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[size=36]The Iraqi Parliament and Economic Council discuss the challenges and pitfalls surrounding the private sector and investment[/size]
06:11 - 29/11/2018
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Baghdad - Mawazine News
Speaker of the House of Representatives Mohamed Halboussi and the President of the Iraqi Economic Council Ibrahim al-Masoudi al-Baghdadi discussed the most important challenges and pitfalls surrounding private sector investment and investment since 2003 until now.
The Information Office of the Economic Council, in a statement received / Mawazine News / a copy of it, "Halbusi, met with the President and a number of members of the Iraqi Economic Council on Wednesday, 2018/11/28 at 7 pm in his headquarters in the area of Jadiriyah," noting that " The delegation of the Iraqi Economic Council included Ibrahim al-Massoudi (al-Baghdadi), chairman of the board, Karim Nour al-Yasiri, member of the board of directors and financial secretary, Rafa Ibrahim al-Rawi, Baqer Kazim al-Mashat, members of the board of directors, Mahmoud Raouf al-Barzanji, Mohammed Hussein al-Namani, , Khalid Abdulqader Al-Azzawi, and Ghadir Mahmood Abdul Hussain Attar, and the loyalty of Baha Baqir al-Araji, and Haidar Rahim Hassan and Tut, and Sartab Nazim Agha, Saad Naji Jaafar, and Fawzi Baqir al-Araji, members of the Iraqi Economic Council. "
He congratulated the President of the Economic Council, Ibrahim al-Baghdadi, the Speaker of the House of Representatives on his "ascendancy", blessed "the arrival of young intellectuals who have experience working in the private sector where he was a member of the House until 2014 when he joined the political work and his election as a member of the House of Representatives for the previous session For Anbar province. "
The two sides discussed "the most important challenges and concerns surrounding the work of the private sector and investment since 2003 and until now, during the war on terrorism since 2005, the financial crisis and the entry of cowardly terrorism and the suffering of the private sector during the past era and still suffer."
Al-Baghdadi pointed to "the most prominent problems and obstacles to the work of the private sector," offering "many proposals and practical solutions to mitigate the effects of these problems and their implications."
For his part, Speaker of the House of Representatives, Mohamed Halboussi, that "everyone calls for the support of the private sector, but in fact there is no such support," surprising "who claims that the economic approach in Iraq transformed from the totalitarian economy to the free economy or market economy."
"The Iraqi economy is still a total economy," he said, calling on the Economic Council to "cooperate jointly to find the best ways to support investment and investors."
He stressed that "the need to ease the burden on investors, especially with regard to loans for investment projects and benefits," saying: "We support the initiative of the Central Bank to lend to investors with little interest."
He suggested that "the need to activate lending through the opening of soft credits and loans up to 85% of the value of the project after the investor spends 15% on the project, and on the project itself, and to be under documentary credits to bring production lines or machinery, Industrial ".
"The first result of this meeting was the agreement to hold an expanded meeting of the Iraqi Economic Council at the House of Representatives to discuss the pressing issues facing the private sector," the statement said.
Al-Halaboussi, Ibrahim Al-Masoudi Al-Baghdadi, entitled "Invitation from the private sector to attend this meeting to be the beginning of a brainstorming to diagnose the most important proposals required to promote the importance of this important sector and find ways to develop its capabilities to assume its national responsibility and actively contribute to moving the national economy and sustainable development" .anthy 29/6 n
Speaker of the House of Representatives Mohamed Halboussi and the President of the Iraqi Economic Council Ibrahim al-Masoudi al-Baghdadi discussed the most important challenges and pitfalls surrounding private sector investment and investment since 2003 until now.
The Information Office of the Economic Council, in a statement received / Mawazine News / a copy of it, "Halbusi, met with the President and a number of members of the Iraqi Economic Council on Wednesday, 2018/11/28 at 7 pm in his headquarters in the area of Jadiriyah," noting that " The delegation of the Iraqi Economic Council included Ibrahim al-Massoudi (al-Baghdadi), chairman of the board, Karim Nour al-Yasiri, member of the board of directors and financial secretary, Rafa Ibrahim al-Rawi, Baqer Kazim al-Mashat, members of the board of directors, Mahmoud Raouf al-Barzanji, Mohammed Hussein al-Namani, , Khalid Abdulqader Al-Azzawi, and Ghadir Mahmood Abdul Hussain Attar, and the loyalty of Baha Baqir al-Araji, and Haidar Rahim Hassan and Tut, and Sartab Nazim Agha, Saad Naji Jaafar, and Fawzi Baqir al-Araji, members of the Iraqi Economic Council. "
He congratulated the President of the Economic Council, Ibrahim al-Baghdadi, the Speaker of the House of Representatives on his "ascendancy", blessed "the arrival of young intellectuals who have experience working in the private sector where he was a member of the House until 2014 when he joined the political work and his election as a member of the House of Representatives for the previous session For Anbar province. "
The two sides discussed "the most important challenges and concerns surrounding the work of the private sector and investment since 2003 and until now, during the war on terrorism since 2005, the financial crisis and the entry of cowardly terrorism and the suffering of the private sector during the past era and still suffer."
Al-Baghdadi pointed to "the most prominent problems and obstacles to the work of the private sector," offering "many proposals and practical solutions to mitigate the effects of these problems and their implications."
For his part, Speaker of the House of Representatives, Mohamed Halboussi, that "everyone calls for the support of the private sector, but in fact there is no such support," surprising "who claims that the economic approach in Iraq transformed from the totalitarian economy to the free economy or market economy."
"The Iraqi economy is still a total economy," he said, calling on the Economic Council to "cooperate jointly to find the best ways to support investment and investors."
He stressed that "the need to ease the burden on investors, especially with regard to loans for investment projects and benefits," saying: "We support the initiative of the Central Bank to lend to investors with little interest."
He suggested that "the need to activate lending through the opening of soft credits and loans up to 85% of the value of the project after the investor spends 15% on the project, and on the project itself, and to be under documentary credits to bring production lines or machinery, Industrial ".
"The first result of this meeting was the agreement to hold an expanded meeting of the Iraqi Economic Council at the House of Representatives to discuss the pressing issues facing the private sector," the statement said.
Al-Halaboussi, Ibrahim Al-Masoudi Al-Baghdadi, entitled "Invitation from the private sector to attend this meeting to be the beginning of a brainstorming to diagnose the most important proposals required to promote the importance of this important sector and find ways to develop its capabilities to assume its national responsibility and actively contribute to moving the national economy and sustainable development" .anthy 29/6 n
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