Friday, January 15, 2016
Official Gazette published the parliament's decision to support his reforms and amend the investment law
Official Gazette published the parliament's decision to support his reforms and amend the investment law2016/1/14[Baghdad-where]Official Iraqi facts newspaper published a number of laws, decisions, regulations, instructions and decrees, approved by the House of Representatives and endorsed by the Presidency of the Republic.The general director of the Iraqi facts circle Muhannad Zebra in a statement to Osalh of Justice that "the salient features of the new issue [4393] property installed in farmland and orchards excluded from the settlement works of No. 49 of the 2006 Law."He Zebra also released in the newspaper "the Second Amendment to the Investment Law No. 13 of 2016 law"."The number included Resolution No. 55 of 2015 and private support of the House of Representatives and the support for the package of parliamentary reforms, in addition to a number of decisions," pointing out that "the most important statement number of instructions, is to organize the work of the supreme body of Directors' Meeting for the Hajj and Umrah No. 1 of 2015 "https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.alliraqnews.com%2Fmodules%2Fnews%2Farticle.php%3Fstoryid%3D27115&edit-text= |
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Rapporteur of the parliament: the financial crisis hampering legislation important economic laws
Rapporteur of the parliament: the financial crisis hampering legislation important economic laws
01/11/2016 (00:01 pm)
BAGHDAD / Ibrahim Ibrahim - the long-Presse
He confirmed the decision of the parliament Imad Youkhana, on Sunday, that the financial crisis will impede legislation some laws "mission" because of the guaranteed financial implications, what was seen as an economist that the legislation of laws to new institutions and government agencies represent an economic suicide in the presence of the financial crisis.
The decision of the parliament Imad Youkhana In an interview with the (long-Presse) that "there are some important laws that include financial implications and that the government had withdrawn to make some adjustments, including revenue monitoring body that needs a lot of money and the law of the Federal service and vote on the appointment of special grades Law," noting that "The financial crisis will impede the passing of such laws." Youkhana added that "there are other laws include the financial implications, but that it is possible legislation into law pension and social security, which supports worker and self-funded," pointing to "the importance of this law being a support worker of his money without having to spend money from the government, "pointing out that" the law is close in some paragraphs of European laws. "He pointed Youkhana that" oil and gas law is not in it any financial consequences but will bring financial and imports of the country and lack of legislation has nothing to do financial consequences but needs political agreement, "asserting that" the differences between the federal government and the province to prevent legislation. "For its part, the Economic Commission is expected to pass three laws to support the Iraqi economy during the next legislative term, while confirming that those laws do not include any financial consequences. She said committee member Nora Albjara in an interview to the (long-Presse) that "there are three important laws in the current session, but it does not include any financial implications," expected to "be passed those laws during the current legislative term." Albjara added that "these laws are all from law Special commercial agents those wishing access to agencies of international companies or open a business and agencies in Iraq to those companies, "indicating that" the second law is the law establishing the refineries, which regulates the process of establishing refineries in Iraq. "She noted member of the Economic Committee that" the third law is the Statistics Act population, which is the most comprehensive of the population being submitted studies and solutions, "pointing out that" those laws will be passed in the House of Representatives in the next stage after the resumption of the House of Representatives for his work. "The global oil prices fell more than 60% since the summer of 2014 the past, What is the effect on imports of countries that rely on it as a resource for its economy basis, including Iraq. In turn, economist Mohammed Abdul Latif Al-Ani said in an interview for the "long" that "the economic crisis experienced by the country's need to issue laws do country forgotten resources for years without resorting to borrow money from abroad and wasted again. " He added that "most of the government institutions that have been developed after 2003 was for political purposes it is unnecessary and redundant, but drains billions of dollars a year to please the people by giving them fake positions in the state." He said al-Ani, "The legislation of new laws Institutions and Government Organizations and the country is going through a severe financial crisis is economic suicide may lead the country to disintegration and collapse, so it is the duty of the government first and Parliament II plans to scrap many of the institutions, integrate and take advantage of the functional cadres to reducing its functional structure and reduce state spending. "He said the" economically developed countries Most government institutions reduced to a certain number of staff commensurate with the number of inhabitants and an estimated annual spending way that does not affect the delivery of basic services to its citizens. "He said al-Ani said" the government stay on its approach to waste money and not to activate and support the private sector to move the domestic market, puts Iraq on the brink of bankruptcy soon no more than three months at best, so the incentive to adopt an economic revolution for the restructuring of the Iraqi economy in a comprehensive manner. "
Tomorrow .. Cabinet held its meeting in Basra and his government demanding more powers
Tomorrow .. Cabinet held its meeting in Basra and his government demanding more powers
Monday, January 11, 2016
BAGHDAD / .. The local government confirmed in the province of Basra, on Monday, the Council of Ministers meeting will be held on Tuesday in the province, as demanded by granting greater powers. Said Board Member Basra originated Mansouri's "Eye Iraq News" that "the Government of Basra do not care nor the optical Street cares about the venue of the Cabinet meeting as much as bother to discuss the issue of Basra in the session," noting that "the committees of the Basra wrote a number of observations and proposals to be submitted to the President The federal government and his ministers gathered in Basra. "
Al Mansouri added that "we ask the Council of Ministers to grant wide powers to the local government in Basra to upgrade the sites to maintain service and economic," explaining that "the federal government wants to send a message from the meeting that the situation in Basra to maintain security."
The senior source revealed in the province of Basra, on Monday, that the Prime Minister Haider al-Abadi will chair tomorrow's Cabinet meeting in Basra province.
IMF Managing Director Approves a Staff-Monitored Program for Iraq
IMF Managing Director Approves a Staff-Monitored Program for Iraq
January 12, 2016
The Managing Director of the International Monetary Fund (IMF) approved a Staff-Monitored Program (SMP)* for Iraq covering the period of November 2015-December, 2016, on which the authorities and staff had reached ad-referendum agreement in November 2015 (see Press Release No. 15/509).
Iraq is facing a double shock arising from ISIS attacks and the sharp drop in global oil prices. The conflict is hurting the non-oil economy through destruction of infrastructure and assets, disruptions in trade, and deterioration of investor confidence. The impact of the oil price decline—already felt in 2014—intensified in 2015, affecting the budget, the external sector, and medium-term growth potential. The authorities are responding to the crisis with a mix of fiscal adjustment and financing.
To help address the present and urgent balance of payments and budget needs triggered by the ISIS attacks and the collapse in oil prices, the authorities have also requested an SMP to establish a track record of policy credibility to pave the way to a possible Fund financing arrangement. Under the SMP, the authorities will implement fiscal consolidation that will contain public expenditure in line with available revenue and financing, and aim to reduce the non-oil primary deficit by US$20 billion or 12 percent of non-oil GDP between 2013 and 2016. Under the SMP, agreement has also been reached on measures to strengthen public financial management, anti-money laundering and countering the financing of terrorism (AML/CFT), and financial sector stability.
The IMF has assisted Iraq in strengthening economic institutions and in providing advice to the government on economic policies and reforms for more than a decade. IMF staff will work closely with the authorities to monitor progress in the implementation of their economic program. In addition, the IMF will continue to provide technical assistance to support Iraq’s capacity-building efforts and its reform program.
Zebari, representative of the World Bank discuss procedures for loans provided to Iraq
Zebari, representative of the World Bank discuss procedures for loans provided to Iraq
Economy | 11 January 2016
BAGHDAD / Treasures Media -
Finance Minister Hoshyar Zebari discussed on Monday with the World Bank representative in Iraq, Robert Abu quality procedures for the loans provided by the Bank of Iraq.
A statement by the Ministry of Finance received (Treasures Media) a copy of "Zebari met with World Bank representative in Iraq During the meeting, they discussed cooperation relations between the government and the World Bank and discuss measures to loans provided by the Bank of Iraq, which include loan reconstruction and rehabilitation of the liberated areas of terrorism Daash and to provide assistance in key sectors and vital to achieve stability and to ensure the return of displaced persons and displaced persons.
"The second loan includes financing of development policy to support the 2016 budget.
Disclaimer are reviewing all the comments, published in only after approval. And it reserves the agency Treasures Media the right to remove any comment at any time, for any reason, and will not publish any comments that includes abuse Ookhroja about the subject at hand, or that includes the names of any persons or deals with stirring to dredge sectarianism or racism hoping comply with a sophisticated level of the comments as they express the progress and the culture of the agency visitors note that the comments reflect the owners only.
Iraq sends a memorandum to the IMF expected decline in foreign reserves in 2016
Iraq sends a memorandum to the IMF expected decline in foreign reserves in 2016
Since 01.13.2016 at 08:54 (GMT Baghdad)
Follow-up - the balance of News
Iraq said in a memorandum to the International Monetary Fund, he plans to finance the deficit in its balance of payments by drawing on foreign reserves, including make it go down to $ 43 billion in 2016 from 59 billion at the end of last October.
The Iraqi government said under the program approved by the IMF as a precondition for the loan that is expected to reach a balance of payments deficit of $ 14 billion in 2015 to shrink to $ 11 billion in 2016.
Iraq, said the estimated gross domestic product will grow by 1.5 percent in 2015 and 10.6 percent in 2016 to increase its oil production while oil prices fall to a deficit in the budget will result in a 15 percent of GDP in 2015 and a deficit of 10 percent in 2016 ended 29/4 e
Welcome to Iraq Finance 2016
Welcome to Iraq Finance 2016
7-8 March, 2016 Beirut, Lebanon
2016 is a pivotal moment for Iraq’s strategic efforts to sustain economic progress and develop new financing opportunities. The country’s government is facing up to the long awaited structural and administrative reforms which, when implemented, will reveal the immense investment potential in an economy poised for expansion. Iraq’s economy is proving to be remarkably resilient, demonstrated by the increased focus on providing security and promoting transparency. The country is opening up for privatisation and is offering new opportunities for foreign direct investment across the industries, particularly seeking international partners to modernise its financial services infrastructure. In addition, as the country is becoming less dependent on the oil revenues, it seeks to establish new partnerships to deal with a number of urgent fiscal and political issues and fund infrastructure projects to boost the oil and gas, electricity and transportation projects. In an effort to open the market, demonstrate its commitment to development and attract investors, Iraq is set issue USD 2 billion worth of international bonds in 2016 under the World Bank guarantees.
The Iraq Finance 2016 conference gathers together all major stakeholders involved in directing the economic development of Iraq towards greater growth and stability.
The Opportunity
Hear from the highest ranking Iraqi officials
Iraq’s banking and financial industry, risks and opportunities
Network at a high level
Discover new business niches
Seal deals with top decision makers
Keynote speakers of Iraq Finance 2016
Ali al-Allaq
Governor of the Central Bank of Iraq
Dr Sami al-Araji
Chairman, National Investment Commission
Hamdiyah Al-Jaff
President & Chairman of Trade Bank of Iraq
The deterioration of the economic situation in Mosul dire
The deterioration of the economic situation in Mosul dire
1/13/2016 0:00
After the closure of factories and warehouses
Mosul Sunrise Maher
eventually become Mother of Two Springs, which was home to about one million people live in the good economic situation and the openness to the outside world, are now suffering from scarcity of resources and lack of jobs and increasing the scope of sanctions and harsh public. Also, the communication between the residents of the city and with the outside world has become very difficult and holds many notification.
Collapse of morale and psychological fracture suffered by herds «Daash» terrorist, as a result of successive blows and victories achieved by our security forces, the elements that have become was confident that the end has become very close with the continuous shrinking of the space occupied territory, led to the asylum leaders of the Mughal Era to transform or Rabiein to a large military barracks and stores weapons and materiel.
According Mousliyn, the organization «Daash» took over most of the laboratories and factories scattered in the city pretexts and arguments different around to stores of weapons and gear or plants for the manufacture of containers and booby-trapping wheels, arguing that with the siege imposed on the city and stop these labs, the unemployment rampant almost entirely in faded economic activity, is no longer one sees movement in the markets, which are free of shoppers.
stresses sources that «Aldoaash» closed (about 402 ) plant and a factory distributed among the general Nineveh province and its Mosul orders by the leadership of obscurantist organization.
Sources indicate that some of these plants and factories owned by industrialists and traders of minorities and other components were confiscated on the grounds that they go back to »Kfar» and became among the «state property», arguing that predominantly turned to stores of weapons and ammunition and plants for the manufacture of explosive devices after stealing all its contents.
says Mr. David Said, who owns six plants for Tippy, milk and sweets distributed in the industrial area, North side of Mosul, said that «the actions of the elements of the crime exhausted the people of Mosul and caused significant them material losses After the confiscation of factories and laboratories that were moving the local economy and produce food items distributed among the shops Mosul and covers the need for their markets as well as they once provided Muhanna a large number of people of the province ».
and escalate a state of anxiety and discontent largely by the people of Mosul as a result of the collapse of the economic side after being captured Daash wild herds and drop administrative fully from Baghdad. He complained a large number of people of the city of worsening living conditions and lack of services almost completely what led them to follow the primitive methods for the conduct of their lives haphazard, while waiting for the liberation of those gangs before growing humanitarian tragedy.
It is believed by many observers need to move quickly in order to liberate the city and save the trapped population, especially that of our armed forces, which increased the moral status of its members has regained the lead in the case against the horror and refraction suffered by «Aldoaash» after receiving a fatal blows and great losses on the battlefield.
Farewell rentier economy in 2016
Farewell rentier economy in 2016
Monday, January 11, 2016
Farewell rentier economy in 2016 Farewell rentier economy in 2016
The invitation to bid farewell to the rentier economy in 2016, and the mean necessarily initiate change societal formations in our country to the formations controlled by the relations of production, but the question here is how this will be managed profiles that are currently represented by rent-seeking society?
How can they leave their relations rentier with the mother country and is unable to weaning, at a time when still parasitic class that matured in the previous stages which enshrined in the years after the change benefiting from the proceeds of the state through its influence and its influence on government institutions?
The concept farewell rentier economy does not mean the transfer of sovereignty and power of the state to the parasitic class and then have the rents and the parish, and those who believe and shareholders that the rapid transition towards a market mechanism without controls will contribute to overcome the current financial crisis, they are pushing for crystallization rents in another for the benefit of the parasitic class to the poor account.
as The concept of the rentier state does not stop at «the adoption of the state on one source of income, which is often a natural» but extends to the acquisition of the ruling authority on this source, which is often a monopoly on the legality of the possession and the legality of its distribution, and therein lies the paradox Vlsaleh of went bank loans backed by the Treasury State over the past years and how much ?, estimated monetary bloc, which benefited the powerful actors size? And in favor of central bank sales during the previous twelve years? It is those who benefited from financial corruption and mismanagement of the reconstruction projects ?, may be the answer here is that the loans went to support the real sector and the central funds went «to finance foreign trade», but the regulators and the relevant authorities have not been able to follow the movement of these loans toward its goals, which ranged between (billion to 100 billion dinars per loan), which was mostly of the share or backed by influential parties or individuals window members are proficient to provide gifts and gifts. Worse still, some of these loans became hopeless of debts on the grounds that the projects were destroyed in the territories occupied by Daash or in nearby areas, the projects did not show originally for the presence of, or under the pretext of the stoppage of work due to transportation routes interruption, or exposed to weather conditions or epidemics or interruptions of electrical supply lines or the like, as she was some dollar selling funds that mature now in accounts and deposits outside the country escape for the benefit of individuals and groups were able to turn the corruption sell the currency readily file, at the time ranged from the dollar in the parallel market rate at 1250 dinars rate The auction Central 1166 dinars, as well as on the sale of imported goods at the parallel market.
and thus was able to these individuals or entities influential reap royalties from the edge of the corruption that was not limited to what was produced by poor implementation contracting and which were the preserve of kin and the owners of loyalties, then we are now over the bourgeoisie made by the previous stages due to financial mismanagement, corruption and bureaucracy, and is intended for this layer to lead the transition from a rentier economy to a diversified economy revenue and is still parasitize the government apparatus! Thus, the middle class and below from poor layers, have to bear the brunt of this shift and the burden of austerity at the same time.
From this point should be on those in charge of this transformation, which is dictated by the necessary years of plenty since, should be aware that the economic diligence means inventing ideas in scarcity including not mortgage the economic potential of the country, however, the parasitic classes does not hurt the poor classes, everyone knows that what has happened in the country from crises successive was not due to interventions and internal and external conspiracies and by, but was and still is caused by a rentier society lineup where piety loyalties relations and nervousness, it is necessary important to leave the rentier economy as a whole, it is clear that the attention is focused on diversifying the sources of national income, but omits other type of rent, called «the proceeds of sovereignty» resulting from internal sources for the activities of the state due to the misuse of public money and the proceeds of financial speculation, as are the pursuit of profit without any effort, across snooping on the proceeds of services and support programs for the productive sectors and this is what we expect of monetary mass to be launched by the central bank, amounting to about six trillion dinars for banks specialized civil and banks, especially that leaks talked about the inability of these banks to make these loans electronically as I want it, and will be adopted the traditional ways in which marred a lot of corruption in the granting of loans, and therefore will go this money also went elsewhere for the stomachs of influential and payers donations and gifts.
and the fear List from the sale of public companies for the benefit of capital, which matured in the years of corruption .. Accordingly, the awakening that seized the mind the administrative state to diversify sources of national income, need to be the conscience of a national do the national strategy to combat corruption promised by the government program and is pushing for legislation to prevent drug users in the policy of using their influence in the government apparatus, and put an end to the intrusion of the beneficiaries on the proceeds of the state .. Otherwise, the departure of the rentier economy will be pure logo price is paid by the poor in a time of austerity, without change in the form of rent-seeking society in which it will continue to sectarian loyalties and Altakndqat and grow up in it Alotfelln food on the account and the poor at the expense of the future of social justice.
The adoption of the electronic system in the collection of the profession of the announcement in Baghdad fees
The adoption of the electronic system in the collection of the profession of the announcement in Baghdad fees
History of edits:: 2016/1/12 12:35
[Baghdad - where]
the secretariat of Baghdad announced its dependence on the electronic system in the collection of advertising profession of taxpayers who engage in commercial activities in the general areas of the capital Baghdad fees.
According to a statement of the Secretariat of the Agency has received all of Iraq [where] a copy of "the secretariat of Baghdad decided the electronic system adoption in the collection of professional fees and advertising provided by the law and municipal wills No. 130 of 1963 of taxpayers who engage in profitable business activities across the capital Baghdad areas."
He added "The secretariat of Baghdad prepared electronically program for the collection includes a database of names and numbers of taxpayers and the nature of the business and its location and the amount to be paid to the Department of Municipal concerned under official receipts and special characters."
He said the campaign collection will be launched early next week and include the first phase of the locality of 101 in the municipality of Rusafa center and locality 714 in Bourne and the locality of 564 in the second chest municipality and the locality of 701 in Baghdad and the new locality of 324 in Adhamiya and the locality of 321 in the people and the locality of 521 within the chest municipality first and the locality of 925 in the Karrada next Rusafa.
"" The shops Other include 421 in Kadhimiya and the locality of 222 in Karkh Center The locality of 842 in the session and the locality of 821 in the rational and the locality of 432 in the torch and the locality of 665 in the Mansour.
"She pointed out that" the secretariat of Baghdad began adopting a number of measures to increase financial revenue in line with the economic reality and the low oil prices through activation of the collection of the profession and advertising fees and benefit from these funds in increase the momentum of the services provided to citizens and to begin the implementation of a new and important projects ".anthy
Parliamentary Finance reveal closely monitoring the formation of the Federal Revenue Authority
01/09/2016 BAGHDAD / JD / .. the parliamentary finance committee, announced its intention to discuss a number of important laws, notably the formation of the Federal Revenue Authority control law for submission to the presidency of the parliament for approval.The decision of the Committee MP Ahmad Haji Rashid told / JD /: The committee will discuss the package of laws pertaining to the financial and economic policy in the country including the law on 22 the salaries of state employees in the public sector and the law of financial management and public debt and reconsider it.He said as well as the project of monetary policy of the Federal Government and the law of the formation of monitoring fiscal revenue of the Federal Commission Law, according to came in the Article 106 of the Iraqi Constitution, pointing out that these laws yet to be completed within the Finance Committee will be submitted to the Presidency of Parliament to read them and vote on them in the coming sessions. / ended / 8 /http://translate.google.com/translate?hl=&sl=ar&tl=en&u=http%3A%2F%2Fwww.dananernews.com%2F&sandbox=1 |
Border crossing points linking electronically
Border crossing points linking electronically1/11/2016 0:00Baghdad Isra al-Samarrai Najaf - Hussein Kaabi,in order to increase the financial resources of the state and facilitating the entry of travelers and exit of goods after the simplification of procedures, embarked on the Ministry of Communications to link border crossings electronically.According to the director of telecommunications and postal company ministry Saleh Hassan Ali in a statement »Sabah», the company embarked on a project styled devices Instant photosynthesis to provide telecommunications and informatics movement between the contacts Shatt al-Arab complex and port Shalamcheh border in the province of Basra in order to provide telecommunications services, as carried out by the technical and engineering staff in contacts Basra Directorate.He emphasized the seven beams of light within several tracks reform, namely: ( Andalus Hamdan Qurna, Zubair Shatt al-Arab Nasserite Shalamjah), as it has been linked units Instant kind of (E1) for the project with the draft international access gates. On the other hand, director of the company that said the Directorate has set up and operation of the two units flashlight batteries the E1 within the course of contacts Andalus Abe Fertile complex in favor of a unified national card, especially after the opening of the single card project in hand Siba in Basra.He added that the company has coordinated with contacts and a Wasit circle to implement a project to extend optical cable with a capacity of 24 Rite of light in the district of Badra border to extend allocated by passing cable pipes Aldeorlaan the private transfer of telecommunications and information services and high capacity for Internet service insurance and communication between Wasit and other provinces province.In Najaf, discussed the environmental impact of communications and microwave towers Directorate Electromagnetic in humans and the environment during a scientific symposium in which present Bassem al-Mayahi, a professor of the Faculty of Science at the University of Kufa.He Mayahi during his lecture: «hardly empty house of these waves the existence of radio, television, computer and mobile phone devices».He said these waves move in a vacuum and the movement of energy from the source to the future, which vary depending on the frequency and energy to ray ionizing and non-ionizing.He Mayahi that ionizing radiation dangerous because their frequencies are high, including the x-ray and gamma, either non-ionizing radiation which is used in devices that we use such as radio and mobile phones and wireless are non-hazardous, But her damaged if misused.refers Mayahi that the studies concluded that high exposure to electromagnetic radiation doses cumulative levels may cause brain disease and cancer, so the international standards for the use of devices that rely on these radiation to reduce the harm caused mode.He pointed out that he did not proven scientifically cancer incidence brain because of exposure to electromagnetic waves, but these standards developed to steer clear of injuries because of it.He revealed the existence of studies also link between electromagnetic waves, heart disease and blood vessels, diseases of children, but there are those who reduce the risk of these injuries to not provable scientifically and because the human body is able to cope with different temperatures up to three degrees.For his part, the teaching disclosed in the Faculty of Engineering, University of Kufa Ammar virgins for statistics in Germany indicate that seven thousand people develop cancer each year because of communications towers.He said Iraq in in 2013 it had 12 000 communication tower, a proposal that is reducing the number of towers through the development of common Towers for more than a communication company and be out of the cities and residential areas to reduce the harm caused, in addition to the awareness of citizens and educate the roads safer for the use of mobile phones, as it is possible to export companies mobile phone bulletin Guidelines for the use of mobile phone safe manner and distributes this newsletter with lines they sell.As virgins called for better national operator to reduce the use of mobile phones and exposure to electromagnetic waves.http://www.alsabaah.iq/ArticleShow.aspx?ID=108026 |
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