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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


    Government accusations of deliberately not affect the launch of the investment allocations

    Rocky
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    • Post n°1

    Government accusations of deliberately not affect the launch of the investment allocations Empty Government accusations of deliberately not affect the launch of the investment allocations

    Post by Rocky Tue 16 Aug 2016, 4:21 am

    [size=37]Government accusations of deliberately not affect the launch of the investment allocations[/size]


    BAGHDAD - A Journal News 
    Lists warned the committee of economy and investment representative responsible for theperformance of the Department of registered Iraqi companies Nora Salem Albjara control, continued deliberate government not to launch investment allocations provided for in thegeneral budget for the third year in a row the law, as it considered that the payment ofdozens of companies Contracting foreign to leave.
    She said according to recent statistics of the Ministry of Trade - the Department of the Registrar of Companies, "The number of foreign companies that are in Iraq offices or branches, approximately 2436 of Arab and foreign nationalities, mostly Turkish and Iranian and Chinese, European and American." But it pointed out that "dozens of them were forced to closing branches or reducing its activity and layoffs."
    Albjara showed that the activity of foreign companies «is divided into three branches boss, the first contracting companies with the government to implement public projects either individually or in partnership with national companies, and the second related to companies operating under the private investment umbrella, and the last branch commercial companies entered the market to promote their products».
    She pointed out that «the government did not approve the budget then because of the events, and spotted all the operational funds for the sector», pointing to the existence of «a problem in this area as yet do not know the value of these funds and how disbursed without the law».Also allocated 2015 budget «$ 27 billion sector investment, and remained a dead letter and repeated it this year and next year, if oil prices remain low».
    Albjara announced that the Committee «hold semi-regular meetings with segments of the private sector representatives, and transferred the majority of their representatives to the suffering of the foreign companies that migrated dozens of them, being a bear additional expenses on their presence on Iraqi soil from wages and architectures and mechanisms, while not able to return, doing their projects government for the lack of financial allocations. »
    He considered that the «continuation of these conditions unchanged, means our loss of these companies, which is certainly not going to come back again because they are always looking for economic, security and political stability, which is not available factors». She said «the government will face difficulties are indispensable for the achievement of 6300 a government project, the stages were completed varying proportions».
    According to a source in the Ministry of Commerce, it was not the number of Iraqi companies registered with the registrar of companies exceed 8374 the company before 2003, while the number of branches of foreign companies and offices were of different nationalities 0.109 branches and 85 offices, while it was not beyond the registration of Iraqi companies per year 400 . while currently up to 57 659 local and foreign companies, but the registration process going through many stages, to make sure the advanced Rsantha, and has coordinated with a central bank circles and security information to follow the activities of local and foreign companies, and stop acts of record on matters relating to security and smuggle money and bleached, and any offense punishable under the domestic laws and Atah.anthy 4
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