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Wednesday, July 11, 2018

Wed. PM KTFA News Articles 7-11-18


Samson » July 11th, 2018

Abadi heads to Brussels to attend international coalition meetings

4:31 - 11/07/2018

Prime Minister Haider al-Abadi on Wednesday flew to the Belgian capital Brussels to attend meetings of the International Alliance and NATO. "The latter went to the Belgian capital of Brussels to attend the meetings of the International Coalition Against Terrorist Gangs on July 12, 2018," according to a statement by the media office of Prime Minister Haider al-Abadi.

The statement added that "Abadi will meet on the sidelines of the conference with a number of officials in addition to NATO."

Abadi said yesterday that Iraq is the directors of the conference in the presence of 60 countries, to obtain more security and intelligence support and stability in Iraq, "noting that" the conference generates a favorable economic environment for investments and the development of economic relations between Iraq and the rest of the countries. LINK

Abadi and the Minister of Defense to Belgium to participate in the Brussels Conference 11th July, 2018

Defense Ministry announced on Wednesday that its minister Irfan Hayali went to Belgium to accompany the Prime Minister and Commander of the Armed Forces , Haider Abadi , at the Brussels Conference.

"Al-Hayali accompanied Abbadi to Belgium to attend the international conference on terrorism to be held in the capital Brussels on July 12," a ministry statement said.

"Abadi and Hayyali will meet on the sidelines of the conference with a number of officials in addition to NATO

The Brussels conference against terrorism is attended by important figures from different countries to discuss the security of the world and how to reduce terrorist cells. LINK

The Central Bank reveals Iraq's reserves of hard currency and gold

11th July, 2018

Iraq's foreign currency reserves of $ 55.7 billion are in eight countries, Iraq's central bank said on Wednesday, while Iraq's gold reserves stood at 89 tonnes

"Iraq's foreign currency reserves of $ 55.7 billion are stocked in eight countries," an official at the Central Bank of Iraq said. "The central bank reserves are $ 48 billion and the rest is the balance of the Ministry of Finance."

"The reserve is distributed between bonds and gold, with 89 tons and a hard currency," the official said, adding that the reserve had expired LINK

Nusseiri announces the contents of his vision for economic reform in Iraq in his new book

11th July, 2018

The economic and banking advisor Samir al-Nusairi announced Wednesday that his interest in reforming the Iraqi economy and its continuous follow-up to Iraq's special circumstances and challenges faced during the past four years and policies to overcome the economic and financial crisis that he suffered and is on his way out of the healthy. Including in his new book, which is currently in print and up to 800 pages of intermediate pieces and below is a summary of the contents of the book...

an introduction

The majority of countries, especially developing countries and Iraq, one of them adopts their curricula and economic system on the thought, philosophy and ideology that the political system believes in and based on the economic, human and natural resources, infrastructure, infrastructure and infrastructure available to the economy and the strategic objectives required to achieve the well-being of society and the basic needs of the people, His political system is working for his service and building his future, but under the special political, security and economic conditions that our country is currently living in, especially the economic reality and the economic crisis. This crisis has its current and future causes and repercussions due to the sudden drop in oil prices in the world market, which is Iraq's main economic resource, which is about 60% of the GDP and 95% of the GDP. Revenue

In addition to the confusion of the economic vision deep in the background and the reality of the Iraqi economy rent and the migration of national capital abroad because of the subjective and objective conditions above and instability in the business environment

What matters to us here is the Iraqi economy and what is new in it. What are the degrees of development and underdevelopment in its main workshops and what are their implications for sustainable development?

And what is our economic strategy and our reform program so we have our vision for economic reform stems from his insightful and transparent analysis of the reality of the Iraqi economy meets in four economic books starting from the analysis of economic repercussions in countries where there was movement and political changes reflected on the economic reality of these countries and those countries is Iraq During the last four years,

these publications discussed the role of the banking sector as the first step of economic reforms and the necessity of drawing up a methodology for economic and banking reform in line with the leadership of the Central Bank of Iraq for monetary policy applications It played a key role in supporting the national economy in the darkest circumstances of political, security and economic experienced by Iraq during the years (2015-2017), so the folder in which your hands represents the visions and policies proposed

The general framework of the reform vision

1 - Draw a road map at the level of the strategic and phased to reformulate the new economic approach to Iraq, which adopts the mechanisms of transition to a market economy

2 - Activation of the decisions reached by the expert committees formed in the Council of Ministers in 2015 for each sector of economic implementation of the road map for each economic sector and the implementation of these decisions to follow up, monitoring and evaluation

3- Forming a joint legal committee between the government and the private sector to reformulate, amend and issue new laws and activate all the laws issued and currently suspended which govern the management of the economic process and serve the implementation of the roadmap, which is approved, all the laws of the legislative environment that regulate and manage the Iraqi economy in its new curriculum

4. Reconsidering all associations, associations and organizations formed by law or administered by internal regulations and establishing the Private Sector Council. Its tasks shall be in accordance with the strategy of developing the private sector for the years (2014-2030 )

Starting from a pure Iraqi experience that is consistent with every Iraqi thing in the core of awareness, culture, sincere work and tomorrow

The Mashreq, which we see with optimistic eyes and work according to the principle of (we disagree in politics and unite the economy) because the peoples do not realize their well-being, happiness and prosperous future without a solid national economy that contributes to the construction of all and the foundations of this construction is available in Iraq

5 - Involvement of the private sector in economic decision-making and representation in the membership of the Council of Ministers LINK

Source: Dinar Recaps



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