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yota691

Saleh stresses the importance of following the decisions of the Kuwait Conference for the reconstruction of Iraq

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6 minutes ago, wc41 said:

This has long been my thought..... RI !!!. My understanding that each country's CBI decides/declares their rate tied to a very intricately woven world economic tapestry based on a litany of factors long discussed here. Adam, Yota, and ya'll here in this thread know how to keep it real! Love it!  @Synopsis, @6ly410, @dinarbeleiver Thankyou!!

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18 minutes ago, wc41 said:

This has long been my thought..... RI !!!. My understanding that each country's CBI decides/declares their rate tied to a very intricately woven world economic tapestry based on a litany of factors long discussed here. Adam, Yota, and ya'll here in this thread know how to keep it real! Love it!  @Synopsis, @6ly410, @dinarbeleiver Thankyou!!

GCR maybe

I hold Dinar, Rials, Dong, and rupiah. And for laughs 100 trillion zims. I don't believe the Zim is in play or ever will be as it was demontized however its doing very well as a collectors item

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The Council of Ministers launches the electronic gate of Baghdad to register foreign companies

11:29 - 17/12/2018

 
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BAGHDAD - 
The General Secretariat of the Council of Ministers announced on Monday the launch of the Baghdad electronic portal for the documentation and simplification of procedures for investors and the registration of foreign companies. 
"The Council of Ministers, in cooperation with the International Organization of UNCTAD and in coordination with the Economic Department of the US Embassy in Baghdad, launched the Baghdad e-Baghdad portal for the documentation and simplification of procedures for investors and registration of foreign companies," the statement said. 
The statement added that "the portal shortens the registration procedures of foreign investment companies from 34 to 18 steps, and is scheduled to include the electronic portal all administrative services for various sectors in the future."
The statement added that "the portal contains a manual of procedures for the registration of companies, the mechanism to submit the required documents, and how to obtain the certification of them, and steps to obtain the consent of registration, and the license of the work of foreign companies." 
The statement said that "the site provides investors with a summary of registration procedures, documents required to be submitted during registration, and financial costs for each step, and provides legal texts on the work of companies and investment." 
He pointed out that "the portal set the expected time period to obtain a certificate of registration, ranging from 5 to 11 days," explaining that "the work of UNCTAD and the Iraqi team continues to further steps for investment projects and features of the entry of cadres of investment companies."

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President of the Reconstruction Fund Mustafa Al-Hiti
  

 Emaar Construction


Economy News Baghdad

The head of the Reconstruction Fund for Iraq, Mustafa al-Hiti, on Monday, the routine and lack of cooperation of some provinces behind the delay in the completion of projects.

"The investment law is good, but the problem is its application, in addition to the bureaucracy," he said in a statement to Al-Ghad newspaper. "Reconstruction requires the killing of red tape in the government departments and the implementation of e-government."

He added that "Iraq needs coordination between the circles of government and the world," explaining that "the administration is still not good and is more dangerous than corruption."

He said that "since November 2016 until November 2018 there are 743 projects completed more than 443 projects in all provinces, and we have schedules in the completion of projects."

"Other projects within the World Bank and the German development and the Kuwaiti grant are well underway," he said. "We have 350 loans from the World Bank and another $ 400 million and $ 500 million from German development."

He pointed out that "there are 6 million displaced people returned more than four million, and this after the return of some of the infrastructure of bridges, roads and health centers."

He stressed that "who hinders the implementation of projects for the existence of some provinces are not cooperating in giving projects," pointing out that "from 30/7/2017 I asked the provinces to give me 18 projects did not respond only after a full year after we submitted many books and asked the Council of Ministers meeting With the provinces. "

"Administrative delay is more than anything else," he said.


Views 10   Date Added 17/12/2018

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Editorial date: 2019/1/8 19:01  141 times read
Iraq establishes special fund to guide reconstruction grants
Baghdad - The Ministry of Planning announced on Tuesday the establishment of the International Credit Fund in Iraq to guide international grants and loans, which Iraq received at the Kuwait donors' conference.
"Minister of Planning Nuri Sabah al-Dulaimi, received the ministry's office (Saroj Kumar J), director of the Mashreq Department of the World Bank, and the accompanying delegation in the presence of Deputy Minister of Planning Maher Hammad, while the delegation of the World Bank Yara Salem, Head of Mission in Iraq, Ramzi Noman, Operations Manager, and Lina Al Abbasi, Contracts Manager. 
"The meeting discussed the agreement on a joint action plan with an integrated strategy to strengthen the joint cooperation between Iraq and the World Bank to help the Iraqi government achieve economic reform and diversify the sources of funding, in preparation for the pledge by the World Bank to lend Iraq 6 billion and 500 million Dollars, over the next five years. "
"The priorities of the Fund's work will be to strive for economic reform in Iraq through the provision of basic services and the provision of qualitative support to the private sector," the statement quoted Minister Dulaimi as saying. "The ministry seeks to develop human capital, And create greater jobs at the national level. " 
For his part, the Director of the Mashreq Department at the World Bank praised the high cooperation and coordination directed by the Minister of Planning during the meeting, stressing that "the World Bank continues to support the implementation of programs and events in various fields", according to the statement.
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Iraq establishes special fund to guide reconstruction grants

Date of release: 2019/1/8 19:01  185 times read
Iraq establishes special fund to guide reconstruction grants
Baghdad - The Ministry of Planning announced on Tuesday the establishment of the International Credit Fund in Iraq to guide international grants and loans, which Iraq received at the Kuwait donors' conference.
"Minister of Planning Nuri Sabah al-Dulaimi, received the ministry's office (Saroj Kumar J), director of the Mashreq Department of the World Bank, and the accompanying delegation in the presence of Deputy Minister of Planning Maher Hammad, while the delegation of the World Bank Yara Salem, Head of Mission in Iraq, Ramzi Noman, Operations Manager, and Lina Al Abbasi, Contracts Manager. 
"The meeting discussed the agreement on a joint action plan with an integrated strategy to strengthen the joint cooperation between Iraq and the World Bank to help the Iraqi government achieve economic reform and diversify the sources of funding, in preparation for the pledge by the World Bank to lend Iraq 6 billion and 500 million Dollars, over the next five years. "
"The priorities of the Fund's work will be to strive for economic reform in Iraq through the provision of basic services and the provision of qualitative support to the private sector," the statement quoted Minister Dulaimi as saying. "The ministry seeks to develop human capital, And create greater jobs at the national level. " 
For his part, the Director of the Mashreq Department at the World Bank praised the high cooperation and coordination directed by the Minister of Planning during the meeting, stressing that "the World Bank continues to support the implementation of programs and events in various fields", according to the statement.
 
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Thats some nerve right there telling other Arab countries to " fulfill their commitments " when they are far from having their own " poop in a group " as it were. 

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Saturday 19 January
 
 
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Alsumaria News / Baghdad 
MP on the stream of wisdom Hassan Khalati, Saturday, the establishment of a fund to control the international grants obtained by Iraq , while pledged to promote the investment in the country stability of the security situation and political stability. 

He said in an interview with Alsumaria News, "The orientation of the country today should be an investment, therefore, the Conference of donor countries in Kuwait was supportive of the investment and reconstruction of Iraq," noting that "the establishment of a fund to control the funds provided within the grants States will contribute in directing funds properly "He said.

 

 


"There were loans to Iraq in order to establish investment projects specifically, including the Chinese loan, which is considered an important loan and will play a major role in the development of strategic projects in the country," said Khalati, "We had a meeting with the Prime Minister, where he stressed the need to invest the Chinese loan optimally" . 

He pointed out that he "earlier directed a parliamentary question to the President of the National Investment Authority on the amounts provided by the donor countries in the Kuwait Conference and the results obtained from them, where we answered then, but we need to dig deeper in this matter to know details in a clearer manner in order to direct these funds to serve the citizen "He said.

"The vision of the results of the donor conference in Kuwait and other conferences depends mainly on follow-up, and we believe that the government as long as the investment orientation with the presence of follow-up and provide conditions conducive to investment, including the security situation and political stability, the advancement of investment reality will be more clear in the near term."

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Deputy for: budget Nineveh 11% and the amounts of the Kuwait Conference is still unknown

08:50 - 22/01/2019
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Information / Baghdad ..

Nineveh province has received 11% of the budget in 2019, but there are claims to increase by 2%, stressing that the funds of the Kuwait Conference is still unknown and the government to clarify them for the purpose of reconstruction of the destroyed areas.

"Nineveh's share of the 2019 budget was 11 percent, but there is a tendency to add 2 percent to 13 percent," he said in a statement to Al-Maaloumah. "Nineveh deputies demanded this increase to rebuild the province and rebuild the destroyed infrastructure."

He added that "the funds of the Kuwait conference did not add anything to the budget of Nineveh, where the budget was calculated on the price of a barrel of oil, away from the amounts of the Kuwait Conference," noting that "Nineveh and other provinces did not seek any translation of what was adopted at the Kuwait Conference, where the subject is still ink on paper , As it is best that the provinces to create the appropriate ground for projects implemented funds of the Kuwait Conference.

He called on the central government to "clarify the outcome of the Kuwait conference, and the amounts received by the government from donor countries, and the mechanism to start the reconstruction process." Ending / 25 n

https://www.almaalomah.com/2019/01/22/384650/

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$ 85 million Kuwaiti loan to suppor t the affected areas in Iraq

$ 85 million Kuwaiti loan to support the affected areas in Iraq
Photo of an affected area in Iraq
 11 February 2019 04:29 PM

KUWAIT: Kuwait Fund for Arab Economic Development (KFAED) on Monday signed a grant agreement worth 25 million dinars ($ 85 million) with the Fund for the Reconstruction of Areas Affected by Terrorist Operations in Iraq.

The grant agreement signed today comes as part of the $ 100 million grant announced by Kuwait during the Washington donors' conference to support Iraq and contribute to humanitarian needs, the fund said in a statement.

The fund said that it signed the agreement for funding the emergency program for the health sector "Phase I" in January 2018 worth 4.5 million dinars ($ 15 million), which will contribute to funding projects for the processing of a number of health centers and hospitals in various Iraqi provinces.

He pointed out the importance of these projects in raising the level of health services in the affected areas in preparation for the return of the displaced to their homes and the rehabilitation of a safe and stable environment for them.

The projects include construction, rehabilitation and equipping of 32 health centers and hospitals distributed over the affected governorates. He pointed out that these projects include civil, architectural and electrical works, as well as the supply and installation of medical equipment for 25 health centers and hospitals.

He pointed out that the Fund for the reconstruction of areas affected by terrorist operations in Iraq will be responsible for overseeing the implementation of these projects while the Ministry of Health and its regional directorates will operate and maintain the elements of the projects.

The fund has already provided Iraq with three loans to finance projects in the sectors of energy, industry and education totaling 30 million dinars (98 million dollars), in addition to managing four grants to finance projects in the social sector worth 87 million dinars (286 million dollars).

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Editorial date:: 2019/2/11 16:28  137 times read
Kuwaiti grant for liberated areas in Iraq
{{Al-Furat News} The Kuwait Fund for Arab Economic Development (KFAED), on Monday, signed a grant agreement worth KD 25 million (about US $ 85 million) with the Fund for Reconstruction of Areas Affected by Iraq's Terrorist Operations.
"The grant agreement signed today comes as part of the $ 100 million total grant announced by Kuwait during the Washington Donor Conference to support Iraq and contribute to the coverage of humanitarian needs," the IMF said in a press release. 
"The first phase of the emergency program funding for the health sector (Phase I) in January 2018 was $ 4.5 million [about $ 15 million], which would contribute to funding projects to equip a number of health centers and hospitals in various Iraqi governorates" . 
"The importance of these projects is to raise the level of health services in the affected areas in preparation for the return of displaced persons to their homes and the rehabilitation of a safe and stable environment for them."
"The projects include building, rehabilitation and equipping of 32 health centers and hospitals distributed to the affected governorates," he said. "These projects include civil, architectural and electrical works, as well as the installation and installation of medical equipment for 25 health centers and hospitals." 
And that the Reconstruction Fund for Areas affected by terrorist operations in Iraq will be responsible for overseeing the implementation of these projects while the Ministry of Health and its regional administrations will operate and maintain the project elements. 
"Iraq has already provided three loans to finance projects in the energy, industry and education sectors, totaling 30 million dinars (about $ 98 million), as well as four grants to fund social sector projects worth 87 million dinars (about $ 286 million)," the IMF said. is over
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Kuwait grants Iraq $ 85 million for reconstruction
13:22 - 12/02/2019
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Information / Baghdad ..

The Kuwait Fund for Arab Economic Development (Hukoomi) signed Tuesday a $ 85 million grant agreement with the Reconstruction Fund for Iraq's Terrorist Affected Areas.

"The agreement comes as part of the $ 100 million total grant announced by Kuwait during the donor conference to support Iraq and contribute to humanitarian needs coverage in February of 2018," said a statement from the Kuwait Fund.

The statement added that "the funds to be disbursed aimed at the establishment of new projects include the construction and rehabilitation and the preparation of 32 health centers and hospitals distributed to the affected provinces, as well as civil works, architecture and electricity."

Kuwait has already provided 3 loans to finance projects in the energy, industry and education sectors with a total of 30 million dinars ($ 98 million), as well as managing four grants for social sector projects worth 87 million dinars (about 286 million dollars). Ending / 25

https://www.almaalomah.com/2019/02/12/388478/

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2019-02-12 BY SOTALIRAQ

 

 

KURDISTAN TO KUWAIT: Your aid has eased the burden on the government

 

 

The head of the Kurdistan Regional Government, Nigirvan Barzani, on Monday, the importance of the role of Kuwait in providing humanitarian assistance to the displaced in the region.

The Kurdistan Regional Government said in a statement that Nezhirvan Barzani received this afternoon, Omar al-Kandari, Consul of the State of Kuwait in the Kurdistan Region and a delegation accompanying him.

"In addition to expressing his pleasure to meet with Barzani, Barzani said during a meeting with the Kurdistan Regional Government and the Prime Minister successfully overcome crises and accommodate large numbers of displaced people and refugees, and talked about the assistance his country provides to displaced people and refugees.

For his part, Najirvan Barzani praised the "visit and the Kuwaiti humanitarian aid to displaced people and refugees in the Kurdistan Region, and in this regard, he thanked the Amir of Kuwait and the Kuwaiti Consul in the Kurdistan Region for providing such assistance, which was a good help.

He pointed out that "on the other side of the meeting, the two sides discussed the political and security situation of the region, the relations of Erbil - Baghdad, the recent visit of the Prime Minister of the Kurdistan Region to Baghdad and his meeting with the Prime Minister of Iraq, relations with neighboring countries and the strengthening of relations between the Kurdistan Region and Kuwait in various fields".

https://www.sotaliraq.com/2019/02/12/كوردستان-للكويت-مساعداتكم-خففت-الحمل/

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Thursday, February 14, 2019 01:34 PM
Number of readings: 77

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The head of the reconstruction fund of the affected areas, Mustafa al-Hiti, on Thursday, the arrival of completion rates of projects that began in 2016-2017 to 99 percent, indicating that there are 26 billion of investment loans allocated at the Kuwait Conference and stalled because of delayed formation Iraqi government.

Al-Hiti told "Iraq News" that "the completion rates in the projects that were established in the areas affected by terrorism for the year 2016 - 2017 amounted to 99 percent and projects in 2018 also reached the advanced stages."

He added that "there are 26 billion dollars within the investment loans allocated by the countries in the Kuwait Conference for the reconstruction of Iraq and is now waiting for the formation of the Iraqi government and know the policy of Iraq where to turn and then launch."

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An international financial institution providing its services to Iraq in the field of investment

01:28 - 14/02/2019

 
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BAGHDAD (Reuters) - 
Secretary-General of the Council of Ministers Mahdi Al-Alak on Thursday discussed with the delegation of the International Finance Corporation the provision of advisory services to Iraq. 
The Secretary General of the Council of Ministers met with a delegation from the International Finance Corporation to invest in infrastructure projects represented by the head of the mission, Ziad Badr and Christopher Cantalmi, Chief Investment Officer and accompanying delegation members of the Department of Management Infrastructure and natural resources in the enterprise the possibility of implementing infrastructure projects in priority liberated areas, especially in the energy and housing sectors. "
He added that the meeting discussed the strategic framework for investment in Iraq, ways to develop the private sector and lessons learned from the company's experience in this field by supporting investors to invest in priority infrastructure projects (electricity, gas collection and processing, transport and water) Financial and advisory services to companies with an estimated funding of about $ 400 million to raise the level of performance in other countries of the world, which was pointed out by the representatives of the institution through their experiences in the Middle East and North Africa. 
The Secretary-General called on the Foundation to "invest its experience and expertise in the financing of the housing and energy sectors, stressing the importance of moving to future steps in the context of realizing the commitments and pledges of donors and investors emanating from the Kuwait Conference to support the government's efforts in the reconstruction of liberated areas."   
IFC, the sister institution of the World Bank and a member of the World Bank Group, is the world's largest private sector development firm focusing on emerging markets. It cooperates with more than 2000 companies worldwide

 

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13 hours ago, yota691 said:

 

Thursday, February 14, 2019 01:34 PM
Number of readings: 77

irq_1878574973_1550140471.jpg&max_width=300

 

The head of the reconstruction fund of the affected areas, Mustafa al-Hiti, on Thursday, the arrival of completion rates of projects that began in 2016-2017 to 99 percent, indicating that there are 26 billion of investment loans allocated at the Kuwait Conference and stalled because of delayed formation Iraqi government.

Al-Hiti told "Iraq News" that "the completion rates in the projects that were established in the areas affected by terrorism for the year 2016 - 2017 amounted to 99 percent and projects in 2018 also reached the advanced stages."

He added that "there are 26 billion dollars within the investment loans allocated by the countries in the Kuwait Conference for the reconstruction of Iraq and is now waiting for the formation of the Iraqi government and know the policy of Iraq where to turn and then launch."

Thanks Yota, that alone should be a  motivator. 

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The start of the first phase of the projects of the Kuwaiti grant for the reconstruction of Iraq

Article has no date..
 

The reconstruction fund for Iraq's war-affected areas announced next week that the first phase of the $ 100 million Kuwait grant to Iraq project at the Washington donor conference will be launched. 
The first stage will include the implementation of 19 health projects at a cost of 15 million dollars, followed by the second phase of the implementation of 32 projects worth 85 million dollars. 
He explained that the projects include the reconstruction, rehabilitation and equipping of several hospitals and the construction of damaged sections in other hospitals in five provinces affected by the war against terrorism. 
He pointed out that the Fund is currently discussing with the Kuwaiti side the possibility of merging the two phases together and completing them as one stage.
The Kuwait Fund for Arab Economic Development recently announced the signing of the second phase of the grant with the $ 85 million reconstruction fund for areas affected by terrorist operations after signing the first stage of the $ 15 million grant in January last year.

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Article has no date..

Worth $ 100 million Iraq: The first phase of the Kuwaiti grant projects will start next week

 

 
 

BAGHDAD (Reuters) - The Reconstruction Fund for Iraq's Terror-Affected Areas announced next week that the first phase of the US $ 100 million Kuwait grant to Iraq project at the Washington donor conference will be launched. 
The first stage will include the implementation of 19 health projects at a cost of 15 million US dollars, followed by the second phase of the implementation of 32 projects, which cost 85 million dollars. 
He explained that the projects include the reconstruction, rehabilitation and equipping of several hospitals and the construction of damaged sections in other hospitals in five provinces affected by the war on terrorism. 
He pointed out that the Fund is currently discussing with the Kuwaiti side the possibility of merging the two phases together and completing them as one stage.
The Kuwait Fund for Arab Economic Development recently announced the signing of the second phase of the grant with the US $ 85 million Reconstruction Fund for Areas Affected by Terrorist Acts, after signing the agreement for the first phase of the grant, amounting to US $ 15 million in January. last year.

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Al-Hiti: $ 100 million Kuwaiti grant to rehabilitate the health sector

 
Baghdad / Omar Abdul Latif
 
The head of the Reconstruction Fund for the Areas Affected by Terrorist Operations Mustafa Al-Hiti predicted that the year 2019 will witness a revolution in the reconstruction projects of the liberated areas, confirming the signing of the Kuwaiti grant for the development of the health sector in the affected provinces of 100 million dollars and receiving 118 mechanisms from the People's Republic of China to serve these areas.
"The year 2018 witnessed the completion of 200 projects, while the completion of 165 projects in 2017 and 153 projects in 2016," he said, hoping that "this year's budget will be double the figure allocated During the past year. "
He added that "the projects carried out within the federal budget amounted to 85 percent completion, and there are ongoing long-term projects require more than two years to complete, including the Ramadi and regulating the river, which regulates the level of the Euphrates river from Ramadi to southern Iraq, which the number of beneficiaries 10 Millions of citizens, as we started it since 2017 and reached a completion rate of up to 80 percent. "
He said that "147,000 housing units have been damaged in the liberated areas, 59 percent of which have been partially damaged, while the damage in rural areas is more than urban," noting that the number of displaced people has declined to 750,000 Displaced people are still in the camps. "
The fund's president said that "a two-day grant from the Kuwait Development Fund of 100 million US dollars has been signed to rehabilitate the health sector in the provinces affected by the terrorist operations." He added that "next week will see the start of the first phase and the announcement of projects that include processing, reconstruction and rehabilitation 19 projects, which represents the first part of the grant of $ 15 million. "
He pointed out that "the second part of the grant, which was allocated to 32 projects at a cost of 85 million dollars, will include the construction of health centers and hospitals that have been destroyed, including Ramadi educational hospital, processing and vertical part of the peace hospital in Nineveh province," noting that "there are discussions with the Kuwaiti side In order to integrate the first and second phases to avoid delays in the implementation of projects. "
Al-Hiti pointed out that "the first phase projects are provided by a Kuwaiti contractor and another Iraqi, and there could be a merger between the two contractors led by Kuwait, the second phase will be a coalition of Kuwaiti-led contractors as stipulated in the agreement."
"The People's Republic of China has given the areas affected by the terrorist operations 118 municipal mechanisms, including excavators, water tankers, cabins and all municipal affairs in the affected provinces, in addition to 105 containers as backup materials," he said.
He added that "these mechanisms were distributed by 36 mechanisms for each of the provinces of Nineveh and Anbar, 18 mechanisms for Salahuddin and 9 mechanisms for Kirkuk, 11 of them to Diyala and 7 mechanisms for the capital of Baghdad, one state of northern Babylon," stressing that "the distribution was in accordance with the size of the damage suffered by each province And the population. "

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Halabousi discusses with the Emir of Kuwait a number of economic files

 
Baghdad / Al-Sabah
 
The Speaker of the House of Representatives, Mohammed Al Halbusi, discussed the bilateral relations between the two brotherly countries on Wednesday. support the international community and friendly countries.
The meeting discussed the support of the Iraqi government and its support in the field of electric energy and the provision of quick alternatives to long-term projects to connect Iraq to the electrical system of the Gulf States, as well as reference to the need to follow up the outcomes of the donor conference in Kuwait And identify the priorities that Iraq needs; to start turning them into projects on the ground ».
The meeting also discussed the contribution of the international community to the reconstruction of liberated cities, the return of the displaced people and their stability, and the initiative of signing the Kuwait Fund for Arab Economic Development Fund with the Reconstruction Fund for Iraq and granting $ 85 million in the total grant of $ 100 million aimed at establishing new projects to rehabilitate the health sector. Will include the construction and rehabilitation and equipment of 32 health centers and a hospital distributed among the affected provinces ».
According to the statement, "the joint security cooperation file in the field of combating terrorism, activating the trade movement between the two countries, and the high priority, in order to provide all facilities for Iraqi and Kuwaiti traders."
The Speaker of the House of Representatives arrived in Kuwait on an official visit and was received by the Speaker of the Kuwaiti National Assembly Marzouq Ali Al-Ghanim.
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 Emaar Construction


Economy News Baghdad:

The Ministry of Planning signed an agreement with the European Union (EU) to implement economic projects worth 41.5 million euros.

"Today we signed an agreement with the Ministry of Planning for an amount of 41.5 million euros to activate the work and implement a number of projects in the province of Basra and the rest of the other Iraqi cities," said the European Union ambassador to Iraq, Ramón Belkwa, in a press conference with the Minister of Planning Nuri Sabah al-Dulaimi in Baghdad.

"The agreement is a continuation of the agreement signed last December by the European Union's commitment to Iraq through the provision of employment opportunities and the implementation of economic and service projects. It also confirms the commitment of the Union to its commitments at the Kuwait conference," he said. The economic interface of Iraq and therefore the development of something important for Iraq. "

For his part, said Minister of Planning Nuri al-Dulaimi that "Basra suffers from many challenges and need projects to promote them," stressing that "the ministry will support this province and stand on its needs and go to them to complete these projects."

"The European Commission and the Government of Iraq today signed a € 41.5 million financing agreement to support socio-economic development by creating jobs and generating income in war-affected areas of Iraq , " the European Commission said in a statement. And the financial crisis. "

"Under this agreement, the EU will promote measures to support urban development in Mosul, Basra and rural areas of Ninewa governorate, allowing vulnerable young people, women and returnees to create income opportunities and provide services in response to their needs. This program will be developed within three Ingredients".

"The first component will focus on urban areas and will seek jobs or access to income through the reconstruction of buildings of historical cultural significance and economic revitalization of the old cities of Mosul and Basra. This project will be implemented by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as part of the main initiative Mosul neighborhoods ".

"The second component will focus on the rural areas of Nineveh under the auspices of the Food and Agriculture Organization (FAO), which will support the re-energization of rural economic activities to allow sustainable return and reintegration of returnees into their communities of origin by increasing income opportunities and improving service delivery."

"The third component will support entrepreneurship for young people by providing technical and financial support and services, making it easier for young people to launch their entrepreneurial projects."

"The agreement reinforces the 72.5 million euro development aid package launched last December, which shows the EU's significant support for development efforts in Iraq," she said.

"The European Union in this agreement signed today continues to fulfill its commitment to support the Iraqi government in the reconstruction and revitalization of the country's economy," said EU Ambassador to Iraq Ramon Blakeau.


Views 5   Date Added 02/19/2019

 
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Tuesday 19 February
 
 
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Alsumaria News / Baghdad
signed the Ministry of Planning, Tuesday, with the European Union Convention for the implementation of economic projects worth 41.5 million euros. "We signed with the Ministry of Planning an agreement worth 41.5 million euros in order to activate the work and implement a number of projects in the province of Basra and the rest of the other Iraqi cities ," 

said the ambassador of the European Union in Iraq, Ramon Belkwa, in a press conference with the Minister of Planning Nuri Sabah al-Dulaimi in Baghdad and attended by Alsumaria News. "He said.

 


"The agreement comes as a complement to the agreement signed last December by the European Union's commitment to Iraq through the provision of employment opportunities and the implementation of economic and service projects. It also confirms the commitment of the Union to its commitments at the Kuwait conference ," he said. The economic interface of Iraq and therefore its development is important for Iraq. " 

For his part, the Minister of Planning Dulaimi said that "Basra suffers from many challenges and needs projects to promote them," stressing that "the ministry will support this province and stand on its needs and go to them to complete these projects." 

It is noteworthy that many of the demonstrations emerged from the province of Basra during the past year to protest the deterioration of services and demand for job opportunities.

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Iraq signs a financing agreement with the European Union for € 41.5 million

Iraq signs a financing agreement with the European Union for € 41.5 million
Part of the signing of the Convention
 19 February 2019 06:17 PM

The Iraqi Minister of Planning, Nuri Sabah al-Dulaimi, signed an agreement with the European Union Ambassador to Iraq, Ramón Belquois, to finance economic and social development projects, which will be implemented by the United Nations programs in Iraq, in cooperation with the concerned authorities. In the central government, and local governments .

Nuri al-Dulaimi said in a joint press conference with Ambassador Blikwa and Basra Governor As'ad al-Eidani that the aim of these meetings is to find quick practical solutions and to identify the optimal investment opportunities for international efforts to support the work of local governments and central government stakeholders .

He added that the ministry will work with the international community and stakeholders in service ministries to launch several vital projects in the provinces of Iraq.

He pointed to the efforts that the ministry will continue to implement in cooperation with the local government of Basra, to rehabilitate the projects of the province, and resume the stalled, especially projects with advanced completion rates .

Dulaimi said that the agreement will strengthen the ministry's development plans in liberated areas, urban areas in the provinces of Basra and Nineveh, and provide them with basic services.

The first of these will be implemented through the United Nations Educational, Scientific and Cultural Organization (UNESCO), as the organization will reconstruct buildings of historical and cultural importance, revitalize the old cities of Nineveh and Basra, restore life to these cities and provide jobs for their children. .

The second section will be implemented by the Food and Agriculture Organization of the United Nations (FAO) to revive the economic activities in Nineveh villages, support the voluntary return of displaced people, provide jobs and improve services, while the third section will be implemented with local and international cooperation to provide technical and financial support to youth projects, And provide the right environment for launching their entrepreneurial projects .

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Iraq, EU agree to implement €41.5m in projects in Basra

 

Iraq's Ministry of Planning signed an agreement with the European Union on Tuesday on the implementation of economic projects worth 41.5 million euros in Basra and other Iraqi cities, EU Ambassador to Iraq Ramon Blecua said.

Blecua's remarks came during a press conference with Iraq's Minister of Planning Nouri al-Dulaimi.

Blecua said that the agreement is a continuation of the agreement signed last December, by which the European Union is committed to provide job opportunities to Iraqis and to implement economic and service projects.

For his part, Dulaimi said that Basra suffers from many challenges and that it needs projects to improve its situation, adding that the ministry will support the province and meet its demands.

 

https://www.thebaghdadpost.com/en/Story/36503/Iraq-EU-agree-to-implement-41-5m-in-projects-in-Basra

 

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