[size=14]Government bonds and safe way to save
[/size]24/10/2016 0:00
[rtl]BAGHDAD / Imad emirate
is a financial reform imperative to resettle capital and attracting private investment, especially investment indirect, such as stocks and bonds, and require the reform process in this aspect a number of basic steps, including the development of the stock market in Iraq to their importance in activating the role of the private sector in the process ofdevelopment.
academic Dr. Emad Mohammed al - Ani said: «market Securities important role in thenational economy, as it is not a market only stock trading but have dimensions more than that , and this is what is referred international experience».
interest rates
and said al - Ani , in an interview with «morning »that the stock market (bonds) represent a wide range of work monetary policy to influence the overall financial and monetary variables, particularly on interest rates and the price of the local currency exchange rates of inflation, as it gives ample space to implement more efficient and effective monetary policy by the Central Bank of Iraq operations.
He noted that the government bond market while providing the opportunity for monetary authorities to achieve many of the relevant functions of the activities of these authorities ,benefits, and most important of these benefits and advantages that the presence of themarkets helps to shift towards the use of indirect instruments of monetary policy management and, in particular , open market operations .
it is noted that in Iraq there are no active and influential bond market economically, and this made economic voices resound to find a solid bond market in Iraq.
provide liquidity
Ani between these markets exert an important role in providing liquidity of the money market (short - term instruments), which is of great importance in efficient implementation of monetary policy, especially in light of what is represented by trend yield on government bonds as a source of information about market expectations on interest rates and rates of future inflation.
He stressed that this will reflect positively on the financial structure of the system as it integrates the role of the banking sector and stock markets, pointing out that theSecurities government, and in all its forms, represents an important means and Chairperson of the means of saving and transmission of savings in the economy, among the various sectors , both for the adoption of a safe way to invest , or as an indicator ofhelp in the adoption of investment decisions intact.
He noted Ani that the development of government bonds the same markets as contained in the reforms , legislative and institutional requirements and improve the infrastructure of the financial sector that serves all parties and dealers in the financial sector.
comprehensive strategy
and stressed the importance of addressing the financial and administrative corruption as a fundamental requirement in order to find the financial policy place in the application, and to tackle corruption must adopt a comprehensive strategy of economic, financial and administrative reform begin to desire the senior leadership of reform and pass institutional formation and ends with the full powers of the anti - corruption body with attribution to activate the participation of civil society, the press and body control, accounting and eliminate organizations.
He concluded Ani to say that characterized the financial sector transparency and clarity, as is transparency in government financial activity is essential for the integrity of thefinancial position and credit her good judgment and administration of comprehensive financial and integrity, as well as the fiscal transparency is a prerequisite for the safety ofeconomic and fiscal policy, dissemination and document the general budget , which is displayed clearly in a timely manner makes it easier for investors and the public evaluation of government guidelines and therefore impose discipline hard to government operations.[/rtl]
[rtl][You must be registered and logged in to see this link.]
» Deputy: The Kurds reject any amendments to the region's budget, and it is likely that they will be a
» Mr. Al-Hakim: A will to pass the budget and the development path project will align the interests of
» Governor of Basra: The Prime Minister personally supervises the file of gas investment and combating
» The Central Bank: Efforts to accelerate the use of electronic payment and its dissemination
» Finance announces the start of applying the unified treasury account during the current month
» The "greed" of oil companies deepens Iraq's water and environmental wounds
» "I have reached the point of litigation" .. Iraq is taking measures against Internet companies with
» Emaar: Requiring investors to sell housing units at "reasonable prices"
» Al-Sudani and the Italian Ambassador discuss the "Greater Iraq Project"
» Sudanese advisor expects to vote on the budget within less than 10 days
» The price of oil “threatens” the tripartite budget!
» Environment Minister Nizar Amidi announces the initiation of the electronic collection system (POS)
» Militia Man & Crew u-tube Big Weekend for Iraq - USA
» The New President Of The World Bank Takes Over
» Report: Al-Sudani is shackled, with no budget or government amendments on the horizon
» China resolves the Iraqi debate over the "Silk" and "Development" roads
» Prior to the 'OPEC' meeting.. the Saudi energy minister meets with his counterparts from the UAE, Ku
» Reuters: Iran is about to form a maritime alliance with Gulf countries to 'ensure regional stability
» Report: Al-Sudani is shackled, with no budget or government amendments on the horizon
» Iraq boosts its reserves of "precious metal"
» Western oil companies are making billions from southern Iraq and throwing pollution and drought on i
» Communications reveal a new policy for the work of Internet companies in Iraq
» Criticism of Al-Rafidain housing loans, describing them as "incapacitating"
» Parliamentary Finance explains to {Euphrates News} the fact that the budget has lost its economic fe
» Sudanese advisor determines the proportion of public expenditures of the gross domestic product
» For more than 8,000 borrowers, Al-Rafidain Bank releases returns
» Investment marks 60 lagging projects and withdraws more than a hundred investment licenses in Salah
» It includes Iraq and Saudi Arabia.. Iran announces the imminent formation of a military coalition wi
» Parliamentary oil accuses Erbil of smuggling oil through fictitious companies
» Al-Fateh: The Kurds' demands for the budget are "illogical"
» Rights: Al-Halbousi's dismissal is inevitable
» Calls for events rejecting the interventions of the American ambassador in Iraq
» The Minister of Health directs the preparation of a plan to estimate the needs for medicines and med
» Deputy for Dhi Qar: We will not vote on the budget without conditions
» Parliamentary Oil and Gas Committee: Erbil circumvents Baghdad's decisions to change the names of oi
» Iraq and Kuwait are discussing the work of the technical and legal committee concerned with the dema
» Legal expert: Investment projects should focus on the housing crisis according to a constitutional a
» Trade: Opening new marketing centers to absorb the marketed quantities of wheat
» Economist for / NINA /: The delay in approving the budget will cause a delay in the completion of im
» Deputy: Two disagreements impede the approval of the budget
» Paying dues for Iranian gas exports causes a problem with America and threatens Iraq's electricity p
» Politician: Iraq has its own cards to obtain its water rights
» Preferring a date for approving the budget law
» An economist reveals the huge losses in Iraqi oil revenues during the current year
» Al-Sudani's advisor reveals the importance of the electronic payment experience: it reduces transact
» The North Company reveals the destinations of Kirkuk oil after stopping its export to Turkey
» The Arab Monetary Fund expects moderate growth for the Iraqi economy in 2023
» For less than 12 dollars... Iraq reveals the average price of oil exported to Jordan
» The Central Bank of Iraq sells more than one billion and 270 million dollars within a week
» They described it as "incapacitating" .. Iraqis criticize the mechanisms of a government bank to buy
» Parliamentary Finance expects to settle the budget differences between Baghdad and Erbil through "mi
» Sudanese advisor: IMF experts report "very pessimistic"
» The Service Council reveals the repetition of the data of about 35,000 applicants for appointment
» In one year.. 200 billion dinars, Iraq's revenues from "renting sidewalks"
» International Monetary Fund: The Central Bank of Iraq has made progress in combating money launderin
» The Iraqi Credit Bank decides to distribute cash dividends worth 30 billion dinars to shareholders
» The International Monetary Fund praises the policies of the Central Bank in supporting the national
» The President of the Republic calls for a review of all the laws of the former regime
» Disclosure of the imminent resumption of the work of the Parliamentary Finance Committee after an em
» Under the supervision of his governor, Dr. Ali Mohsen Al-Alaq.. The Central Bank of Iraq organizes a
» Start installing electronic payment devices in implementation of the Cabinet's decision
» The former head of Baghdad investment was imprisoned and fined more than two billion dinars
» The Iraqi-Saudi Coordinating Council.. A Path Toward Integration
» The federalism’s violation of the legitimacy of the region’s parliament sparks a dispute over the po
» Warnings to citizens of {fraudulent} text messages
» Iraqis are waiting for the approval of the budget
» Mazhar Saleh: The World Bank starts from the rentier of the Iraqi economy
» Iran pressures Iraq to pay off the gas debt and criticizes the method of payment
» Deputy reveals plans to reduce the budget deficit and the doors targeted by reducing allocations
» A company announces the processing of 1,500 electronic payment devices by contracting with 100 gover
» Parliamentary Oil: There is real work to stop the burning of gas and reduce its import
» The high exchange rates of the dollar in Baghdad markets
» Water Resources: We expect Turkey to raise the absolute water quotas to Iraq during the coming perio
» Parliamentary defense: There are no combat units of the US army in Iraq, and we will not allow their
» More than (37) billion dollars in revenue from Iraqi oil sales within five months
» Reuters: OPEC is considering cutting production by one million barrels per day.. How will Iraq be af
» Parliamentary Finance: The budget will be approved before the ninth of this month of June
» Al-Sudani opens a campaign to repair defense mechanisms and wheels and directs the completion of the
» Electricity sends a message to citizens: loads are starting to increase
» Oil Minister: We are still negotiating with Türkiye to resume exporting Kurdistan's oil
» Parliamentary calls for birth control to control the high population growth in the country
» The Ministry of Justice defines procedures that contribute to eliminating real estate fraud
» Deputy: the inclusion of the budget on the agenda of Parliament is awaiting political agreements
» The Electoral Commission clarifies the mechanism of voting, counting and sorting in the provincial e
» Parliamentary Finance reveals the reasons for the delay in approving the budget
» Governmental and political conflicts.. Alsumaria publishes the historical stations of the "Silk Road
» The Iraqi Gross Domestic Product (GDP) records economic growth, detailing this in numbers
» International Reports via Iraqi Development: An Ambitious Project Over 100 Years Old
» The Kurdistan government enters the caretaker stage... political controversy and disagreements over
» Trump Hits DeSantis HARD on Social Security and Medicare Plans
» “In Congress Ron DeSantis pushed a 23% national sales tax.”
» New Trump super PAC ad paints DeSantis as tax hiker
» Former President Donald Trump visits Iowa town hall
» The North Company reveals the destinations of Kirkuk oil after stopping its export to Turkey
» Iraq and 8 countries are awaiting the OPEC + meeting.. International experts: It may trigger a surpr
» The high prices of medicines and the manipulation of powers arouse citizens' resentment
» They represent 80% of public demand.. Parliamentary movement to activate “low-cost investments”
» Planning announces the launch of the results of the labor market survey in the private sector