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Shaways chaired the ninth session of the Committee on Economic Affairs
Ali Salman - 06/13/2013 - 9:29 pm |Committee held its ninth economic affairs headed by Deputy Prime Minister Ruz Nuri Shaways and attended by ministers of finance, planning and oil, trade and industry, agriculture, and Chairman of the Board of Supreme Audit and the province of the Iraqi Central Bank and Chairman of the National Investment Commission.
A statement by the Office of the Deputy Prime Minister that "the Commission has taken a number of decisions that are in the interest of economic development and advancing economic progress forward, but Iman Committee the vital and important for the private sector in building the Iraqi economy, the approval of a number of orders of parts and increase costs overall projects in each of the provinces of Najaf, Karbala, Diwaniya, with a view to completing projects in a timely manner and fixed for the benefit of the people of those provinces of them. "
The Committee recommended that the Council of Ministers to raise the powers of heads of formations of the ministries to Takoelhm the authority to review and approval of contracts not exceeding / 20 / million so as to enable them to exercise economic activity and the implementation of a higher proportion of the general budget of the state and provide services to citizens by approving projects with character service and economic, with the recommendation systems development and cadres of the internal control systems in those formations to exercise supervisory work with full transparency in accordance with domestic and international standards. The statement continued: "In order to support and develop the private industrial sector, the Economic Commission decided to host the President and members of the Iraqi Federation of Industries to discuss the proposals submitted by the Union for the support and development of Iraqi industries and development that will ensure advancing economic progress."
The Committee also recommended that the Council of Ministers to approve the amendment to the public treasury share of corporate profits from 45% to 25% in order to support the development and advancement of the public companies in line with the financial situation of the economic level of the company. The statement said: "The decisions made at the meeting, to put an end to import laboratory productivity shoddy that have a payoff negative impact on the Iraqi economy because of poor production and its impact on the environment, and for the import factor productivity with high-tech help in supplying the Iraqi industry, decided to form a committee of Ministry of Commerce and the General Customs Authority and the General Authority for Investment to put controls and selectors to import laboratory productivity. "
The Committee decided and for the economic development of the insurance sector, both public and private sectors, should ensure the Ministry of Finance to study the reform of the insurance sector with the help of global systems on the subject and submit periodic reports to the Economic Committee in this regard. The statement noted that "the Committee decided to recommend to the Council of Ministers to amend Article / 15 / of the Companies Law No. / 22 / for the year 1997 to allow private sector participation Iraqi with the public sector in the implementation of business-related targets the company public within Iraq, in order to contribute the private sector in the construction and reconstruction of the country, reflecting the state went offline in order to promote the private sector
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Ali Salman - 06/13/2013 - 9:29 pm |Committee held its ninth economic affairs headed by Deputy Prime Minister Ruz Nuri Shaways and attended by ministers of finance, planning and oil, trade and industry, agriculture, and Chairman of the Board of Supreme Audit and the province of the Iraqi Central Bank and Chairman of the National Investment Commission.
A statement by the Office of the Deputy Prime Minister that "the Commission has taken a number of decisions that are in the interest of economic development and advancing economic progress forward, but Iman Committee the vital and important for the private sector in building the Iraqi economy, the approval of a number of orders of parts and increase costs overall projects in each of the provinces of Najaf, Karbala, Diwaniya, with a view to completing projects in a timely manner and fixed for the benefit of the people of those provinces of them. "
The Committee recommended that the Council of Ministers to raise the powers of heads of formations of the ministries to Takoelhm the authority to review and approval of contracts not exceeding / 20 / million so as to enable them to exercise economic activity and the implementation of a higher proportion of the general budget of the state and provide services to citizens by approving projects with character service and economic, with the recommendation systems development and cadres of the internal control systems in those formations to exercise supervisory work with full transparency in accordance with domestic and international standards. The statement continued: "In order to support and develop the private industrial sector, the Economic Commission decided to host the President and members of the Iraqi Federation of Industries to discuss the proposals submitted by the Union for the support and development of Iraqi industries and development that will ensure advancing economic progress."
The Committee also recommended that the Council of Ministers to approve the amendment to the public treasury share of corporate profits from 45% to 25% in order to support the development and advancement of the public companies in line with the financial situation of the economic level of the company. The statement said: "The decisions made at the meeting, to put an end to import laboratory productivity shoddy that have a payoff negative impact on the Iraqi economy because of poor production and its impact on the environment, and for the import factor productivity with high-tech help in supplying the Iraqi industry, decided to form a committee of Ministry of Commerce and the General Customs Authority and the General Authority for Investment to put controls and selectors to import laboratory productivity. "
The Committee decided and for the economic development of the insurance sector, both public and private sectors, should ensure the Ministry of Finance to study the reform of the insurance sector with the help of global systems on the subject and submit periodic reports to the Economic Committee in this regard. The statement noted that "the Committee decided to recommend to the Council of Ministers to amend Article / 15 / of the Companies Law No. / 22 / for the year 1997 to allow private sector participation Iraqi with the public sector in the implementation of business-related targets the company public within Iraq, in order to contribute the private sector in the construction and reconstruction of the country, reflecting the state went offline in order to promote the private sector
[You must be registered and logged in to see this link.]
