Archive for August 2, 2013

Report of the International Monetary Fund (IMF) / Mohammed Sharif Abu Mayssam

Published on Thursday, 01 August / August 2013 20:03
Did not bring the report of the International Monetary Fund recently released a new, could refer to the new features of evolution or a citizen of the defect, unknown in the body of the Iraqi economy, in spite of rumination with sentences and words. (more…)

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12:17 08/01/2013

Rejection of a member of the Committee on the economy and investment MP Ibrahim stirrup, migrate the Tariff Act to the next parliamentary session, stressing that the amendment, which received a law is agreed upon by the financial and economic committees.

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For Oil and Energy Committee agreed to pass the draft law of the national oil company

Agreed to the Commission on oil and energy parliamentary bill Police National Oil unanimous 13-member ones, and submitted to the Presidency of the Council of Representatives for the purpose of inclusion on the agenda.

Said the Commission’s decision Qasim Muhammad’s (IMN) said that «the Commission on oil and energy in the presence of 13 members agreed unanimously to pass a bill the national oil company, while the three members of the Magazine, one of the laws of the five within the oil and gas law », adding that« the Commission raised the draft law to the Presidency of the Council of Representatives for the purpose of inclusion in the agenda of the meetings »., (more…)

Expert: Most government decisions ‘improvisational’ and is supportive of the Iraqi economy

Said economic expert, Abdul-Hassan al-Shammari, the importance of governmental plans clear economic vision to support and activate the vital sectors in the country, especially the manufacturing sector.

Al-Shammari said in a statement quoted by the Agency (news): that the decline in the growth of the Iraqi economy is due to government decisions is supportive of the economy, as it launches in and dependent on special interests and not based on correct bases and the vision of a clear economic. (more…)

With tens of millions of potential customers who have only a few of them bank accounts, it has become Iraq represents an ambitious target of banking institutions, especially that the Iraqis are now looking to banking services is greater than those available to them.

However, the long-standing laws, and the majority of banks controlled by the government, and weak infrastructure for this sector, in addition to a huge number of other obstacles, political Kaerak ongoing and deteriorating security situation, make the banking activity in the country is not guaranteed results. (more…)

Classic Banking Act no longer suffice. . And specialists want me to reconsider and

Classic central banking degraded which تغلفها conditions of administrative red tape and delay transactions and financial corruption customers louder voices banking specialists in regard to demand to reconsider the law of public banks contend that the law does not fit with the banking climate in Iraq. (more…)

01/08/2013 | 11:15 PM | Gulf News

By Mohammad Al-Ghazi

BAGHDAD, Aug 1 (KUNA) — After 23 years of Saddam Hussein’s occupation of Kuwait on August 2, 1990, the subsequent Kuwait liberation war and years of post-war tension, relations between the two Arab neighbors are witnessing remarkable improvement.

For the first time since the occupation and after settling almost all outstanding issues, the Iraqis observe the 23rd anniversary of the disastrous war without the sanctions as per the UN Security Council resolutions based on Chapter VII of the UN Charter. (more…)

Announced that the General Secretariat of the Council of Ministers on Thursday, August 8 and Sunday, 11 of the same month, an official holiday occasion of Eid Alaftralambark of, as well as on Friday and Saturday approvers 9 and 10 August. (more…)