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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


    Economy and Investment: more than 20 resolutions issued during the previous regime contribute to the

    Rocky
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    • Post n°1

    Economy and Investment: more than 20 resolutions issued during the previous regime contribute to the Empty Economy and Investment: more than 20 resolutions issued during the previous regime contribute to the

    Post by Rocky Mon 02 Sep 2013, 5:07 pm

    Economy and Investment: more than 20 resolutions issued during the previous regime contribute to the deterioration of the investment

    09/03/2013 12:00 AM

    Have not been amended or repealed so far
    Baghdad, Omar Abdel-Latif

    Revealed to the economic and investment commission in the House of Representatives that the laws and regulations prevailing initiated during the previous regime still control investment in Iraq, indicating that there are more than 20 resolutions relating to investment have not been modified or revoked and the enactment of new laws instead to promote the reality of investment in the country.

    A member of the Committee Mahma Khalil, a member of the House of Representatives for the coalition of Kurdish blocs that some of the decisions and instructions of the former regime remains ineffective walked so far, noting that the Iraqi economy should be moving towards the «market economy» as stated in the Constitution and such instructions do not fit in with this trend, but make it as a centralized economy.
    He said in a statement singled out by the (morning) that the investment environment in the country suffer from inter problems, red tape and corruption which prohibited hinder the entry of multinationals into the country, stressing that the Iraqi environment is fertile and require the cancellation of all unjust decisions against investors in line with the Constitution.

    He cautioned Khalil to the presence of more than 20 resolutions remain as it is during the previous regime relating to investment in the country side.

    At the same Ed Committee member and a member of the House of Representatives of the National Coalition Abdul Salam al-Maliki     ماذهب him his colleague that the decisions issued by the time of the previous regime still control the investment environment in Iraq this time, indicating that the investment side in the Iraq doomed mechanisms negative in this topic.

    Maliki said in a statement singled out by the (morning) despite the fact that the investment climate formatted in the country to bring in international companies, but they need at the same time to the stability of the security side, and laws that protect the investor, but we're still working the laws of precedent and antiquated and is not suitable for them and this Maymana investors from coming to Iraq.

    He called the House of Representatives to the need to repeal laws that were in place at the time and approve the special laws can promote investment in the country take it upon themselves to economic and investment commission in parliament, or modify existing laws, including contributing to the coming of the largest companies in the country quickly, pointing out that the Commission has initiated Other laws substitute for those that began before 2003 into law and the Ministries of Industry and Commerce and the Central Agency for Standardization and Quality Control to mention the cancellation of a lot of previous agreements with some countries.

    As a member of the House of Representatives member for a coalition of state law, Dr. Salman al-Moussawi has hinted that a committee of economy and investment laws were divided into three categories, the first can work out the second and third can be adjusted either must be eliminated.

    He said in a statement singled out by the (morning) that the focus of the Commission at this stage on the second category which are laws that can be adjusted, adding that the next phase will see the abolition of a set of laws which formed a heavy legacy on the Iraqi economy, but it must at the same time dealing with this legacy patiently and carefully.

    In return, the National Development Plan period from 2010 2014 had estimated the volume of investments of non-governmental required to achieve the targeted growth rate in the plan of $ 9.38 a year 217 trillion and 637 billion dinars, the equivalent of $ 186 billion, to take charge of the federal budget for the state provide $ 100 billion, and there were expectations that financed development partners, "the private sector, national and foreign," the remaining funds to be spent in various areas identified by the plan and other activities not included in the plan Kinsatat insurance, banking and personal services other, but such a thing did not happen because of the failure of the plan and prepare another plan ratified by the Council of Ministers stretching from 2013 2017.

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