Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Claims to establish an investment fund to finance infrastructure projects

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269873
    Join date : 2012-12-21
    • Post n°1

    Claims to establish an investment fund to finance infrastructure projects Empty Claims to establish an investment fund to finance infrastructure projects

    Post by Rocky Sun 07 Jan 2018, 3:06 am

    Claims to establish an investment fund to finance infrastructure projects







    Economy News Baghdad:
    The head of the Alliance for Democracy and Justice, Barham Salih, suggested Sunday that an "investment fund" be established to finance infrastructure and reconstruction projects.
    "The unity and security of Iraq and the defeat of extremism are dependent on the strengthening of the infrastructure of the association and the development of development integration between the different regions of the country and between Iraq and its regional neighborhood," Saleh said in an article published in the official newspaper Al-Sabah. Work for young people ".
    "The establishment of the investment fund and its offer to the local subscription first, where every Iraqi citizen has the right to participate, provided that the state allocates a certain percentage of oil imports (for example, 5 percent annually) to support it," Saleh said.
    He added that "Iraqi and foreign private sector companies can participate in the fund as well as international financial institutions, donor countries and sovereign funds. The fund will fund economically viable strategic infrastructure projects such as Basra port, highway network, railways, airports and irrigation projects. In the Plain of Nineveh, Germain and Erbil, land reclamation in the south, industrial cities and dams. "
    "In addition to its internal role, the fund can participate in the financing of infrastructure projects linking the countries of the region. Iraq is an important strategic axis in which the Arab world, Iran and Turkey join together, linking the economies of the Gulf and Europe, and could be the heart of the new Silk Road to the Mediterranean Sea, and Iraq is the center of energy production.
    Saleh pointed out that "similar experiences in Thailand, Vietnam and India, which attracted investment funds from sovereign funds in Japan, China and the Gulf," pointing out that "the investment fund must be a special law and be independent of the government and managed by a professional body and away from political debates And the members of its administrative body are professional candidates from the government and approved by the parliament and serve for a period of 6 years so as not to be governed by electoral considerations.
    The IMF should participate in the management of international financial institutions such as the International Monetary Fund, the World Bank and the Islamic Bank to attract foreign investment. It is also necessary for the Fund to have an accounting and financial system that is subject to financial supervision in accordance with international contexts to ensure the prevention of political interference and corruption.



    [You must be registered and logged in to see this link.]
    • Back to top
    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269873
    Join date : 2012-12-21
    • Post n°2

    Claims to establish an investment fund to finance infrastructure projects Empty Saleh proposes to establish a fund to invest in Iraq

    Post by Rocky Sun 07 Jan 2018, 3:35 am


    Saleh proposes to establish a fund to invest in Iraq

    09:29 - 07/01/2018
    [You must be registered and logged in to see this link.]


    [You must be registered and logged in to see this link.]
    Information / Baghdad ..
    The head of the Coalition for Democracy and the Kurdish political justice Barham Salih, on Sunday, proposed the establishment of an "investment fund" to finance the infrastructure projects and reconstruction of the regions, while noting that Iraq is a chance through comprehensive solutions that put things in perspective.
    "The unity and security of Iraq and the defeat of extremism are dependent on the strengthening of the infrastructure of the association and the development of development integration between the different regions of the country and between Iraq and its regional neighborhood," Saleh said in an article published by Al-Sabah newspaper. , In addition to creating jobs for young people. "
     "The establishment of the investment fund and its offer to the local subscription first, where every Iraqi citizen has the right to participate, provided that the state allocates a certain percentage of oil imports (for example, 5 percent annually) to support it," Saleh said.
    He added that "Iraqi and foreign private sector companies can participate in the fund as well as international financial institutions, donor countries and sovereign funds. The fund will fund economically viable strategic infrastructure projects such as Basra port, highway network, railways, airports and irrigation projects. In the Plain of Nineveh, Germain and Erbil, land reclamation in the south, industrial cities and dams. "
    "In addition to its internal role, the fund can participate in the financing of infrastructure projects linking the countries of the region. Iraq is an important strategic axis in which the Arab world, Iran and Turkey join together, linking the economies of the Gulf and Europe, and could be the heart of the new Silk Road to the Mediterranean Sea, and Iraq is the center of energy production.
    Saleh pointed out that "similar experiences in Thailand, Vietnam and India, which attracted investment funds from sovereign funds in Japan, China and the Gulf," pointing out that "the investment fund must be a special law and be independent of the government and managed by a professional body and away from political debates And the members of its administrative body are professional candidates from the government and approved by the parliament and serve for a period of 6 years so as not to be governed by electoral considerations.
    The IMF should participate in the management of international financial institutions such as the International Monetary Fund, the World Bank and the Islamic Bank to attract foreign investment. It is also necessary for the Fund to have an accounting and financial system that is subject to financial supervision in accordance with international contexts to ensure the prevention of political interference and corruption.
    Saleh, a former head of the Kurdistan Regional Government, said that "dealing with the Iraqi crises in part and away from the structural treatment proved its failure over the past years. Today, Iraq has an opportunity through comprehensive solutions that put things in perspective. In which the parties compete with the seriousness of the commitment to a comprehensive solution to the spiral of the Iraqi crisis, not to be a station for fragmentation and conflict perpetuate the cycle. Ending / 25

    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 11 May 2024, 10:13 am