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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


    Renewed their size problem of tens of billions of dollars .. Why not return the fugitive Iraqi capit

    Rocky
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    Renewed their size problem of tens of billions of dollars .. Why not return the fugitive Iraqi capit Empty Renewed their size problem of tens of billions of dollars .. Why not return the fugitive Iraqi capit

    Post by Rocky Sat 04 Mar 2017, 2:14 am

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    Renewed their size problem of tens of billions of dollars .. Why not return the fugitive Iraqi capital?


     Baghdad / Zahra al-Jassem 

    Still inaccurate data about the Iraqi private sector investments abroad, even to talk about the escape of the Iraqi capital to invest in neighboring countries may not be more than a diagnosis of incomplete needs to scientific data and estimates of the amount of , and opinions on this matter differentiated At a time emphasizing the national investment on the agreements and laws and regulations in Iraq are among the best in the region, there are those who draw attention to a problem in the bureaucratic and administrative apparatus which does not react quickly enough with the investment requirements. 
    Parliamentary Finance Committee , for its part emphasizes the repeated statements that the size of the Iraqi amounts invested in the neighboring countries , estimated at tens of billions of dollars, attributed the reasons for this poor investment environment deteriorating security situation of murder and robbery , and the spread of the manifestations of the weapon, as an economist sees the problem in the private sector itself It is so far looking for high returns and less risk, and a large section of it wants to convert his money abroad to establish a foothold for him and his family there and then migrate to seek stability. 
    Magda Tamimi , a member of the parliamentary finance committee talked (range) of the size of the Iraqi amounts invested in neighboring countries , the ability of them tens of billions of dollars, saying that "those sums have been invested in Jordan , which rules the these investments in the first place, Iran, Turkey, the UAE and Egypt," says " the poor investment environment deteriorating security of murder and robbery , and the proliferation of armed manifestations and the situation is one of the main reasons for the flight of the Iraqi capital out of the country, at a time when there must be a clear path for the development of our knowledge in this field," expressing surprise of our universe , and since 2004 until now we continue to echo this statement. 
    Tamimi stated that " the amounts invested outside the country billions of dollars, making their impact on the total , a negative of the Iraqi economy , " asserting that " the inactivity of urban and not upgrading the infrastructure of schools, hospitals, institutions and the lack of a clear economic visions, the whole encouraged the worsening unemployment and capital flight prevention falling into the trap of extortion and kidnapping, "and added that" the creation of economic development and out of the bottle of oil - based rentier economy by more than 90% is inevitable after a drop in oil prices. " 
    Financial expert Ahmed Rehn confirms his part in an interview (range), "to invest abroad well - known phenomenon in all the world, and not a minute about the Iraqi private sector investment data found abroad, and even talk about the escape of the Iraqi capital to the outside is a diagnosis is not enough because theeconomic policy need to be quantified to determine the size of these investments, "and" We do not know - and talk to Breha- "investment audits of the Iraqi private sector to overseas every year," adding , "even if youhave the so data, it is possible to propose policies to keep these investors and encourage them to keep their money inside Iraq ", acknowledging the existence of these figures, but not been able to confirm it as a figure" exaggerated "by the recipe. continues Bureihi speech , saying" today we need a real grasp of the concept of the environment is appropriate, and why the private sector does not invest in the industry, did not receive enough attention , " he said , blaming the unions and trade unions, industry and the owners of jurisdiction and those in charge of the government," the lack of seriousness with any matter for the Iraqi economy and thepublic interest. " 
    He continued economic expert to say that" the problem is not in the laws , as some say, but in the private sector itself, being so far looking for high returns and less risk, and a large section of it wants to convert his money abroad, to find a foothold for him and his family there and then migrate to seek stability. 
    Chairman of the National Investment Commission , Sami al - Araji , stresses that it disagrees with the opinion , which says that the investment environment in Iraq is safe, and there is no legislation to protect the investor, and sees a very good regulatory environment, adding that "legal as amendments and regulations and instructions are all present , as required, especially after second amendment to the investment Law and the requirements of single - window ". 
    He continues , al - Araji , saying that " the problem we have in bureaucratic and administrative apparatus which does not react positively required speed with the investment requirements, and not , as some believe it is in the investment environment , " pointing to the existence of a conflict between the two schools, first you want to innovation and the advancement of the country to provide the best for the Iraqi people 's life, and the second directed that adopt a centralized economy , whether for state - owned companies or administrative process daily in the ministries. Confirms al - Araji , said the agreements and laws and regulations in Iraq are among the best in the region , "and this recognition by many international organizations, and the country is promising and great good economics, there is also a five - year plan , which takes into consideration the economical peacefully developed which activate various economic sectors and the reform of the economy, and it also focus on Iraqi and foreign investment, something we are working on for some time, so the re - activation of other sectors will be among the priorities of our work, and that a lot of investors are now putting plans for after editing operations. " 
    On a related subject, speaking one of them for the suffering of the Iraqi investors, one of the key investors in the area of housing where rich United Arab Emirates, Turkey and other Basttmarath, preferring anonymity, said that since his return to Iraq in 2009, has sought all his effort to create a residential complex behemoth is composed of 300,000 housing units , techniques and technology modern in terms of construction, energy and the creation of streets and facilities of health, recreational and commercial mission in one of the provinces, but he collided with attempts to blackmail him by influential officials and banking obstacles led to him and among the beneficiaries of this project problems. 
     As Iraqi economists believe that if the data were available accurate size of the amount invested outside thecountry, it would be possible to propose policies to keep these investors and encourage them to keep their money in Iraq, at a time draws experts in the law to be controlled by political mafias and blurry decisions are the factors that helped in disorder and retreated agreements the consultations and the loss of the outputs of seminars and studies prepared in this regard, and also consider that the laws that fight corruption are also not required level, especially Article 340 of the Iraqi Penal Code, which shall be referred accordingly most employees accused of corruption to eliminate inadequate law, and therefore, the Aqaba importantly which stand in front of the fight against corruption , such as bribery, extortion and waste of public money now lies in the weak legal texts.
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