A quarter of Iraqi below the poverty line….
A report published by the BBC and the presence of 23% of Iraqi today live below the poverty line, indicating that they are in dire need of government support. Said the BBC in the report: that Iraq spent about 5 billion annually on food distributed to the population, and that on the west bank of the Tigris River in northern Baghdad, standing silo, one of the remnants of rare British rule in Iraq, has built the Hermitage during World War II for the purpose of feeding the British soldiers, and on the right on its side stand the structure of the longest of which was built in 1962 by the Soviet Union, when the Iraq deal briefly with the communist countries’ .
There were several trucks loaded with sacks of rice and wheat moving to unload its cargo, and all around were Swarms of pigeons looking for grains falling. The report said that ‘the place owned by the grain in Chit’s state-owned, imported rice and wheat to be distributed to the population, and is stored about 12 thousand tons of wheat, which represents a small portion of what items imported Iraq every month, which amount to a quarter of a million tons, and the vast majority of Iraqis get their share of almost free. “For more than two decades, the Iraqi government took over the management of distribution system in a large-scale, as citizens to get through it very necessary items at nominal prices. Continue reading »
Member of the Legal Committee: the share (25%) of surplus oil revenues should be distributed to citizens without hesitation
Called a member of the Legal Committee MP Jinan Abdul-Jabbar Albraism, House of Representatives to approve the distribution (25%) of the surplus oil imports to the Iraqi people without hesitation.
said Albraism (of the Agency news) said on Monday: The paragraph distribution (25 %) from the surplus of oil imports to the Iraqi people should be distributed without hesitation, indicating that the paragraph and faced objections from some lawmakers in order to delete them from the lawof the supplementary budget. Continue reading »
Parliamentary Finance: supplementary budget does not provide for the distribution of surplus oil revenues to the people
Denied by the Finance Committee MP Najiba Najib, there is no clause in the law of the supplementary budget provides for the distribution (25%) of surplus oil revenues to the Iraqi people.
Najib said that the paragraph of the distribution (25%) of surplus oil revenues to the people did not fall within the supplementary budget law has not been voted on and will be criticized and challenged by most of the House of Representatives. Continue reading »
Financial measures to facilitate the achievements of citizens and the mechanisms to implement e-government
BAGHDAD searched the board of the Ministry of Finance in the mechanics of the application of e-government in the ministry.
A statement by the Information Office of the Ministry of transportation and received by the agency / Baghdadiya News / copy of it, Tuesday, that “the board of an opinion on the Ministry of Finance held a regular meeting chaired by Rafie al-Issawi and the presence of the general directors of the Ministry and Director of the Rafidain Bank Alckheon Zia.” Continue reading »
Economic growth and investment in Iraq is still limited
BAGHDAD / Baghdadiya News / .. Deputy Chairman of the Higher Education Commission whose staff that economic growth and investment in Iraq is still limited despite the richness of natural resources owned by the country.
A statement received by the agency / Baghdadiya News / Tuesday, said Ajili met with Dr. Herbert Davis, representative of the United States Agency for International Development – Development Project Finance to discuss the latest developments related to the quality of education in the faculties of Management and Economics at the University of Baghdad and Mustansiriya University and the University of Salahuddin was presented by Dr. Herbert analytical report of the reality of colleges and self-study provided by the faculty in those colleges. “ Continue reading »
Deputy: cooperation with China revive the national economy
BAGHDAD – Al Sabah said Member of the economy and investment deputy Aziz Mayahi, that the ratification of the joint cooperation between Iraq and China will strengthen bilateral relations between the two countries and will serve the national economy in terms of gaining experience and providing facilities.
said Mayahi: The Republic of China (PRC) is one of the developed countries in all fields economic, especially industrial must be strengthened mutual relations with them through the conclusion of agreements of economic cooperation between the two countries. Continue reading »
GOI has succeeded in controlling inflation and controlling government spending
Deputy Prime Minister Dr. Roژz Nouri said the Iraqi government has succeeded in developing a policy efficient to control inflation and controlling government spending and restructuring State-owned banks to keep pace with developments in banking business in the world , said a statement by the Prime Minister’s Office said Shaways made this in a speech he delivered at the Forum Krantz Montana which was held in Baku, capital of the Republic of Azerbaijan ,
adding Shaways to the success of the Government in cooperation with the international community to reduce the debt resulting from the Iraq during the past decades. said Shaways that gross domestic product in Iraq has doubled and doubled with per capita GDP, confirming the IMF forecast that the gross domestic product will reach the limits of (150) billion dollars in 2014. Continue reading »
U.S. Commerce seeks to bring private investors to Iraq
BAGHDAD Iraq .. confirmed U.S. Department of Commerce Government’s desire to bring in private investors of both countries to reach a positive outcome of the dialogue ..
The advisor to the U.S. Department of Commerce Chairman of the U.S. side at the conclusion of the Committee on Business Dialogue Iraqi American Cameron Kerry said in a statement received / JD / copy of it: “his government’s desire to start a new page of economic relations through increased trade to the level required and seek to attract investors to Iraq, the cooperation of the private sector for both the two countries to reach a positive outcome of the dialogue “.. Continue reading »
Lifting of restrictions on foreign investors will develop the national economy
Alsabaah praised the Finance Committee MP Abdel Hussein al-Yasiri, the decision of the State Department to lift the restrictions that were imposed by the Iraqi banks during the former regime to European investors because it will encourage the entry of European firms to invest in the Iraqi economy.
Yasiri said: The Iraqi foreign minister when he received some of the foreign ministers European countries promised to lift all restrictions that were imposed by the investment bank of Iraq The European European investors, will enhance the mutual cooperation between Iraq and European countries. Continue reading »
Iraqi efforts to join the World Trade Organization
Due to resume Iraqi government negotiations for accession to the World Trade Organization in the coming months, in order to move the wheel of the economy and support the private sector in the country. ,
says director of the World Trade Organization and the Iraqi Ministry of Trade Tharwat Akram “Radio Sawa” Iraq needs to approve the inter legislation New allow for the transition to a market economy to complete the files to join. and help international organizations led by the International Agency for the Development of the United States (Aliwas any IDC) Iraq to join the World Trade Organization. , Continue reading »