World Bank: Economic situation in Iraq is getting better soon

[yota691]

World Bank: Economic situation in Iraq is getting better soon

 

 

         

1/2/2015 0:00 

A planned visit by its delegations to assist in the financial crisis 
 BAGHDAD - morning 
predicted the World Bank improved economic situation in Iraq in the next few stage, while the government's media office of the Prime Minister revealed the anticipated visits to the delegations from the World Bank to Baghdad to support Iraq in the face of the financial and economic its crises. 
He said the country director of the bank in Iraq, Robert quality PU, in a statement singled out the "morning", said the bank is now working with the government within the strategy that have been created in partnership with them to help in a number of projects in order to provide better services to the people in the field of electricity, water, roads and advisory services. 
He said the project is with the ministries concerned, stressing that these projects will help to create new jobs as well as help the government in the field of investment development. 
hinted Abu quality that the economic situation could be improved in the next few stage, despite the correlation of this improvement rising world oil prices. 
In addition, the Information Office revealed the government of Prime Minister for a planned visits to the delegations from the World Bank to Baghdad to support Iraq in the face of the financial and economic its crises, while stressing the government to take immediate and strategic measures to address the budget deficit. 
He said government spokesman Saad al-Hadithi "morning": The delegations of experts and representatives from the World Bank Baghdad will visit soon to provide support for Iraq and coordination with the government to develop a perception of a strategy to restructure the economy and the development of the private sector and encouraging investment to cope with the financial and economic crisis. 
He said Sabri said that "the Prime Minister, during his recent interview of Switzerland called on the international community to provide more support for Iraq and the continuation of talks between the leaders of and the men of the economy and the formulation of a common vision and a course of action in Baghdad also held talks with the World Bank director, who has expressed willingness to send delegations and specialized agencies to assist the government to carry out economic and financial reforms and private sector development ». 
and on the government's processors to meet the deficit, newborn for the government to take measures to detect the Moi point deficit including real-time, including the strategy, noting that of 25 trillion dinars deficit could be described as "not a big» under the new speculative price you put the barrel of oil, expected to decline with the return of high oil prices, the middle of this year. 
The newborn: that "Among those measures activation of investment, agriculture, industry and the private sector sector, as a committee was formed to monitor the priorities of exchange and identify the doors of government exchange where will emerge by sub-committees to study the pressure expenses and address the doors of government spending, as the central bank stood ready to supplement the industrial and agricultural banks with loans to support those sectors, in addition to the development of the sector tax after sending the Income Tax Act and ensure that no damage poor classes and the imposition of fees and tariffs to increase imports ». 
He stated that the government is working to support the investment sector and encourage according to the program through the creation of safeguards and legislation serve investors and reduce the red tape and bureaucracy and corruption to attract companies and investors and restructure the Iraqi banking sector .

[kwg]

Nice Yota!! +1

[v-star 650]

wonder  if  they are  talking about  the  billions   in  cash  they are about too  loan  Iraq ?   or  will they  offer  a  nod  of the head  ,  and give  the dinar  a  go ,  for  a  value  rise ?     interesting        thanks  yota

[Rockymtnhi]

Dare say, billions won't cut it.  Try Trillions.

[yota691]

This is were they get approved for a Fifty year note...wait for it   

[captl1]

Thanks Yota!

[lillymoon]

THANKS.

[Big_J]

OK! LET'S GO! Thanx YOTA.

[yota691]

World Bank: Iraq's economy will improve in the coming period

By Adminsa 02/01/2015 11:40 a.m. | Views: 87

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Brother - Baghdad

The World Bank predicted, Sunday, the economic situation in Iraq has improved over the next few stage, as revealed for the creation of several projects in partnership with the Iraqi government will promote the country's development in the field of investment.

 

He said the country director for the bank in Iraq Robert Poe quality, in an interview to the official morning newspaper, and I followed for News Agency (et) that the bank is now working with the government within the strategy that have been created in partnership with them to help in a number of projects in order to provide better services to the people in the field of electricity and water and roads and advisory services. "

 

He continued that "the project is with the relevant ministries," he said. "These projects will help create new jobs as well as help the government in the field of investment development."

 

 

He predicted that Abu quality is "improving the economic situation over the next few stage, although this improvement link up world oil prices."

 

The World Bank is expected to improve the economic situation of Iraq over the next few stage

 

Sunday February 1, 2015 09:33

 

 

 

 

         

 

 

 

Alsumaria News / Baghdad 
predicted the World Bank , Sunday, improved economic situation in Iraq in the next few stage, as revealed for the creation of several projects in partnership with the Iraqi government will promote the country in the field of investment development. He said the country director for the bank in Iraq Robert Poe quality, in an interview to the newspaper Official morning, and seen by "Alsumaria News", the bank is now working with the government within the strategy that have been created in partnership with them to help in a number of projects in order to provide better services to the people in the field of electricity, water, roads and advisory services. "

 

He continued that "the project is with the relevant ministries," he said. "These projects will help create new jobs as well as help the government in the field of investment development." He predicted Abu quality that is "improving economic status over the next few stage, despite the correlation of this improvement by high oil prices World. " It is noteworthy that the prime minister Haider al-Abadi stressed, in November 10, 2014, the hoped the role of the World Bank in achieving what aspire to him the government in its shift towards the private sector and encourage investment movement, noting the Executive Director of the Bank Mirza Hassan to the readiness of the Bank International support for the development process in Iraq. It is noteworthy that global oil prices have seen a significant decrease is the first of its kind in five years, causing damage to many countries, including Iraq.

[waterman13]

I'm really liking all these banking and economic articles coming out. Right after the budget passed, BOOM, a plethora of articles about banking, credit cards, credit swaps, economic strategies, taxes,  etc.

Love it.

Wm13