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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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    Industry: Iraq spent more than 321 billion dollars to import goods and consumer goods

    Rocky
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    Industry: Iraq spent more than 321 billion dollars to import goods and consumer goods Empty Industry: Iraq spent more than 321 billion dollars to import goods and consumer goods

    Post by Rocky Tue 19 Apr 2016, 4:37 am

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    Industry: Iraq spent more than 321 billion dollars to import goods and consumer goods


     Baghdad / Ibrahim Ibrahim 

    Revealed the Ministry of Industry and Minerals, on Monday, for Iraq to spend more than 321 billion dollars to import goods and goods over the past years, while thespecialists called for economic affairs of thegovernment to the life of the national product through financial foreign lending his support. 
    He said the media ministry director Abdul Wahid al - Shammari, said in a statement "long" received a copy ofit, that " the Iraqi economy a consumer economy where spent Iraq over the past years , nearly 321.6 billion dollars , or the equivalent of 57% of the total imports of Iraqi oil in order to import goods and various goods from outside the country, which called for the adoption of the slogan - made ​​in Iraq and establishment short-, medium- and long - term strategies for the advancement of the industrial sector. " 
     He noted that" these steps need to be a package of government, legislative and popular action and media support , which is based on the local product support and the importance that there be a proper understanding of the economic by the government and the citizen and the parliament to this matter. " 
    He stressed" the need to encourage investment and participation with the private sector in accordance with the proper legal procedures and under specific conditions , including the financial efficiency of the clear investment companies that are experienced and specialized in the area concerned and make the study ofeconomic and technical feasibility of the projects concerned with investment and not less the added value of the production of 25%. " in 
    turn, the economist said Mustafa Mohammed Habib expert, in an interview for the " long "," the Iraqi market has become a consumer market with distinction during the previous years due to lack of control over border crossings and material flow shoddy goods from neighboring countries and others . " . 
    "the previous government 's policy has hurt the local market and weakened the private sector to the extent that the national product disappears from the market almost exclusively." 
    He explained beloved that "the government to revive the national industry by channeling international loans to rebuild the infrastructure of factories and government and private laboratories restoration, with the participation the private sector effectively and not merely false slogans. " 
    and that" prevent the import approximately 70% of the food and goods is essential facilitates local product marketing process and give him the confidence necessary for the development of thousands of consumer and industrial vocabulary industry again. " 
    He stressed the beloved" The recovery of the domestic industry government deficit reduces by a large margin and expands the financial resources of the state as well as move the internal market and liberalization of thefinancial crisis faced by the country. " 
    the Council of Ministers approved on Tuesday (24/11/2015), provides that all ministries to secure their needs from the Ministry of Industry and minerals companies and other processing requests all ministries by direct contracting. As counting in order to encourage the national product, it decided to approve the formation of acommittee of the Ministry of Planning and stakeholders to evaluate product quality and value - added processing time. 
    He said the Information Office of the Prime Minister, in a statement received (long - Presse) a copy of it, " The Council of Ministers approved in its meeting held Tuesday, on the establishment of all ministries to secure their needs from the Ministry of Industry and minerals and other companies. " 
    the statement added that" the approval has in accordance with Article 36 of the federal budget for fiscal year 2015 Act, through the processing of all ministries requests by direct contract with the Ministry of Industry and minerals and other companies, to encourage the national product. " the 
    statement continued that" the Council has agreed to form a committee of the Ministry of planning and stakeholders to evaluate product quality and value - added processing time for the domestic product. " 
     the Minister of Industry and minerals confirmed, in (3 December 2015), the ability of ministry to compete with foreign goods, on condition that the application of the customs tariff and the protection of the national product and the lack of support for the dollar exchange rate laws. 
    the Minister of Industry and minerals Mohammed Darraji called, in (12 August 2015), to the establishment ofnew industrial projects for goods needed by the country and support the private sector , as urged to promote local industry and the reduction of import of goods, called for providing the best services for industrialists in order to reduce the import of goods.
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