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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

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Established in 2006 as a Community of Reality

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


    Asadi: the stalled projects touches the lives of citizens

    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19

    Asadi: the stalled projects touches the lives of citizens Empty Asadi: the stalled projects touches the lives of citizens

    Post by day dreamer Sat 15 Aug 2015, 8:59 pm

    Asadi: the stalled projects touches the lives of citizens

         

     8/16/2015 0:00


    He called for a real economic platform for the next five years
      
    BAGHDAD - Hussein al-Tamimi Tgb
     
    Economic expert Hassan al-Asadi stressed the need to develop a real economic platform for the next five years includes a realistic treatment of past mistakes, notably the installation of the identity of the Iraqi economy and working on it, and address lagging service which projects from the reality and relevance and determine the timeframe for its operation.
    He said in an interview with "morning" that stage requires a real activation of investment and work to reduce the role of the state gradually task and entrust to the private sector and support for the leadership of the country economically in the long run, pointing out the importance of a precise plan to fight financial corruption through bring efficiencies fair and the use of global expertise in
    Therefore, although the global consulting firms
     He pointed to the need to feel the topic of the continuity of development projects through loans, partly because of the most important of Iraq's ability to repay to the presence of many resources and fight resulting from development projects stop unemployment, pointing to the experiences of countries resorted to lending and was able to play its economy in a successful manner, such as Lebanon, which does not have the resources
    comparing Iraq.
    Asadi said, could create significant competition between banks that can finance projects between companies that can effect on credit for the goal of reducing the maximum benefits and take advantage of lending.
    On the subject of payment on credit urged to speed up the adoption because of all the stalled projects of interest to the lives of citizens, mostly service projects and other development projects as possible the country to promote it and this improved the standard of living of the citizen and create many job opportunities, pointing to the importance of the formation of committees fair to find out the reality of the stalled projects and re
    considered in the light of the reality of the situation and not in the light of the circumstances of the assignment.
    He said that the issue of the 5 loan trillions must include all sectors and not allocated in a detailed without the other, warning of the importance of the development of the banking system in Iraq in the public and private sectors, pointing out that the government banks rely traditional work systems, while private banks lack the capital
    adequate funds for lending, particularly to the developed world economic blocs affecting adopt lending to stimulate the economy have, where there are those who have money and Aeetmknun of investment Viugeon to deposit it in banks in exchange for the benefit of the aspect ratio and contribute to the economic development of the other.
    He stressed the importance of activating the subject of loans in the country and adoption in the activation of developmental and service projects lagging whether local loans or foreign, especially as the Investment Law No. 13 of 2010, as amended, pointed to the importance of the Iraqi investor support soft loans that is running the local manpower to suit the size of the loan
    He gets it.
    He said there was a decision to that hyphen 30 percent of investment projects possible lending by government banks, but investor who completed 60 percent of his project is not guaranteed for the loan and this needs to be reviewed, noting that the investor who spend billions of dollars to get to this ratio can lend to implement
    fully ensure the project because the land for the project, noting the importance of facilitating the lending process.
    He stressed the importance of paying income-generating sectors of the income of great importance, including projects related side entertainment and find a great turnout by the citizens, and this is what made noticeable when opening any project for tourism entertainment were shut down by Canal Street at the opening of Entertainment City, although it did not accomplish fully.
    He noted that the housing sector is important, and housing projects loans were not economically viable since they were given individually and need to costs, although the amounts are up to 35 million Iraqi dinars up to the beneficiary difficulty often, noting that in the event of investing these funds in housing projects have been Feasibility best by producing integrated residential units and services necessary as well as maintaining a design foundation of the city, and reduce corruption in the projects.


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