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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

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    Economists and lawmakers are looking launch Contractors bonds File

    Rocky
    Rocky
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    Economists and lawmakers are looking launch Contractors bonds File Empty Economists and lawmakers are looking launch Contractors bonds File

    Post by Rocky Sun Dec 11, 2016 3:48 am

    [ltr]Economists and lawmakers are looking launch Contractors bonds File[/ltr]

     Since 12.11.2016 at 02:28 (Baghdad time)
    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr]Baghdad balances News: Search number of economists and Iraqi MPs launch Contractors bonds and the private sector file[/ltr]
    [ltr]Ibrahim al-Baghdadi, head of the Iraqi Economic Council, opened the symposium by pointing out that "there are demonstrations have been expressed in a healthy and civilized in front of the Ministry of Finance carried out by contractors and handed over their applications to the Deputy Minister of Finance and President of the BSA."[/ltr]
    [ltr]He spoke MP Haitham al-Jubouri, noting that the general budget for 2017 "is the best as we can take it out of what Thoudy economic admission and had some of the texts in which the Maatmthelh first step to expand some of the points where there was a productive meeting with businessmen from the Iraqi Economic Council and the Union of businessmen and the Union of Industrialists and the Union of Iraqi contractors Iraqi Institute for economic reform has been listening to the ideas circulating in the participant's head in order to put them in the budget We have made a great effort to get the consensus of the political blocs and to meet the requests received from the provinces. "[/ltr]
    [ltr]He pointed out that "there is a lot of pressure and without a real study of the Iraqi crisis, but we reached a final version after continuous efforts to work on up to 15 hours without vacations."[/ltr]
    [ltr]"After discussion with the Prime Minister and the government have been put credit ceiling for the private sector by the government to be borrowing and for the purpose of development projects."[/ltr]
    [ltr]"We can not borrow from abroad because they are determined by special laws and the government must ensure that the private sector have a lot of companies have a partnership with the private sector, but the Customs and Tax Authority demanded payment of customs dues and pay the taxes."[/ltr]
    [ltr]He also pointed out that "there is an exemption for raw materials and components imported for the purpose of activating the work with production companies."[/ltr]
    [ltr]He said: "We give priority to the ministries to buy products like the private sector to the public sector."[/ltr]
    [ltr]As for the law to protect the local product Jubouri said, "We asked the Ministry of Trade Import Alert status table for the purpose of preventing the importation of similar substances of the domestic product."[/ltr]
    [ltr]He said given the conservative and maintain the power to take steps to participate with the private sector and only with the approval of the provincial council as well as business members and contractors who have the money at the state of the delay penalties "past to say" this was the case in the years 2015 and 2016 and this year we have given cover legislation by the House of Representatives. "[/ltr]
    [ltr]With Abdul-Jabbar Abadi, a member of the parliamentary finance committee, said he "would not be possible to reach a final version of the budget law if it stuck to each person in his opinion, because represents political orientations for its mass and there are a lot of things were in dispute, such as entitlements region and the provinces and the popular crowd and provinces that have seen military operations. "[/ltr]
    [ltr]"There is a percentage of completed projects, 75% and above in the case of verification in the completion of these projects are entitled to the health sector, education, education in the private sector invested with the condition that is within its jurisdiction."[/ltr]
    [ltr]Abdel Karim said Capt member of the Committee of Economy and Investment parliamentary "became the trend is clear in the state in the executive and legislative sides in support of the private sector as well as local product support by forcing ministries to buy local product, whether from the public or the private sector."[/ltr]
    [ltr]Ibrahim al-Baghdadi, head of the Iraqi Economic Council stressed that farmers and contractors dues were registered on the deficit as the government pay dues from previous years in the general budget and there is a proposal to the Cabinet by firing a supplemental budget in the coming year if oil prices continue at these rates.[/ltr]
    [ltr]While Dr. Salah Nouri al-chairman of the Financial Audit Bureau, stated that "there is interest from the Iraqi government entitlements Contractors and has commitments and agreements with the International Monetary Fund for the purpose of deficit budgets for the next three years, 2017 and 2018 and 2019 and in liabilities over the seriousness of the Iraqi government to pay dues shows for contractors and farmers have been start giving loans to Iraq has paid contractors and farmers dues after a detailed audit by the Supreme audit audited 6757 treatment of dues Contractors (Aldhirah) has been completed in 2115 treated in all provinces were reporting and the Ministry of planning to do so. "[/ltr]
    [ltr]"There are 1405 Treatment checked out the shortcomings of either the accounting records or incomplete documents or other mistakes sporadic, Kurod company name registered in the Ministry of Planning and differs from the company name in a transaction to pay off the dues and others."[/ltr]
    [ltr]"If it is not approved, the government budget disbursement method will be under the principle of one twelfth of the budget."[/ltr]
    [ltr]He went on to say, "We have approved the 2017 budget and within the budget 75 allocations trillion customized counterbalance operational and 25 trillion dinars of investment budget has been Iraq in the recent past Iatmdaly export of many agricultural crops. In 1957 Iraq had issued a lot of these products. Now, Iraq is importing country that must rely on agriculture and industry to develop and fill the consumer need for citizens and the mitigation of import. "[/ltr]
    [ltr]For his part, Walid Eidi central bank adviser said the central bank, which has the honor as the idea of ​​a bond-funded and oversees the implementation by the three State-owned banks, the central bank is ready with his cadres that have been placement of the subject.[/ltr]
    [ltr]"I will not be late to have any treatment, but we will work to be done if the bond exchange and arrival lists all smooth and easy and transparent. Then he spoke after Mr. Iyad al-Azzawi representative of the Trade Bank of Iraq."[/ltr]
    [ltr]He pointed out that the bank has developed a streamlined and concise is very mechanism for scrutiny and exchange transactions "if the transaction without errors, they acted on the same day and within hours if the late submission of the contractor about twelve o'clock noon, they acted on the second day in the morning, and we will open a current account for the company at the bank to deposit the amount in the company's account to behave however you like doing it her money. "[/ltr]
    [ltr]Speaking luxury Snava head of Iraqi contractors gathered wondering is there a date for the reimbursement of contractors and the contractors who cause delay paying dues.[/ltr]
    [ltr]He asked my spirit Araji prime contractors Karbala Union "Why not be a payment of the remaining dues in 2017 in cash rather than bonds because bonds since the period of 6 months unfinished We have asked the Ministry of Finance to give urgent impetus because Contractors situation has reached a critical stage Voktherhm Aimitlkon daily expense."[/ltr]
    [ltr]is over[/ltr]
    [ltr]M h n[/ltr]


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