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The new investment law granting privileges good for investors
Monday 10/19/2015 23:56
Baghdad news / Baghdad
revealed to the economic and investment commission in Parliament, that the new investment law
found in the House of Representatives would be granted good privileges to investors, expected approval in the coming weeks.
"Said committee member Nora Albjara for" tomorrow Bs "," The investment law is still in the House of Representatives in order to discuss and resolve some of the sticking points and all this in order to give legal form to the investor and investment in Iraq, and to make it equivalent to what is going through the country today from the economic and financial problems.
"She added that" Iraq today is in dire need of investment for the country's reconstruction and strengthening, so the law The new investment is the beginning of the stage is handled obstacles are many and Marqlat was facing investment in general and investor in particular.
"Albjara added that" the new law will add privileges to the investor grants loans received on the proportions of achievement in the project which means that the phases of the project will be accessible and parallel with the amount of the project, compared to So there will be a tightening of control and the need to bring capital to Iraq from abroad to balance and strengthen projects with no guarantees it. "
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