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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    New measures to protect Iraqi funds abroad

    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19

    New measures to protect Iraqi funds abroad Empty New measures to protect Iraqi funds abroad

    Post by day dreamer Tue 28 May 2013, 12:13 am

    New measures to
    protect Iraqi funds abroad


    05/28/2013 12:00 AM


    BAGHDAD - morning
    Iraq was able to
    find alternative measures
    to the Development Fund for Iraq (DFI) with the U.S. near the
    end of the protection
    of money in it. This
    was announced by Deputy Prime Minister for Economic Affairs Rose Nuri
    Shaways, explaining
    "The financial
    returns are protected by the immunity of the
    Central Bank of Iraq, and the support of the international community, especially the U.S.
    government and the U.S. Federal Reserve,
    as well as the fact that Iraq is witnessing a steady increase in fiscal revenues."
    He Shaways in his speech at the Global Forum "to counter the global financial crisis", which was
    held in Kazakhstan last
    week, that "Iraq has
    become a one of the most basic
    sources of energy in the world, so it
    can be an important
    factor in the stability of the
    global economy, and plays a role prominent
    role in many aspects of economic development ".


    [You must be registered and logged in to see this link.]
    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19

    New measures to protect Iraqi funds abroad Empty Shaways: Iraq immune from the risk of global economic crises

    Post by day dreamer Tue 28 May 2013, 12:40 am

    Shaways:
    Iraq immune from the risk of global economic crises



    05/28/2013 12:00 AM


    A
    result of its dependence on oil imports, mainly
    Baghdad
    morning
    Reduce
    the Deputy Prime Minister for Economic Affairs Rose Nuri Shaways risk of global
    crises on the Iraqi economy, pointing out that the rents of the national
    economy, and its dependence on the financial-oil imports, has made the country
    untouched by the economic effects suffered by many of the world
    countries
    .
    While
    Shawis pointed to continued immunity to Iraqi funds deposited in international
    banks, revealed the existence of new outlets to replace the Development Fund for
    Iraq (DFI).
    Citing
    a statement issued by the Office of the Deputy Prime Minister and received
    "morning," a copy of it, the Shaways said during his speech at the Global Forum
    "to counter the global financial crisis," which was held in Kazakhstan last
    week:
    The financial crisis the world has seen in recent years was the biggest
    The
    most dangerous on the international economy, since the crisis of the Great
    Depression in the years 1929-1932, did not pan economies of countries, including
    Iraq immune from the consequences of the crisis,
    but the effects of that hit
    Iraq has been limited and has been largely absorbed.

    He
    MP that the global impacts on the Iraqi economy has been contained by the
    stability of the proceeds of Finance, and the lack of investments him abroad as
    a result of the political situation, which has passed through the country for
    several decades, which led to alleviate this crisis, stressing that these
    factors gave Iraq
    position
    to play a prominent role in contributing to address many aspects of the
    international financial crisis.

    At
    the time, who revealed which Shaways for Iraq was able to find alternative
    measures to the Development Fund for Iraq (DFI),
    pointed out that "the financial
    returns are protected by immunity of the Iraqi Central Bank, and support of the
    international community, especially the U.S. government and the U.S. Federal
    Reserve, as well as the fact that
    Iraq
    is witnessing a steady increase in fiscal revenues, "pointing out that Iraq has
    become a one of the most basic sources of energy in the world, but it can be an
    important factor in the stability of the global economy, and plays a prominent
    role in many aspects of economic development.

    Among
    Shaways that effort in Iraq to pursue a policy of oil depends on the strategy
    and a clear focus directly on the techniques of modern art, which help to
    increase the production and of information technology and staff specialist to
    promote the reality of productive according to the new requirements in line with
    the priorities of the market, and this is crowned with success by attracting
    companies foreign
    and facilitate the task of the awarding of contracts and the full show
    flexibility by the government in banking and other measures in order to promote
    and encourage investments in the oil sector.
    Turning
    Shaways during his speech to the vital role played by Iraq in the transition
    towards market economic policies, an approach that passed by the Iraqi
    Constitution, hinting that since the early draws country to mobilize the private
    sector's role and activating the role of national and foreign investment, was
    the light of that decision-making kit
    The
    legislation set of laws that aim to support the private sector to occupy its
    core in the process of economic reform and revitalize the economy and
    diversifying its sources, confirming continue to audit the development of
    legislation and economic programs aimed at opening up wide to encourage
    investment in Iraq that Iraq is desperately needed.

    He
    alluded Shaways that Iraq continues tirelessly to fight inflation, unemployment
    and poverty, as well as maintaining the exchange rate of the dinar, praising the
    independence of the central bank, which managed to play a vital role in
    maintaining the value of the dinar against the rest of the foreign currency
    ,
    explaining the determination of the country to adopt a Platform for investment
    practical and thoughtful to
    develop the sectors of industry, mining, agriculture, through the promotion of
    effective partnerships between the public and private sectors.

      Current date/time is Wed 27 Nov 2024, 3:10 am