Archive for October 10, 2013

10-10-2013 11:36 AM

Baghdad (newsletter). Member of the Economic Committee described the MP from iraqiya/Nora/albegari, national card system used in the Iraq cultural project that reduces the burden of administrative and routine accumulation during transactions.

Said albegari (News Agency): the national card is a management system in place in the countries of the world, proposed by the Ministry of planning to reduce congestion and obstruction in completing transactions in State services rather than using the four documents. (more…)

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wto10.10.2013 12:00 AM

counting Economists investment agreements and economic signed by Iraq with the countries of the world one of the important steps that pave the way for Iraq’s accession to the World Trade Organization because it is considered a first step towards collective bargaining.

Economist and academic, Dr. Acer Yassin said in a statement (morning): The “hold these agreements to the benefit of both sides through the exchange of experiences and attract investments and allow foreign investors and the Arabs.”

said Yassin said the Iraqi investment law gives the group guarantees and benefits for foreign investors, especially in the field of construction and reconstruction, these benefits have not benefited Arab investor in the past few years, as it did not try to invest in Iraq and the trend towards the Iraqi economy because of security conditions, so it must attract Arab investors to be construction projects pilot. (more…)

10-10-2013 07:07 AM

Baghdad (newsletter). Member of the Finance Committee suggested that a Deputy from the Kurdistan blocs Coalition//Jimmy, using cash reserves at the Central Bank instead of resorting to the payment term for companies in the implementation of the projects included in the infrastructure.

He is capable of (News Agency): the Central Bank announce from time to time about increasing the cash reserve of hard currency, while not invest even a fraction of these abundant funds in projects that serve the country. (more…)

Economist: evolution of the economic activity of the country led to a decline in inflation rates

09/10/2013 04:58 PM

The economic expert, contrary goldsmith, it is among the factors that led to the low rate of inflation is the evolution of economic activity in Iraq, and the presence of regional and international confidence in Astaqrarath.

The jeweler said (of the Agency news): The large number of investment projects included in the National Development Plan, and projects that belong to the Ministry of Labor and Social Affairs, which reduced unemployment rates, led to a low rate of inflation. (more…)

Posted 08/10/2013 05:52 PM

economic expert called gentle Abdul Salem Okkaily, the need to encourage investment and transfer of state-owned companies to convertible contribution to the support and development of the Iraqi market for securities.

Ugaili said in an analytical study prepared (of the Agency news): Iraq depends on a mission to provide most of the needs of daily commodities and goods on the markets of the various countries of the world, where it became the import process constitute a drain on the ongoing financial resources and reserves of hard currency, which led to the marginalization of the area of national production and increasing unemployment. (more…)

10-10-2013 10:29 AM
Baghdad (newsletter). The parliamentary Finance Committee noted the existence of technical and administrative problems have prevented the development of the banking sector in the country, saying that local banks are still lags behind the world in terms of techniques and developments.

The Vice-Chairman of the Committee, said attorney Ahmed Faizullah (News Agency): local banks still follow the old traditional systems used manual work especially in censuses and other, causing delayed delivery of banking transactions and the increase of financial and administrative corruption. (more…)

Prime Minister Nuri al-Maliki, said Iraqis of all religions, sects and nationalities are equal before the law, calling on the clergy to take the leading role in strengthening national unity among all the sons of the Iraqi people.

Maliki said in a statement issued on the sidelines of a meeting with the President of the Chaldean Church, Patriarch Louis Raphael first Sacco, and seen “Alsumaria News”, he said “the face of terrorism must be carried out by spreading awareness and education; because ignorance is the incubator fertile ideas extremist and takfir and other deviant ideas” , noting that “Iraqis of all religions, sects and nationalities are equal before the law.” (more…)