
» Reconstruction and development is a priority.. A parliamentary committee follows up and monitors gov
Yesterday at 9:08 am by Rocky
» Al-Hakim comments on the agreements concluded with Türkiye and confirms: Iraq is on the right path
Yesterday at 9:06 am by Rocky
» Tomorrow... Iraq takes a step that will give it gas equivalent to 200% of imported Iranian gas
Yesterday at 9:04 am by Rocky
» A long and disturbing message.. The Iraqi government “blames” the United Nations because of “other p
Yesterday at 9:00 am by Rocky
» The Governor of the Central Bank and the French Ambassador discuss developments in the banking secto
Yesterday at 5:18 am by Rocky
» Al-Bajari: Iraqi companies will have a great opportunity to work after opening the door to investmen
Yesterday at 5:16 am by Rocky
» Transparency: Imports from Sulaymaniyah and Halabja during the past week amounted to more than 10 bi
Yesterday at 5:13 am by Rocky
» Al-Sudani: The delayed projects left great damage to the level of services in Babylon
Yesterday at 5:12 am by Rocky
» Economist: The fluctuation of the dollar is “the balance of speculators”
Yesterday at 5:10 am by Rocky
» {Al-Furat News} publishes the text of Al-Sudani’s request to Guterres to end UNAMI’s work in Iraq
Yesterday at 5:08 am by Rocky
» A former MP accuses Türkiye of transferring its conflict with the workers to Iraq
Yesterday at 5:05 am by Rocky
» A call to the Sudanese to remove American forces from Iraq
Yesterday at 5:03 am by Rocky
» Oil Parliament: Ankara holds Erbil responsible for the oil fines it owes
Yesterday at 5:02 am by Rocky
» The government is silent...the reality of removing American forces from Iraq
Yesterday at 5:01 am by Rocky
» The radiation protection law in the first session of the next legislative term
Yesterday at 5:00 am by Rocky
» A Spanish company raises controversy and a representative reveals a parliamentary movement against i
Yesterday at 4:59 am by Rocky
» Sudanese officially requests the end of the United Nations mission in Iraq / documents
Yesterday at 4:58 am by Rocky
» Because its sessions were not held, the Kirkuk Council faces a judicial complaint, and its members d
Yesterday at 4:56 am by Rocky
» Former US Chief of Staff: We slaughtered huge numbers of innocent people in Iraq and other countries
Yesterday at 4:55 am by Rocky
» The Association of Private Banks counts the percentage of shares traded on the stock market during a
Yesterday at 4:53 am by Rocky
» The European Union and Iraq agree to increase cooperation between them
Yesterday at 4:52 am by Rocky
» American Bank: Expectations to increase Iraq’s oil capacity in 2025
Yesterday at 4:50 am by Rocky
» Central Bank Governor to the French Ambassador: The plan to restructure government banks will change
Yesterday at 4:48 am by Rocky
» Integrity confirms working to conclude a memorandum of understanding with the Kuwaiti Anti-Corruptio
Yesterday at 4:47 am by Rocky
» Highlights of the Prime Minister's visit to Babylon
Yesterday at 4:46 am by Rocky
» The Minister of Transport discusses with a Turkish delegation the latest developments in the develop
Yesterday at 4:44 am by Rocky
» Free of charge.. Issuing approximately 13 thousand unified cards for those covered by social protect
Yesterday at 4:42 am by Rocky
» A parliamentary committee advises the government to deter trespassers: Slums are one of the reasons
Yesterday at 4:41 am by Rocky
» Embassy Protection confirms to “Baghdad Today”: The missions are safe and we have taken proactive me
Yesterday at 4:38 am by Rocky
» Water resources resolve the controversy of the “Wadi Al-Tea” project.. It will nourish the Hamrin ic
Yesterday at 4:37 am by Rocky
» After approving the National Security Strategy...a parliamentary movement to host “responsible” figu
Yesterday at 4:36 am by Rocky
» Al-Hakim calls for the distribution of plots of land to the families of the martyrs of the Popular M
Yesterday at 4:34 am by Rocky
» Order 160 Committee completes the “port scandals” papers... and searches for a legal outlet for impl
Yesterday at 4:33 am by Rocky
» It revealed the details of its contract with four companies to complete the census requirements... P
Yesterday at 4:31 am by Rocky
» Egypt, Morocco and Qatar praise the Iraqi Integrity proposal to establish the Arab Law Enforcement C
Yesterday at 4:30 am by Rocky
» The Iraqi Parliament enters its legislative recess and requires holding an “extraordinary” session o
Yesterday at 4:28 am by Rocky
» The Sudanese has not rested since the morning.. He carried out 12 activities and allocated a trillio
Yesterday at 4:27 am by Rocky
» Blinken's agent: Erbil is a strategic ally of Washington in a 360-degree relationship
Yesterday at 4:25 am by Rocky
» Oil seeks to convert refinery products to “Euro 5”... high quality and environmentally friendly
Yesterday at 4:24 am by Rocky