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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


    The use of bonds to finance part of the budget deficit

    lonelyintexas
    lonelyintexas
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    Join date : 2012-12-19
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    The use of bonds to finance part of the budget deficit Empty The use of bonds to finance part of the budget deficit

    Post by lonelyintexas Fri 21 Nov 2014, 8:26 pm

    11/22/2014 0:00

    To finance part of the budget deficit
     
    Baghdad - Mostafa Hashemi - the joy of pumice
     
    At a time when Iraq faces the challenges of lower oil prices and its impact on the budget, the need to offset part of the deficit by the government's introduction of a strategic partner supporting the productive sectors of the operation of laboratories and government institutions, including decreases show amounts of imports of services and goods that can manufacture Mhalia.ovi this context called economic expert on behalf of Jamil to promote openness on the private sector to apply the government program of what would bring about an increase in the gross domestic product through the launch of government bonds to support the private industrial sector and contribute to reducing unemployment and reducing


    One of the ways that comes to finance the budget deficit and support the country's economy is firing government bonds benefits up 10 percent to support a particular sector such as housing, industry and others, indicating that this process sings a lot about borrowing from the views of the international institutions and compensated by borrowing of Aldakhal.wachar that partnership with the private sector paid off in cement projects and industries, petrochemical industry projects, noting that there are several ways to reform the industrial reality in order to increase its contribution to the size of the gross domestic product from 1.5 percent to 16 percent, thus alleviating dependence on oil revenues.
     
    He stressed the importance of investment Alaktnazac held by the private sector and turn them into development projects to achieve the government's program, which stressed the economic side urged to open up to the private sector because it is a strategic partner of the state, especially in these circumstances through which Albuld.obin that Law No. 22 of 1997 granting the Ministry of goals Industry legal legitimacy to the introduction of a private sector partner, pointing to the importance be given support through legislation dolly laws allow him to access easily in the process of development and the development of the economy
     
    Alaraca.mn his industrial affairs specialist said Abdul-Hussein al-Shammari said the private sector is able to reduce the import, the adoption of productivity projects near the sites where Alaolah.wachar materials are available in a statement to the (morning) that there are self-potential private industrial sector to qualify for development after supporting the legislation of laws and reduce red tape to make the country an attractive environment and industrial productivity of investments in order to achieve the economic feasibility of the establishment of Almcharaa.oadav that country imports, for example, large amounts of ration items while he can be provided locally and achieve self-sufficiency of them, pointing to the possibility of quotation global experience in the financing of projects depends on the economy, in the financing of development projects in Iraq aimed at reducing government spending on the import of what can be produced locally from Alkhas.utaba sector that the current stage requires the unification of all efforts to reduce the country's dependence on oil revenues and diversify its financial resources to activate the industrial and agricultural sectors by offering shares of bonds to the public and invested for the benefit and financial returns for both the government and the citizen on the extent Soa.bdorha urged economic expert to develop new plans and programs for the advancement of the private industrial sector, through government support and direction of banking dolly.


    Expert economic Dr Ikram Abdul Aziz has shown that there are programs could serve the private industrial sector which is the provision of soft loans and government support for this sector by obtaining the technology.

    She Abdul Aziz »Sabah»: The «one of the goals stipulated in the Investment Law No. (13) for the year 2006 is trading serving directed the private sector to establish industrial projects through partnership and contract with that foreign relationship (PPP) of any joint venture relationship» .orot that This sector needs to be ambitious and strategic orientations banking supportive in terms of the volume of lending and lower interest rate and credit, as it suffers from aging infrastructure, a problem in the direction of industrial development that could affect the Iraqi economy and market-oriented economy.
     
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