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Tuesday, March 8, 2016

BLC Admin Tlm724 News & Comments  3-08-16  Part 1 of 2

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 BLC Admin Tlm724 News & Comments  3-08-16  Part 1 of 2
 
The local currency to invest in global stock 
 
3/8/2016 0:00   BAGHDAD - Hussein al - Tamimi Tgb  continue specialists efforts in economic affairs in the search for exits reduce the impact of financial distress on Iraq, the adoption of mechanisms to elevate the Iraqi dinar cross - entered the global bourse.
Specialist on global stock Osama Mahmoud said that minimize the effects of the financial crisis on the economy Iraq requires action on the adoption of measures and new solutions can be adopted for the next stage.
 
multiple solutions and pointed out in an interview for »morning« that the most important solutions to the current crisis is to enter into the world of the stock market and two - way are the public sector and the private sector,
the government sector will find multiple solutions contribute to the alleviation of the crisis financial entry through the dinar traded, it can be to buy the local market requirements of global markets through it and thus encourage investment in Iraqi dinar and thus the amount of hard currency out into the world markets.
 
strengthening of the currency and said the entry of the Iraqi dinar in the stock market will reduce drafts and eliminates the black market and thus prevent fluctuation dinar exchange rate against the dollar, as well as he would give the strength and momentum of the Iraqi economy through the strengthening of the local currency in the global market,
 
adding that he Aaufer citizen support in food prices, where the purchase of food commodities product President and international prices without the presence of mediations increase the cost of Article food.
 
a second income either solutions to be provided by the stock market simple citizen is represented few savings simple citizen and could be a second source of income which can use these savings in the stock markets and thus achieve financial gains not too bad to be helped him in improving the personal financial situation,
 
as well as the availability of goods President that the citizen needs a president in his daily life at constant rates unchanged in value, and given the economic stability of the citizen away from the greed of traders who controls the destiny of the people by manipulating prices under the pretext of changing the Iraqi dinar exchange rate.
 
here it must be noted that the stock market is part of the many solutions on the Iraqi economic arena as well as the many solutions that will improve the economic situation of the country away from compromising the income of ordinary citizens. price changes and passes Iraq a severe financial crisis as a result of the country 's dependence on oil as the main source of funding
 
and thus put the country 's economy likely to fluctuate with changes in oil prices in global markets, and with lower prices to record highs , the oil market has not seen since the nineties of the last century, it has become a critical situation in the economy, with an estimated deficit in the Iraqi budget according to the latest official statements by about 34 billion Iraqi dinars.
 
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tlm724:    Iraq requires action on the adoption of measures and new solutions can be adopted for the next stage. multiple solutions and pointed out in an interview for »morning« that the most important solutions to the current crisis is to enter into the world of the stock market
 
 
RE: The start of the Iraqi Finance Forum in Beirut and assurances to support the country's banking sector
 
He added, "The sessions dealt with the Iraqi Central Bank's plans, strategies, financial reforms that government is trying to implement to attract investors, and the future of the State -owned banks, and the role of Islamic banks, and the role of the Iraqi financial markets to support the economy,
 
the current situation of the banking sector and the participation of foreign lending companies, the environment and technological pivotal role in driving innovation and risk mitigation, as well as sources of funding for large projects and infrastructure, and the development of Iraq Stock Exchange, funding opportunities, the Iraqi private sector. " 
 
And between, the "Governor of the Central Bank on the Keywords occur during his speech at the Forum on great opportunities to diversify the production base offered by the application of this approach," pointing out that "commodity production contribution of the total output of only 16%,
 
which means that there is ample room for the growth of agriculture and industry , because in this context refers to the approaching Iraq to achieve self-sufficiency in wheat production, while imports millions of tons annually Keywords and said that the banking sector has an important role in supporting growth and reduce unemployment in Iraq, through various sectors finance and expand the purchasing power of citizens. "
 
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RE: Commercial Bank: the next phase will see the completion of projects at a cost of eight billion dollars
 
"the year 2016 is a pivotal moment for the efforts of Iraq's strategy to maintain economic progress and development of new funding opportunities and the government seeks to gain access to structural and administrative reforms, the long-awaited, which when implemented will reveal investment potential enormous in the economy and is preparing for expansion,"
 
Dry and stressed that "Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services,"
 
It's all coming together  Wink
 
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Commercial Bank: the next phase will see the completion of projects at a cost of eight billion dollars
 
The main road leading from the Allawi area to the intersection of the Baghdad International Fair, west of Baghdad, which passes close to the famous theme park in the capital Zora Imaging (Mahmoud Raouf)
Picture
Author: AR, HH   Editor: AR, HH 08/03/2016 13:07    Long-Presse / Baghdad
Announced the Trade Bank of Iraq (TBI), said on Tuesday that the coming stage will witness the completion of projects in Iraq at a cost of eight billion dollars, and as he emphasized that including airports and infrastructure projects, called on Arab banks to finance projects as investment opportunities.
 
The Director General of the Trade Bank of Iraq (TBI) Hamdiya dry in an interview to the (long-Presse), "The bank is working on the completion of projects of more than eight billion dollars, including major projects such as the establishment airports and infrastructure projects," indicating that "those projects that will help in supporting the country's economy. "
 
Dry Arab banks and money funds and called for "the financing of these projects as investment opportunities, according to the new law of the amended investment that addresses all the problems and gives opportunities accessible to investors now more than ever,"
 
asserting that "the Iraqi and Arab banks have a role in supporting the country's economy and the rebuilding of Iraq. This what count during the next phase in which Iraq needs for their support more than ever. "
 
Dry and added that "the year 2016 is a pivotal moment for the efforts of Iraq's strategy to maintain economic progress and development of new funding opportunities and the government seeks to gain access to structural and administrative reforms, the long-awaited,
 
which when implemented will reveal investment potential enormous in the economy and is preparing for expansion," pointing out that "Iraq's economy is proving to be resilient significantly and this is reflected in an increased focus on providing security and promoting transparency."
 
Dry and stressed that "Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services," adding that "the country has become less dependent on oil revenues,
 
Iraq seeks to establish new partnerships to deal with a number of financial and political issues urgent infrastructure projects and a fund to support oil and gas, electricity and transportation projects. "

It is noteworthy that Iraq is experiencing a financial crisis due to falling oil prices and the war against al (Daash, affecting the budget of the country, and led to stop the majority of projects.   LINK  
Lightingcslt :      pointing out that "Iraq's economy is proving to be resilient significantly and this is reflected in an increased focus on providing security and promoting transparency."
Dry and stressed that "Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services," adding that "the country has become less dependent on oil revenues,
 
Iraq seeks to establish new partnerships to deal with a number of financial and political issues urgent infrastructure projects and a fund to support oil and gas, electricity and transportation projects.
 
see whats happening behind all the news? iraq is awakening
 
tlm724:     "the year 2016 is a pivotal moment for the efforts of Iraq's strategy to maintain economic progress and development of new funding opportunities and the government seeks to gain access to structural and administrative reforms, the long-awaited, which when implemented will reveal investment potential enormous in the economy and is preparing for expansion,"
 
Dry and stressed that "Iraq is open for privatization and provide new opportunities for foreign direct investment in industries and seeks in particular international partners to modernize the infrastructure for financial services,"
 
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