Positive signs of Ebadi's economic initiative

[yota691]

Iraq is a plan for the reconstruction of the liberated areas

 

 

Economy News _ Baghdad:   The Ministry of Planning, Sunday, for the completion of the preparation of "document national framework" for the reconstruction of the liberated areas of control Daesh, with an estimated reconstruction of $ 100 billion, confirmed that the plan will be implemented within 10 years.   Said ministry spokesman Abdul Zahra al-Hindawi told a news interview seen by the "Economy News", "The ministry has prepared a document for the reconstruction of areas liberated from the control of Daesh national framework," noting that "the coming days will present the document to the Council of Ministers to acquire official status ".   He said al-Hindawi, "The document consists of three first tracks of human development and the second economic affairs and the third building, construction and infrastructure and to provide the requirements of life for returnees to their areas liberated in general," noting that "the document will be implemented over 10 years, from 2018 to 2027 at a cost of 100 billion dinars ".   The World Bank confirmed earlier existence for the reconstruction of areas liberated from the control of the "Daesh" serious criminal plans, calling on States to contribute.
Views 146   Date Added 06/11/2017 - 12:16   Last updated 11/06/2017 - 13:56   No. Content 7884

[yota691]

National Development Conference exceptional distinction

6/12/2017 0:00     Wadih Handal The  first conference of the five - year plan of national development for the years 2018- 2022 , which was held at the Conference Palace in Arbil last April was not an ordinary conference, but an exceptional because for the first time hold this high - level scientific and sobriety, transparency and openness and the face of the difficult economic reality that Iraq is going through without redecorating or roll or spin or camouflage or jumped on the serious problems and obstacles that threaten to become the Iraqi economy atpresent and in the future.  Figures and tables prepared statistics from the Ministry of Planning attended the various workshops over the three - day conference and showed the problems afflicting the economy categorically road on any attempt to escape from the difficult reality or justify mistakes or by offering explanations or interpretations misplaced.  Despite the large and dangerous themes addressed by Almatmractsadia, and financially and socially but my attention was focused on the private sector 's problems because I am a representative of the private banking sector, especially given that the studies prepared showed the important role of the private sector in the rescue of the national economy from the plight through the achievement of sustainable development. The active participation of the private sector in the conference and the contribution of the United Nations and the European Union in support of the great impact of its success develop a vision closer to reality on the future role of this sector , which can not just ignore the achievement of a comprehensive renaissance in Albulad.kdmt Commission Private Sector Development at the Ministry of Planning and the Iraqi paper spoke out about the role of the private sector in the national development plan 2018 - 2022, drew the attention of the participants of the importance of finding an effective and genuine partnership between the state and the private sector, and the pursuit of the last to encourage and stimulate the economic development process to lead and access to sectors monopolized public sector previously>  I find that institutional Pass it succeeded in highlighting the prestigious private sector by emphasizing the role of strategic in all economic activities, and the emphasis on the need to simplify and facilitate policies, laws, regulations, instructions and procedures that will stimulate the private sector and remove the complexities facing his work and work to raise the proportion of its contribution to the total output of about (35 percent) in the year plan 2013-2017.   And highlighting the support provided by the Central Bank of Iraq for the Iraqi economy and in multiple directions for the development of the agricultural and industrial sectors and provide support for small and medium - sized enterprises. It indicates the importance of developing the financial sector in achieving development goals. Iraq 's economy is facing a difficult challenge and real crisis caused by Rieith and its dependence on oil as the main source of revenue, and by (95 percent) , which reflected a deficit clearly in the federal budget of the state where coincided with the lack of Iraq 's policy of diversifying sources of income, local productivity and Anhsartaqh of a decline of industry activities and agriculture and in the form that led to a decrease in the overall supply is Akadiraly to catch up with the level of domestic demand, as well as the deterioration of the infrastructure caused and the costs of the war on terrorism and the worsening crisis of displaced persons under the control of gangs provinces (Daesh terrorist). And deduce from the episodes that motivate and encourage and support the private sector in order to achieve economic diversification is very important and we must work to achieve the service of the national economy.  * President of the Iraqi Association of private banks

[Big_J]

[10 YEARS LATER]

On 6/5/2017 at 2:20 PM, SnowGlobe7 said:

The next five year plan??

Which one are we on now?

How many 5 year plans are there???

 

Guess we didn't get that memo - enough to make U grow old - faster.

[tigergorzow]

Iraq needs $ 100 billion for reconstruction: Spokesman

June 17 2017 12:46 PM

Abdel-Zahra al-Hindawi

 

Iraqi ministry of planning on Saturday said it will approve a plan to reconstruct parts once fell under the control of ISIS terror group.

The ministry added the damage caused by the terror group in those parts will cost $ 100 billion to be reversed.

Spokesman for the ministry Abdel-Zahra al-Hindawi said in a press statement that Iraq is waiting until the full liberation of its territories to start reconstruction.

Six provinces sustained damage due to the ongoing anti-ISIS military operations.

The spokesman added the ministry developed a 10-year plan to reconstruct the provinces hit by terrorism over the past three years.

The plan shall be implemented as of the coming year and end in 2028.

He noted the deteriorating economic situation due to the slump in oil prices is not helpful when it comes to securing the money needed for reconstruction.

'We should resort to other means to provide the budget needed for reconstruction, either by international donations, loans, or grants. 

 

http://www.thebaghdadpost.com/en/story/12167/Iraq-needs-100-billion-for-reconstruction-Spokesman

[ChuckFinley]

Morning Tiger, add some value to that dinar baby and everyone will be rebuilding.  

[yota691]

Look at the general framework of the National Development Plan 2018 - 2022

6/18/2017 0:00    Faris Al Salman *  Seen on the National Development Plan 2018 - 2022, and drew my attention to focus on achieving sustainable development and well-being, justice, security, and environmental protection general framework, and the preservation of the rights of future generations, as well as emphasis on engagement with all partners, as confirmed Vision 2030 in Iraq to be competitive under good governance to achieve justice and ensure equal opportunities for all, the motto of this ambitious plan, which is: "lay the foundations of an effective developmental state with social responsibility," as the plan classified the challenges facing Iraq realistically. And provided basic principles on community empowerment, and equal opportunities as well as the gradual process of economic transformation. Turning the plan into the philosophy of economic management, which included a lot of ambitious goals, including good governance so as to create the adoption of the social market economy as a way of economic management system, which calls for the Baghdad Economic Forum to adopt this system, and has already proposed its adoption through quad published on the pages of the newspaper " Al- Sabah" last year .  There is no doubt that the planners and the authors of the plan were realistic in setting goals Because of the great challenges facing Iraq, and took into consideration that the trend to the market economy free time present means of suicide, and creates economic shocks and social, add the challenges of catastrophic additional to those faced by Iraq during the thirty last year.  The plan realistic and build a general framework, but more importantly , it is accurate and detailed road map and flexible , which must be prepared so that the plan is actually implemented, as well as providing effective mechanisms for implementation and control; and I hope the authors of the plan , taking into account among other facts, challenges and access to the details in order to develop sub - plans for action effective.  One of these facts, that the success of the application of the social market economy depends on the level of economic development of the country, if the economic development of a large and growing can be applied so that a large part of the economic resources directed to social development projects.  Iraq from developing countries and is suffering from an economic deformation caused by the exceptional circumstances experienced and passes by, making the application of the social market economy is more complicated, and we first need to transform the economic doctrine (if any) of the parties active in the Iraqi arena to the faith of this economic model, as well as strengthen the faith of businessmen and industrialists and economists this economic choice, and ensure adoption of this approach also requires the availability and awareness of the faith and culture of trade unions and unify the positions of the mass base to negotiate realistically.  In summary, the adoption of this approach requires the establishment of an alliance formally between the neutral and the money men and industry state and the economy with trade unions to form a triangle establishes a system of social market economy, in order to ensure that state intervention positively to adjust market mechanisms when there is any imbalance (from commercial dumping, fraud, monopoly, etc.), as well as providing employment opportunities, develop and raise the efficiency of manpower, and ensure the smooth flow of investment and the success of the projects carried out by the men of money and industry, while ensuring an annual review to determine wages and prices.  The corner of the foundation of the social market economy is to be an effective state intervention and neutral and positive as well as the necessity of income and the distribution of aid and taxation equitably to ensure a fair distribution among segments of society.  We need before embarking on the application of this economic approach to the conclusion of a new social contract between the controlling political parties class and among the general public, so determining the duties and the limits of the powers of the members of the government and parliament deputies must make them understand that authorized to not absolute and there is a plan with the timing and legislation need to approve or to edit , including this approach serves the economic, as well as explain to the political elite details of the social market economy (social welfare system) and to ensure that her faith and absorbed by him and clarify with globalization as opposed to the control of the transcontinental companies and Western monopolies and its system of globalization on the Opinion Smalah led to the control of the economic surplus and massive profits, and instead of investing these profits in infrastructure development and social development, have been used in financial and real estate speculation , as well as tax evasion.  The work of the ruling parties requires them to consider the interests of society in all its components , and the role of government developmentally dynamic puts the interests of the community first, so that leaves no room for narrow interests.  We are facing the inevitability of a strong cohesive government, adopt a draft economic reform applicable scientific and management conscious insured and willing to apply dutifully.  The plan will face political challenges of ensuring the peaceful transfer of authority and impartiality of the state, not Tajir state parties or persons responsible, as well as the rumor of transparency and integrity and activating accountability under the law , which must actually be above everyone else .  Achieving this system requires comprehensive reforms compatible and Ptoukitat guaranteed in all administrative, economic and political aspects, especially political reform and to ensure the neutrality of the judiciary; as the market economy is based on the idea of interaction between the markets and the movement and when there is a need for state intervention, should this intervention be positive and in careful and thoughtful to restore balance to the markets that upset this balance.  The existence of interaction between the state and markets leads to the creation of a balanced relationship between the role of the state, markets and promised them partners and the duty of cooperation to achieve the interests of both parties and thus achieve the interest of community assembly, and this requires coordination between the goods market, the market capitalists, the labor market force, which requires urgently develop state regulatory agencies to act quickly , impartial and professional, as well as ensuring the independence of the judicial institutions in absolute terms , the independence and impartiality of the Central Bank.  It must also stop economic chaos and decline in the state 's role in restoring balance to the market, as well as build a system of social values and national consensus, define the goals and strategy of national security, and the development of a rational and realistic solutions to the challenges of the displaced, and the reconstruction of the liberated cities, and re - build infrastructure dilapidated building or obsolete in the whole of Iraq, addressing unemployment and raise the level of skilled manpower, as it must provide the labor force and rehabilitation, and the provision of supply and demand mechanisms in order to determine the price and provide growth tool to achieve maximum economic income as possible, and use part of it to achieve economic and social development, covering National defense requirements, and this requires consensus and a national consensus so that the state intervenes style and timing right.  Must provide for the plan to food security and food security, as Iraq must self - sufficient production of basic crops to national security considerations, as well as the face of economic challenges; the security of drug insurance, insurance education, health and security, and ensure that the work of the most important elements of the success of the plan.  We need to develop state intellectually and organization of management and performance in economic and social fields; with the necessity of creating economic pluralism and non - dependence on oil as the sole source of income for the state, especially the expansion projects , petrochemicals , which can be an effective tool to counter the decline in crude oil prices globally.  Also it has to create an institutional legal system of social negotiation and moving wages within development plans in the framework of market mechanisms and social development.  And develop a comprehensive plan for the real scientific reform and rationalization of government spending in a real and not a formality, and the exploitation of all available resources, and the distribution of national income as the best; it should encourage domestic and foreign investment is in the interest of the state and society, not to be compromised national wealth under the pretext of investment, and not be a for political partners , businessmen are monopolizing investment opportunities.  It must form a real negotiating delegation composed of government representatives and representatives of the people (who is the owner of the real wealth), and must be representatives of the people real and are not elected by the government 's perimeter or close to its members, to put forward a strategy designed to achieve real development through the social market economy to cross stage reconstruction, and to achieve social balance, and building state institutions, as well as the national product and support, and following the transfer of technology policy development, and transfer of the secret knowledge, and develop the skill and knowledge of manpower, and the expansion of the training of moderation cadres, and the adoption of a strategy of technical education and development, and there is increasing the proportion of biolo Produced locally involved in the manufacture of goods collected; as well as the development of agriculture and industry so that the oil involved as resources of the state, and the establishment of industries based on agricultural product so that agriculture outputs are inputs for the industry; and directing agricultural loans properly through the banking policy of prudent, and the application of VAT in order to fight Tax evasion.  The new formulation of a comprehensive development plan and the adoption of new mechanisms and the adoption of corporate governance and competitiveness in all state institutions and the private and mixed sectors Lehigh effective treatment for the problems of Iraq 's economic and social.  The real private sector did not find a real chance in light of the confusion and economic favoritism financial and administrative rampant corruption, some Iraqi private sector 's wealth has grown far from fair competitive atmosphere, as this some may have a monopoly grew under the testimony of the government 's decision , whether a collective limited or individually, as the private sector is the real adopted in the previous period to seize opportunities and achieve individual gains through nepotism and relationships and was able to get opportunities and exemptions and facilities, so must the appropriate climate provision to allow national real private sector and not the parasite in order to contribute to the development within the vision of Stra Leger clear set by the state, and setting firm foundations of economic freedom determined by the general behavior of the specific rules originally laws and legislation, and that the state interfere with a scientific and neutral manner to create a competitive environment through monetary and fiscal policies to elevate the performance and have intervention and control over policies and not through direct intervention.  Must establish competitive rules among all economic sectors and individuals and to ensure freedom of supply and demand and legislation to prevent fraud, monopoly and dumping and apply the laws strictly away from partisan influences and tribal and thus achieve parity between the parties of the economic process (government / workers / employers) and ensure that the tyranny of the interests of the party to another party and thus the fruit is to achieve development and social justice , serving lower - income groups.  The state must commit to intervene through social means of care of smart (and social health such as a guarantee / smart active support / development aid / grants sectoral smart) that the basis of any economic system to be free and state intervention is the exception. There must be intelligent and advanced between economic efficiency and social justice consensus.  I hope the authors of the plan , taking into consideration the challenges of the industrial revolution , the fourth and the development of appropriate solutions to their effects in the Iraqi economy.  In conclusion , I would like to say: that of the pillars of economy that there is a financial system and monetary stable non - exhibit shocks so they do not lose the citizen or part of its assets or savings as a result of economic shocks or the collapse of privately owned banks, it is the duty of the Central Bank of Iraq 's banking system cleared elements that have crept into the system and working agendas destructive, as well as taking the central bank took the initiative and address the issue of private banks lagging in a scientific manner enhances the citizen 's confidence in the banking system as a whole, which will inevitably lead to the increase in the volume of deposits, and enhance investor confidence and the global banking system effectively a J The central bank procedures.  It must be proposed financial and monetary system includes a plan to adopt the necessary legislation and reform tax smart , bringing Investment and not repellent to him, the structure of banking institutional able to finance the benefits of reasonable, and guarantee deposits, strict control of the central bank, and provide accurate statistics for the application of control over the implementation of the development plan and assessment and evaluation, as well as the subsequent construction of the plan, coincides financial and monetary system reform with the development of the Ministry of Industry companies and   mixed sector companies and picking them up from their current status. * President of the Baghdad Economic Forum

[yota691]

Investment Horizons

Author: Yasser mutawalli 6/18/2017 0:00   At a time when Iraq is approaching to put the five - year plan 2018 - 2022 in the light of the changes and post "Daesh" National Investment Commission announces completion of the investment map and included more than a thousand project.  It is useful to note that the investment map projects will be outside the general annual budget allocations and rely on local and foreign investors money.  This is announced by the president of the National Investment Commission Dr. .sama Araji , which gives hope to stimulate investment , which stalled a lot, especially since the projects map investment targeting strategic sectors of production and service mission such as oil and gas, industry, agriculture, housing and communications different and infrastructure projects ,  and perhaps it is useful to note the investment map is based on the means of achieving economic reform that the government is working hard to implement and planned stages through the rehabilitation of companies, structuring and presentation of partnership and privatization , my style as well as the establishment of new projects   and within the divine scheme According to Araji interleave of these projects the new five - year plan projects 2018 - 2022 and twinning with it.  We hope that these projects will have a thousand corresponding desire of investing international companies looking for opportunities guaranteed profits as well as an entry in order to invest in Iraq.  The question is the way to reduce the challenges faced by companies investing?  The answer is found in the picture drawn to Iraq after the "Daesh" phase , which is an explosive development of the government is preparing to implement them to compensate the country for what he suffered from the devastation and destruction and reconstruction and build what amounts to its capabilities and its potential . Therefore it requires a guarantor of a legislative environment for the rights of investors and environment executive capable of providing facilities corporate and reduce red tape, and we know that there is a higher Committee for Investment and reconstruction has been formed for this purpose , mission and facilitate the entry requirements of the companies and to ensure that their legal rights are secure and after this will monitor the extent of the Commission 's ability to meet these requirements  and here must be that all sides are working to support the market a Investment to work in the creation of incentives to attract investment companies to the field in various production and service sectors and to start a real growth phase in   Iraq.

[yota691]

Iraq: A thousand project within the National Investment Plan

Journal June 17, 2017

 

 

 

BAGHDAD - The Journal News

The National Investment Commission revealed a thousand spread over a number of sectors, the project will be implemented during the current year.

The head of the Sami al-Araji told the «Journal News» Saturday, said that "the investment map that has been exported from the National Authority holds a thousand distributed ten project key sectors and will be implemented during the current year in the sectors (oil, gas, industry, agriculture, housing, infrastructure, electricity and transport communications, education, health and tourism), the strategy of large and small and medium-sized enterprises. "

He added that some of them product and achieves profits of the country and enhance the financial capabilities of diversity in revenue, the country focuses on strengthening the sectors that achieved a new revenue of the general federal budget through the rehabilitation and restructuring of companies in these sectors and the introduction of foreign investment, domestic or by entering into direct partnerships to develop and the renewal of the proposed projects for investment or construction of new projects. "

He noted that "Through these projects we will enter into a five-year plan, meaning that we are working towards the twinning of the current year plan with the 2018 2022 five-year plan, as projects are implemented and what remains to be merged with the five-year plan, and within the stomach plans will depend on the national and foreign investment to finance projects implemented outside the state budget, as any foreign funding or local special. "

Araji "that these projects do not count on the state budget, but the projects put up for foreign investment and national under the Investment 13 of 2002, the amended law, and that the requested State is to provide facilities and aid to the investor and some of the services infrastructure in accordance with the mutual plan between the investor and the government," he said, adding that "investment of the best investment laws law after the amendment has been taking notes from foreign investors and specialists and the testimony of everyone but we have the problem of law enforcement."

He stressed that "the most important investment problems are the single window and the laws of squatters on state lands and banking problems and work is underway to resolve them, noting that foreign investment is the movement of the national economy and reduce the growing numbers of unemployed hands."

For his part, he told the Committee on Economy and Investment in the Baghdad Provincial Council member Burhanuddin Ishaq told the «Journal News», that foreign investment opens the doors to allow a real job opportunities for the unemployed youth in addition to the development of sectors agricultural sectors such or industrial infrastructure and other, He is drawing attention to that we must do the work of an encouraging environment for investment within the country after investors fled their money to neighboring countries and opened several factories and factories there. "

"We must provide an adequate security environment for foreign investors so that we can pull him because the capital is coward and does not like adventure and loss, and provide an advanced investment climate Kalhokmh electronic and facilitate banking transactions and get rid of the bureaucracy, noting that reducing the hands of unemployed is building built an economic and a clear and good example so Harithiyah Mall, which is scheduled to open next month, which will provide jobs up to 1500 - 2000 jobs for young people except for this hotel consisting of 33 floors, which needs many working hands to work for it. "

Isaac said, "The diversity of the different sectors of projects will provide many job opportunities in the infrastructure sector and housing. If initialized thousand housing units, we'll provide 4000 jobs and then activate the local market."

Revealed the Ministry of Planning for population growth decline in Iraq by 2.8% after it was 3% for the period between 1997 and 2007, and noted in its fourth report on gender issues and the role of women and men in development, issued by the Central Bureau of Statistics of the Ministry that the size of the population 2013 reached 35 million people, and the proportion of males, including 51%, while females accounted for 49%.

She explained that the proportion of the population in urban areas amounted to 69% of rural and 31%, while the number of family members and the rate on the level of Iraq 6.2 members, of which 5.9 per capita in urban areas and 6.2 per capita in rural areas.

[Wiljor]

Yesterday...

 

Iraq, June 27, 2017 

Iraqi military leaders expect victory this week against the Islamic State (IS) in the battle for Mosul, and the government has unveiled a $100 billion, 10-year reconstruction plan for the country that, despite some challenges, is slated to begin next year.

Mosul will be particularly important to rebuild because of the number of citizens who were forced from their homes, the extent of the damage there and the symbolic significance of the city, which IS considered its Iraqi capital. In addition to repairing the infrastructure, Iraqi officials acknowledge the importance of overcoming the influence IS established on the population, especially young people, during its three-year reign of terror there.

Hossam al-Ayyar, a member of the Ninevah Provincial Council, told Al-Monitor the plan will aim to eliminate “ideological extremism from the culture of the people of Mosul, who have been living for three years with IS’ inflammatory rhetoric, and [prevent] the emergence of a new generation … inspired by the culture of hate.”

Ayyar added, “The plan includes cultural and religious programs adopted by mosques, schools and churches to consolidate the values of coexistence and moderation, promote shared living and the culture of peace and freedom of belief and the respect of the rights of others.”

Ninevah council member Abdul Rahman al-Kaa told Al-Monitor, “This step is imperative to bring peace to the people of the city, which includes Sunni Arabs, representing the majority, and the Kurds, Shiite Arabs, who represent a small minority, as well as the Turkmens and the Christians. This could be done through the spread of a culture of tolerance and acceptance of others, distancing mosques from extremism, organizing periodic field visits [between] the people of Mosul [and] Baghdad and the areas in the center and the south, in order to achieve social integration. This is not to mention the need to involve all components in cultural, social and religious events.”

businessnews

 

http://iraqdailyjournal.com/story-z15514064

[copper13]

Very good news!

 

 

[ChuckFinley]

Rebuilding and diversifying the economy will be key to getting this country off the ground and the dinar rolling. 

[pokerplayer]

9 minutes ago, ChuckFinley said:

Rebuilding and diversifying the economy will be key to getting this country off the ground and the dinar rolling. 

 

 

And a good Evening Mr Finley. Here is hoping we can all meet real quick like and buy each other Umbrella drinks !

 

pp

[NoviceInvestor]

40 minutes ago, pokerplayer said:

 

 

And a good Evening Mr Finley. Here is hoping we can all meet real quick like and buy each other Umbrella drinks !

 

pp

Wouldn't it be nice to have a crystal ball that would tell you the date you will all be in the💰and planning to meet for that drink... 

[wildeman]

Thanks

[ChuckFinley]

2 hours ago, pokerplayer said:

 

 

And a good Evening Mr Finley. Here is hoping we can all meet real quick like and buy each other Umbrella drinks !

 

pp

 

1 hour ago, NoviceInvestor said:

Wouldn't it be nice to have a crystal ball that would tell you the date you will all be in the💰and planning to meet for that drink... 

looking forward to meeting you both. That drink is going to taste mighty fine when this hits.  

[Lucky Dragon]

Thank you for the post

[Wiljor]

IRAQ OUTLINES PLANS TO REBUILD COUNTRY, INSPIRE TOLERANCE

Iraq, July 1, 2017 Iraqi military leaders expect victory this week against the Islamic State (IS) in the battle for Mosul, and the government has unveiled a $100 billion, 10-year reconstruction plan for the country that, despite some challenges, is slated to begin next year. Mosul will be particularly important to rebuild because of the number of citizens who were forced from their homes, the extent of the damage there and the symbolic significance of the city, which IS considered its Iraqi capital. In addition to repairing the infrastructure, Iraqi officials acknowledge the importance of overcoming the influence IS established on the population, especially young people, during its three-year reign of terror there. Hossam al-Ayyar, a member of the Ninevah Provincial Council, told Al-Monitor the plan will aim to eliminate “ideological extremism from the culture of the people of Mosul, who have been living for three years with IS' inflammatory rhetoric, and [prevent] the emergence of a new generation … inspired by the culture of hate.” Ayyar added, “The plan includes cultural and religious programs adopted by mosques, schools and churches to consolidate the values of coexistence and moderation, promote shared living and the culture of peace and freedom of belief and the respect of the rights of others.' Ninevah council member Abdul Rahman al-Kaa told Al-Monitor, “This step is imperative to bring peace to the people of the city, which includes Sunni Arabs, representing the majority, and the Kurds, Shiite Arabs, who represent a small minority, as well as the Turkmens and the Christians. This could be done through the spread of a culture of tolerance and acceptance of others, distancing mosques from extremism, organizing periodic field visits [between] the people of Mosul [and] Baghdad and the areas in the center and the south, in order to achieve social integration. This is not to mention the need to involve all components in cultural, social and religious events.” Saad al-Hadithi, a spokesman for the prime minister’s office, also told Al-Monitor it will be necessary to “instill the concept of coexistence and shared living between the different spectrums and ethnicities of the city.” Hadithi outlined the overall reconstruction plan for Al-Monitor. “Iraq will start implementing the strategic plan prepared by the Civil Crisis Management for the reconstruction of Mosul as a priority, as part of a long-term project for the reconstruction of all the areas liberated from IS. The first phase of the project will begin in 2018 and will continue until 2022. The final phase is scheduled to begin in 2023 and go until 2028.” He said, “Mosul is a high priority in the reconstruction plan because of the massive number of displaced people there, in addition to the city’s symbolic importance, as IS considered it to be its second capital after Raqqa in Syria. Moreover, Mosul is the third-largest city in terms of population, after Baghdad and Basra in the south.” In mid-June, Iraqi Minister of Displacement and Migration Jassem al-Jaf said, “The number of the displaced people from the western side of the city of Mosul has risen to 690,000 people since the Iraqi forces launched their offensive Feb. 19.” Hadithi also talked about the main priorities of the strategic reconstruction project, saying, “It focuses primarily on the displaced, or those who stayed in the city when it was under occupation. The necessary funds, mechanisms and services will be employed to allow the return of the citizens who are able to do so to their homes, as the city is now secured by the army and the security forces present there.” He added, “The second part of the project entails building security institutions in the province, for example, the local police, the intelligence and rapid deterrence forces, by encouraging the citizens to volunteer in security work. They will be involved in training courses and in special institutes to be able to defend the city, paving the way for the exit of the army and the combat forces.' Obviously, there will be some obstacles to the project, conceded Jamila al-Obeidi, a parliamentarian for Ninevah province. “The biggest challenge facing the strategic plan is funding, especially since the salaries of the province's employees have yet to be disbursed,” Obeidi told Al-Monitor. “Foreign reconstruction companies will enter Iraq right after the exit of IS.' She expressed hope that “this investment will contribute to the benefit of the citizens and not be only profitable to some parties.” She warned against “corruption in such projects.” The solution to the funding problem appears to be through borrowing. The World Bank will be the main option. Iraqi Prime Minister Haider al-Abadi met May 24 with World Bank Regional Director Saroj Kumar Jha to discuss reconstruction operations in the liberated areas. Hadithi told Al-Monitor that “the bank has shown willingness to invest in the reconstruction of Mosul.” For example, the Reconstruction Fund for Areas Affected by Terrorist Operations was early to launch its projects. During the Erbil International Reconstruction Conference, the fund revealed May 18 that more than 151 projects had been launched in several provinces liberated from IS. Undoubtedly, the reconstruction projects will be a good investment opportunity for many countries, which have become even more enthusiastic to participate in projects now that they have learned that Iraq will be able to provide the necessary funds for reconstruction. This is the case with Turkey, Iraq’s neighbor. Turkish ambassador to Iraq Fatih Yildiz said June 15 that Turkey is “ready to hold a conferencefor Iraqi and Turkish businessmen and investors during the months of August and September to cooperate in the reconstruction process.” French companies have also expressed interest in reconstruction projects. The people of Mosul began to return to their city before the final liberation of the area, Ninevah Gov. Nawfal Hamadi al-Sultan said in a press statement June 15. However, the complete return of the displaced will require the reconstruction process to move quickly to eliminate terrorism, Islamic Supreme Council President Ammar al-Hakim said May 22. monitor http://iraqdailyjournal.com/story-z15525692

[MyLadiesDaddy]

Tolerance   

[yota691]

Generations Fund

6/24/2017 0:00    Haven secretary  since 2004 , and so far Iraq lacks based to activate and update economic sectors based on the actual needs of consumers and the domestic market, which led to the march of undisciplined national economy during the past decade resulted in the market 's dependence on imports to meet the growing needs with the population growth of scientific data development plans .  And invoked the relevant departments in sectoral ministries, their lack of a database or the lack of financial resources, and at other times to land is expected to oil prices in 2014, and often listen to justify officials as " the lack of legal grounds to require the contractor companies with them to implement the agreed projects . " In other times attached to the reasons for the failure rests with the neighboring countries and the lack of cooperation of regional countries.  And indicates the observer fair to put Iraq 's economic, despite having the ingredients are not available in any country in the third world, an imbalance in the planning and the lack of clarity of vision available data to Iraq and the nature of which is integrated to create an upscale economic system believes in the future of future generations and provide annual profits with thousands of job opportunities, but the planning process during the previous years Tekzat on the illusions of oil revenues and dreams of investment companies, which resulted in increased indebtedness of Iraq 's failure to provide energy, the import of Iraq for all its needs of industrial and agricultural products in conjunction with the majority of the sectors stopped Generating income other than oil , which provides 93 percent of the budget that go later to buy products from different materials from overseas markets funds.  We are in the midst of a new five - year plan 2018-2022 means the development of economic sectors including qualifies Iraq to install food security and enable it to provide a decent living environment for its citizens and lay the basis for economic bright future for future generations, it requires all ministries to study the reality in a scientific manner and put all the possibilities that might hinder plans do not lead to those bad possibilities to track implementation of the plan letter, especially that Iraq is preparing to celebrate the victory on the brilliant "Daesh" gangs, what is the argument the existence of terrorism dilator for the implementation of development plans in all economic sectors.  Here we refer to the need to pay the electric power of great importance because it is the key to run the productive sectors with the development of legal frameworks associated with the particular time of completion and accounting lagging companies and the fight against corruption in contracts to prevent the waste of public money and look forward to what is supplied achievements may be considered the foundation for future generations to launch new plans to continue the life with dignity and safety.  The events of real development in the agricultural sector and the provision of water, seeds, fertilizers, pesticides , and encourage farmers to better crop production enough to provide new job opportunities and make progress in the steps of food security with scaled imported crops amounts, which the use of technology should be to develop the reality of agriculture in the future and securing Iraq 's needs of food during the subsequent years.  At the same time must take serious steps  in the industrial sector and encourage capital to set up new plants and the modernization of production lines in factories built, so that they can  be plugged part of the local need and check the profits with the trend to support the national product, whether food , including, textile, cotton and leather, electrical and mechanical construction, what reduces import levels and opens the  doors to compete for export after covering the local need, which will open up new business horizons shrinking of the size of unemployment, and establish a love of work and the new generation system while providing an economic environment that could be adopted as a model for the future.  And workers in the sectors of transport and tourism planning for maximum benefit from the geographical location of Iraq and the effects of religious shrines visited by hundreds of thousands of visitors, which requires a special environment to invest in these sites and make them national symbols and historical and the creation of infrastructure has to achieve financial returns due to supplement the general budget and the dimensions of its dependence on imports oil.  As part of the strategic plans , we must create a viable economy depends on its infrastructure  on oil imports, and then independently rely on imports of economic units to develop themselves and the opening of other economic units and gradually and after achieving successes will keep oil revenues in the Generations Fund, as a moral duty must be implemented by the  Iraqi generation current towards future Iraqi generations.

[yota691]

Keywords: $ 50 billion in Iraq reconstruction cost

Economy News Baghdad: The Secretary-General of the Council of Ministers Mahdi Al-Alaq, Wednesday, that next week will see an important conference in Washington to reconstruct the liberated areas of Daqash, indicating that the cost of the Ministry of Planning for reconstruction amounted to 50 billion dollars. Al-Alak said in a press conference held during the opening of Al-Khazer Bridge, "Economic News", that "next week will see an important conference in Washington to reconstruct the liberated areas of Dahesh, will contribute to the conference the World Bank and representatives of the countries of the International Coalition, Liberated from the hustler. " "The Ministry of Planning has estimated the cost of reconstruction of the liberated areas at 50 billion dollars, and there are other estimates of up to 100 billion dollars." "The priority of the Iraqi government is to restore water and electricity to these areas, as well as education and health services," he said.

Views Date Added Date 05/07/2017 Content number 8101

[Synopsis]

This last article, if accurate, could be indicative of positive things to come! The next week to ten days could bear out other telling articles. With Alaaq's meeting this coming August on things Iraq has already fulfilled, I'm hoping this all transpires like greased lightning!

 

Go Moola Nova!

[yota691]

Planning to review its plan for the reconstruction of the liberated areas

economy

 Since 07/06/2017 10:26 pm (Baghdad time)

Baghdad balances News

Reviewed by the Ministry of Planning, its plan for the reconstruction of the liberated areas, stressing the work on the development of the private sector and strengthen the principle of partnership and attract capital.

The ministry said in a statement received / scales News / copy of it, and its minister, "Salman Jumaili participated in the work of investment, trade and reconstruction in Iraq, which was organized by the Iraqi Embassy in London conference, in cooperation with the Chamber of Commerce and Industry - British this week with wide participation by men Iraqi businessmen and British companies. "

He added the office, that "Jumaili reviewed Jumaili during the conference vision for the next phase of Iraq and related investment, reconstruction and business environment and trade for the post-liberation."

He Jumaili, during the conference, that "the next phase (post-liberation phase and the end of Daesh in Iraq) will see the economic and investment trends and wide within the framework of reconstruction and development process for the liberated areas by focusing on the development of the business environment of the private sector and encourage investment and the fight against poverty and economic reform."

He stressed that "the ministry in cooperation with national and international partners identified the development paths that are consistent and global trends to achieve the goals of sustainable development until the year 2030, and the work is going on in full swing to prepare a five-year National Development Plan (2018-2022)."

He added Jumaili, according to the statement, that "the ministry has prepared a detailed plan for the reconstruction of the liberated areas for the period 2017-2027 based on the recovery of these areas Aaguetsadia and socially through the attention and focus on vulnerable groups and youth empowerment and promotion of basic abilities, as well as the adoption of the principle of the employment crisis and invest as opportunities of development to bring about the changes and better results. "

He pointed out that "the reconstruction plan will be linked Bouktta first national development next two years (2018-2022) and the second (2023-2027) to ensure their implementation and to provide the necessary funds for the completion of infrastructure projects and the achievement of economic, human and social development."

The statement pointed out, that "Planning Minister spoke at the conference on economic trends towards strengthening the partnership between the public and private sectors and participatory with external parties and the government's plans for the settlement of government contracts and investment and to attract money domestic and foreign capital" .anthy 29 / A 43

[DinarThug]

CNN. Broadcasting From An Indecent Project In Baghdad !

 

 

(by don961)

Investment in Iraq .. Decent projects and the absence of laws attractive to capital

 Journal  July 6, 2017

  

Baghdad - Journal News 
According to a number of experts and specialists in the economic, that most investment projects in the country lagging because of the absence of laws attractive to foreign capital and the guarantor environment, calling on the federal government and parliament to activate laws that support investment to stimulate the Iraqi economy.

A member of the Committee on Economy and Investment MP, Jamila al-Obeidi said in a statement to the «Journal News» that "investment is an important step to move the wheel of life in the country, but Iraq since 2004 and during successive budgets did not do any pilot projects," noting that "the foreign investment that Entered Iraq has not been exploited optimally because the corruption spread like wildfire in the joints of the state. "

She stressed that "the ground of corruption in the state institutions and the political and partisan quotas exist played a major role in the delay of investment projects and the expulsion of investors, which led to increased unemployment rates in the country." 

For his part, the economist, Mitham Laibi told the «Journal News» that "foreign direct investment is limited in Iraq and limited to certain companies, such as some oil companies and mobile phones."

He added that "the foreign companies that exist now, although they are small but monopolistic companies with a high rate of profit, except there are companies with reasonable profits."

He explained that "foreign investments need an appropriate investment environment according to international standards, including: facilitate the business and the size of corruption and the rate of single treatment and the tax system if it is violated by Iraq, Iraq will be a kiss for investment." 

He pointed out that "these standards are long outside Iraq and Iraq always gets a few degrees, which leads to the alienation of many foreign investment companies."

He stressed that "Iraq is a country of rent and the most concentrated resources of the government, which gives investment through investment projects, the foreign company treated by the government and the treatment of the contractor and take from the surplus of profits."

He pointed out that "companies working in productive areas such as agriculture and industry do not risk the coming and investment because of the security and political situation in addition to the exchange rate of currency and government policies and the issue of opening the border is not appropriate."

 

http://www.aljournal.com/link

 

[Wiljor]

Iraq, July 8, 2017 

A senior United Nations official in Iraq told Reuters that it will cost more than $1 billion to repair the infrastructure of Mosul following a US-led campaign to support Iraqi forces in their battle to retake the city from Daesh’s control.

Although advances are still slow, the Iraqi army commanders expect to achieve a final victory this week after a fierce, eight-month long military campaign in the city that used to be inhabited by two million people. Daesh’s control is now limited to a 1,500-metre area by the Tigris River, Reuters reported.

The battle between the Iraqi forces and Daesh has resulted in the destruction of at least six districts out of 44 in Western Mosul and the displacement of almost half of the city’s population, the news wire added.

The UN Humanitarian Coordinator for Iraq, Lise Grande, said an initial assessment has shown that the “stabilisation” process, which includes repairing water, sewage and electricity infrastructure networks and reopening schools and hospitals, would cost more than double the initial estimates.

Damages are worse than expected and far worse in Mosul’s west compared to the east that was retaken from Daesh six months ago, she added.

“In western Mosul what we’re seeing is the worst damage of the entire conflict. In those neighbourhoods where the fighting has been the fiercest, we’re looking at levels of damage incomparable to anything else that has happened in Iraq so far,” Grande said.

middleeastmonitor

http://iraqdailyjournal.com/story-z15559233