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10/06/2013 12:00 AM
BAGHDAD - شكران Fatlawi
Iraq is seeking to emerge from Chapter VII imposed on it since the nineties of the last century, where pay under the sanctions imposed on it 5 percent of the total oil revenues to Kuwait as compensation established by the United Nations under this chapter as Iraq has met its obligations to pay 41 billion dollars to Kuwait compensation for war Iraqi-Kuwaiti, which paid for the Iraqi people as a result of the policy of the former regime reckless where is this amount significant than the impact on the size of fiscal revenue that comes to Iraq annually.
said a member of the Finance Committee MP Haitham al-Jubouri "morning" that the last remaining of indebtedness of Kuwait will end in 2014 / 2015 noting that the money deducted from the investment budget and operational should take advantage of them in the areas of serving the country's economy a proposal to establish a fund called Fund "Development of generations," which is a box placed by the amounts that were deducted for indebtedness Kuwait amounting to 5 percent of the total oil revenue after repayment plus additional amounts Other turning to the fund intended to benefit future generations in the future.
noted Jubouri the importance of protecting future generations from expectations depletion of oil in the long term, noting that this fund will enable them to meet the challenges of the future while not be their imports or stocks can be used and said that these amounts For Atbaky مدخرة but Ststthmrtan supervision of the Commission, Ministry of Finance and Planning and the Ministry of Labour and Social Affairs in order to develop and expand., and said that this proposal will be concluded to turn it into law and it is in its first steps to enter into force reasoned that the money that was deducted as compensation under Chapter VII will go for this Fund instead of changing the investment budget and exposure to waste or corruption. explained Jubouri that negotiations are continuing between the two sides and will give a positive and tangible results in terms of the agreement to repay the debt and the demarcation of the border in accordance with the regulations and international legislation and thus will lead to removing Iraq permanently from Chapter VII will have a free hand to dispose of his money and build its economy.
, halt Jubouri the need to build the Iraqi economy by building productive sectors useful that these sectors are ineffective in the components of GDP and this Miakd unilateral Iraqi economy, stressing the need to be contributing effectively.
pointed Jubouri experiences the world in this area, although it does not have what Iraq has the material and human resources and archaeological sites and tourist competencies in various fields, but you find has achieved great diversity in its economic resources so it should be given to these activities, more attention, he said. called to the need for there to be harmony between the legislative and executive branches in order to reach building strategy successful with an economic dimension, pointing out that the Ministry of Finance is required to be a contributing factor in the development of the strategy required to balance and this requires a specialized real in the preparation and take the points raised, which was attended by the World Bank seriously.
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BAGHDAD - شكران Fatlawi
Iraq is seeking to emerge from Chapter VII imposed on it since the nineties of the last century, where pay under the sanctions imposed on it 5 percent of the total oil revenues to Kuwait as compensation established by the United Nations under this chapter as Iraq has met its obligations to pay 41 billion dollars to Kuwait compensation for war Iraqi-Kuwaiti, which paid for the Iraqi people as a result of the policy of the former regime reckless where is this amount significant than the impact on the size of fiscal revenue that comes to Iraq annually.
said a member of the Finance Committee MP Haitham al-Jubouri "morning" that the last remaining of indebtedness of Kuwait will end in 2014 / 2015 noting that the money deducted from the investment budget and operational should take advantage of them in the areas of serving the country's economy a proposal to establish a fund called Fund "Development of generations," which is a box placed by the amounts that were deducted for indebtedness Kuwait amounting to 5 percent of the total oil revenue after repayment plus additional amounts Other turning to the fund intended to benefit future generations in the future.
noted Jubouri the importance of protecting future generations from expectations depletion of oil in the long term, noting that this fund will enable them to meet the challenges of the future while not be their imports or stocks can be used and said that these amounts For Atbaky مدخرة but Ststthmrtan supervision of the Commission, Ministry of Finance and Planning and the Ministry of Labour and Social Affairs in order to develop and expand., and said that this proposal will be concluded to turn it into law and it is in its first steps to enter into force reasoned that the money that was deducted as compensation under Chapter VII will go for this Fund instead of changing the investment budget and exposure to waste or corruption. explained Jubouri that negotiations are continuing between the two sides and will give a positive and tangible results in terms of the agreement to repay the debt and the demarcation of the border in accordance with the regulations and international legislation and thus will lead to removing Iraq permanently from Chapter VII will have a free hand to dispose of his money and build its economy.
, halt Jubouri the need to build the Iraqi economy by building productive sectors useful that these sectors are ineffective in the components of GDP and this Miakd unilateral Iraqi economy, stressing the need to be contributing effectively.
pointed Jubouri experiences the world in this area, although it does not have what Iraq has the material and human resources and archaeological sites and tourist competencies in various fields, but you find has achieved great diversity in its economic resources so it should be given to these activities, more attention, he said. called to the need for there to be harmony between the legislative and executive branches in order to reach building strategy successful with an economic dimension, pointing out that the Ministry of Finance is required to be a contributing factor in the development of the strategy required to balance and this requires a specialized real in the preparation and take the points raised, which was attended by the World Bank seriously.
[You must be registered and logged in to see this link.]
