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The local currency to invest in global stock
3/8/2016 0:00 BAGHDAD – Hussein al – Tamimi Tgb continue specialists efforts in economic affairs in the search for exits reduce the impact of financial distress on Iraq, the adoption of mechanisms to elevate the Iraqi dinar cross – entered the global bourse.
Specialist on global stock Osama Mahmoud said that minimize the effects of the financial crisis on the economy Iraq requires action on the adoption of measures and new solutions can be adopted for the next stage.
multiple solutions and pointed out in an interview for »morning« that the most important solutions to the current crisis is to enter into the world of the stock market and two – way are the public sector and the private sector,
the government sector will find multiple solutions contribute to the alleviation of the crisis financial entry through the dinar traded, it can be to buy the local market requirements of global markets through it and thus encourage investment in Iraqi dinar and thus the amount of hard currency out into the world markets.
strengthening of the currency and said the entry of the Iraqi dinar in the stock market will reduce drafts and eliminates the black market and thus prevent fluctuation dinar exchange rate against the dollar, as well as he would give the strength and momentum of the Iraqi economy through the strengthening of the local currency in the global market,
adding that he Aaufer citizen support in food prices, where the purchase of food commodities product President and international prices without the presence of mediations increase the cost of Article food.
a second income either solutions to be provided by the stock market simple citizen is represented few savings simple citizen and could be a second source of income which can use these savings in the stock markets and thus achieve financial gains not too bad to be helped him in improving the personal financial situation,
as well as the availability of goods President that the citizen needs a president in his daily life at constant rates unchanged in value, and given the economic stability of the citizen away from the greed of traders who controls the destiny of the people by manipulating prices under the pretext of changing the Iraqi dinar exchange rate.
here it must be noted that the stock market is part of the many solutions on the Iraqi economic arena as well as the many solutions that will improve the economic situation of the country away from compromising the income of ordinary citizens. price changes and passes Iraq a severe financial crisis as a result of the country ‘s dependence on oil as the main source of funding
and thus put the country ‘s economy likely to fluctuate with changes in oil prices in global markets, and with lower prices to record highs , the oil market has not seen since the nineties of the last century, it has become a critical situation in the economy, with an estimated deficit in the Iraqi budget according to the latest official statements by about 34 billion Iraqi dinars.
http://www.alsabaah.iq/ArticleShow.aspx?ID=111978
tlm724: Iraq requires action on the adoption of measures and new solutions can be adopted for the next stage. multiple solutions and pointed out in an interview for »morning« that the most important solutions to the current crisis is to enter into the world of the stock market
RE: The start of the Iraqi Finance Forum in Beirut and assurances to support the country’s banking sector
He added, “The sessions dealt with the Iraqi Central Bank’s plans, strategies, financial reforms that government is trying to implement to attract investors, and the future of the State -owned banks, and the role of Islamic banks, and the role of the Iraqi financial markets to support the economy,
the current situation of the banking sector and the participation of foreign lending companies, the environment and technological pivotal role in driving innovation and risk mitigation, as well as sources of funding for large projects and infrastructure, and the development of Iraq Stock Exchange, funding opportunities, the Iraqi private sector. ”
And between, the “Governor of the Central Bank on the Keywords occur during his speech at the Forum on great opportunities to diversify the production base offered by the application of this approach,” pointing out that “commodity production contribution of the total output of only 16%,
which means that there is ample room for the growth of agriculture and industry , because in this context refers to the approaching Iraq to achieve self-sufficiency in wheat production, while imports millions of tons annually Keywords and said that the banking sector has an important role in supporting growth and reduce unemployment in Iraq, through various sectors finance and expand the purchasing power of citizens. ”
http://www.bondladyscorner.com/t164105-the-start-of-the-iraqi-finance-forum-in-beirut-and-assurances-to-support-the-country-s-banking-sector#209309
RE: Commercial Bank: the next phase will see the completion of projects at a cost of eight billion dollars
“the year 2016 is a pivotal moment for the efforts of Iraq’s strategy to maintain economic progress and development of new funding opportunities and the government seeks to gain access to structural and administrative reforms, the long-awaited, which when implemented will reveal investment potential enormous in the economy and is preparing for expansion,”
Dry and stressed that “Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services,”
It’s all coming together Wink
http://www.bondladyscorner.com/t164090-commercial-bank-the-next-phase-will-see-the-completion-of-projects-at-a-cost-of-eight-billion-dollars#209311
http://www.bondladyscorner.com/t164119-the-local-currency-to-invest-in-global-stock
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Commercial Bank: the next phase will see the completion of projects at a cost of eight billion dollars
The main road leading from the Allawi area to the intersection of the Baghdad International Fair, west of Baghdad, which passes close to the famous theme park in the capital Zora Imaging (Mahmoud Raouf)
Author: AR, HH Editor: AR, HH 08/03/2016 13:07 Long-Presse / Baghdad
Announced the Trade Bank of Iraq (TBI), said on Tuesday that the coming stage will witness the completion of projects in Iraq at a cost of eight billion dollars, and as he emphasized that including airports and infrastructure projects, called on Arab banks to finance projects as investment opportunities.
The Director General of the Trade Bank of Iraq (TBI) Hamdiya dry in an interview to the (long-Presse), “The bank is working on the completion of projects of more than eight billion dollars, including major projects such as the establishment airports and infrastructure projects,” indicating that “those projects that will help in supporting the country’s economy. ”
Dry Arab banks and money funds and called for “the financing of these projects as investment opportunities, according to the new law of the amended investment that addresses all the problems and gives opportunities accessible to investors now more than ever,”
asserting that “the Iraqi and Arab banks have a role in supporting the country’s economy and the rebuilding of Iraq. This what count during the next phase in which Iraq needs for their support more than ever.”
Dry and added that “the year 2016 is a pivotal moment for the efforts of Iraq’s strategy to maintain economic progress and development of new funding opportunities and the government seeks to gain access to structural and administrative reforms, the long-awaited,
which when implemented will reveal investment potential enormous in the economy and is preparing for expansion,” pointing out that “Iraq’s economy is proving to be resilient significantly and this is reflected in an increased focus on providing security and promoting transparency.”
Dry and stressed that “Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services,” adding that “the country has become less dependent on oil revenues,
Iraq seeks to establish new partnerships to deal with a number of financial and political issues urgent infrastructure projects and a fund to support oil and gas, electricity and transportation projects. ”
It is noteworthy that Iraq is experiencing a financial crisis due to falling oil prices and the war against al (Daash, affecting the budget of the country, and led to stop the majority of projects. LINK
Lightingcslt: pointing out that “Iraq’s economy is proving to be resilient significantly and this is reflected in an increased focus on providing security and promoting transparency.”
Dry and stressed that “Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services,” adding that “the country has become less dependent on oil revenues,
Iraq seeks to establish new partnerships to deal with a number of financial and political issues urgent infrastructure projects and a fund to support oil and gas, electricity and transportation projects.
see what’s happening behind all the news? iraq is awakening
tlm724: “the year 2016 is a pivotal moment for the efforts of Iraq’s strategy to maintain economic progress and development of new funding opportunities and the government seeks to gain access to structural and administrative reforms, the long-awaited, which when implemented will reveal investment potential enormous in the economy and is preparing for expansion,”
Dry and stressed that “Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services,”
http://www.bondladyscorner.com/t164090-commercial-bank-the-next-phase-will-see-the-completion-of-projects-at-a-cost-of-eight-billion-dollars
The start of the Iraqi Finance Forum in Beirut and assurances to support the country’s banking sector
Economy Since 03.08.2016 at 09:51 (Baghdad time)
BAGHDAD – balances News It was launched in the capital, Beirut, on Tuesday, the World Conference and Exhibition on third for the financial and banking services in Iraq (Iraq Finance 2016), under the slogan “Gateway Financial Inclusion and a pillar of sustainable development of the banking sector”, organized by the Iraqi company, “Szimksko”, sponsored by the Central Bank of Iraq In collaboration with the “Bank of Lebanon” (Central Bank of Lebanon), and the participation of ministries and banks, national investment Commission.
A statement from the central bank received / balances News / copy of it, that “the conference focused on the financial development of the banking and investment industry in Iraq,
and is limited to the purpose of organizing this conference to develop the infrastructure of the banks and financial institutions in Iraq through the activation of cooperation between the Iraqi and the central ministries, banks and enterprises Iraqi Finance concerned on the one hand, banks and international financial institutions and international investors on the other hand. ”
He added, “The sessions dealt with the Iraqi Central Bank’s plans, strategies, financial reforms that government is trying to implement to attract investors, and the future of the State -owned banks, and the role of Islamic banks, and the role of the Iraqi financial markets to support the economy,
the current situation of the banking sector and the participation of foreign lending companies, the environment and technological pivotal role in driving innovation and risk mitigation, as well as sources of funding for large projects and infrastructure, and the development of Iraq Stock Exchange, funding opportunities, the Iraqi private sector. ”
And between, the “Governor of the Central Bank on the Keywords occur during his speech at the Forum on great opportunities to diversify the production base offered by the application of this approach,” pointing out that “commodity production contribution of the total output of only 16%,
which means that there is ample room for the growth of agriculture and industry , because in this context refers to the approaching Iraq to achieve self-sufficiency in wheat production, while imports millions of tons annually Keywords and said that the banking sector has an important role in supporting growth and reduce unemployment in Iraq, through various sectors finance and expand the purchasing power of citizens. ”
He explained Keywords According to the statement, that “Iraq today is facing a financial and economic challenges, so he is looking for stability in the banking and financial sector and that these items are not only with the cooperation and support of everyone through communication and participation in the success.”
He noted “the importance of the banking sector to play important role in the face of the current financial crisis experienced by the reduction of unemployment and the expansion of the purchasing capacity and gross domestic product in general,”
pointing out that “the most important conditions for stability in the sector, bank and finance is to determine the structure of the economy and general trends to him, as well as activities economic.”
He pointed Keywords According to the statement, “the need to be heading the Iraqi economy for the time being to support the private sector by creating real competition and active participation in the framework of a free economy, whom he joined after Iraq was governed by a totalitarian economy.”
For his part, President of the Association of private banks and depositary Handal during the forum “The conference was held under the slogan” the banking sector gate of financial inclusion and a pillar of sustainable development, “noting that” the conference attracted many Arab economic and financial figures, pointing out that the banks can contribute to the treatment of problems such as unemployment and poverty by financing projects of all kinds and create job opportunities for young people. ”
He Handal, according to the statement “the importance of an economic informing on the degree of awareness of the challenges facing the Iraqi economy,” noting that “the distortion and lack of understanding affects the economic situation of Iraq.”
He said Handal said that “the conference called on the central bank and the competent authorities to apply financial inclusion, and the formation of a committee to develop the financial, monetary and banking system of the central bank and the Ministry of Finance and experts.”
Handal, according to the statement urged “the need to deploy financial and banking culture in the Arab world,” stressing “the importance of the media’s role in spreading this culture of financial inclusion, in addition to committing various stages of education material developed for banking and financial education into the curriculum.”
He noted “the need for the Arab League, through the leaders of the Arab countries to compel publication of financial inclusion explaining that Cyprus, which suffer from the financial crisis up financial inclusion rate to 60%, while the Arab countries does not exceed 8%, which requires the need to raise awareness in Arab countries”.
And that “the current situation in Iraq, we are used to, and confidence increases in Iraqi banks, pointing out that the CBI put steps that will strengthen Iraqi banks, it also put serious steps through the general assessment of the Iraqi banks in cooperation with Orncion company, leading to greater confidence global in Iraqi banks. ”
In a related context, said Iraqi Planning Minister Salman Jumaili the “five
He pointed Jumaili according to the statement that “the Iraqi Central Bank is working on the preparation of reports similar to those in which it operates by the World Bank, to facilitate the latter to monitor the work of the central bank.”
He explained that the head of the National Investment Commission, Sami al-Araji, that “the amendments made to the investment law in the interest of the investor, calling foreign and Arab companies to increase their investments in Iraq, it represents a significant weight in this area.”
Araji stressed “the need to turn to private banks, development banks instead to remain commercial.”
The head of the Bank of Credit Libanais, Joseph Tarabay, representatives of Lebanese banks, may occur at the opening of the conference on the prospects for the exchange of experiences between the Lebanese and Iraqi banks, as well as the possibility of the first contribution in the modernization of the banking system in Iraq, a special mention “militancy” in the application of legal compliance policy US of “anti
And it permeated the first session of the forum discussions as well as to publicly answer a few questions to representatives of the Iraqi and foreign private sector, Arab , and there will be offers banking research are debated by the Iraqi and Lebanese sides. Ended 29/4 e LINK
tlm724: He added, “The sessions dealt with the Iraqi Central Bank’s plans, strategies, financial reforms that government is trying to implement to attract investors, and the future of the State -owned banks, and the role of Islamic banks, and the role of the Iraqi financial markets to support the economy,
the current situation of the banking sector and the participation of foreign lending companies, the environment and technological pivotal role in driving innovation and risk mitigation, as well as sources of funding for large projects and infrastructure, and the development of Iraq Stock Exchange, funding opportunities, the Iraqi private sector. ”
And between, the “Governor of the Central Bank on the Keywords occur during his speech at the Forum on great opportunities to diversify the production base offered by the application of this approach,” pointing out that “commodity production contribution of the total output of only 16%, which means that there is ample room for the growth of agriculture and industry , because in this context refers to the approaching Iraq to achieve self-sufficiency in wheat production, while imports millions of tons annually Keywords and said that the banking sector has an important role in supporting growth and reduce unemployment in Iraq, through various sectors finance and expand the purchasing power of citizens. ”
tlm724: During his participation in the Iraqi Finance Forum in Beirut ..ozyr Planning: we strive towards transforming state-owned companies to successful projects
Websites 08 March, 2016
With the participation of the Minister of Planning, Dr. Salman al-Jumaili off the Lebanese capital Monday businessman Iraqi Finance Forum in the presence of a number of officials in the Iraqi government,
including Dr. Ali Keywords Governor of the Central Bank of Iraq and Dr. Sami al-Araji, head of the National Authority for Investment and Advisor to the Prime Minister for the Economy, Dr. appearance of Mohammed Saleh, head of the Association of Banks Iraqi Special Wadih Nuri al-Handal.
Mr. Minister of Planning and presentation visor Dr. Salman al – Jumaili said during the opening of the forum .. to the Iraqi government is seeking to promote economic growth in low financial resources of the country and through the invitation of the investment companies to enter the Iraqi market ,
noting that the ministry submitted a package of procedures to support the private sector and the elimination of unemployment and the provision of in front of the citizens jobs in a framework of transparency and the rule of law and financial disclosure and disclosure of new investment opportunities we can provide more new jobs for the unemployed
Jumaili and stressed the importance of rehabilitation of state-owned enterprises and turn them into successful projects ..mnoha the need to establish funds to finance industrial, agricultural and tranquility, tourism and restructuring of State-owned banks projects
For his part, addressed the Iraqi Central Bank Governor Dr. Ali Keywords importance of reaching opportunities to meet the challenges that Iraq is going through, as well as stability in the banking and financial conditions sector, stressing that it is linked to the structure of the economy and general trends have them identify economic activities ..
msheera to the importance of the banking sector to play from an important role in the current face of the financial crisis experienced by the country and the reduction of unemployment and the expansion of the purchasing capacity and gross domestic product in general ..
That for the head of the Investment Authority Sami al-Araji, said the amendments to the investment law in the interest of the investor, calling foreign and Arab companies to increase their investments in Iraq, it represents a significant weight in this area, stressing the need for the private banks turn to development banks instead to remain commercial
http://www.mop.gov.iq/mop/index.jsp?sid=3&nid=1882&y=2016&m=2&d=8
tlm724: diff source
The start of the Iraqi Finance Forum in Beirut and assurances to support the banking sector and the economy
03/08/2016 09:30 Was launched in the capital , Beirut , the conference third of the financial and banking services in Iraq World Expo (Iraq Finance 2016), under the slogan “Gateway Financial Inclusion and a pillar of sustainable development of the banking sector”,
organized by the Iraqi company , “Szimksko”, sponsored by the Central Bank of Iraq and cooperation with the “Bank Lebanon “(Central Bank of Lebanon), and the participation of ministries and banks , and the body of national investment
and focused the conference on the financial development of the banking and investment industry in Iraq, and is limited to the purpose of organizing this conference in the infrastructure of the banks and financial institutions in Iraq , the development of cross – activating cooperation between the Iraqi and the central ministries, banks and enterprises Iraqi Finance concerned on the one hand, banks and international financial institutions and international investors on the other.
addressed the plenary of the Iraqi Central Bank ‘s plans, strategies, financial reforms that the government is trying to implement to attract investors, and the future of the State – owned banks, and the role of Islamic banks, and the role of the Iraqi financial markets to support the economy,
and the current situation the banking sector and the participation of foreign lending companies, and technological environment and its central role in driving innovation and risk mitigation, as well as sources of funding for large projects and infrastructure, and the development of Iraq Stock Exchange, funding opportunities for the private sector of Iraq.
He spoke Governor of the Central Bank on the Keywords during his speech at the Forum for opportunities great for the diversification of the productive base offered by the application of this approach, pointing out that commodity production contribution of the total output of only 16%,
which means that there is ample room for the growth of agriculture and industry, in this context refers to the approaching Iraq to achieve self – sufficiency in the production of wheat,
while the millions of tons imported annually Keywords and said that the banking sector ‘s important role in the growth and reduce the unemployment rate in Iraq to support, through the various sectors of finance and expand the purchasing power of citizens.
he Keywords that Iraq today faces a financial and economic challenges , so he is looking for stability in the banking and financial sector , and this these items are not only with the cooperation and support of everyone through communication and participation in the success.
he noted the importance of the banking sector to play important role in the current face of the financial crisis experienced by the reduction of unemployment and the expansion of the purchasing capacity and gross domestic product in general, pointing out that the most important conditions for stability in the sector , bank and finance is determine the structure of the economy and general trends to him as well as economic activities.
he Keywords to the need that is heading the Iraqi economy for the time being to support the private sector by creating real competition and active participation in the framework of a free economy , whom he joined Iraq after he was convicted of economic totalitarianism.
For his part , between the president of Association of private banks and depositary Handal during the forum that the conference was held under the slogan ” the sector added Keywords that Iraq today faces a financial and economic challenges ,
so he is looking for stability in the banking and financial sector and that these items are not only with the cooperation and support of everyone through communication and participation in the success.
he noted Keywords to the importance of the banking sector to play important role in the current face of the financial crisis experienced by the reduction of unemployment and the expansion of the purchasing capacity and gross domestic product in general, pointing out that the most important conditions for stability in the sector , bank and finance is to determine the structure of the economy and general trends to him as well as economic activities.
he Keywords to the need that the Iraqi economy is heading at the moment to support the private sector by creating real competition and active participation in the framework of a free economy , whom he joined Iraq after he was convicted of economic totalitarianism.
to that Head of private banking Association meek Handal said during the forum that the conference was held under the slogan “gateway financial inclusion and a pillar of sustainable development of the banking sector , ”
noting that the conference attracted many Arab economic and financial figures, pointing out that the banks can contribute to the treatment of problems such as unemployment and poverty by financing projects of all kinds and create jobs for young people.
He pointed to the importance of having economic informing on the degree of awareness of the challenges facing the Iraqi economy, pointing out that the distortion and lack of understanding affects the economic situation of Iraq.
he said Handal the Conference Central Bank and the competent authorities called for the application of financial inclusion, and the formation of a committee to develop the financial, monetary and banking system of the Central Bank and Ministry of Finance and experts .
He urged Handal on the need for publication of financial and banking culture in the Arab world, stressing the importance of the media ‘s role in spreading this culture of financial inclusion, in addition to committing various stages of education develop material for banking and financial education into the curriculum.
He noted the need for the Arab League, through the leaders of the states Arab compel the publication of financial inclusion explaining that Cyprus , which suffer from the financial crisis up financial inclusion rate to 60%, while the Arab countries does not exceed 8%, which requires the need to raise awareness in the Arab countries.
among Handal the current situation in Iraq , we are used to, and confidence increase in Iraqi banks, pointing out that the CBI put steps that will strengthen Iraqi banks, it also put serious steps through the general assessment of the Iraqi banks in cooperation with Orncion company, leading to more global confidence in the Iraqi banks.
in this context, Iraqi planning Minister Salman Jumaili , spoke about the five – year plan for the years 2013 2017, which the government spent under $ 75 billion, or 20% of total investment, before re his ministry considered, because of the collapse in oil prices and because of the cost of fighting al Daash,
to deliberate on the government to reducing its investment spending, and the trend towards the private sector, for “not to rely on the public treasury,” this requires the creation of ” an attractive investment environment” for foreign capital,
and rehabilitation of state – owned companies, and converted to private companies profitable, and the adoption of the partnership (between the public and private sectors ) and their subdivisions, such as the projects of term funding, any funding deficit, and projects of the BOT, and programs to support small and medium enterprises.
He Jumaili that CBI works to prepare similar reports for those that work by the World Bank, to facilitate the latter to monitor the work of the central bank.
Meanwhile , a head of the national investment Commission , Sami al – Araji , said the amendments made to the investment law in the interest of the investor , calling foreign and Arab companies to increase their investments in Iraq , it represents a significant weight in this area.
he stressed the need for the private banks turn to development banks rather that the remaining commercial use .
foreign and rehabilitation of state – owned companies, and converted to private companies profitable, and the adoption of the partnership (between the public and private sectors) and their subdivisions, such as the projects of term funding, any funding deficit, and projects of the BOT, and programs to support small and medium enterprises.
He Jumaili the Central Bank of Iraq is working to prepare similar reports for those that work by the World Bank, to facilitate the latter to monitor the work of the central bank.
so the head of the national investment Commission , Sami al – Araji , said the amendments made to the investment law in the interest of the investor , calling foreign and Arab companies to increase their investments in Iraq , it represents a significant weight in this area.
he said al – Araji , the need for private banks to turn to the development banks instead to remain a trademark.
the head of the Lebanese Credit Bank, Joseph Tarabay, representatives of Lebanese banks, may occur at the opening of the conference the prospects for the exchange of experiences between the Lebanese and Iraqi banks,
as well as the possibility of the first contribution in the modernization of the banking system in Iraq, a special mention “militancy” in the application comply with US laws relating to ” the fight against money laundering and terrorist financing” policy, and expressed the hope that the banks play a key role in re Emaar.
permeated the first session of the forum discussions as well as to publicly answer a few questions to representatives of the Iraqi and foreign private sector, Arab , and there will be offers banking research are debated by the Iraqi and Lebanese sides.
http://www.iraqidev.org/news/index.php/aktsadea/69779.html
http://www.bondladyscorner.com/t164105-the-start-of-the-iraqi-finance-forum-in-beirut-and-assurances-to-support-the-country-s-banking-sector
