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Kuwait calls on countries participating in the conference to rebuild Iraq to fulfill their obligations


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Secretary General of the Council of Ministers: Iraq transformed from totalitarian economy to free economy

 

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Economy News _ Baghdad

The Secretary-General of the Council of Ministers Mahdi Al-Alaq, on Wednesday, the need to reconstruct the health sector in the liberated areas, between Iraq went from the totalitarian economy to the free economy.

 

Al-Aalak said during his presiding over the Iraqi-Kuwaiti workshop to prepare for the International Conference on Iraq Reconstruction and Development scheduled to be held in Kuwait in February next year, according to a statement received by "Economy News" a copy of it, "Iraq cares about the investment aspect and attaches importance to this conference, Iraq went from the totalitarian economy to the free economy, relying on its natural and human potentials in various industrial, agricultural and tourism sectors and its ability to absorb many projects. " 

 

He pointed out that "the keenness of Prime Minister Haider al-Abadi and the Iraqi government to move forward and prepare for the conference, and guide him to form a national team headed by the Secretariat," noting that "the team is working on the completion of another report to survey the damage of the residential sector and relying on special forms and mechanisms adopted in collaboration with the team Hibatat At the United Nations. " 

 

"The damage caused by terrorism in liberated cities and in various sectors and infrastructure, especially the education sector and the government's efforts to cooperate with the United Nations to rehabilitate and build schools," he said.

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  • yota691 changed the title to World Bank: Iraq reconstruction conference will be held on February 12 in Kuwait
  • yota691 changed the title to Al-Aalak: We take pride in Kuwait's initiative to host the International Conference for the Reconstruction of Iraq

Al-Aalak: We take pride in Kuwait's initiative to host the International Conference for the Reconstruction of Iraq

   
 

 
 


07/12/2017 12:00 am 

 The 
Secretary-General of the Council of Ministers, Mahdi Al-Aalak, hailed the role of brotherly and friendly countries and the World Bank in reconstructing the liberated areas and contributing to the completion of reports and the identification of priorities and tracks of reconstruction.
Al-Aalak said during his presiding over the Iraqi-Kuwaiti workshop to prepare for the International Conference on Iraq Reconstruction and Development scheduled to be held in Kuwait in early February 2018. "We affirm Iraq's pride in Kuwait's initiative to nurture and embrace the international conference," he said. The conference, that Iraq went from the totalitarian economy to the free economy, relying on its natural and human potential in various industrial, agricultural and tourism sectors and its ability to absorb a lot of projects. He pointed out that the Prime Minister, Dr. Haider al-Abadi, and the Iraqi government to move forward and prepare for the conference, and guide him to form a national team headed by the Secretariat, "praising" the efforts of all workers to complete the conference. " 
The Secretary-General pointed out that "the team is working on the completion of a report of the survey of the damage of the residential sector, relying on special forms and mechanisms adopted in cooperation with the" Hibatat "in the United Nations," reviewing "the damage caused by terrorism in liberated cities and various sectors and infrastructure, especially the education sector and the government In cooperation with the United Nations for the rehabilitation and construction of schools. " 
"The need to rebuild the health sector and build hospitals and centers for the rehabilitation of the disabled and wounded," he said, recalling "the sacrifices of the Sons of Iraq and the provision of thousands of martyrs who sacrificed themselves and their blood to liberate cities on behalf of the world and humanity." 
 
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Keywords: Kuwait conference an opportunity to launch a large investment program

Al-Liq: Kuwait conference is an opportunity to launch a large investment program
 
 Twilight News    
 
 20 minutes ago
 
 

The Secretary General of the Iraqi Council of Ministers Mehdi Alalak, Thursday, the Iraq reconstruction conference scheduled to be held in Kuwait in mid-February next opportunity to launch a large investment program.

Al-Alak said in a speech at the third session of the preparatory workshop for the conference that "the Iraq reconstruction conference to be held in Kuwait is an opportunity to launch a large investment program prepared by the National Investment Authority in cooperation with the World Bank, for its importance in restoring stability and reconstruction and the return of displaced people, "support for stability and reconstruction and the launch of investment opportunities will be one of the main themes of the conference."

He added that "the Iraqi government has a great humanitarian responsibility in supporting stability and the return of displaced people and reconstruction, especially after the rehabilitation of infrastructure in a number of cities to encourage half of the displaced to return to their residential areas," adding that "preparations are continuing to fulfill the requirements of the Conference and agree on the table In order to complete the completion of the reports in final form thanks to the great coordination with the State of Kuwait, which showed the depth of brotherly ties between the two sister countries. "

 
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  • yota691 changed the title to Kuwait conference an opportunity to launch a large investment program

Secretary General of the Council of Ministers: Kuwait conference an opportunity to launch a large investment program Thursday 07 December 2017 | 14:39 The Secretary-General of the Council of Ministers Dr. Mahdi Al-Alaq said that the reconstruction conference in Iraq scheduled to be held in Kuwait in mid-February next year is an opportunity to launch a large investment program prepared by the National Investment Authority in cooperation with the World Bank for its importance in restoring stability and reconstruction and the return of displaced people. This came during his speech at the third session of the preparatory workshop for the conference, explaining that the support of stability and reconstruction and the launch of investment opportunities will be one of the main axes of the conference. He pointed out that the Iraqi government has a great humanitarian responsibility in supporting stability and the return of displaced people and reconstruction, pointing out the rehabilitation of infrastructure in a number of cities encouraged half of the displaced to return to their areas of residence. The Secretary-General praised the efforts made to prepare reports and statements of solid and objective, prepared by the Iraqi Ministry of Planning in cooperation with the World Bank, including the survey of damage to various sectors in liberated cities. He added that the preparations are continuing to fulfill the requirements of the conference and agree on a timetable to complete the completion of the final reports thanks to the great coordination with the sisterly State of Kuwait, which showed the depth of brotherly ties between the two brotherly countries.

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  • yota691 changed the title to The Secretariat of the Council of Ministers: The launch of investment opportunities will be the most important themes of the Kuwait Conference
 
Thursday, December 7
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Alsumaria News / Baghdad 
announced that the Secretary - General of the Council of Ministers Mahdi Keywords, Thursday, to support stability and reconstruction and the launch of investment opportunities will be one of the most important axes of the Conference on reconstruction in Iraq to be held by the State of Kuwait mid-February, and while noting that the rehabilitation of infrastructure in a number of Cities contributed to encouraging IDPs to return to their areas. 

Al-Aalak said in a speech to the third session of the preparatory workshop for the conference and received, Alsumaria News, a copy, that "the reconstruction conference in Iraq scheduled to be held in Kuwait in mid-February next opportunity to launch a large investment program prepared by the National Investment Commission in cooperation with the bank International, For its importance in the restoration of stability and reconstruction and the return of displaced persons, "explaining that" support for stability and reconstruction and the launch of investment opportunities will be one of the main axes of the conference. "

 

 


"The Iraqi government has a great humanitarian responsibility to support the stability and return of displaced people and reconstruction, especially after the rehabilitation of infrastructure in a number of cities to encourage half of the displaced to return to their areas of residence," he added, praising "the efforts made to prepare reports and solid data And objective by the Ministry of Planning in cooperation with the World Bank, which included the survey of damage to various sectors in liberated cities. 

He added that "preparations are underway to fulfill the requirements of the conference and agree on a timetable to complete the completion of reports in final form thanks to the great coordination with the sisterly State of Kuwait, which showed the depth of brotherly brotherhood between the two sister countries." 

The Fund for the Remediation of Areas Affected by "Terrorism"

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Director of the World Bank Mission in Iraq Yara Salem «Economy News»
 

Economy News Baghdad:

The World Bank mission in Iraq announced that it will provide 2.5 billion dollars to the Iraqi government during the next two years to support the liberated and poor areas, indicating that the debts of the Ministry of Electricity resulting from non-payment of citizens of the wages of the collection of 8 billion dollars.

The Special Representative of the World Bank's mission, Yara Salem in an interview with "Economy News", that there are many obstacles facing the investment environment in Iraq, including the system of governance and issues relating to land ownership of foreign investors and payment of dues private sector, adding that the Iraqi government To resolve these problems and formed special teams including the Secretariat of the Council of Ministers and the Secretariat of Baghdad and the National Investment Commission for that.

She explained that Prime Minister Haider Abadi pays great attention to involving the private sector in the development process and facilitating the work of the private sector to attract vital investments.

She pointed out that the current situation is encouraging for the success of the work of the private sector, especially that the International Donor Conference to be held in Kuwait from February 12 to 14 will accelerate economic reforms by involving the local, Arab and international private sector in the process of building Iraq.

Salem pointed out that the World Bank will provide to Iraq more than 2.5 billion dollars over the next two years to develop infrastructure in the liberated areas as well as poor areas such as Basra, which was indirectly affected by terrorism, explaining that this amount will also contribute to the development of water and sewage network in Baghdad .

The representative of the World Bank in Iraq, the electricity sector needs radical reforms in terms of production and distribution and collection, noting that the debt of citizens due to non-payment of electricity bills estimated at 8 billion dollars, which is a burden on the state treasury, pointing out that there is a need for all Citizens are obliged to pay their dues, which reduces the use of generators because the government does not have the money to deliver services to people.

The privatization of the electricity sector is an option supported by the World Bank. It is a common example in the world. The government should define the type of relationship between the private sector and the public sector, and the picture must be transparent to citizens to understand the privatization process without surprise.

She concluded by saying that there are efforts by the World Bank with the bank of Rashid and Rafidain to improve their work through internal reforms, noting that the Iraqi government is supporting private banks in the development process by granting facilities and guarantees.

 

 

Views 176   Date Added 07/12/2017

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Iraq: the launch of investment opportunities highlights of the conference in Kuwait

DECEMBER 7, 2017 3:05 PM
Iraq: the launch of investment opportunities highlights of the conference in Kuwait
Iraq: the launch of investment opportunities highlights of the conference in Kuwait
 

BAGHDAD / Baghdad - The Secretary General of the Council of Ministers Mahdi Al-Alak, on Thursday, that the launch of investment opportunities will be one of the most important axes of the reconstruction conference in Iraq scheduled to be held in Kuwait mid-February.

Al-Aalak said in a statement issued on the sidelines of the third preparatory workshop of the conference received by the Baghdadiya News, that "the reconstruction conference in Iraq scheduled to be held in Kuwait in mid-February next opportunity to launch a large investment program prepared by the National Investment Commission in cooperation with the World Bank, For its importance in the restoration of stability and reconstruction and the return of displaced persons, as support for stability and reconstruction and the launch of investment opportunities will be one of the main axes of the conference.

He added that "the Iraqi government has a great humanitarian responsibility in supporting stability and the return of displaced people and reconstruction, especially after the rehabilitation of infrastructure in a number of cities to encourage half of the displaced to return to their residential areas," noting that "preparations are continuing to meet the requirements of the conference and agree on the table In order to complete the completion of the reports in final form thanks to the great coordination with the State of Kuwait, which showed the depth of brotherly ties between the two sister countries. "

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  • yota691 changed the title to The conclusion of the preparatory workshop for the conference for the reconstruction and development of Iraq in Kuwait
 
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Economy News _ Baghdad

 

The preparatory workshop for the Iraq Reconstruction Conference in Kuwait concluded on Wednesday, and the participants praised the role and the obvious effort of the Iraqi government and its seriousness in overcoming the current crisis in every possible way.

 

The Cabinet Secretariat said in a statement received by Al-Iktissad News, a copy of it, that "in an international and Arab presence, the Kuwaiti Fund for Arab Economic Development witnessed the culmination of the work on 6-7 December 2017 for the final workshop in preparation for the International Conference, in Kuwait".

 

She added that "the International Conference for the reconstruction of Iraq and the development of Iraq for a post-dodging comes as a fruit of Arab and international cooperation to assume joint responsibility towards the Iraqi people, who pushed terrorism and liberate its territory in succession to regain its place among countries economically and development."

The Secretariat confirmed that "one day the preparation of the final workshop a number of serious discussions on the protocol contexts and regulatory steps, especially with regard to the aspects of money management efforts to restore stability and reconstruction and investment opportunities."

"Following the presentation of studies on the attendees, which included the study of the assessment of damage and needs DNA, prepared by the Iraqi Ministry of Planning in cooperation with the World Bank in addition to a study showed the investment opportunities currently available prepared by the National Investment Commission with the International Finance Corporation of the World Bank, Their views and comments after paying tribute to the clear role and effort of the Iraqi government and its seriousness in overcoming the current crisis in every way possible. "

 

The Secretariat pointed out that "the Iraqi government after the launch of Kuwait international initiative to establish this conference and under the guidance of Prime Minister Haider Abadi, formed the national team for the preparation and follow-up of the Conference and its outputs under the chairmanship of the Secretary-General of the Council of Ministers Mahdi Alalak and the membership of the President of the Advisory Council Abdul Karim Al-Faisal, Mustafa Al-Hiti, Head of the Arab Department of the Ministry of Foreign Affairs, Head of the Iraqi Fund for Foreign Development in the Ministry of Finance and Director of the Office of Information and Government Communication in the General Secretariat of the Council of Ministers. Which ensure optimal organizational preparation for this important conference. "

 

Views 21   Date Added 13/12/2017

 
 
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BAGHDAD / Al-Ghad Press: 
The preparatory workshop for the Iraq Reconstruction Conference in Kuwait concluded on Wednesday, and the attendees praised the role and the obvious effort of the Iraqi government and its seriousness in overcoming the current crisis in every way possible. 
In a statement received by Al-Ghad Press, a copy of which was received by the Kuwaiti Fund for Arab Economic Development, the Kuwaiti Fund for Arab Economic Development concluded the work on 6-7 December 2017 for the closing workshop in the preparations for the international conference scheduled for February 2018. in Kuwait".
She added that "the International Conference for the reconstruction of Iraq and the development of Iraq for a post-dodging comes as a fruit of Arab and international cooperation to assume joint responsibility towards the Iraqi people, who pushed terrorism and liberate its territory in succession to regain its place among countries economically and development." 
The Secretariat confirmed that "one day the preparation of the final workshop a number of serious discussions on the protocol contexts and regulatory steps, especially with regard to the aspects of money management efforts to restore stability and reconstruction and investment opportunities."
"Following the presentation of studies on the attendees, which included the study of the assessment of damage and needs DNA, prepared by the Iraqi Ministry of Planning in cooperation with the World Bank in addition to a study showed the investment opportunities currently available prepared by the National Investment Commission with the International Finance Corporation of the World Bank, Their views and comments after paying tribute to the clear role and effort of the Iraqi government and its seriousness in overcoming the current crisis in every way possible. "
The Secretariat pointed out that "the Iraqi government after the launch of Kuwait international initiative to establish this conference and under the guidance of Prime Minister Haider Abadi, formed the national team for the preparation and follow-up of the Conference and its outputs under the chairmanship of the Secretary-General of the Council of Ministers Mahdi Alalak and the membership of the President of the Advisory Council Abdul Karim Al-Faisal, Mustafa Al-Hiti, Head of the Arab Department of the Ministry of Foreign Affairs, Head of the Iraqi Fund for Foreign Development in the Ministry of Finance and Director of the Office of Information and Government Communication in the General Secretariat of the Council of Ministers. Which ensure optimal organizational preparation for this important conference. "
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Conclusion of the preparatory workshop for the Iraq reconstruction conference in Kuwait

   
 

 
 


14/12/2017 12:00 am 

Baghdad / Al-Sabah

The Council of Ministers announced the conclusion of the preparatory workshop for the International Conference for the Reconstruction and Development of Iraq, scheduled for February 2018 in Kuwait, noting that the attendees praised the role and effort of the Iraqi government and its seriousness in overcoming the current crisis.

"The Kuwait Fund for Arab Economic Development has witnessed a remarkable international and Arab presence in the culmination of the 6th and 7th of this month's closing ceremony, as part of preparations for the International Conference for the Reconstruction and Development of Iraq for a period after the organization of a terrorist advocate," the statement said. , Which is expected to be held in February 2018 in Kuwait, "adding that" the international conference comes as a fruit of Arab and international cooperation to assume joint responsibility towards the Iraqi people, which defeated terrorism and liberate its territory in succession to regain its place among countries economically and development.
"The preparatory day of the closing workshop witnessed a number of serious discussions on protocol contexts and organizational steps, particularly with regard to the aspects of managing funds for the efforts of restoring stability, reconstruction and investment opportunities. After presenting the studies to the attendees, which included the study of the assessment of damages and needs, By the Iraqi Ministry of Planning in cooperation with the World Bank, in addition to a study showed the investment opportunities currently available prepared by the National Investment Commission with the International Finance Organization of the World Bank, "noting that" the attendees expressed their views and exclaim After paying tribute to the clear role and effort of the Iraqi government and its seriousness in overcoming the current crisis in every way possible. " 

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The Kuwait Fund for Arab Economic Development (KFAED) held a closing ceremony on the 6th and 7th of this month for the closing workshop in the preparations for the international conference which is scheduled to be held in February 2018 in Kuwait. The International Conference for the Reconstruction of Iraq and the Development of Iraq for a post-conflict period comes as a fruit of Arab and international cooperation to assume joint responsibility towards the Iraqi people, which pushed terrorism and liberate its territory in succession to regain its place among countries economically and developmentally.
The preparation of the final workshop has witnessed a number of serious discussions on protocol contexts and organizational steps, especially with regard to the aspects of money management for efforts to restore stability, reconstruction and investment opportunities. After presenting the studies to the attendees, which included the study of damage assessment and needs DNA, prepared by the Iraqi Ministry of Planning in cooperation with the World Bank, in addition to a study showed the investment opportunities currently available prepared by the National Investment Authority with the International Finance Corporation of the World Bank, the participants expressed their views and comments After paying tribute to the clear role and effort of the Iraqi government and its seriousness in overcoming the current crisis in every way possible.
The Iraqi government after the launch of an international initiative Kuwait to establish this conference and under the guidance of Prime Minister Dr. Haidar al-Abadi, formed the national team for the preparation and follow-up of the conference and its outputs under the chairmanship of the Secretary-General of the Council of Ministers d. Mahdi Al-Alak and membership of the Chairman of the Advisory Board d. Abdul Karim Al-Faisal, Chairman of the Reconstruction Fund for the areas affected by terrorist operations d. The head of the Arab Department in the Ministry of Foreign Affairs and the head of the Iraqi Fund for Foreign Development in the Ministry of Finance and the Director of the Office of Information and Government Communication in the General Secretariat of the Council of Ministers.

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  • yota691 changed the title to Kuwait Conference for the Reconstruction of Iraq

Kuwait Conference for the Reconstruction of Iraq

   
 

 

Yasser Al-Metwally 


18/12/2017 12:00 AM

Kuwait is expected to attend an international conference on the reconstruction of Iraq, especially the liberated areas that have been affected by the "aggression" of the terrorist in the first half of February 
2018. 
The conference will be attended by several countries that are supposed to contribute to support the Fund, For the conference preparations and preparations for the outcome of serving the reconstruction process. 
And we are on the threshold of 2018, the preparations must be focused on the prioritization of projects and distribution of fair distribution between cities and according to the proportion of damage, which is not hidden on the parties that are managing the fund  
certainly.
But important in the preparations process selection of relevant and high level of competence and experience for successful negotiation leading to the proper implementation of the real needs and necessary to restore life to the affected areas, especially infrastructure projects of importance in the concentration of projects and their useful life to be housing projects and housing And its priority services to reduce the cost of  
displaced persons. 
All agreed that the Kuwait Conference is the golden opportunity to support the epic of reconstruction and construction on it. The representation of the participating delegations must be highly experienced, as mentioned above, and up to the size and importance of the task and the ability to negotiate equally and up to the size and importance of the mission  
.
And signals and messages we read between the lines of statements by officials of the World Bank mission that the involvement of the private sector, local, Arab and foreign and civil society organizations also in the conference and reconstruction of Iraq, for this must be the selection of representatives of the private sector and Iraqi private companies and representatives of civil society economic organizations With a high level of experience, knowledge and 
successful experience  
In addition, we look forward to the reconstruction and construction of cities of the highest level, which amounts to the status of Iraq and  
its civilization. 
Since Iraq has defended all humanity in fighting the unjust Takfiri thought, the countries of the world must provide support to Iraq that amounts to the sacrifices of its people and that the donor countries take this into consideration.
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GMT 7:13 2017 Wednesday, December 20 : Last Updated

Depend on it to achieve positive results for its economy

Kuwait organizes global economic forum in March

Elaf journalists

  • kuna.jpg
    Ali Mohammed Alghanim
 

Kuwait will hold a three-month economic forum under the patronage of the Emir of the country, which will be based on showing the advantages enjoyed by Kuwaiti companies and institutions by international agencies, which is expected to be positively reflected on the Kuwaiti economy.

Kuwait Chamber of Commerce and Industry (KCCI) said that the Chamber will hold a global economic forum in March in cooperation with the Ministry of Commerce and Industry and the Foreign Investment Authority to show the advantages of Kuwaiti institutions by international agencies.

Global Ratings
Ali Mohammed Al Ghanim said on Monday that positive global ratings for many Kuwaiti institutions, especially banks, reflect Kuwait's distinctive economic situation.

Al-Ghanim pointed to Kuwait's economic situation with the new laws and the government's support and cooperation with the private sector in relation to foreign investments, quoting Kuwait News Agency.

Chairman of Kuwait Chamber of Commerce and Industry stressed that the economic situation in Kuwait has become distinctive, which is shown by the classification of international institutions for many Kuwaiti institutions, especially banks.

Al-Ghanim said in a press statement following his meeting with the Minister of Commerce and Industry and Minister of State for Youth Affairs Khalid Nasser Al-Roudhan with the Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah on Monday and sponsored him at Al-Seef Palace that most of the Kuwaiti banks as well as many economic companies and the contribution has a special classification compared to many organizations And other banks at the regional level.

In
this context, it was agreed at the Kuwait Chamber of Commerce and Industry with the Ministry of Commerce and the Foreign Investment Authority to establish a global economic conference in Kuwait to highlight these advantages enjoyed by those Kuwaiti institutions by international institutions.

He pointed to Kuwait's economic situation with the new laws and the government's support and cooperation with the private sector, especially with regard to foreign investments, indicating that it was in this sense today we met with the Minister of Trade and Chairman of the Investment Authority, Dr. Meshaal Al-Jaber.

Al-Ghanim stressed that the Emir of Kuwait is enthusiastic about this issue as the conference will include his sponsorship and his presence next year, expressing the hope that the conference to be held will have positive results for the Kuwaiti economy.

Minister of State for Youth Affairs Khaled Nasser Al-Roudhan said in a similar statement that the patronage of the forum is planned to be held in March next year.

"Today, we listened to His Highness's advice and keen interest in transforming Kuwait into a financial and economic center and paying special attention to this forum, which I think is an excellent opportunity to be held at this time in a specific way," he added.

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http://www.almaalomah.com/2017.....20/265897/

Advisor Abbadi: half a billion dollars the value of emergency grants for liberated areas


09:21 - 20/12/2017
 
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The economic adviser to the Prime Minister announced the appearance of Mohammed Saleh on Wednesday that the amount of emergency grants provided by the friendly countries and the World Bank to restore stability in the liberated areas amounted to 500 million dollars, while the donor conference to be held in Kuwait in February will discuss the reconstruction of these areas through two tracks .

"There are two funds for the reconstruction of the areas affected by the first terrorism, which is concerned with the restoration of stability in the liberated areas, funded by donors and the government, and the second is the fund for the reconstruction of the areas affected by terrorism," Saleh said in an interview with Al-Sabah newspaper. "They work together with grants and short and short term loans to secure the return of displaced people by providing water, electricity, health, schools, security and mine clearance services."

Saleh added that "the ceiling of emergency grants to return these services to these areas amounted to about 500 million dollars. Saleh addressed the donors conference to be held in Kuwait in February next year, which will discuss the reconstruction of these areas through two tracks, the first through grants and loans that To Iraq through the international community, and the second through investment, which must be contributed by the private sector, whether local or global. "

He pointed out that "there are studies limiting the damage in those areas and set a ten-year plan to bring it back to what it was in the past after the provision of the required funds," pointing out that "Iraq relies on this conference in the reconstruction of its areas, especially from the international community, which we hope to come in construction and reconstruction "The private sector in these regions is positively different from all previous years."

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Alaq discusses the latest preparations for the Kuwait conference

   
 

 
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Author: Al-Sabah

21/12/2017 12:00 AM

 BAGHDAD / Sabah - 
Secretary-General of the Council of Ministers, Dr. Mahdi Al-Alaq, held a meeting of the national team to prepare for the Kuwait conference to discuss the latest steps and preparations for the conference. 
The meeting was attended by the Governor of the Central Bank Ali Mohsen Ismail, the Head of the Reconstruction Fund for the Affected Areas Mustafa Al-Hiti, the Chairman of the Advisory Council Abdul Karim Hassan, the Foreign Ministry Representative Ambassador Saad Mohammad Reza and the President of the Iraqi Fund for Foreign Development Hussein Jaber Abdul Hamid, Director of the Office of Information and Communication Government Yusra Karim Mohsen, and the Fund for Reconstruction of the affected areas, Yasmin  
Jamal.
The Secretary-General of the Council of Ministers reviewed the most important paragraphs of the Working Group to the conference, namely the study of the full damage to the liberated areas, to urge international grants, study investment opportunities to be presented by the Investment Authority and study the issue of the private sector and other aspects related to the economic development of the country. 
He pointed out that the World Bank, which supports Iraq at this conference, will hand over the analytical study on the damage to the national team on January 7 next year, confirming a later date for another technical meeting in the presence of the Chairman of the Investment Authority to review the most important investment opportunities possible at the conference. 
The Secretary-General pointed out that the conference will witness a great presence of international and regional companies and the participation of Iraqi businessmen.
For his part, the governor of the Central Bank stressed the need to manage the funds and how to achieve justice in the disbursement of grants, and how to invest in the event the government decided to transfer some of the affected sites and public facilities on investment, stressing that the plan must include solid and convincing ways to win the trust of the world and donor countries.
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  • yota691 changed the title to Alaq discusses with the World Bank the executive procedures to facilitate the investment process
 
4433.jpg
 

Economy News _ Baghdad

 

Secretary General of the Council of Ministers Mehdi Alalak with the World Bank team, the paper prepared by the bank to be presented at the Iraq Reconstruction Conference in Kuwait.

 

The Secretary-General of the Council of Ministers discussed with the Executive Director of the World Bank and the Dean of its Board of Directors and the representative of Iraq in the Bank Dr. Mirza Hussein, the paper prepared by the bank to be presented at the Conference on the reconstruction of Iraq in Kuwait, "The parallel line for the reconstruction of the affected areas and the opening of investment represents a new approach, and Iraq insists on achieving," adding that "a major challenge, but it represents a set of treatments for the problems of disruption of the investment process in Iraq."

 

He pointed out that "Iraq has gone in the direction of opening the door to foreign investors, and give them high degrees of credibility."

 

For his part, the team of the World Bank the need to develop new tools for the investor, and show flexibility by the Iraqi government, and facilitate the process of preparing investment papers for those interested.

 

The Secretary-General of the Council of Ministers thanked the Panel for his efforts in producing a paper on the problems facing Iraq in the context of opening the door to investment for many sectors and projects in the next phase.

 

Views 22   Date Added 21/12/2017

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Economy News _ Baghdad

 

The Secretary-General of the Council of Ministers d. Mahdi Alalak, on Thursday, one of the most important elements to stimulate the economy in the country and the transformation to the private sector, activating the social security of workers, which will contribute significantly to attract youth and absorb unemployment.

A statement by the Information Office of the Secretary-General of the Council of Ministers, received by "Economy News" a copy, that "the relationship held a meeting in the Secretariat building in the presence of the President of the National Investment Commission and representatives of ministries (finance, reconstruction, housing and public municipalities) and the World Bank, in addition to representatives of the private sector of businessmen and investors Iraqis to cooperate in the development of a package of government measures address the challenges facing the work of the private sector and affect the movement of the economy in Iraq and the possibility of making recommendations contribute to remove all obstacles on the part and reform of legislation on the other.

He called on the private sector to find partnerships or coalitions to expand the business in preparation for entry into the global market within the future vision of the government in the transformation of the private sector.

He pointed out that "one of the most important elements to stimulate the economy in the country and the transformation to the private sector, activating the social security of workers, which will contribute significantly to attract youth and absorb unemployment, and create cadres to lead the leadership of this sector to build an independent institution contribute to the construction of the Iraqi state, Reconstruction of the country. "

He pointed out that "investment projects are the main axes of the Kuwait conference to be held in February next year, and the Iraqi delegation will reflect the reality of the labor market and the image of supervising businessmen through the creation of an investment environment."

He added that "representatives of the private sector have submitted a set of proposals, including the activation of the Charter of the work of the sector signed in 2015."

 

 

 

Views 34   Date Added 21/12/2017

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  • yota691 changed the title to The World Bank is ready to develop Iraq’s economy
 
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Prime Minister Dr. Haider Al-Abbadi received on Wednesday the Executive Director of the World Bank in the Arab Region Dr. Mirza Hassan and his accompanying delegation.
His Excellency welcomed the delegation and praised the great efforts made by the Bank to promote the development process in Iraq and to proceed with economic reform measures.
Dr. Haider Al-Abbadi pointed to the government’s determination to continue supporting the private sector and providing the enabling environment, which raises the level of its performance and its participation in economic activity.
For his part, Mr. Mirza praised the victories achieved by Iraq in the eradication of terrorism, noting that the management of the World Bank is proud of the achievements of the Iraqi forces of a great victory was the wisdom of Dr. Haider Abadi, the major role in the achievement.
Mr. Mirza stressed the readiness of the World Bank to support Iraq more than ever, in order to achieve further economic and development development.
Dr. Haider Al-Abbadi pointed to the important role of the World Bank in preparation for the International Conference on Reconstruction in Kuwait, stressing the importance of this conference, especially in the launch of major investment opportunities, as well as reconstruction projects.

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The World Bank confirms its support for Iraq more than ever

Date of release:: 2017/12/20 21:30 • 323 times scheduled
The World Bank confirms its support for Iraq more than ever
(Baghdad: Al-Furat News) The World Bank's Executive Director in the Arab Region Mirza Hassan affirmed the readiness of the World Bank to support Iraq more than ever before in order to achieve further economic and development development.
"Prime Minister Haider al-Abadi received at his office in Baghdad on Wednesday evening the Executive Director of the World Bank in the Arab region Mirza Hassan and his accompanying delegation," a statement issued by the prime minister said. 
Abadi welcomed the delegation and praised the efforts exerted by the Bank to promote the development process in Iraq and to proceed with economic reform measures. 
"The government intends to continue supporting the private sector and providing an enabling environment to increase its performance and participation in economic activity," he said. 
For his part, Hassan praised the "victories achieved by Iraq in the elimination of a supporter," noting that "the management of the World Bank is proud of the achievements of the Iraqi forces of a major victory was the wisdom of Abadi the major role in the achievement."
"The important role of the World Bank in preparing for the International Conference on Reconstruction in Kuwait," Abbadi stressed, "the importance of this conference, especially in the launch of major investment opportunities, as well as reconstruction projects."
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Alaq calls for a package of government measures to address the problems of the private sector

 

 From 2017-12-21 at 12:01 (Baghdad time)

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 Baghdad Mawazine News

The Secretary-General of the Council of Ministers, Mahdi Al-Alak, called on Thursday for a package of government measures to address the challenges facing the private sector's work, stressing the importance of finding partnerships or alliances to expand the business in preparation for entering the global market.

In a statement to the Information Office of the Secretary-General of the Council of Ministers, Mawazine News received a copy of the statement that "Al-Alaq held a meeting in the Secretariat building in the presence of the Chairman of the National Investment Authority and representatives of ministries (Finance, Construction, Housing and Public Municipalities), the World Bank and private sector representatives Iraqis to cooperate in the development of a package of government measures address the challenges facing the work of the private sector and affect the movement of the economy in Iraq and the possibility of making recommendations contribute to remove all obstacles on the part and reform of legislation on the other.

He pointed out by the statement that "one of the most important elements to stimulate the economy in the country and the transition to the private sector, activating the social security of workers, which will contribute significantly to attract youth and absorb unemployment, and create cadres to lead the leadership of this sector to build an independent institution that contributes to the building of the Iraqi state, The next phase of the reconstruction of the country. "

He pointed out that "investment projects are the main axes of the Kuwait conference to be held in February next year, and the Iraqi delegation will reflect the reality of the labor market and the image of supervising businessmen through the creation of an investment environment."

He added that "representatives of the private sector have submitted a set of proposals, including the activation of a charter of action for the sector signed in the year 2015."

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Iraqi official: Kuwait hosts donor conference to reflect its active role in the region Kuwait  News Agency (KUNA) 21/12/2017 Gulf News BAGHDAD, Dec 21 (KUNA) - Iraqi Vice President Osama al-Nujaifi said on Thursday that Kuwait's hosting of the donor conference for the reconstruction of the liberated areas of the so-called Islamic State Organization early next year reflects Kuwait's active role in the region. Al-Nujaifi stressed during his meeting with Kuwait's Ambassador to Iraq Salem Al-Zamanan that efforts should be made to make the Kuwait conference a success, stressing at the same time that it will contribute to the development of fraternal relations between the two countries and reflects Kuwait's keenness and active role in the region. Al-Nujaifi reviewed the bilateral relations and a series of files of mutual interest. He also presented his vision of the political scene and its reflection on the upcoming elections in Iraq and the required procedures and mechanisms to reach a successful implementation that is in line with the objective. On the crisis with the Kurdistan region Nujaifi stressed the need to address the crisis through an open dialogue because its continuation does not serve the region in particular and Iraq in general. On the Reality of the City of Mosul, Nujaifi presented the reality of the city after the liberation from the organization (Daash), stressing the urgent need for reconstruction and the return of the displaced person and to and address the political, social and economic conditions. Kuwait is scheduled to host the donor conference for the reconstruction of the liberated areas of Da'sh, with the participation of a number of donor countries and international and regional organizations.

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The Investment Authority is Preparing 40 Projects Within The "Reconstruction Of Iraq" and The World Bank Rejected 35 of Them

 

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A source in the Investment Authority, on Thursday, the preparation of 40 investment opportunities huge in Baghdad and the provinces will be presented by the Commission during the International Conference for the reconstruction of Iraq, while the World Bank rejected 35 projects of those projects.

The source said that "the Chairman of the Investment Authority Sami Araji, has prepared 40 projects to be submitted to the major investors and international companies that will participate in the International Conference for the reconstruction of Iraq to be held in February in Kuwait, the most prominent of which is the Baghdad Metro project, petrochemical plants in Diwaniyah and Diyala, and railway projects Between Baghdad and Basra, Basra and Kut Diyala. "

He added that "the World Bank after the study of projects objected to 35 projects, as projects between ministries and can not invest in them unless the government disassociated from the ministries, and facilitate the granting to investors without bureaucracy and administrative reviews."

He pointed out that "the World Bank is afraid of the phenomenon of extortion of investors, as happened in the years 2010 to 2013," stressing that "the Council of Ministers facilitate the disengagement before the International Conference."

 

http://economiciraq.com/2017/12/22/هيئة-الاستثمار-تعدّ-40-مشروعا-ضمن-إعمار/

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World Bank on Iraq to Develop New Tools for Investors
 
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The Secretary-General of the Council of Ministers Mahdi Al-Alaq discussed with a delegation from the World Bank a paper prepared by the bank, which is to be presented at the Conference on the reconstruction of Iraq in Kuwait.

"The parallel line for the reconstruction of the affected areas and the opening of investment is a new approach, which Iraq insists on achieving," he said.

"It is a big challenge, but it represents a set of treatments for the problems of the investment process in Iraq."

He pointed out that Iraq is moving in the direction of opening the door to foreign investors, and give them high degrees of credibility.

For his part, the World Bank team stressed the need to develop new tools for the investor, and show flexibility by the Iraqi government, and facilitate the process of preparing investment papers for those interested.

The Secretary-General of the Council of Ministers thanked the Panel for its efforts in making a paper on the problems facing Iraq in the context of opening the door to investment for many sectors and projects in the next phase "

http://economiciraq.com/2017/12/21/البنك-الدولي-يدعو-العراق-لوضع-أدوات-جد/

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  • yota691 changed the title to Kuwait calls on countries participating in the conference to rebuild Iraq to fulfill their obligations
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