2013 Investment Climate Statement
BUREAU OF ECONOMIC AND BUSINESS AFFAIRS
February 2013
Openness to Foreign Investment
Archive for March 1, 2013
US. State Department: 2013 Investment Climate Statement – Iraq
Posted: March 1, 2013 in Iraqi Dinar/PoliticsTags: Business, Economy of Iraq, Government, International Trade Centre, Iraq, iraqi, Iraqi Kurdistan, World Trade Organization
Mixed opinions: What will happen if they delete the three zeros of the Iraqi currency?
Posted: March 1, 2013 in Iraqi Dinar/PoliticsTags: Central bank, Currency, Economy of Iraq, Government, Iraq, iraqi, Iraqi dinar, Monetary policy
3 – 1 – 2013
Politicians and economists stressed the Iraqis that if delete three zeros from the current currency of Iraq explain many risks because of poor conditions in the country, instability, insecurity and corruption, noting that this process is not possible at present because it will lead to a major crisis in the Iraqi economy.
Iraq is seeking to reform the currency management system and to facilitate their use and to reduce the number of banknotes from four billion to one billion and 800 million, by deleting three zeros and a coin. (more…)
Economist: the stability of the value of the Iraqi dinar will attract foreign investment to the country
Posted: March 1, 2013 in Iraqi Dinar/PoliticsDate: 2013/03/01 09: 47: 49 Friday
Baghdad (newsletter). The Economist called Majid moot, the need to maintain Iraqi dinar exchange rate for international currency to attract foreign investment to the country.
Mock said (News Agency): that investors are looking for the appropriate climate for investment and the environment of political stability and economic security, economic stability meant maintaining the value of the national currency. (more…)
Iraqi Finance Minister Issawi anounces resignation; Maliki refuses, says investigation needed
Posted: March 1, 2013 in Iraqi Dinar/PoliticsTags: Friday, Iraq, Maliki, Ministry of Finance (Iraq), Nouri al-Maliki, Nuri al-Maliki, Prime Minister Nuri al-Maliki, Ramadi
Finance Minister announces his resignation before demonstrators
Friday, 01 March 2013 13:44 | | |
Anbar (AIN) –The leader within the Iraqiya Slate and Minister of Finance, Sabir al-Esawi, announced submitting his resignation from his post before the demonstrators.
The reporter of AIN in Anbar assured “Esawi announced his resignation from his post as the Finance Minister before the demonstrators in Anbar on Friday.” (more…)
Kobler welcomes resuming Iraqi Airways resumes flights from Baghdad to Kuwait
Posted: March 1, 2013 in Iraqi Dinar/PoliticsTags: Baghdad, Iraq, Iraqi Airways, Kobler, kuwait, National Iraqi News Agency, Secretary-General of the United Nations, United Nation
28/02/2013 21:01:00
Baghdad (NINA) – The Special Representative of the United Nations Secretary-General for Iraq, Martin Kobler, welcomed resuming Iraqi Airways on Wednesday, Feb. 27, its flights from Baghdad to Kuwait after stoppage of more than 22 years.
In a statement on Thursday, Feb. 28, Kobler considered the move as a big achievement for Iraq and Kuwait that opens a new page in their bilateral relations. (more…)
Ahmed Faizullah: the need to draw on the expertise of international banks to support the banking sector
Posted: March 1, 2013 in Iraqi Dinar/PoliticsTags: bank, Central bank, Central Bank Iraq, Chairman, Currency, Iraq, United States Senate Committee on Finance, World Bank
28-02-2013
Deputy Chairman of the Finance Committee of the Kurdistan blocs Coalition MP Ahmad Faizullah, the Central Bank talks with international banks to operate in Iraq as it would facilitate the process of foreign currency transfers and develop the banking sector.
He said Faizullah (News Agency): global banks have sophisticated banking experience upon entering the Iraqi banking sector will support the environment through the use of technological expertise, in addition to those banks also benefit from Iraq which have mutual interests. (more…)
