Abadi Office: America will support Iraq through the International Monetary Fund and the World Bank

[yota691]

Chairman of the Iraqi Business Council in Amman calls to speed up the opening Trebil border crossing

By aq -

March 10, 2017

 

 

Treasures Media / Baghdad 
called on the head of the Iraqi Business Council in Amman Dr. Majid al - Saadi to speed up the opening Trebil border crossing between Jordan and Iraq. 
He said during a meeting with the Board The Board of Directors of the IMF mission to Iraq in the capital Amman , said the reopening of Trebil will help revive the economy of the two brotherly countries and will re - activate trade movement which fell much since closed. 
Saadi said that the meeting was part of the agreement between the International Monetary Fund and the Council to hold consultative meetings and periodically between the two sides stand on the economic developments in Iraq and the projects that are implemented and revenues, indicating faced by the private sector of the obstacles in the field of financing and implementation of projects. 
According to a statement of the Council today questioned Saadi during the meeting which was attended by representatives of economic organizations and Iraqi businessmen about the possibilities that will increase Iraq 's state revenues, including direct taxes and indirect taxes such as taxes on non - oil products. 
Turning to the arrears Iraqi companies and big damage to the private sector businessmen, companies and contractors and dealers who have fulfilled their contractual obligations have not been paying their dues and in particular that 90% of them have financed the business of loans and facilities. 
He stressed that the Iraqi private sector can no longer fulfill such a deficit for the State of Iraq fulfill its obligations obligations, as they can no longer continue the completion of the remaining projects themselves, explaining that the Stand -By Agreement with Iraq will contribute to the rescue of the private sector. 
In turn, the Head of Mission of Iraq to the IMF Christian Gus pointed to the need to amend customs duties imposed by the State of Iraq for up to 30% instead of 5 and 10% currently that, asserting that the increase in revenue comes from the organizing unit tax Almklvih that will bring in large revenues in terms imposed on a slide traders grown ups. 
He stressed the need to stop employment in the government sector , which suffers slack administrative, noting that the high proportion of Iraqi staff in the civil service was a way to please others and employment without regard to efficiency. 
He stressed the need to ration support for the Iraqis and limited to poor families and the reduction of subsidies for petroleum products due to decline in prices globally and its impacts on prices , the local Iraqi market, with re - considered if oil prices rose.

He noted Jos during the meeting, noted that the business environment in Iraq is the most complex than other countries due to the lack of security and the weakness of the banking sector Alaraca.msheera to the need to help the Iraqi government to the private sector and the payment of overdue receivables. 
The meeting was attended by the Resident Representative of the IMF mission to Iraq and Yemen Marwa Alencah and Vice Chairman of the Iraqi Business Council and the secretary Saad Naji and members of Mackie winner and Mohammed Jawad al - Jubouri and enact Khafaji and head of the Iraqi Economic Council , Ibrahim al - Baghdadi , the head of the Union of Iraqi contractors luxury Snava, and a crowd of business members of the council men.

[blueskyline]

Thank You Yota . GM DV's

[yota691]

Saadi calls for rapid opening Trebil border crossing

 

10-03-2017 02:47 PM 

 

The head of the Iraqi Business Council in Amman Dr. Majid al - Saadi to speed up the opening of the Trebil border crossing between Jordan and Iraq. 

Saadi stressed during a meeting with the Board The Board of Directors of the IMF mission to Iraq in the capital of Oman, to re - open the Trebil will help revive the economy of the two brotherly countries and will re - activate trade movement which fell much since closed. 

Saadi said that the meeting was part of the agreement between the International Monetary Fund and the Council to hold consultative meetings and periodically between the two sides stand on the economic developments in Iraq, and projects that are implemented and revenues.

 

[yota691]

Discuss loans and reimburse contractors

 

 

3/13/2017 0:24  BAGHDAD / Hussein Tgb   Mustafa al - Hashimi  discussed by representatives of the team and the International Monetary Fund approval of the International Monetary Fund for a loan to Iraq in order to pay arrears to contractors, processors and farmers , and reimbursed by the government and the ways to solve this problem of the private sector.  He asked the Deputy Chairman of the International Monetary Fund for the Middle East and Asia Christian coconut at the beginning to talk about the possibilities that will increase state revenues, including the direct and indirect taxes and activation of taxes on non - oil products.  A coconut: Previously tariffs ranging from 5 to 10 percent, and this is not the correct way in which customs revenue gathering, stressing the need to change this method to reach 30 percent, indicating that the fastest gains and revenue comes from the organizing unit tax Almklvih This is achieved substantial revenue where imposed on a slide traders   adults.  He said it is necessary to freeze hiring until the development of the administration, because the high rate of staff in the civil service was a way to please others and employment without regard to efficiency, this system will lead to a deficit over the next 10 years, indicating the importance that the ration support to the poor is limited, saying either for the business environment in Iraq , it is more complicated for other countries and is slowing due to the lack of security and inadequate electricity and not to collect the dues and fulfilled.  He pointed to the problem of the weakness of the banking sector and the importance of strengthening the business through the Rafidain and Rasheed structuring and wide open space in front of the private banks, with the need to assess the weaknesses and the correct foundations for combating money laundering, as it can resort to the Integrity Commission and to specialized organizations such as the IFC.  Coconut called on the government to help the private sector and the payment of overdue receivables , referring to a report in Arabic and English on the IMF website entitled (What is the strategy to address the arrears to global oil and gas Basra, the Ministry of Commerce for procurement of wheat and the electricity sector , in addition to the dues in arrears Contractors).  He stressed the need for scrutiny and ensure its legitimacy first, and what the government should do as there are 4 billion requires repayment terms will be paid two billion dinars of the loan and the government pays billion order to ensure the receipt of each contractor 50 percent during 2017 and the remainder by 2018.  He praised the nut at the end of his speech to the progress made by the Office of Financial Supervision in auditing transactions that have not been audited two months ago during a meeting in Baku.  The participants discussed the points that contribute to the upgrading of the economy and how to conduct business compared to last year expressing their visions gesture to the economy recovers note that the IMF does not support the existence of two prices for the disbursement of the dollar, and that taxes must be increased by 30 percent as the Fund point to exempt Jordan of this tax on Iran imported materials as well as Turkey and how to increase state revenues.  He spoke Ibrahim al - Baghdadi , in his intervention the meeting confirming the presence of positive aspects in the economy , saying that Iraq has begun levied tariffs which has doubled its resources in some ports and customs points to Aktrmen 30 times, and continued: For example, the Customs yellowish center now levied Daily billion dinars at a time which was the total levied entire month just to exceed the 700 million dinars.  Baghdadi pointed out that the collection of electricity in Iraq nearly doubled to 20 times, and the Ministry of Electricity has referred the collection of fees for electric power companies, under the investment contract, has started to show positive results clearly. He stressed that the payment of dues wheel will move the market and addresses the weakness of liquidity in the markets , which affected the per capita income and small business level.  Then speaker of the Federation of Iraqi contractors Snava sprayed arrears of transactions , which have been audited by the Audit Court, noting that the CCC includes 34,000 contractor in the whole of Iraq, and that a large part of their suffering occurring in tax settling accounts phase because the amount of the tax deduction reserved the The provincial tax departments demanding these amounts for the purpose of completing the tax settling accounts.  For its part the economic researcher Lubna al - Shammari stressed the importance of speeding up the implementation of reforms as they have a clear impact in the economy and supports opportunities to enhance infrastructure.  He said al - Shammari said in an interview for "morning" that the reform of the banking sector as a priority is a gateway to enter the diversified investments to Iraq, noting that the reforms should include all sectors of the economy and taking into account the priorities of priorities in this aspect.

[Big_J]

45 minutes ago, yota691 said:

note that the IMF does not support the existence of two prices for the disbursement of the dollar,

[DWS112]

Following the success of Iraq's talks with the International Monetary .. Minister of Finance: our next meeting in Washington  17/03/2017

The Minister of Finance Agency Essa Abdul Razzaq, on Friday, the success of the talks with the International Monetary Fund in the Jordanian capital, Amman, in what he said that the next meeting will be in Washington.

Issa said in a brief statement received / balances News /, copy of "The talks with the IMF, which took place in Amman, Jordan, was a success."

He added, "The next meeting will be in Washington, and will announce the results of agreements in support of the development of the Iraqi economy."

He was an economic adviser to the prime minister, the appearance of Mohammed Saleh, on Friday refuted recent allegations concerning the meetings of the International Monetary Fund failed with Iraq, held in Amman, Jordan, stressing that the program with the IMF is going normally and stereotyped and successful

Edited March 17, 2017 by DWS112

[Mask Phantom]

There's always,  something. ..or someone that needs to be rebooted. Be that as it may, the show must go on. 

[ChuckFinley]

I am feeling it and I can smell it. We are close to that .  

[tigergorzow]

2 minutes ago, ChuckFinley said:

I am feeling it and I can smell it. We are close to that .  

CF,  Roger that we are definitely getting closer to the "Big Announcement"

 

GO RV / RI

[ChuckFinley]

You were on the Chat, do you know where I am coming from.  

[tigergorzow]

34 minutes ago, ChuckFinley said:

You were on the Chat, do you know where I am coming from.  

Rgr that....10-4....Yup Yup....

[idplzr]

1 hour ago, ChuckFinley said:

You were on the Chat, do you know where I am coming from.  

 

33 minutes ago, tigergorzow said:

Rgr that....10-4....Yup Yup....

Absolutely!

[WaitIsOver]

Lol after all these IMF meetings finally we get to hear about the "results of agreements" ..and with Trump, God's chosen President, I sure have great expectations. I heard the meeting with Abadi will be on 20th. Monday. A Day before Venti Uno.

straight double shot on the rocks porfavor!

[olivesman]

17 minutes ago, WaitIsOver said:

straight double shot on the rocks porfavor!

With a PROPER  !

 

[Wiljor]

1 hour ago, ChuckFinley said:

You were on the Chat, do you know where I am coming from.  

Right there with ya Gents  

loving this bag of money icon 

[ChuckFinley]

57 minutes ago, idplzr said:

 

Absolutely!

We are going to have a really good group.  Looking forward to it. 

[ChuckFinley]

11 minutes ago, Wiljor said:

Right there with ya Gents  

loving this bag of money icon 

Same here. Looking forward to heading down to your part of the world.  

[Wiljor]

4 minutes ago, ChuckFinley said:

Same here. Looking forward to heading down to your part of the world.  

Anytime brother Chuck, anytime  

[ChuckFinley]

1 minute ago, Wiljor said:

Anytime brother Chuck, anytime  

Thanks. If you are still down there after the RV you can count on it. 

[nannab]

I do window's if they are low!

Have a great weekend all !

Edited March 18, 2017 by nannab

[yota691]

Advisor to the Prime Minister confirms the success of the Stand-By agreement with the International Monetary

 

Friday, 17 March 2017 17:17

 

 

 

 

 

Alsumaria News / Baghdad , the financial advisor to the Prime Minister stressed the appearance of Mohammed Saleh, on Friday, the success ofconsultations on the willingness of credit between the Iraqi government and the International Monetary Fund agreement, saying that occur otherwise , "Aldaasha fifth column."  Saleh said in a statement Alsumaria News received a copy of it, "I personally attended the important aspect of the second revision of the standby credit with the Convention on consultations , the International Monetary Fund and the results have been very successful, and the Fund will issue a final statement in this regard, there is some statistical data and digital facts regarding the expenditure of public revenue , the Fund has requested a broader NOTES presented at the end of next April. "       Saleh added that " The Fund praised the Iraqi government 's ability to confront terrorism and Aldaasha impressive victories achieved under exceptional economic circumstances , " pointing out that " the program with the IMF is going normally and typically very successful."  He continued that " the statements that spoke of the meetings of the International Monetary Fund held in Amman fails, promoted by the fifth column Aldaasha to find a crack in the international relations of Iraq, a psychological and media war because of victories in Mosul ."

[tigergorzow]

4 minutes ago, yota691 said:

the financial advisor to the Prime Minister stressed the appearance of Mohammed Saleh, on Friday, the success ofconsultations on the willingness of credit between the Iraqi government and the International Monetary Fund agreement, saying that occur otherwise

Yota Thanks,  All good news for Iraq....

5 minutes ago, yota691 said:

Saleh added that " The Fund praised the Iraqi government 's ability to confront terrorism and Aldaasha impressive victories achieved under exceptional economic circumstances , " pointing out that " the program with the IMF is going normally and typically very successful." 

 

[yota691]

Adviser to Ebadi denies credit negotiations with the International Monetary failure

History of edits:: 17.3.2017 17:16 • 215 visits readable

[Oan- Baghdad] 
denied an economic adviser to Prime Minister Haider al - Abadi, news about the negotiations with the International Monetary Fund on standby credit for Iraq to fail.

Counsel said the appearance of Mohammed Saleh said in a statement received by all of Iraq [where] a copy of it, in response to news meetings of the International Monetary Fund Meeting held failures in Amman "Personally , I attended an important aspect of the second revision of the standby credit with the International Monetary Fund and the results agreement consultations were successful very". 
He added, " The International Fund will issue a final statement in this regard and there is some statistical data and digital realities on expenditures and public revenues, the Fund has requested clarifications broader presented at the end of next April." 
He pointed out that " the IMF has praised the Iraqi government 's ability in the face of terrorism and Aldaasha impressive victories achieved under exceptional economic circumstances , " pointing out that " the program with the IMF is going normally and typically very successful." 
And Saleh, that "fifth columnists Aldaasha is touting it to find a crack in the international relations of Iraq , a media and psychological war because of victories in Mosul."

[yota691]

Adviser to Ebadi denies credit negotiations with the International Monetary failure

50 ShowLast update: Friday, March 17, 2017 - 18:46

He denied an economic adviser to Prime Minister Haider al-Abadi, news about the negotiations with the International Monetary Fund on standby credit for Iraq to fail. Counsel said the appearance of Mohammed Saleh in a statement, in response to news meetings of the International Monetary Fund failed Meeting held in Amman "Personally, I attended an important aspect of the second revision of the standby credit with the International Monetary Fund and the Convention on the results consultations have been very successful." He added, "The International Fund will issue a final statement in this regard and there is some statistical data and digital realities on expenditures and public revenues, the Fund has requested clarifications broader presented at the end of next April." He pointed out that "the IMF has praised the Iraqi government's ability in the face of terrorism and Aldaasha impressive victories achieved under exceptional economic circumstances," pointing out that "the program with the IMF is going normally and typically very successful." And Saleh, that "fifth columnists Aldaasha is touting it to find a crack in the international relations of Iraq, a media and psychological war because of victories in Mosul."

[ChuckFinley]

3 hours ago, Botzwana said:

 I will be staying in Mexico forever it seems.  At least until the U.S. repeals Obamacare, mandatory healthcare, civil forfeiture etc.  You guys need more freedom.

I am thinking of Mexico as an option. We will have to wait an see.