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


    Mobilize international support Iraq's economy

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269703
    Join date : 2012-12-21
    • Post n°1

    Mobilize international support Iraq's economy Empty Mobilize international support Iraq's economy

    Post by Rocky Sat 18 Oct 2014, 6:01 pm

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




    10/19/2014 0:00

    A contingency plan for the provinces facing security problems

    Baghdad morning Mustafa al-Hashemi

    Iraq enjoys international attention for his support in the face of economic challenges, where it represents the declaration of UNDP United Nations to the idea of holding an international conference aimed at mobilizing international economic Iraq to compensate for the damages caused to the grave by the result of the security situation.

    In this regard, said a spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi: UNDP UN asked several days ago, the idea of launching a conference to gather international crowd along the lines of the Madrid Conference in 2004 for the purpose of supporting Iraq in the economic side, along the lines of international crowd supporting him politically and security, pointing that such a conference would help Iraq to face the economic challenges and overcome them.

    He said in a statement (morning) that the Ministry of Planning supports these efforts to be considered regarding the aspect of development for that if such a conference, it will give an additional incentive to the economy of Iraq, adding that UNDP United Nations has not yet determined a date for the holding of such a conference, expressing hope to be held at the earliest.

    In turn, pointed out the economic d. Raed Fahmi to the importance of UNDP United Nations which adopted the idea of the call to mobilize international support for Iraq economically in these circumstances by saying that this call comes in a difficult situation and the significant challenges facing Iraq in the forefront of the attack, which represents schemes "Daash" they have caused major crimes He stopped the wheel of development in a number of provinces.

    Promised Fahmi told (morning) This call it comes as part of the obligations of the international community its commitment to provide global support for Iraq for his support in the face of international terrorism, which Ejodah.mhira that the phase of the country require the presence of this support which will help one way or another the elimination of terrorism .obin the necessity of holding this conference coincided with the economic conditions of the pressure on the Iraqi situation, including the decline in oil prices and higher expenses related to military operations and the disruption of economic activities in the areas ravaged by the organization "Daash" the security situation and the repercussions on the overall economic life.

    And the IMF report, which predicted a contraction in the economy of Iraq, said al-Hindawi within the five-year plan for the years 2013-2017 was forecast for annual growth in Iraq beyond the 10 percent to 12 percent, but given the circumstances experienced by Iraq since the beginning of this year, in addition to stop or retreat production in certain governorates are therefore affect growth rates, contrary to what is Mkhtt.ofatt that the IMF report came a large part of the logical and realistic, adding only that the report was prepared in real time as well as having a high probability of the return of normal life to the provinces troubled sooner than went to him Altgarir.ocd Hindawi continuation of the ministry to implement a contingency plan for the provinces that have faced security problems after the stabilization of the situation which is divided into two parts the first with the development of projects and the other terms of compensation for those affected by the security situation.

    The reports issued by organizations and economic institutions on Iraq as a measure of investors and foreign companies, but it may not be the precise extent that it can be relied upon because of the absence of the credit rating of Iraq from international rating agencies known.

    In this aspect, Hindawi said: that Iraq's access to the credit rating gives a more accurate reports issued by international economic institutions instead of adopting from other sources, pointing to the need for Iraq on the credit rating as soon as possible is what gives an incentive for local banks opening up more to their global counterparts.

    The credit rating agencies of the three, the Standard & Poor's, Moody's and Fitch and general risk assessment relating to religion versions for both corporations or governments. The ability of the source to meet the payment of debt interest and premiums incurred by him the most important indicator of creditworthiness upon which to build classifications by these agencies.

    And knows the credit rating GCR, an acronym for (global credit rating) as a measure to assess the possibility of the borrower to meet its obligations in the face of lenders, or in other words, the risk of non-payment of the lender (the source of the bond) to meet its obligations (the value of the loan and interest) to the borrower (bondholder).

    In turn, pointed out the economic d. Raed Fahmi to the importance of UNDP United Nations, who embrace the idea of the call to mobilize international support for Iraq economically in these circumstances by saying that this call comes in a difficult situation and the significant challenges facing Iraq in the forefront of the attack, which represents schemes Daash they have caused major crimes and stop the wheel of development in a number of Mahafezat.uad Fahmi told (morning) This invitation comes as part of the obligations of the international community its commitment to provide global support for Iraq for his support in the face of international terrorism, which Ejodah.mhira that the phase of the country require the presence of this support, which will help in or another on the Elimination of terrorism.

    And the need to expedite the convening of this conference coincided with the economic conditions of the pressure on the Iraqi situation, including the decline in oil prices and higher expenses related to military operations and the disruption of economic activities in the areas ravaged by organizing Daash the security situation and the repercussions on the overall economic life.

    [You must be registered and logged in to see this link.]
    --
    • Back to top
      Current date/time is Wed 08 May 2024, 12:37 pm