Last Updated: Sunday, April 07, 2013 05:00:00
Vietnam’s government will need to accelerate economic structural reforms to boost growth that was at a 13-year low last year, National Assembly Vice Chairwoman Nguyen Thi Kim Ngan said.
“The economy will continue to face difficulties this year” amid an international slowdown and domestic challenges, Ngan said yesterday at a conference held by the National Assembly’s economic committee in the southern city of Nha Trang.
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Ministry of Planning announced that the average annual per capita income in Iraq have arrived at about four thousand dollars.
The ministry spokesman Abdul Zahra al-Hindawi said that “this index rise on economic growth of the country and improve the status of the Iraqi citizen who was average annual income does not exceed four hundred dollars in 2004.”
Published on Saturday, March 23 / March 2013 11:37
The International Monetary Fund said on Saturday that Iraqi oil exports spurred economic growth, the Iraqi economic structure Mibaka Iraq in the circle of suspicion.
A statement by the International Monetary Fund got “obelisk”, a copy of which, following the conclusion of a comprehensive assessment of the Iraqi economy, “The structural economic Iraqi still suffer from weak seriously in the economic field and especially since the unemployment rate is high and the business climate bad as weaker non-oil sector.” (more…)
Saw a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi that political differences have prevented the advancement actually Alaguetsaa in Iraq, noting that the country what is missing today is political stability for the advancement of the economy.
Said Mayahi according to a statement received news agency public opinion (and babysit) a copy of today that “economic potential, experience and economic efficiencies available in Iraq largely for economic progress, but what is lacking in the country today is political stability, which in turn is reflected on the security reality which creates the proper environment to achieve economic advancement and a great pace, which will directly affect the raise the standard of living of citizens. ” (more…)
International Monetary Fund predicted to witness economic growth in Iraq during the current year 2013 increased by 9 percent due to the rapid growth of the definitive oil in the country, while calling the Iraqi government to focus private sectors other than oil to secure the balance of economic not be subject to oil production and fluctuations world prices.
The Fund in a report issued on Thursday following the end of consultations in Amman between a delegation of the Fund and the Iraqi delegation headed by VMware Planning Ali Shukri, and seen (long-Presse) it said that “is expected to grow the Iraqi economy rate of 9% through 2013, especially in light of the increase Rapid oil production significantly, “noting that” economic growth rate of 8% during the year 2012, reinforced by higher oil production. ” (more…)
HA NOI (VNS) — At least 90 per cent of local banks believe that inflation will stay in the single-digits this year, according to a survey conducted by the State Bank of Viet Nam (SBV).
Nearly 70 per cent of banks predicted that the mobilised and lending interest rates for the Vietnamese dong would go down by about 2 per cent, the SBV’s Monetary Statistics and Forecasting Department said. (more…)
(CNN) – commemorates the world in the twentieth of March / March, the ten-year anniversary of the start of the war on Iraq and the introduction of democracy and destroy dictatorships in this country, which sits on one of the largest oil reserves in the world .. But is the impact of this big change in the political structure of the state positively on the economy? (more…)
Last Updated: Wednesday, February 13, 2013 02:00:00
After consumer prices rose 1.25 percent last month, analysts warned that the government is unlikely to keep inflation at below 6 percent this year.
Voice of Vietnam radio quoted economists as saying that a double-digit rise in prices is possible this year, posing more challenges to the government’s attempts to stabilize the economy. (more…)
d. Accustomed Naji al-Hamdani
(2-2)
of the economic and social consequences of inflation, loss of confidence in the national currency. Sharp Valtsaad in prices weaken the purchasing power of the Iraqi dinar and investors and consumers heading toward security havens Instead, they resort to convert their savings into gold or National Real Estate or replaced in foreign currencies, leading to the emergence of the phenomenon of dollarization in the economy. (more…)
Ali Salman – 02/06/2013 – 5:36 pm
The representative of the International Monetary Fund in Iraq Yahia Khairi Said satisfaction rates of economic growth in Iraq, after a meeting with First Deputy Speaker of Parliament Qusay al-Suhail.
A statement issued by the Office of Suhail that the meeting discussed the Fund’s work in Iraq, and his technical assistance in the field of training of competent personnel. (more…)
13-01-2013 11:00 AM
Predicted Iraqi Central Bank Governor Abdul Basit Turki to achieve economic growth rates in the country within nine percent, coinciding with increased rates of oil production and exports, which rose late last year to around three million barrels per day, likely touching Iraq’s financial reserves of 110 billion dollars. (more…)
A report published by the British magazine The Economist concerned to inform policy and Iraq’s economy and business in the seventh sequence Arab world and second after Libya on the list of the fastest ten countries in the world for economic growth in 2013. (more…)
State Bank governor Nguyen Van Binh said the government and the entire financial and banking system have taken drastic measures to reduce bad debts while assisting businesses in overcoming difficulties.
Talking with the Vietnam News Agency on the sidelines of the government’s meeting on socio-economic tasks in 2013, the governor said the State Bank also applied its own measures to deal with bad debts. (more…)
Vietnam’s economic growth rate in 2012 is forecast at 5.2 percent. It is the second adjustment from the previous projections of 5.5 percent and 6.5 percent, and is due to a slowing down of the country’s economic performance in the first 10 months of 2012.
Nguyen Thi Tue Anh, head of the Competition Capacity and Business Environment Department of the Central Institute of Economy Management, made the judgment at a forum held in Hanoi last week. (more…)
Date: 11/02/2012 08:15:10 Friday
Baghdad (news) .. The Governor of Baghdad Salah Abdul Razzaq, that the country is witnessing an evolution of great economic terms of oil production and the stability of the dinar exchange rate against the dollar, which lasted for five years, indicating that the rate of economic growth of the country is increasing annually by (8%). (more…)
Date: 2012-09-26 14: 27: 43 Wednesday
Baghdad (newsletter) …The Department of State investment programmes of the Ministry of planning and development cooperation to conduct multiple tests to assess the expected economic growth rate achieved during the years of the national development plan (2013-2017).
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(VOV) – Prime Minister Nguyen Tan Dung has approved sending a Vietnamese delegation led by bank governor Nguyen Van Binh to the International Monetary Fund (IMF) and the World Bank (WB) Group annual meetings in Tokyo, Japan, from October 8-14. (more…)
(VOV) – The falling inflation index in the first half of this year is attributed to unanticipated factors and the lack of middle and long-term strategies for stable economic growth.
Deflation could be negative
The Head of the Pricing Department under the General Statistics Office (GSO), Nguyen Duc Thang, says that over the past six months, the low purchasing power and large inventories, coupled with adjusted petrol prices and pay rises have had little impact on the consumer price index (CPI). (more…)
Updated : 12:25 PM, 06/08/2012
(VOV) – Despite slightly slow growth in the past six months, the national economy has yet to slip into recession, according to Vu Duc Dam, Minister and Chairman of the Government Office.
An economy plunges into recession only when its growth is negative in two consecutive quarters, but that is not the case in Vietnam, Dam told the media in Hanoi on August 5. (more…)
Hanoi, Aug 1 (Prensa Latina) Although it is not growing at the rate desired, Vietnam’s economy is showing positive signs at the end of the first half of the year, according to Prime Minister (PM) Nguyen Tan Dung.
His assessment comes as a result of slowed inflation, maintained stability in the macro-economy and the promotion of production in agriculture and industry. (more…)
17-07-2012 10:57 AM
Are free – Reduction of the International Monetary Fund on Monday, July sixteen forecast growth rates on the global economy next year from 4.1% to 3.9% in light of the ongoing debt crisis in Europe that showed their negative impact on the growth of China and India. (more…)
09/06/2012 0:00
BAGHDAD (Reuters) -
United Nations revealed in a report released from the debt crisis of the euro area is the biggest threat to the global economy and aggravation could lead to the deterioration of global growth.
VietFinanceNews.com – Vietnam ’s economy is gradually entering a more stable macroeconomic environment after a prolonged period of heightened turbulence, said a World Bank report. (more…)
If you follow the news you know much is happening in Iraq. This time the headlines spare the paper from violence, bombs, and death but today its much more about fighting for democracy, economic growth, and international relations.
What a difference a day can make. (more…)
Baghdad, May 10 / May (Rn) – Iraq launched Thursday a draft development plan for the years 2013 to 2017 in a bid to boost the economic reality and reduce the poverty rate to 16 percent.
The new plan focuses on improving the gross domestic product, which has suffered years of neglect, international sanctions and violence. Iraq relies mainly on imports.
U.S. Undersecretary of the Ministry of Planning Mahdi Keywords during a conference in Baghdad that were reviewed previous plans to cope with the new changes in the country through economic growth. (more…)
VietFinanceNews.com – After sending a consultative task force to Vietnam in March, the International Monetary Fund (IMF) said the Vietnamese Government’s macro-economy stabilising policies have started to yield high effect, with quickly decreasing inflation, trade deficit and pressure on VND.
IMF welcomed the State Bank of Vietnam, the central bank, which has recently increased foreign reserves considerably. The fund also supported the central bank’s policy of limiting the VND devaluation at 2-3% till the year-end. (more…)
On: Friday 04/20/2012 22:59
The member of the Integrity Commission, Khalid al-Alwani, parliamentary government to develop quick solutions to reduce the phenomenon of unemployment among young people who graduated from the universities did not find work.
He said al-Alwani, according to the Agency (news): The successive governments after 2003, failed in the management of the economic file, noting that this failure came in varying degrees in the application of strategy and economic policies able to build an economy capable of ensuring sustained economic growth. (more…)
APRIL 15, 2012
VietFinanceNews.com – The country’s leading experts have voiced concern that Vietnam is entering into a fresh battle to stave off yet another economic downturn, citing the central bank’s latest ceiling deposit rate reduction.
Worse still, macro-economic indicators in the first quarter point to a high possibility that the economy is spiraling into stagnation. (more…)
