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Economic Forum morning .. Carnival to support and activate the private sector
1/25/2015 0:00
Participants stressed the importance of banks and investors to move the production wheel
Baghdad Haider virgins Isra Samurai
form Economic Forum morning, which was held yesterday, with wide participation, represented various economic sectors, public and private, a springboard towards the advancement of various productive non-oil sectors, especially investment banking, as well as confirmation of the participants on the importance of amending the legislation of some of the laws able to facilitate the work of the private sector.
accompanied invitations "advocated by the participants in the morning meeting place" in order to revive the production facilities in the country, other claims emphasized the activation of the local product protection law, and reduce imports in order to provide an opportunity to revive the national industry, thus enhancing the state's resources. And ensure the event, which saw the formal presence high-level, as well as the wide participation of the public and private sectors, to discuss three working papers, related to the first banking sector delivered bank manager industrial Kazem Mohammed fistula, while loaded second paper topics in privatization House of Representatives member, Dr. Mehdi al-Hafez title and the last card was the head of the Investment Commission of Baghdad, Shaker Zamili and carried the investment process address in Baghdad, achievements and challenges.
Treatment of lower oil prices,
adviser to Prime Minister, Walid al-Hilli, said during a speech at the forum, said that "Iraq Aausband financial crisis, but facing financial hardship, requiring economic reform, especially after the drop in oil prices, which impact directly in the case of security and economic stability in the countries in general the world, and Iraq in particular. He suggested ornaments, the need to support the economy to a free market, and the formation of a mixed economy, for the investment process support and revitalization, stressing the importance of the role of banks and support soft loans low interest rates and the exploitation of the frozen funds in banks in the revitalization of the market, through new projects or soft loans given to the beneficiaries of the benefits of medium. He pointed government adviser, the need to go to the development of the agricultural sector to ensure food security, and meet the needs of farmers, along with restructuring affiliated to the Ministry of Industry and Minerals companies, as well as the establishment of an oil and petrochemical plants to invest oil and gas wealth properly through the application of oil and gas law. He ornaments proposals certainly the importance of supporting the electricity sector, through the creation of dams to support energy and industrial cities for the advancement of the national production, in order to reduce the import process of goods from abroad and support the local product, stressing the importance of investment in the telecommunications sector through the frequency spectrum, in addition to the reduction of process currency smuggling. He urged ornaments, on taking into account the restructuring of the tax and fits in with the government trends, as well as address the unemployment crisis in the country and the development of supporting Iraq Stock Exchange and the abolition of unnecessary spending in some ministries, as well as the tourism sector support because it represents a great importance for the country.
Iraqi cooperation French
For his part, praised the President of the Economic Section of the French Embassy in Iraq, Philip Ghali, on the sidelines of the forum, the role of the media network and newspaper morning in support of the national economy, stressing that Iraq and France have roots in economic relations through projects carried out by the French side in some provinces of the country .
He noted that the Minister of Transport will visit France early next month, in order to hold meetings with officials there to negotiate on several projects in Iraq. He added that the French side is ready to receive the head of the Supreme National Commission for Investment in Iraq, Dr. Sami al-Araji, and a number of investors to negotiate the establishment of major investment projects in Iraq.
industrial development plans
, in turn, drew the Industrial Bank Director Kazem fistula, the need to participate in the establishment of industrial companies, especially after proving the technical and economic merits, stressing performing procedures IPO industrial companies and develop plans and methods of industrial development with the concerned institutions and to provide advice to the industrial sector in the field of competence.
transfer ownership of state-owned companies
focused paper, Dr. Mehdi al-Hafez, the importance of transfer ownership of state-owned companies to the public and workers, as well as its emphasis on long-term rental assets owned by the government according to the rules protect the public interest and the national economy, as well as assigning the private sector and government services by contract and the obligation to protect consumers and the principles of national development.
Challenges investment
and summarized sheet Prime Investment Authority, Baghdad Shaker Zamili, some of the challenges faced by Investment in Baghdad, which was considered a "no government departments commitment to making all items Investment Law in Baghdad" at the top of these challenges, as well as the lack of a banking system that supports investment projects and facilitate the movement of funds into and out of Iraq.
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1/25/2015 0:00
Participants stressed the importance of banks and investors to move the production wheel
Baghdad Haider virgins Isra Samurai
form Economic Forum morning, which was held yesterday, with wide participation, represented various economic sectors, public and private, a springboard towards the advancement of various productive non-oil sectors, especially investment banking, as well as confirmation of the participants on the importance of amending the legislation of some of the laws able to facilitate the work of the private sector.
accompanied invitations "advocated by the participants in the morning meeting place" in order to revive the production facilities in the country, other claims emphasized the activation of the local product protection law, and reduce imports in order to provide an opportunity to revive the national industry, thus enhancing the state's resources. And ensure the event, which saw the formal presence high-level, as well as the wide participation of the public and private sectors, to discuss three working papers, related to the first banking sector delivered bank manager industrial Kazem Mohammed fistula, while loaded second paper topics in privatization House of Representatives member, Dr. Mehdi al-Hafez title and the last card was the head of the Investment Commission of Baghdad, Shaker Zamili and carried the investment process address in Baghdad, achievements and challenges.
Treatment of lower oil prices,
adviser to Prime Minister, Walid al-Hilli, said during a speech at the forum, said that "Iraq Aausband financial crisis, but facing financial hardship, requiring economic reform, especially after the drop in oil prices, which impact directly in the case of security and economic stability in the countries in general the world, and Iraq in particular. He suggested ornaments, the need to support the economy to a free market, and the formation of a mixed economy, for the investment process support and revitalization, stressing the importance of the role of banks and support soft loans low interest rates and the exploitation of the frozen funds in banks in the revitalization of the market, through new projects or soft loans given to the beneficiaries of the benefits of medium. He pointed government adviser, the need to go to the development of the agricultural sector to ensure food security, and meet the needs of farmers, along with restructuring affiliated to the Ministry of Industry and Minerals companies, as well as the establishment of an oil and petrochemical plants to invest oil and gas wealth properly through the application of oil and gas law. He ornaments proposals certainly the importance of supporting the electricity sector, through the creation of dams to support energy and industrial cities for the advancement of the national production, in order to reduce the import process of goods from abroad and support the local product, stressing the importance of investment in the telecommunications sector through the frequency spectrum, in addition to the reduction of process currency smuggling. He urged ornaments, on taking into account the restructuring of the tax and fits in with the government trends, as well as address the unemployment crisis in the country and the development of supporting Iraq Stock Exchange and the abolition of unnecessary spending in some ministries, as well as the tourism sector support because it represents a great importance for the country.
Iraqi cooperation French
For his part, praised the President of the Economic Section of the French Embassy in Iraq, Philip Ghali, on the sidelines of the forum, the role of the media network and newspaper morning in support of the national economy, stressing that Iraq and France have roots in economic relations through projects carried out by the French side in some provinces of the country .
He noted that the Minister of Transport will visit France early next month, in order to hold meetings with officials there to negotiate on several projects in Iraq. He added that the French side is ready to receive the head of the Supreme National Commission for Investment in Iraq, Dr. Sami al-Araji, and a number of investors to negotiate the establishment of major investment projects in Iraq.
industrial development plans
, in turn, drew the Industrial Bank Director Kazem fistula, the need to participate in the establishment of industrial companies, especially after proving the technical and economic merits, stressing performing procedures IPO industrial companies and develop plans and methods of industrial development with the concerned institutions and to provide advice to the industrial sector in the field of competence.
transfer ownership of state-owned companies
focused paper, Dr. Mehdi al-Hafez, the importance of transfer ownership of state-owned companies to the public and workers, as well as its emphasis on long-term rental assets owned by the government according to the rules protect the public interest and the national economy, as well as assigning the private sector and government services by contract and the obligation to protect consumers and the principles of national development.
Challenges investment
and summarized sheet Prime Investment Authority, Baghdad Shaker Zamili, some of the challenges faced by Investment in Baghdad, which was considered a "no government departments commitment to making all items Investment Law in Baghdad" at the top of these challenges, as well as the lack of a banking system that supports investment projects and facilitate the movement of funds into and out of Iraq.
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