Population growth necessitates the establishment of Iraq's sovereign wealth fund
3/20/2017 0:00
BAGHDAD / Mustafa al-Hashemi
There is no doubt that the population growth in the country by about 3 percent a year requires the continued provision of services and the sustainability of the financial allocations from the sovereign fund for Iraq which would achieve stable future for future generations.
And "sovereign wealth fund" significant economic and financial experience that Iraq needs being waged is the best way to provide internationally recognized investment for future generations, especially as the circumstances require speed up the study of this experience and apply them in line with the reality that the country is going through.
Economic researcher and saw a sign that Iraq just need to speed up the establishment of the sovereign fund savings because this investment will be for future generations rather than the current generation.
Fund for the sovereign is to provide for the future of the country and often have a government and in the form of bonds and investments in real estate companies or banks, it is likely that this investment variations are outside the country 's borders and in particular the advanced capitalist countries if the country "fund owner" of developing countries.
Adel said in an interview with "morning" that the country 's economy Rei and unilateral funding, because of the circumstances witnessed by it need the money you contribute to the sustainability of funding for infrastructure projects through the sovereign fund , which plays a pivotal role in limiting the fallout from the decline in oil prices on the budget.
He believed that Iraq 's possession of such a fund would rule out the need for him to external borrowing and support of donor countries and international monetary institutions.
It is well known that the number of Iraq 's population is growing by about 2.6 percent a year , it means the need to increase the provision of services and increase their allocations amounts in proportion to the size of population growth over time, and here show the importance of these sovereign funds which are investment funds (investment portfolios).
The economic and academic d. Essam Mahouelle said in an interview earlier "morning" that the fund is important and necessary for Iraq and most importantly the need for managed by experts and some official agencies and foreign financial Kozara, and the Office of Financial Supervision, the central bank.
And it saw Mahouelle a number of obstacles facing the establishment of this fund, which is represented by select who will manage the fund and choose the vocabulary of securities and investments, as well as ensuring the independence of the fund and not to prejudice the money that is being invested or in direct them to some foreign investment in exchange for kickbacks.
He concluded by saying: Not all states require such funds because some economies characterized by vitality and Othob and the rush of innovation and production continuously, making it unnecessary for such funds, but this does not mean that the those states with excessive including achieve wealth , where it has a variety of methods in prop up their economies for the future.
The first of Kuwait 's sovereign wealth fund began experiment in 1953 -hsp Alansichaelubedia-.
[You must be registered and logged in to see this link.]
Today at 7:46 am by Rocky
» utube MM&C 4/28/24 Iraq Dinar - IQD - Banks - Merge Regionally - Water - Labor -Jobs - Dinar Value
Today at 7:45 am by Rocky
» Al-Sudani: The water situation in Iraq is not in the best condition.. Aboul Gheit extends an invitat
Today at 7:34 am by Rocky
» The Sudanese advisor explains... Has the 2024 budget entered into force?
Today at 7:23 am by Rocky
» The Iraqi Central Bank announces the strengthening of banks’ external accounts by $260 million
Today at 7:21 am by Rocky
» Economist: The path of development is the first gateway to sustainable economic advancement in Iraq
Today at 7:20 am by Rocky
» The green economy and diversity... major projects and challenges that will reap their fruits later -
Today at 7:16 am by Rocky
» Behind the scenes of the state administration meeting: The regional government supports Sudanese wit
Today at 7:14 am by Rocky
» The Real Estate Registry begins activating the electronic restrictions management system program
Today at 7:11 am by Rocky
» Al-Sudani confirms from Riyadh the possibility of cooperation with the German technology company (SA
Today at 7:08 am by Rocky
» On top of which is the path of development.. Al-Awadi announces the most prominent files that the Pr
Today at 6:54 am by Rocky
» The President of the Republic receives the President of the International Labor Organization
Today at 6:49 am by Rocky
» Parliamentary Finance: This week will witness funding the salaries of employees in the Kurdistan Reg
Today at 6:48 am by Rocky
» On an experimental basis... Justice announces the start of activating the electronic barriers manage
Today at 6:46 am by Rocky
» Obelisk Hour: The economic provisions in the strategic framework agreement need to be activated
Today at 6:44 am by Rocky
» Before self-sufficiency... 80 percent of citizens' need for gasoline will be met soon
Today at 6:41 am by Rocky
» A deputy reveals the features of the "five-year plan" to revive Iraqi agriculture
Today at 6:39 am by Rocky
» Deputy: We opened the Council of Ministers to decide the salary scale
Today at 6:38 am by Rocky
» Iraq doubles its investments in modern irrigation engineering by no less than 20%
Today at 6:36 am by Rocky
» Confirming to Shafaq News... The Sudanese arrives in Saudi Arabia to participate in the World Econom
Today at 6:31 am by Rocky
» Al-Sudani announces that clues have been found leading to those involved in the Kormor bombing
Today at 6:29 am by Rocky
» Special: Deconstructing the mystery of the repeated targeting of the Kormor field
Today at 6:28 am by Rocky
» Increase in foreign remittance sales at the Central Bank of Iraq
Today at 6:27 am by Rocky
» Al-Maliki: The salaries of the region’s employees are continuing, and there will be solutions to del
Today at 6:26 am by Rocky
» Minister of Resources: Iraq is one of the countries most affected by climate change
Today at 5:29 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 5:27 am by Rocky
» An Arab call to the countries neighboring Iraq regarding the share of water
Today at 5:26 am by Rocky
» IMF: Poor productivity is responsible for 50% of the decline in economic growth
Today at 5:20 am by Rocky
» The President of the Republic stresses to Barzani the importance of focusing on construction, recons
Today at 5:19 am by Rocky
» Will Iran lose the Iraqi market? 20 million dollars is threatened with loss
Today at 5:18 am by Rocky
» Parliamentary Economy: Parliament will extend the legislative term to approve the budget
Today at 5:13 am by Rocky
» The price of the dollar is close to 145 thousand dinars؛ how much is $100 worth of transactions؟
Today at 5:13 am by wciappetta
» A factory for producing electric cars
Today at 5:12 am by Rocky
» Prime Minister: We have launched strategies to improve the conditions of workers
Today at 5:10 am by Rocky
» Economic prospects from America to Türkiye
Today at 5:09 am by Rocky
» Al-Rayes: The path of development is the first gateway to sustainable economic advancement
Today at 5:08 am by Rocky
» Days after announcing the connection with Jordan, an almost complete absence of electricity in Ramad
Today at 5:06 am by Rocky
» A Kurdistan delegation meets with the Ministry of Finance in Baghdad to discuss “revenues and implem
Today at 5:05 am by Rocky
» Parliamentary Economy reviews files and the importance of Sudanese’s upcoming visit to Saudi Arabia
Today at 4:59 am by Rocky
» Al-Maliki talks about postponing the Kurdistan Parliament elections and says that salary transfers w
Today at 4:54 am by Rocky
» The President of the Republic and Barzani discuss the results of Sudanese’s visit to the United Stat
Today at 4:53 am by Rocky
» The Ministry of Finance is "dizzy"... An expert points out a "lapse" in the budget schedules: Februa
Today at 4:49 am by Rocky
» Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedul
Today at 4:43 am by Rocky
» The Iraqi dinar is recovering against the US dollar in local markets
Today at 4:42 am by Rocky
» Iraq.. The claim that OPEC’s decisions affect oil derivatives only and not crude is “inaccurate”
Today at 4:39 am by Rocky
» Al-Bawi: Erdogan failed in his promises to his people and seeks to plunge Iraq into its conflict wit
Today at 4:37 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Today at 4:36 am by Rocky
» Amnesty International criticizes Iraq's implementation of 13 death sentences
Today at 4:34 am by Rocky
» The ambassador is very angry with Parliament: The homosexuality law obstructs the government and har
Today at 4:33 am by Rocky
» Al-Mandalawi: There is no place for homosexuality in the Iraq of the prophets and saints, and that i
Today at 4:32 am by Rocky
» Al-Sudani receives the President of the University: Towards the strength and status of the Arab syst
Today at 4:31 am by Rocky
» Ayed Al-Hilali: All leaders are discussing “the finer details of Sudanese” tonight, and Barzani join
Today at 4:30 am by Rocky
» He announced the reception of offers from three alliances from international companies for the Baghd
Today at 4:28 am by Rocky
» During his meeting with the head of the Iraqi Journalists Syndicate... Al-Amiri stresses the importa
Today at 4:26 am by Rocky
» To address the dollar exchange rate... Mazhar Muhammad explains the risks of floating the Iraqi dina
Today at 4:25 am by Rocky
» During the launch of the Arab Labor Conference in its 50th session in Baghdad... Al-Sudani: We launc
Today at 4:24 am by Rocky
» Saudi Arabia announces an increase in direct flights with Iraq
Today at 4:23 am by Rocky
» Resources: Government measures have contributed to improving the water situation in Iraq
Today at 4:22 am by Rocky
» Al-Sadr: The voice of American universities calling for an end to Zionist terrorism is our voice
Today at 4:21 am by Rocky
» International organization: 50% of displaced Iraqis lack official documents
Today at 4:20 am by Rocky
» Al-Sudani: The path of development will provide many job opportunities
Today at 4:19 am by Rocky
» Parliament Finance: The necessity of converting tax and customs revenues to digital processing
Today at 4:18 am by Rocky
» Al-Sudani announces that clues have been found to uncover those involved in the Kormor bombing
Today at 4:16 am by Rocky
» The start of the work of the Fourth Baghdad International Water Conference
Today at 4:09 am by Rocky
» The Council of Ministers will suspend official working hours next Wednesday
Today at 4:07 am by Rocky
» An almost complete outage of water and electricity in western Anbar
Today at 4:06 am by Rocky
» Parliamentary expectations of extending the legislative term to approve the budget
Today at 4:00 am by Rocky
» Education: The cost of participating in the electronic school will amount to 200 thousand dinars
Today at 3:59 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 3:58 am by Rocky
» A newspaper reveals a dark world that brings together bloggers and politicians
Today at 3:57 am by Rocky
» Al-Marsoumi: The bombing of the Kormor field undermined efforts to achieve self-sufficiency in gas
Today at 3:55 am by Rocky
» utube MM&C 4/24/24 Support - USA- Turkey - Timing- Currency Value - Tabled
Yesterday at 2:18 pm by Rocky
» Parliamentary efforts to transform Iraq into a global market for transferring Internet capacities
Yesterday at 2:07 pm by Rocky
» A parliamentary committee that enriches the political forces: Stop plundering Iraq’s wealth and work
Yesterday at 1:56 pm by Rocky
» Politician: Salem Al-Issawi is the most likely to assume the presidency of Parliament
Yesterday at 1:55 pm by Rocky
» Al-Sudani: The world today is witnessing crises whose impact has been reflected in the global econo
Yesterday at 9:50 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 9:40 am by Rocky
» Among them are the Iraqis... a list of the most sought-after immigrants to America
Yesterday at 9:38 am by Rocky
» An expert talks about the "biggest barrier" and the positives of merging Iraqi and Arab banks
Yesterday at 9:29 am by Rocky
» The House of Representatives adjourns its session
Yesterday at 9:24 am by Rocky
» Parliamentary demands to expedite the legislation of the Eid al-Ghadir holiday law (documents)
Yesterday at 9:23 am by Rocky
» Parliament adds the paragraph “Electing the Speaker of the House of Representatives” to its agenda
Yesterday at 9:21 am by Rocky
» Alsumaria publishes the text of the law against prostitution and homosexuality
Yesterday at 9:20 am by Rocky
» A parliamentarian reveals the reason for the failure of the Speaker of Parliament to pass during tod
Yesterday at 9:19 am by Rocky
» Al-Sudani: The government has launched many strategies and initiatives that will improve the reality
Yesterday at 8:42 am by Rocky
» International Business: Iraq has made progress in supporting businesses through investment and priva
Yesterday at 8:33 am by Rocky
» Association of Banks: Iraq is witnessing great development in the transition to electronic governmen
Yesterday at 8:25 am by Rocky
» The House of Representatives votes to add an item to its agenda (election of the Speaker of the Hous
Yesterday at 8:22 am by Rocky
» Parliamentary integrity: Combating corruption requires parliamentary legislation
Yesterday at 8:15 am by Rocky
» Al-Karaawi: America is trying to restrict Iraq
Yesterday at 8:13 am by Rocky
» The State of Law coalition moves to form the local government in Diyala
Yesterday at 8:12 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Yesterday at 8:11 am by Rocky
» Prime Minister's Advisor: We will see the dollar fall on the black market soon
Yesterday at 8:09 am by Rocky
» The Sunni blocs are resolute. The presidency of the Council is ours, away from Al-Halbousi
Yesterday at 8:08 am by Rocky
» Al-Sudani discusses with a workers’ organization his government’s steps in this field
Yesterday at 7:58 am by Rocky
» Parliament holds its session in the presence of 170 deputies
Yesterday at 7:57 am by Rocky
» In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “i
Yesterday at 7:55 am by Rocky
» The UAE company ADNOC resorts to Iraqi oil. Find out the reasons
Yesterday at 7:53 am by Rocky
» The Iraqi Parliament votes to add an item to elect a president to its agenda
Yesterday at 7:52 am by Rocky