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.
[You must be registered and logged in to see this link.]
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.
[You must be registered and logged in to see this link.]
Yesterday at 3:04 pm by Rocky
» utube 5/29/24 MM&C Iraq Dinar-IQD-Update-Digitial Transformation-New Cash Denominations-IMF-Ratifi
Yesterday at 7:14 am by Rocky
» utube 5/27/24 MM&C Iraq Dinar - IQD - USD - Exchange Rate Change Inevitable - CBI Launch National
Yesterday at 7:12 am by Rocky
» MM&C 5/30/24 Association of Banks: The joint committee with the American side will begin its work ne
Yesterday at 7:11 am by Rocky
» A call to the government to initiate action to stop the domination of lands in Baghdad and the provi
Yesterday at 7:09 am by Rocky
» A parliamentary movement to resolve the “Business Intel” file
Yesterday at 7:07 am by Rocky
» The UAE imports approximately 900,000 barrels of Iraqi fuel oil
Yesterday at 7:05 am by Rocky
» China acknowledges: Iraq is our largest trading partner and must actively participate in the “Belt a
Yesterday at 7:03 am by Rocky
» Parliament recalls the importance of the recent licensing rounds: they will increase production by o
Yesterday at 7:02 am by Rocky
» Parliament: Baghdad and Najaf metro plans are useless for investors
Yesterday at 7:00 am by Rocky
» The Kurdistan Region responds to Baghdad: We are ready to negotiate to resume pumping oil through th
Yesterday at 6:59 am by Rocky
» The Central Bank of NINA: The expansion of electronic payment operations will push towards the adopt
Yesterday at 6:57 am by Rocky
» The Ministry of Foreign Affairs is discussing with the United Nations Development Program to strengt
Yesterday at 6:55 am by Rocky
» The Minister of Labor approves the designs of complementary projects to establish the Ministry’s off
Yesterday at 6:50 am by Rocky
» The Minister of Labor announces the good news of a new increase in the minimum retirement salaries f
Yesterday at 6:49 am by Rocky
» A complaint in Kirkuk about the proposal to rotate positions and the meeting of the Sudanese and the
Yesterday at 6:47 am by Rocky
» The American ambassador comments on corporate attacks: Iraq's ability to attract investments is weak
Yesterday at 6:45 am by Rocky
» An increase of one million barrels of oil and gas exploitation. Parliament outlines the importance o
Yesterday at 6:44 am by Rocky
» Al-Sudani receives Barzani and they discuss government measures in the areas of services and the eco
Yesterday at 6:41 am by Rocky
» Parliament denies disbursing sums of money to MPs entitled (Hajj Allocations)
Yesterday at 6:39 am by Rocky
» Parliamentary Finance: 16 trillion dinars from oil revenues will be added to the budget
Yesterday at 6:37 am by Rocky
» 24 GOP Governors Warn Biden Against ‘Unconstitutional’ WHO Pandemic Agreement
Yesterday at 6:33 am by Bama Diva
» Baghdad Council: Mafias took over the lands of the capital and the rest of the governorates
Yesterday at 5:24 am by Rocky
» A politician does not rule out the presence of political money in the parliamentary presidency file
Yesterday at 5:23 am by Rocky
» Waiting for the government to reveal the truth about its discussions with the Americans... patience
Yesterday at 5:21 am by Rocky
» Parliamentary services talk about disaster areas in Baghdad
Yesterday at 5:20 am by Rocky
» Al-Sudani discusses with Barzani the common files and ways to address them
Yesterday at 5:19 am by Rocky
» Kurdistan Natural Resources confirms: We are ready to visit Baghdad again to resume exporting the re
Yesterday at 5:18 am by Rocky
» Al-Araji: We are working to grant all Kurdistan’s entitlements in accordance with the constitution a
Yesterday at 5:16 am by Rocky
» A BlackRock investment fund becomes the largest Bitcoin fund in the world
Yesterday at 5:14 am by Rocky
» The British Ambassador: We have a desire to strengthen Iraq's friendship and support it in reconstru
Yesterday at 5:13 am by Rocky
» Integrity arrests an accused red-handed in practicing bargaining and bribery in exchange for issuing
Yesterday at 5:12 am by Rocky
» Reuters: High oil inventories prompt OPEC+ to maintain cuts
Yesterday at 5:10 am by Rocky
» The Minister of Transport inaugurates a new mass transit line in Baghdad
Yesterday at 5:09 am by Rocky
» Al-Sudani announces the opening and operation of 200 electrical stations throughout Iraq
Yesterday at 5:09 am by Rocky
» Oil: We seek to resume the export of Kurdistan Region oil as soon as possible
Yesterday at 5:08 am by Rocky
» Security media: There was no human or material damage in targeting “Caterpillar” and “Cambridge” in
Yesterday at 5:07 am by Rocky
» Billion dollars in debt to oil companies in Kurdistan.. “They are clear about the conditions”
Yesterday at 5:06 am by Rocky
» Parliament Finance talks about the budget deficit: We will adopt this mechanism to fill it
Yesterday at 5:05 am by Rocky
» Determining the date for work on the electronic housing card project in Iraq
Yesterday at 5:04 am by Rocky
» Agreement to hold a session of the Kirkuk Provincial Council
Yesterday at 5:02 am by Rocky
» Migration of the file for the election of the Speaker of Parliament
Yesterday at 5:00 am by Rocky
» European Union: We look forward to increasing cooperation with Iraq
Yesterday at 4:59 am by Rocky
» Transportation works to expand ports and increase their depths
Yesterday at 4:58 am by Rocky
» The environment clears large areas of mines in the liberated governorates
Yesterday at 4:57 am by Rocky
» An investment contract to develop the Al-Tariq factory for pesticide production
Yesterday at 4:56 am by Rocky
» List of shame
Yesterday at 4:55 am by Rocky
» Planning discusses the Human Development Report
Yesterday at 4:53 am by Rocky
» Railways and modern transport routes
Yesterday at 4:53 am by Rocky
» Adopting international standards brings Iraq closer to the International Labor Organization
Yesterday at 4:52 am by Rocky
» “Pollution of the land and sky.” Factories and refineries in Dohuk are outside environmental standar
Yesterday at 4:50 am by Rocky
» Erbil is chasing "unregistered lines": they have caused social problems
Yesterday at 4:49 am by Rocky
» Integrity issues a clarification regarding the charges attributed to one of its members in Basra
Yesterday at 4:48 am by Rocky
» Kurdistan expects the salaries of its employees to arrive before Eid al-Adha
Yesterday at 4:46 am by Rocky
» 22% of the included stores will be in the region.. Kurdistan Census is preparing for a pilot census
Yesterday at 4:45 am by Rocky
» Legal issues are on the table of a meeting between Judge Zaidan and the Ministers of Justice and Env
Yesterday at 4:44 am by Rocky
» The Prime Minister of the Kurdistan Regional Government arrives in Baghdad
Yesterday at 4:42 am by Rocky
» The regional government opens Article 140 with a “worrying” report...and reveals its revenues sent t
Yesterday at 4:41 am by Rocky
» Oil denies submitting a proposal related to donating employee benefits to the government
Yesterday at 4:40 am by Rocky
» The dollar recorded a slight rise on the Baghdad Stock Exchange
Yesterday at 4:38 am by Rocky
» In detail... Parliamentary Finance reveals the mechanism for filling the deficit in the 2024 budget
Yesterday at 4:37 am by Rocky
» The Ministry of Planning is discussing with the regional government representative the mechanism for
Yesterday at 4:36 am by Rocky
» The Central Bank announces the formation of a committee to follow up on the implementation of the na
Yesterday at 4:34 am by Rocky
» Parliamentary Finance calls on the World Bank to provide new visions and ideas for the Development R
Yesterday at 4:33 am by Rocky
» Increase in foreign remittance sales at the Central Bank of Iraq auction
Yesterday at 4:32 am by Rocky
» Iraq hosts the International Interpol Conference
Yesterday at 4:31 am by Rocky
» National Security seized one of the largest commercial fraud factories in Basra
Yesterday at 4:30 am by Rocky
» Targeting the American company Caterpillar and the British Cambridge Institute in Baghdad
Yesterday at 4:29 am by Rocky
» Oil: Production of 5 million barrels of water (sea desalination) within the Integrated South Project
Yesterday at 4:28 am by Rocky
» Al-Sudani breaks the “knot” of the Kirkuk Council...an agreement to proceed with the procedures for
Yesterday at 4:26 am by Rocky
» Iraq is eighth in the Arab world and 80th globally in the global crime index
Yesterday at 4:25 am by Rocky
» Al-Sudani and the New Generation Bloc stress the importance of coordination between the executive an
Yesterday at 4:24 am by Rocky
» “Bakhtiyar Haji” receives a delegation from the Information Technology Department of the Kurdistan R
Yesterday at 4:23 am by Rocky
» Commerce denies rejecting a request to dismiss the director of the Baghdad Airport Protection Compan
Yesterday at 4:21 am by Rocky
» Representatives: The budget will be decided before the position of Speaker of Parliament
Yesterday at 4:19 am by Rocky
» Masrour Barzani arrives in Baghdad to discuss these files
Yesterday at 4:16 am by Rocky
» The controversy over “Article 57” of the Personal Status Law returns again... Here are the latest de
Yesterday at 4:15 am by Rocky
» The scene of power outages is renewed despite promises of energy improvement
Yesterday at 4:14 am by Rocky
» The migration includes 190 families returning to Sinjar with a grant of four million dinars
Yesterday at 4:12 am by Rocky
» Iraq imports citrus fruits from Türkiye worth $90 million
Yesterday at 4:11 am by Rocky
» It has a religious influence. A female representative resents the makeup of female students and exte
Yesterday at 4:10 am by Rocky
» Washington responds to Al-Sadr regarding his demands to expel the ambassador from Baghdad
Yesterday at 4:09 am by Rocky
» A shocking number of MPs going to Hajj.. What will happen to the budget in Parliament?
Yesterday at 4:07 am by Rocky
» The Sudanese meeting with the leaders of Kirkuk ended without solutions
Yesterday at 4:06 am by Rocky
» The government welcomes the decision of the Arab Information Ministers Council regarding Baghdad hos
Yesterday at 4:05 am by Rocky
» Al-Sudani: Receiving international events reflects the state of stability in Iraq
Yesterday at 4:04 am by Rocky
» Al-Sudani announces the opening of 48 electrical power transmission stations throughout Iraq
Yesterday at 4:03 am by Rocky
» During an official session at the United Nations headquarters in Geneva, Iraq assumes the presidency
Yesterday at 4:02 am by Rocky
» Masrour Barzani arrives in Baghdad to meet Sudanese
Yesterday at 4:01 am by Rocky
» Trade announces the transfer of one trillion dinars to pay financial dues to farmers
Yesterday at 3:59 am by Rocky
» Up to 2.7 Million Noncitizens Could Vote Illegally in November, Study Warns
Wed 29 May 2024, 3:48 pm by Bama Diva
» Plasschaert sends a message on the occasion of the end of her term: I was touched by the hospitality
Wed 29 May 2024, 7:12 am by Rocky
» Iraqi engineers expose the loss factor: We go to work without productivity
Wed 29 May 2024, 7:03 am by Rocky
» Muqtada Al-Sadr: Democracy and American promises are a double standard
Wed 29 May 2024, 7:01 am by Rocky
» Spreading dirty laundry, insults, and intrigues... behind the scenes of the Sunni battle over the pr
Wed 29 May 2024, 7:01 am by Rocky
» Parliamentary Investment announces its intention to monitor the Lending Initiative Committee
Wed 29 May 2024, 6:59 am by Rocky
» Al-Hakim: The Iraqi government is considering adopting the Chinese experience in building schools
Wed 29 May 2024, 6:57 am by Rocky
» Announcing an initiative to train youth and include them in priority for inclusion in borrowing
Wed 29 May 2024, 6:55 am by Rocky
» Kuwait goes beyond Iraq's "rejection" and moves to resume the Mubarak Al-Kabeer Port project
Wed 29 May 2024, 6:53 am by Rocky