News & Comments
Iraqi company wins international award for providing a secure way to pay financial dues
02/01/2016 11:30 | Direction Press / Baghdad
Ki-Card smart card company in Iraq has won the award Sasemez world, held annually in Paris and dedicated to honoring the best innovations in the world of secure payment technology.
“The project won international attention because it is the fruit of a successful cooperation between the public and private sectors to find a solution to the problem is not limited to Iraq, but also provide a safe way to distribute financial aid to displaced people and refugees to help them provide the basics to live.”
The statement continued that “For the first time in Iraq’s history to win an Iraqi company operating inside the country’s international award has been shared in this achievement a number of banks, including Rafidain and Rasheed banks the biggest government in Iraq.” http://aletejahtv.org/index.php/permalink/93322.html
[tlm724] its success in innovation to address the humanitarian crisis solutions by providing cards to Card to facilitate the distribution of aid to the displaced, displaced persons and groups other inside Iraq operations.
[tlm724] The project won international attention
[tlm724] “For the first time in Iraq’s history to win an Iraqi company operating inside the country’s international award has been shared in this achievement a number of banks, including Rafidain and Rasheed banks the biggest government in Iraq.”
[tlm724] going electronic Wink in conjunction with the state banks
[tlm724] so we have Zain, Asiacell and this project all great things !
Ebadi, an adviser to describe the budget in 2016 as the “stimulus austerity” and an expert on the success of government bonds pledged international support
Author: MJ Editor: BK, HH 2016/01/02 11:40 Long-Presse / Baghdad
Republic Street in central Baghdad, which up old business district (Shorja) the rest of the areas of the capital Imaging (Mahmoud Raouf)
and with the exception of an economist that the budget “poor” for they are free of appointments and the drop in world oil prices, and lack of support from government and the private sector, he pointed out that the success of the government bond market, which intends issued depends on the support of the International Monetary Fund have.
Saleh: 2016 austerity budget but motivational
He said the appearance of Mohammed Saleh, an economic advisor to the prime minister Haider al-Abadi said in an interview to the (long-Presse), “The talk of a recession Oaguetsada in Iraq is a foregone conclusion,” attributing it to “financial crisis plaguing the country.”
He predicted economic adviser, that “the growth of GDP between one range to one and a half percent,” returned as “better than in the past in 2014, although it is less than the population growth of 2.8 percent rate, as this difference is not conducive to the economic sector and the widening growth his movement. ”
Saleh stressed, “The government went to sell the bonds two billion dollars, came within the project’s budget next year to meet the 2016 deficit,” returned to “plug in the budget does not reflect the ways they austerity, it is still great.”
He guessed adviser Abadi, that “those bonds are very popular,” pointing out that it was caused by “being the sovereign as well as high interest rates and the possibility of a mortgage and take advantage of it in debt to fill.”
Saleh continued, that “the budget for Iraq in the next 2016 involving deficits and austerity, but motivational,” stressing that “the stimulus in the largest proportion of the budget deficit.”
Expert: the success of the bond depends on the support of the International Monetary Fund
For his part, predicted economic expert on behalf of Jamil Anton, in an interview to the (long-Presse), said that “Iraq is witnessing an economic recession during the next 2016,” attributing it to “Adults balanced and free of appointments poverty, low world oil prices, the loss of hope for a rise soon, as well as a lack of support from government and the private sector. ”
He revealed Antoine, about “the existence of a proposal to reduce the days of staff time, and the reduction of their salaries, what will the dish, to reduce their purchasing power, and people keep money in anticipation of the future of the unknown,” pointing out that “the government went to sell the bonds two billion dollars came in the draft budget for 2016 to meet its deficit The welcome and find if supported by the International Monetary Fund. ”
Ouhz economic expert, of “the consequences of lack of support from the International Monetary Fund for Iraq”, he returned that “it is difficult from the sale of those bonds externally.”
[tlm724] he pointed out that the success of the government bond market, which intends issued depends on the support of the International Monetary Fund
[tlm724] Saleh added that “the manifestations of the economic recession in Iraq is clear, from the high unemployment rate that reached 28 percent,” denying “the existence of inflation in Iraq
[tlm724] although as the rate amounting to two percent
[tlm724] someone is fudging those inflation numbers
[tlm724] Saleh continued, that “the budget for Iraq in the next 2016 involving deficits and austerity, but motivational,” stressing that “the stimulus in the largest proportion of the budget deficit.
[tlm724] stressing that” the government strives for the success of the financial plan in the next 2016 budget.
[tlm724] bring on the financial plan baby !!
[tlm724] per Anton “Iraq is witnessing an economic recession during the next 2016,” attributing it to “Adults balanced and free of appointments poverty, low world oil prices, the loss of hope for a rise soon, as well as a lack of support from government and the private sector.
[tlm724] the loss of hope for a rise soon
[tlm724] that is referring to the oil prices, don’t believe anyone that tells you different
[tlm724] “the existence of a proposal to reduce the days of staff time, and the reduction of their salaries, what will the dish, to reduce their purchasing power, and people keep money in anticipation of the future of the unknown,
[tlm724] so by the GOI proposing to cut the employee’s hours that reducing the amount of spending money they make thus reducing their purchasing power
[tlm724] people will keep what money they have UNTIL Iraq gets a bit more economically balanced
[tlm724] “the government went to sell the bonds two billion dollars came in the draft budget for 2016 to meet its deficit The welcome and find if supported by the International Monetary Fund.
Parliamentary Economy: Government has not neglected the private sector to promote investment law
Economy and Tenders
Since 01.02.2016 at 12:37 (GMT Baghdad) Special – scales News
A commission of economy and investment representative, on Saturday, for the negligence of the government to support public and private sector and the national production, confirming that it was not promoted to the investment law, which helps in the promotion of economic reality in Iraq.
He Mamouri, “During our meeting with embassies we wondered about the reasons for the establishment of investment projects in Iraq, and the answers that the investment in the country risk and there are no international courts and security protections for companies investing,
knowing that all these things we set within the investment law, but there is no actual application to him, “adding, that” corruption is the main reason for non-application of these laws, because that sign contracts outside the country include trade-offs and an increase in prices and costs speculative “.
He said Mamouri, said, “Our position is clear through laws that impose on the border and tariff and customs, as these laws supporting public and private sector, but the government should make all efforts to revive the economy and get rid of the one TTM oil of and reliance on agricultural and industrial resources and even tourism.”
It is said that the Council of Representatives voted earlier in the investment law, which grants a lot of facilities to set up projects Alastosmarah.anthy 29/38 LINK
[tlm724] the negligence of the government to support public and private sector and the national production, confirming that it was not promoted to the investment law, which helps in the promotion of economic reality in Iraq.
[tlm724] that “there are shortening clear by the government to promote investment law, which we put forward in several previous conferences, which was disabled because of political differences
[tlm724] *slap* surely they know how important this law is !
[tlm724] there are no international courts and security protections for companies investing,
[tlm724] that” corruption is the main reason for non-application of these laws
[tlm724] “Our position is clear through laws that impose on the border and tariff and customs, as these laws supporting public and private sector
[cat] uh huh
[tlm724] but the government should make all efforts to revive the economy
Industry: we will adopt a real policy for the marketing of our products
Economy and Tenders
The Ministry of Industry and Minerals, Saturday, it has 31 affiliated public company, indicating that it will adopt the policy of fact for the marketing of the products of these companies in the near future.
He said the ministry spokesman, Abdul Wahid al-Shammari’s / scales News /, “The Council of Ministers’ decision to integrate the Ministry of Industry and Minerals was good and right decision came from the study of four-year”,
adding that “at the present time has become total and the Ministry of Industry companies 31 companies These companies specializing in all areas of food and rubber, automotive and technical industries, electronics, electrical, oil, leather and other “.
Shammari said, that “our companies has huge financial and human resources and equipment is very large,” pointing out that “the ministry will adopt in the near future on a political fact for the purpose of marketing the products of these companies.”
Shammari stressed that “the Ministry of Industry and Minerals require ministries contracted by that committees that want to contract with industry is to be specialized committees,” noting that “it would make the contract is going walking, easy and carries the product required technical specifications.”
The body member of the Presidency of the Council of Representatives Hamoudi said that the face of the secretariat of the Council to prevent the purchase of foreign products and supplies for which there is a peer of the Iraqi national products, as the first bold initiative to promote the national industry in the country. / Ended 29 n / 10 LINK
[tlm724] The Ministry of Industry and Minerals, Saturday, it has 31 affiliated public company, indicating that it will adopt the policy of fact for the marketing of the products of these companies in the near future
[tlm724] The body member of the Presidency of the Council of Representatives Hamoudi said that the face of the secretariat of the Council to prevent the purchase of foreign products and supplies for which there is a peer of the Iraqi national products, as the first bold initiative to promote the national industry in the country.
Author: Mohammed Abdul-Jabbar carp 01/02/2016 0:00 Mohammed Abdul-Jabbar carp was not easy for the 2015 Iraq and the Iraqis. The world has witnessed an expansion painful Aldaasha Wahhabi aggression on Iraq and increased depending on the number of displaced Iraqis to escape from the oppression of Daash and a rejection of the doctrine of hard-line backward.
But it is not too late from the sails of the Iraqis who have accepted the security and financial challenge and rolled up the arms of men to deal with the aggression and to tighten their belts in Anne together.
And the cities of Iraq has seen intense down to the citizens claimants and supporters of political and financial reform and support for the war effort. And unite Iraqis fighters in the army, the police and the popular crowd and the Peshmerga and the tribesmen were a result regain the initiative militarily and psychologically and in the media.
And it rolled packs and government reforms adopted fiscal austerity policy and directing resources toward the fateful battle with Daash requirements.
Once approached from 2015 until the end of Ramadi was returning to the embrace of the nation after months of Daash rape her. Before that it was tough fighters have liberated Salahuddin, Diyala and other areas for many has become even 2015 in achieving victories and reforms in spite of all the difficulties faced by the country.
Will be in 2016 in the final victories, God willing, if we take into consideration the graph of declines Daash and reverse control for more than 40 percent . God willing, will be directed by Daash from all Iraqi territory, as well as the Turkish troops and the restoration of full Iraqi sovereignty.
It is not expected to diffuse the oil price crisis, but we are going to proceed in the way of austerity and rationalization of expenditure and maximize resources and diversification if Iraq is to be free from the families of the oil resources, including the revitalization of agriculture and animal breeding and related industries.
The Government will continue to walk the political approach and the administrative and financial reform and the fight against corruption, God willing.
Economist: Replace the currency and the deletion of zeros is an important step for monetary reform
January 2, 2016 0:55
He said economic expert d. Abdul-Hussein Abdul Jalil Ghalibi according to »Sabah» that “ideas can be raised in this area, from the process of deleting the zeros and replace currency terms would be too costly to the Iraqi economy and society, from the cost lawsuits and compensation,
as well as support the economy commissioned during and after the process replacement.
Parliamentary committee reveal the reasons for slowing down the implementation of government reformsHe stressed that no one denies that the process of changing the dinar require the costs to complete, but the discussion of these costs come from several directions, the first being to maintain the dinar generates community ongoing costs in accounting and procedural fields of counting and sorting, storage and others.
He explained that “these costs could be saved when currency and reduced change to a less extent possible, the second direction that is secreted by the costs is the issue of paper currency printed and punching the coin, and here it can be said that the huge number currently in the Iraqi economy, which amounts to 4 billion paper needs to operations replace the damaged leaves and torn and consuming him.
He said therefore, these costs are originally unspent along with the replacement will reduce the number of banknotes issued to the gain of 70 percent from the previous issue, and therefore the costs also will be reduced by more than this percentage because the old Deliberative new paper will be longer than the previous two reasons. First, the coins will reduce the burden to use them, and that the banknotes Big speed will be used less.
Ghalibi He said that the second reason is that the quality of the paper better and more tolerant than the current paper, which was issued in 2003, the mission of the developments that have occurred in the field of printing money.
The reference to the cost of compensation and claims there is nothing to do with the process of replacement as well as support the economy cost also nothing to do with this, as the government support of economic activity is affected by the process of changing the currency because what determines the amount of support and direction is the government in the financial policies.
[tlm724] if they are publishing this article over and over again it means someone is pushing for it and working on it !!! lets go !!!
Special – scales News Revealed the Parliamentary Integrity Committee, it said on Saturday that the government will begin to work to achieve the reforms demanded by the citizens through the weekly demonstrations, and after the completion of some important files preoccupied by the government as processes of liberalization and others.
Said committee member Abdul Karim Alabtan L / scales News /, that “the main reason for the slowdown in the implementation of reforms is that preoccupied with the war against Daash economic crisis and political consensus government,”
stressing that “after the victories achieved by the Iraqi army forces stage, it will be the reforms of the first Whether the functions of government in the judicial career, agricultural or industrial field, etc., to the fact that parliament is the legitimate port to these demands and reforms nor for any silent or ignore procrastination by the ministries and departments concerned in the implementation. ”
He Alabtan, “The demonstration is a right guaranteed in the constitution and citizens’ demands legitimate to fight corruption and out of political sectarianism and improve other sectoral situation”, adding that “the prime minister Haider al
[tlm724] The streets of the Iraqi capital Baghdad and some provinces witnessing weekly demonstrations to protest against poor services and the deterioration of economic conditions and others, demanding the government to implement reforms that threaten them for months.
[tlm724] no pressure Iraq