Home
Parliamentary Services emphasizes the importance of the investment side to deal with the economic deficit
Wednesday, February 4, 2015 09:50
[Baghdad - where]
He Services Committee member of the parliamentary Salem al-Saadi on the importance of the investment side to deal with the economic deficit suffered by the country in order to bridge the gap that may occur due to weak liquidity and scarcity.
He said al-Saadi told all of Iraq [where] that "the Parliamentary Services Committee called the Municipality of Baghdad to find jobs and land suitable for investment," noting that "the Committee called on the Ministry of Municipalities to circulate it to the provinces by finding suitable land for investment."
"The investment side is exposed to the pressure due to the old laws, as well as the lack of seriousness of the investment body work, and rampant bureaucratic phenomenon in various government departments."
He said al-Saadi said that "the Commission services coordinated with the economy and investment representative, was approaching the Council of Ministers to amend the Law No. 13 of private investment, in order to ease investor to invest in the country."
Iraq has suffered from a cash crisis, the House of Representatives has approved a budget for the current year, amounting to about 119 Trliuna dinars [$ 105 billion] and a deficit of 25 trillion dinars, Patty at a time when calls have escalated in order to diversify the sources of funding for the state treasury .anthy
[You must be registered and logged in to see this link.]
Wednesday, February 4, 2015 09:50
[Baghdad - where]
He Services Committee member of the parliamentary Salem al-Saadi on the importance of the investment side to deal with the economic deficit suffered by the country in order to bridge the gap that may occur due to weak liquidity and scarcity.
He said al-Saadi told all of Iraq [where] that "the Parliamentary Services Committee called the Municipality of Baghdad to find jobs and land suitable for investment," noting that "the Committee called on the Ministry of Municipalities to circulate it to the provinces by finding suitable land for investment."
"The investment side is exposed to the pressure due to the old laws, as well as the lack of seriousness of the investment body work, and rampant bureaucratic phenomenon in various government departments."
He said al-Saadi said that "the Commission services coordinated with the economy and investment representative, was approaching the Council of Ministers to amend the Law No. 13 of private investment, in order to ease investor to invest in the country."
Iraq has suffered from a cash crisis, the House of Representatives has approved a budget for the current year, amounting to about 119 Trliuna dinars [$ 105 billion] and a deficit of 25 trillion dinars, Patty at a time when calls have escalated in order to diversify the sources of funding for the state treasury .anthy
[You must be registered and logged in to see this link.]
