The appearance of Mohammed Saleh: No problem in the contract to pay forward

The appearance of Mohammed Saleh: No problem in the contract to pay forward



05/04/2017 0:00

Baghdad / Alaa al-Tai
Said the appearance of Mohammed Saleh, an economic adviser to Prime Minister Haider al-Abadi, it is not a problem to contract payment forward with investing companies, noting that the amounts for the projects payment on credit value across the provinces so far amounted to $ 5 billion, while the report of the Network "CNBC" American concluded that confidence Fitch made by the international Foundation for the credit rating of the Iraqi economy last month, which will have a positive impact on investment in Iraq.
Saleh pointed out in a statement to local media , including the "morning", said that "one of the means contained in the budget law the right of implementation of projects to pay on credit , " asserting that "payment projects on credit are projects of vital and prejudice in the lives of citizens , such as the implementation of hospitals and stations of water projects" .
Saleh added that " the amount of payment on credit projects have been initiated in the implementation generality of the provinces with investment companies, amounted to $ 5 billion, equivalent to 5 trillion Iraqi dinars."
Economic Advisor to the Prime Minister pointed out that " the Iraqi market is a free market, but it does not mean freedom of ownership," pointing out that the dollar is witnessing an offer and demand substantially the Iraqi Central Bank , the dollar is pumped dramatically in the Iraqi market in order to reduce any problem with the dollar and the stability of its price . "
in the same context, the report of the network" CNBC "American concluded that the confidence expressed by Fitch international Foundation for the credit rating of the Iraqi economy last month , which will have a positive impact on investment in Iraq.
She wrote the network in a report that Fitch gave Iraq rating" + B "with a positive outlook for the future J believes that it will be stable, although it is fighting a war against al Daesh terrorist, indicating that Fitch placed Iraq at the level of "+ B" due to political risks and instability caused by conflicts going through.
But it pointed out that the positive for the development of Iraq 's future outlook will be have a positive impact among investors who fear pumping their money.
he said the financial expert Stephen Simonis: Iraq can raise growth rates, thanks to its oil reserves and other sectors that can be relied
upon.

[You must be registered and logged in to see this link.]