Archive for December 17, 2013

Economy

(Legal) Convertibility of the dollar to the outside will not affect the currency

16/12/2013 05:23 PM

Ruled out a member of the Economic Commission Attorney Nora Albjara, the effect of converting large amounts of dollar to the outside through the central bank auction on what exists of it in Iraq. (more…)

Attract investments and foreign banks for the country
12/17/2013

Iraqi Central Bank announced on Tuesday, for the organization (the Second Annual Conference of the financial sector in Iraq), the end of January 2014 the next in the Emirate of Dubai, in line with the growing strength of the growth of economic development in the country, noting that the conference aims to display his strategy for financial and economic development, and attracting investments and foreign banks for the country, while a bank official confirmed the British, on the importance of the creation of “comprehensive development” of infrastructure finance and banking to prop up the Iraqi economy, “a large and ambitious development process.” (more…)

Seeks two neighboring countries, Iraq and Kuwait to overcome the effects of past painful, and highlights them, the Iraqi invasion of Kuwait in the era of the former regime Aallgay 1991.

In a sign of the relations between the two countries to their overriding a lot of differences, particularly the border, and reparations to Kuwait in the last period. (more…)

12/17/2013 0:00

adviser said the Iraqi Institute for Economic Reform, Dr. Ahmed al-Husseini: The Iraq today suffers from challenges burdened economy, the problems of countless proposed a number of solutions reformist to contend with.

said in a statement to the (morning) that failure to meet these challenges – according to a recent study prepared by the World Bank recently – has led to the deterioration and failure of the reality of the investment climate in Iraq, said that the study I mentioned the most important obstacles in front of increasing the productivity of companies operating in various economic sectors, was the lack of electricity supply, and instability, as well as financial and administrative corruption, as well as the problems of access to land, tax administration , inadequate educated workforce, the laws regulating the work of others. (more…)