Posts Tagged ‘Gross domestic product’

December 29, 2013

British firm involved in global economic analysis expects the continuation of the impact of political risk on the Iraqi economy during the next 2014.

This came in a quarterly report, the new released by Business Monitor Anturnashinal BMI British, on monitoring and analysis of global economic and trade, on the prospects for the commercial sector and economic situation in Iraq during the first quarter of 2014, the next, indicating that “the rate of growth of the Iraqi economy will be 10.6% and 9.2% in normal circumstances during the years 2013 and 2014, respectively, with the survival of private consumption and oil exports as the main engine of economic growth in the coming years, and that the risks surrounding this outlook lies in the deterioration of security resulting from the increased rates of political violence. ” (more…)

Advertisements

Business & Finance Friday, 27 January 1 / December 2013 22:51

Future News / MP for the coalition warned / united / Knight Sangaree the likelihood of intervention of the International Monetary Fund and his imposing certain actions on Iraq in light of the large deficit in the fiscal budget for next year.

He said in a press statement today that: “As a result of the existence of economic problems in the budgets of previous years and the introduction of a lot of things that we do not have it within paragraphs, led to the accumulation of economic problems have come to the proportion of the deficit in the budget next year, up / 30-35 / billion dollars.” . (more…)

IMF-Logo12.19.2013

A report prepared by experts at the International Monetary Fund Article IV Consultation with Iraq in 2013, which took place in the first quarter of the year 2013 in Amman, Jordan, that “in spite of the circumstance of the Iraqi difficult, the economic developments generally positive and has seen economic growth acceleration, At the same time did not hide his report the risks resulting from the decline in the level of political and security situations.

and followed (range) a chart he submitted the Resident Representative of the International Monetary Fund for Iraq, Ghazi reticles showing the latest economic developments and prospects in the medium term in addition to the risks and economic reforms. (more…)

9/12/2013 0:00

saw the Academy that there is a possibility to take advantage of the exceptions and exemptions granted by the World Trade Organization in the growth of real national income.

Consists gross national income (GNI) of personal consumption expenditures and gross private investment and consumption expenditures of government, net income from assets abroad (receipts net income) and total exports of goods and services, net of two components: the total imports of goods and services, and business tax indirect and includes the value of all the products and services that have been created within a country in a single year (ie, GDP), along with revenues net from other countries (notably interest and dividends) (more…)

25-11-2013 09:40 AM

Iraq continues to expand its oil resources, but the diversification of the economy by about bigger is necessary, according to an analysis of what he saw Qatar National Bank QNB.

The analysis, published by the newspaper Gulf News UAE’s English-speaking, that in the wake of the Iraq war, the expansion of oil production in Iraq quickly, what produced a rise in the gross domestic product of $ 1750 in 2005 to more than 6300 dollars in the year 2012 in spite of social context is difficult. (more…)

11/30/2013 0:00

He stressed that contrary to the rate of inflation
Baghdad – Farah pumice counting an economist that the rate of per capita income of the value of gross domestic product, well compared to neighboring countries, but he stressed that he does not constitute a satisfactory ratio in the community because of the high rates of inflation in recent years. indicated that the Deputy Prime Minister for Energy Hussain al-Shahristani said at the Fourth Scientific Conference of the statisticians Arabs held in Baghdad that the per capita GDP went up to 6000 dollars a year after it was a thousand dollars. (more…)

Shahristani, Iraq declares control inflation and reduced interest banks to 6%
11/25/2013 – 16:15

Deputy Prime Minister for Energy Hussain al-Shahristani, Monday, that Iraq was able to control the inflation, as well as its ability to reduce the interest banks to 6%, indicating that it is able to maintain the rate of economic growth for long periods.

Shahristani said In his speech during the Business Forum and the Iraqi investment Frenchman in a good hotel, attended by “Alsumaria News”, “Iraq was able to control the inflation rate, which was more than 50% after 2003 and which is now up to 6%,” noting that “interest rates banks also decreased to 6% after it reached 20%. ” (more…)

18-11-2013 10:00 AM

Iraq faces the challenge of how to achieve greater economic diversification despite the continued expansion of the exploitation of its oil resources, nor the Iraqi economy is still suffering structural weaknesses, such as the small size of the non-oil sector and the dominance of the public sector at all joints of the economy, and the lack of an enabling environment for doing business. (more…)

2 articles 

Economic openness

11/13/2013 12:00 AM

stressed the President of the Federation of Iraqi Chambers of Commerce Jaafar al-Hamdani on the need to develop plans openness deliberate on the blocks of the global economic which owns the technology and recent experiences.

said Hamdani, in an interview for the “morning” that the country needs to the international effort in activating the activities of economic sectors, all of us, pointing out the importance of orientation towards the economically developed countries, which have specialized companies with the International Classification of Advanced and build bridges of cooperation to serve the two parties. (more…)

A citizen’s Deputy Prime Minister for Energy Affairs Hussain al-Shahristani «The International Monetary Fund estimates indicate that Iraq will keep the rate of increase in economic growth over the next five years, while considered that the year 2014 will be a year of investment in the country, called for a non-

Deputy Prime Minister for Energy Affairs Hussain al-Shahristani «The IMF estimates indicate that Iraq will keep the rate of increase in economic growth over the next five years, while considered that the year 2014 will be a year of investment in the country, called the reliance on the oil as a source of economic and sole. (more…)

Economists attributed the growth of gross domestic product (GDP) in Iraq to the oil activity and of increasing its imports, as well as the contribution of the commercial sector.

This comes at a time when announced the Ministry of Planning in late August that the rate of growth of the Iraqi economy is about 9 percent during the current year.

(more…)

Revenue will reach 812 trillion dinars

The Ministry of Planning, on Monday, for “national development plan for the years 2013 – 2017”, and confirmed that its previous “did not achieve the desired success in the sectors of industry, housing and tourism,” while the Deputy Prime Minister for Energy Affairs Hussain al-Shahristani that the new plan “will focus on Industry mainly instead of oil “, he called on both government officials and private sector to” work together to implement the plan. ” (more…)

:09/14/2013 (00:01 pm) –

Iraq’s per capita income is rising rapidly, but there are a few areas that Iraqis can spending or investment. The reason for this is routine in government departments (bureaucracy). The resulting violence has subsided in recent years to improve the economic prospects, and returned the market ripe for investment. In 2012, per capita income rose from GDP to $ 6.300 after it had only $ 1,300 in 2004. (more…)

August 27, 2013
Planning Ministry announced that “the rate of growth of the Iraqi economy is about 9%,” while economists pointed out that “economic growth came as an inevitable result of the increase in oil production in the country.” (more…)

This article includes adequate answer a question for as long as researchers, planners and economists, to the effect that Iraq is eligible to join the World Trade Organization (WTO)??

Then she shed light on the most prominent advantages of accession, and warns that failure to join would affect the work force Iraqi expatriate estimated at one million and a half million employees in all parts of the world and the potential lack of protection heads of Iraqi funds expatriate and exposure to potential narrow your chances of legal defense of their rights, due to its importance the need arises published (more…)

08/01/2013 12:00 AM

Iraq faces economic challenges were not the result of time, it has resulted in accumulation of previous wars and disasters, as a result of irresponsible policies and undisciplined to the former regime, and the economic blockade suffered by Iraq since 1990, has left those policies deterioration in the situation of cultural and social economic and environmental reflected more or less on the general situation in Iraq and led later to create distortions, including the absence of development plans and paralysis of the private sector and the absence of role in the development process in addition to stop production and dependence on imported what Born economic chaos mayhem in the country. (more…)

Finance Committee: 2016 budget will exceed 188 trillion dinars
30/07/2013

BAGHDAD / JD / .. announced the Finance Committee in the House of Representatives that the 2016 budget will be more than 188 trillion dinars.

Committee member said Magda al-Tamimi told the reporter / JD / within the Committee prepared for the budgets of Iraq strategy for the years 2014, 2015 and 2016 to be identified last year’s budget up to 188 trillion and 188 (more…)

At a time when the Iraqi Prime Minister, Nuri Al Maliki, announces that an Iraqi’s share of the national income has increased from 4 million Dinars in 2009 to 6 million Dinars last year; the Ministry of Planning confirmed that nearly one fifth of the Iraqis live below poverty line. Prime Minister Al Maliki considered that the 5-year plan for 2010 – 2014 was a great success; however a Parliamentary Economic Commission member and other economic experts questioned the accuracy of the numbers given by Al Maliki.

(more…)

BAGHDAD — The Iraqi banking sector is set for significant earnings and asset growth over the next decade driven by a strong macro environment, increasing credit penetration and the improving security situation in the country, a new report released by Sansar Capital Management LLC said.

With the International Monetary Fund (IMF) forecasting Iraq’s GDP to grow at a rate of 9 percent in 2013, the banking sector in particular is expected to maintain steady growth over the next few years, the report said on Thursday. (more…)

06/20/2013 1:50 am

In order to provide jobs for the unemployed outside the framework of the public sector

of things for granted that the absence of the private sector means the absence of creativity and speed of adjustment to market needs and provide employment outside the public sector as well as the lack of competition between the private and public sectors مايؤدي to the continued deterioration of the efficiency of the latter, something which requires government intervention to protect the public sector through financial support and protection policy customs rate of annual support is currently $ 3 billion Mini protect the institutions of productivity inert at the expense of the citizen who finds unchanged compelled to purchase goods and services at a higher price and the quality is poor. (more…)

Adopted Iraq since 2003 policies open and wide around the world and sought to establish the rules of economic and legislative task of working according to the mechanisms of the market system, as it helped mostly on improving trade Iraq for Foreign Affairs, after the economic blockade lasted for more than a decade and odd time led to the marginalization of Iraq on a map of the economic system and the denial of global investment opportunities, progress and development and technological knowledge that should have been appointed to cope with the rapid developments and changes that occurred to the international market and change their competitiveness sharply over the past two decades. (more…)

11/05/2013 12:00 AM

The Chairman of the Securities Commission to the importance of turning the family business into joint-stock companies and the creation of an entity larger able to compete and diversify the productive base and make alliances strategy and achieve competitive advantage of economy of scale and thus reduce costs. (more…)

Iraq’s third poorest Arab country after Yemen and Sudan

05/06/2013

BAGHDAD / JD / .. U.S. magazine developed specialized, Iraq ranked third in the list of the poorest Arab countries, led by the only Yemen and Sudan, noting that Iraq’s per capita GDP is estimated at about $ 4271.

And classified Aljlebl Finance magazine – months global economic magazine published from New York – In its recently released list of per capita GDP for 182 countries. (more…)

28-01-2013 12:22 PM
Free –

UNESCO prepared a study to discuss the reality of investment in the agricultural sector in the country and the possibility of achieving progress in cooperation with the FAO and the Ministry of Agriculture.

The project coordinator confirmed support agricultural employment and growth in Iraq and the Organization of UNESCO Nidal Kazem prepare Organization study to examine the reality of investment in the agricultural sector in collaboration with the Food and Agriculture Organization FAO and the Ministry of Agriculture. (more…)

13-01-2013 11:00 AM

Predicted Iraqi Central Bank Governor Abdul Basit Turki to achieve economic growth rates in the country within nine percent, coinciding with increased rates of oil production and exports, which rose late last year to around three million barrels per day, likely touching Iraq’s financial reserves of 110 billion dollars. (more…)

Announced and the Iraqi Ministry of Planning, Tuesday, they began to implement a survey of poor areas in collaboration with the United Nations and the World Bank is the first of its kind in Iraq and the region.

Indicating that the aim is to provide services to the residents of those spokesman, while confirming the direct build free housing for slum dwellers. (more…)

A report published by the British magazine The Economist concerned to inform policy and Iraq’s economy and business in the seventh sequence Arab world and second after Libya on the list of the fastest ten countries in the world for economic growth in 2013. (more…)

And the independent press – 11/09/2012 – 1:07 pm

BAGHDAD (Iba) … head of the National Investment Commission in Iraq, Sami al-Araji, that Iraq needs a thousand billion dollars in the next ten years to finance the reconstruction of infrastructure and move the economy. (more…)

A resolution on the country’s socio-economic development plan for 2013 that will see growth of 5.5 percent GDP and a 10 percent increase in export turnover was adopted by The National Assembly (NA) on November 8.

Additional targets include reducing trade deficit and maintaining CPI growth of 8 percent. State budget overspending will account for 4.8 percent of GDP, and total social development investment, 30 percent of GDP. (more…)

06/11/2012

BAGHDAD / JD / .. study showed the first of its kind conducted by TNS that the time has come to take advantage of consumer confidence and should marketers understand the motives of a population of 32 million people.

said Steve Hamilton Clark, CEO of TNS Middle East and Africa one of the largest companies marketing research in the world, that he expected Iraq to become the hot zone following business and marketers local deal quickly with the nuances of the market. (more…)