Prime advisers Abadi's: February 12 starting economic strategy

[yota691]

Prime advisers Abadi's (et): February 12 starting economic strategy

By Mohammad Emad 1.31.2015 four twenty-three a.m. | Views: 127

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Brother Sam Mullah

Chairman of the advisers in the Cabinet Thamer Ghadhban that "revealed on 12 February will be launched under the auspices of the Prime Minister Haider al-Abadi" economic strategy. "

And between Ghadhban told (brother) that "there are a lot of services will be given to the private sector within the government program," pointing to the existence of a serious approach to tip the electricity sector and the private sector invested by investment companies. "

"The current pricing of electricity is very low and do not meet the money spent on their generation and must be reconsidered in the collection of electricity prices, but it will be in the coming years."

The President of the advisers in the Council of Ministers on the need to focus on rationalization of energy consumption by the citizen. "

 

[waterman13]

Go IRAQ!, Go Abadi, Go "economic strategy".

Wm13

[tlars brother]

RV well before then....

[yota691]

 

Chairman of the advisers in the Cabinet Thamer Ghadhban

Government launches national strategy to develop and nurture the private sector next month

 

Author: HH 
Editor: AT, HH 31.01.2015 15:33 Number of Views: 224 

 

 

Long-Presse / Baghdad

Announced that the board of advisers in the Iraqi Council of Ministers, on Saturday, announced the launch of a national strategy for the development and care of the private sector by the middle of next February, while confirming that the strategy will include the diversification of income sources and create an Mschmaren the private sector an attractive investment environment, has indicated that it will contribute to the departure State gradually care projects directly.

The head of the board of advisers in the Cabinet Thamer Ghadhban during a joint press conference with Minister of Electricity Qassim Fahdawi ministry building in Baghdad, attended by the (long-Presse), "It will be the national strategy to develop and nurture the private sector in the 12th of the month of February, and under the patronage of Prime launch Cabinet Haider al-Abadi. "

He Ghadhban, that "the strategy will include the diversification of sources of income and stimulate investment and build an attractive investment climate for investors and the private sector, and the simplification of procedures and away the state gradually for care of the projects," asserting that "these fundamental factors will work to achieve and is also present within the government program where a lot of service sectors will be transferred to the private sector. "

He Ghadhban, that "the economic pressures on the resources of the state and the general budget will be a great catalyst for the implementation of the economic and legal reform programs that we have worked on for nearly the past six years."

The representatives of the Iraqi private sector called for in the (9 August 2014), the legislation supporting the laws of this sector, and stressed the lack of workers in this sector to "experience and their need for training," and while criticizing the way the private industrial sector to deal with projects and places of distribution, called Council of Ministers of the private sector not to fear from entering any investment project to compete with "foreign companies" and improve the cultural level of the workers in it.

The National Business Council announced (December 27, 2014), for presenting a working paper to the Economic Committee of the Council of Ministers to support and activate the "private sector" in light of lower oil prices and the financial crisis experienced by the Alarac, and stressed that he aims to be an ally and supporter of the economy Albulad, and as pointed out that the Iraqi economy is suffering "a big blur," It is not a "totalitarian nor free", expressed his willingness to make detailed studies and research for the development of all economic sectors, modernization and advancement.

It is noteworthy that Iraq has witnessed after the 2003 case of openness without restrictions on the world, which led to the dumping of the local market with goods from around the world as well as a decline in domestic production public and private as a result of lawlessness and the scarcity of energy and fuel failed government agencies concerned with the efforts so far, including standardization and quality control and the ministries of environment and health in the face of the flood of shoddy goods, despite the efforts made in this regard.

[new york kevin]

Is this article now indicating that 2/15/15 is the defacto date for the rate?

[moneysoon]

The article looks good every way you look at it. I'm getting excited again...

[mr.unlikely]

2/12/15, fifteen days after passing budget begin implementation, it can be ratified and published in gazette before that but if not, goes into effect after fifteen days. Waiting the full fifteen days IMO buys them some time to get thier Ducks in a row so they can take it to a whole nother level. State banks issuing master cards is one more sign we are going in the right direction. As far as making a big change to the dinar value, your guess is as good as mine.

[yota691]

Planning to adopt economic and administrative reforms

 

 

         

1/2/2015 0:00 

Against the backdrop of budget approval  
 Baghdad Ahmed Abed Rabbo 
plans Ministry of Planning and send mid-February, the current package of economic and administrative reforms to the General Secretariat of the Council of Ministers, while currently working in coordination with the Ministry of Finance to issue instructions and implementation of the items listed in the General Budget Law. 
The director of the Office of the Prime Minister Dr. Mahdi Keywords for "morning": that the ministry is working on a package of administrative and economic reforms will be presented to the Council of Ministers. As explained ministry spokesman Abdul Zahra al-Hindawi's (Center Brief for the Iraqi Media Network) that the Ministry of Planning and Finance will work after the publication of the budget law in the official newspaper of the process of issuing instructions to be executed, adding that the ministry will issue a package of economic laws, including consumer protection and national product and instructions imposed taxes approved in the budget, where it will have a significant impact in strengthening the foundations of the national economy. 
He added that the draft budget need to issue instructions from the Ministry of Planning and Finance to implement many of its provisions, including the establishment of a Higher Council for the reconstruction and the Council of Federal will have future positive effects.

[MyLadiesDaddy]

Wow that sure sounds like a lot more than just making loans to folks.

[JayLay]

Two words for ya... Are Vee!

Edited February 1, 2015 by JayLay

[SnowGlobe7]

ayree arrre veeee!!!

(in my best jamacian accent)

[Laid Back]

Go Economic and Administrative reforms.!!

Go HCL

Go RV

Go $1.13:1

[lillymoon]

Thanks Yota master.

[yota691]

The government is taking the decisions and recommendations in the development of the private sector banks.
Wednesday, December 28 2 / January 2015 15:34

 

 

[baghdad-where]

 

Intergovernmental Economic Commission for Refugees private sector has taken a number of decisions and recommendations on banking business in Iraq.

 

According to a statement today received by all of Iraq [where] a copy of the "Committee held on Tuesday its second meeting under the chairmanship of Deputy Prime Minister example, has typically Nuri Shaways Committee discussed the paper submitted by the Association of Iraqi banks on the development of the private banking sector, as the Economic Commission first initiated in Work on the involvement of the private sector in industrial decision and opinion in economic matters through the involvement of a wide range of non-governmental organizations dealing with the affairs of the private sector in the Economic Commission for the private sector. "

 

Economic Commission for Refugees private sector and stressed "the importance of the banking sector as an artery, which passes through all the economic and financial events, and if I want any country to apply there must be a well-developed banking system."

 

The Committee discussed all the problems and obstacles and solutions facing the banking sector and recommended, including the following, according to a statement:

 

1. reconsider previous resolutions on non-deposit government funds with private banks according to the guidelines issued by the Ministry of Finance in order to restore confidence between the citizen and the banks own building.

 

2. Requiring the state departments to accept certified instruments issued by private banks and its receiving payments of taxes and government fees and restricted accounts stakeholders.

 

3.asamah depositing the salaries of employees and retirees in private banks to be controls the coordination between the Ministry of Finance and the Central Bank of Iraq and the Association of private banks in order to achieve guarantee depositors' rights mechanisms mode.

 

4. launch amounts of appropriations according to the contexts in force in the world and not suspended when Aotakherha support receipt.

 

5. demand from the central bank and the banks and government study the possibility of lending to private banks to finance small projects exclusively.

 

6. the Trade Bank of Iraq to open credit lines with private banks under the supervision of the Central Bank of Iraq.

 

7. activating the role of the financial court, as provided by the Banking Act and not to resort to other courts.

 

8. demand from the central bank to study the possibility to take advantage of the legal reserve for private banks to grant investment loans from the reserve and under the supervision of the Central Bank of Iraq.

 

The statement pointed out that the meeting was attended by "all of the ministers [financial, oil, trade and industry, minerals and Chairman of the National Investment Commission and the Governor of the Central Bank and Chairman of the Securities Commission and Economic Adviser to the Prime Minister and the Director General of the Legal Department of the Office of the Prime Minister and President of the Association of Iraqi banks and the head of Iraqi economists Association Managers two years in the Rafidain and Rasheed and the Iraqi Trade Bank [TBI] and a member of the Iraqi National Business and members of the Iraqi private banks Association Council ".anthy

Read more: http://dinarvets.com/forums/index.php?/topic/195996-the-government-is-taking-the-decisions-and-recommendations-in-the-development-of-the-private-sector-banks/#ixzz3QUXKkrXj

[yota691]

Parliamentary economy held a large economic conference next week

• Agency eighth day
  
• February 1, 2015, 11:57
  
•  
  
• 21 Reading
  

 

BAGHDAD - ((eighth day)) A commission of economy and investment in the House of Representatives, Sunday, that the next week will hold a major economic conference to discuss the economic reality and ways of enhancing it.   The Vice-Chairman of the Committee Harith Al-Harthy said "an important economic conference will be held on the fifth of this month in the presence of senior figures, economic, legal, and investors and businessmen and university professors, experts and world-class economists," pointing out that "the conference will address the discussion of all the obstacles that stand in the Iraqi investment, in addition to a comprehensive plan for Iraq's economy in the coming years. "   Harthy said that "there are many projects earmarked budgets for the development of the private sector as well as factories for agricultural projects that will be activated and sustain, in addition to the development of the tourism sector."   It is said that the Iraqi government has confirmed its intention to move towards investment and development of the private sector in order to cope with the financial crisis and the state of austerity.

[Bunk]

 Thanks Yota !!!  

[Big_J]

YOTA!