Parliamentary economy calls for activating the economic aspects



Student The economic and investment commission parliamentary Activate Aspects Economic the mission Such as industry And Agriculture And reliance on her Brphi Budget the public.

He said committee member respond by Najib in an interview for “Economy News,” So far , there are five ministries occupant must pass and the state of these ministries crashes ” , noting that ” the government program is not a reform of the ministry or distracting to the ministers, but we need economic development programs restructured ministries . ”

She added that ” the country ‘s economy continuously relying on a single supplier, and this produced aneconomic and financial cons, so you must do economic sectors, such as industry and agriculture, to supplement the general budget, particularly as we pass through dire economic crisis .”

Najib asked the concerned authorities to expedite the ratification of the Law Alhdoah ports, being one of theimportant resources of the state in providing economic support .




IMF gets pledges worth $ 340 billion


History of edits:: 07.10.2016 22:2319 visits readable
[Oan- up]
IMF announced on Friday that it received commitments from 25 member countries to provide fund for lending bilateral resources valued at $ 340 billion for maximum extended until the end of 2022.
She stressed IMF Managing Director Christine Lagarde said in a statement that those commitments will maintain the college fund in lending capacity.
She added , “I was pleased by the many member states to make those commitments and encourage others to join this international cooperative efforts.”
Comes those pledges on the first day of meetings the annual international Monetary Fund, which will last three days in Washington.

Macgork: Iraqi forces are determine the zero hour for the battle of Mosul


History of edits:: 07.10.2016 21:477 visits readable
[Oan- Baghdad]
Brett Macgork envoy of US President Barack Obama , the international coalition, said that the Iraqi forces are determine the zero hour for the battle to liberate the city of Mosul from Daesh.
He said Macgork at a news conference in Washington, on Friday evening, said that “momentum alongside Iraqi forces , which will determine the date of starting the process of Mosul and Sndahmanm when they are ready to move.”
He stressed the importance of protecting the population of Mosul , “he said . ” We want to know where to move the displaced Fdaash trying kill them. ”
Macgork pointed out that” the Iraqi air Force will deliver publications in addition to the role of radio stations will guide people toward the safe exit routes or how to maintain the protection of themselves and avoid military damage , and we want to make sure that the population of Mosul know enough to protect himself. “

World Bank: Growth in Iraq’s GDP for the years 2017 and 2018 are very few and scary

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The World Bank said in his study, that Iraq is the growth in GDP in 2017 and 2018 for “very small”, but predicted future conditions improved, while stressing that the inflation rate will remain at 2% for the years 2017 and 2018.

Saw the World Bank in a study monitored by him / balances News / “Those who join the Daesh not because of that education is not good that the poor among them, but they did not find work and not distracting.”

According to the study, “the Iraqi debt accounts for 70% of GDP in 2016, while 56% of GDP in 2015”.

He pointed to “the need for Iraq for the growth and revitalization of industry, agriculture and domestic investment while reducing the privileges of members of senior high functional and bicycles in order to fulfill the debt and that does not turn to religion size beyond the capacity of repayment.”

He said “these steps could raise living standards for the poor, who arrived extent of 30% in the South and 22.5% in general, according to the (2014 estimates) and in the control areas Daesh poverty reached (41.2%).”

“The inflation rate will remain at 2% during the years 2017 and 2018,” pointing out that “10 million people need help because Daesh and 3.4 million are already displaced operations due to organize Daesh and need direct assistance.”

The World Bank, said a month ago that the economic growth of the countries that are experiencing battles, such as Iraq, Syria, Yemen, Libya rates “will not improve soon,” While the likely economic situation in Iraq remains “fragile” with the continuing violence and the fighting and the decline in oil prices in exchange for higher requirements costs military and humanitarian, the gross domestic product of Iraq will grow by 4.3 percent this year, with the possibility of rising to 5.6 percent next year.

It suggested the World Bank, to “keep the economic situation in Iraq is fragile , with continuing violence and fighting and falling oil prices compared with a rise of military and humanitarian needs of the costs and the increased incidence of internal displacement and displacement , ” asserting that “GDP growth rate of GDP for Iraq during the current 2016 will be 4.3% percent , with the possibility of rising to 5.6 percent during the year 2017 “.anthy 29 / tc n

Youkhana likely to postpone the parliamentary sessions until after the tenth of Muharram


History of edits:: 07.10.2016 15:50100 visits readable
{Baghdad: Euphrates News} assured the House of Representatives decision of Imad Youkhana Friday that the House of Representatives will not hold its session on Saturday, while the predicted postponed until after the tenth day of the month of Muharram approved Wednesday.
Said Youkhana told {Euphrates News} on Friday, said that “on Saturday will be devoted to the work of the committees where he will hold a meeting between theboard of the Presidency of the Council of Representatives and the heads of theblocks for the purpose of resolving the presidencies of committees.”

He added that ” the presidency of the parliament will determine the date of the next meeting, it was postponed hearings to post – tenth day of the month of Muharram. ”
the House Speaker Salim al – Jubouri had instructed yesterday to allocate on Saturday for a meeting of parliamentary committees as well as a meeting of the presidium with the heads of the committees and parliamentary blocs in, lifting theparliamentary session without specifying a date to be held in the coming days. ended m


Kurdistan’s oil exports rise to 564 thousand barrels per day in September


History of edits:: 07.10.2016 11:2685 visits readable
[Oan- Baghdad]
and the Ministry of Natural Resources in the Kurdistan Regional Government said on Friday that oil exports from the region through Turkey reached 564 thousand and 808 barrels per day in September ,up from 411 and 727 thousand barrels per day in August.
The total net income received by the KRG for oil sales in September about 327.6 million dollars ,while the total value of crude sales amounted to 611.7 million dollars.
According to the Ministry of Natural Resources that the average price of a barrel of oil was US $ 36.10.
The exports went down to the lowest level in five months in August.

Brent oil to rise to $ 52 with the imminent OPEC meeting with the participation of Iraq


History of edits:: 07.10.2016 9:38121 visits readable
[Oan- Baghdad]
Brent crude oil rise in prices is the highest in four months with the support of a new informal meeting of the Organization of Petroleum Exporting Countries [OPEC] on reducing production and the drop in US crude inventories.
The total International benchmark index Bryant on Friday morning to $ 52.51 a barrel.
Sources in the OPEC oil ministers of Iraq, Saudi Arabia and Iran will be amongst senior representatives of the organization who will meet with Russia is not an OPEC member to hold informal talks next week on the sidelines of an energy conference in Istanbul .
oil rose more than six dollars a barrel since OPEC announced during informal talks in Algeria on 28 September that it hoped to reduce production to between 32.5 million and 33 million barrels per day ,which will be saved heaving about supply of about 700 thousand barrels per day global market .
analysts estimate the surplus in supply about one million to 1.5 million barrels per day.

Parliamentary Economy: an agreement to repay the depositors’ money banks


History of edits:: 07.10.2016 11:5099 visits readable
{Baghdad} Euphrates News announced that a member of the economic and investment commission in Parliament, Harith al-Harthy, the agreement with the banks to pay back the money deposited with it to the depositors.
He said Al – Harthy told {Euphrates News}, “after the term of our discussion with the central bank and joint meetings director with the general managers of thebanks, we came to a joint cooperation required banks to pay depositors ‘ money to them.”

He was a member of the parliamentary finance committee Sirhan Ahmed, called last June, the government has to support banks and activate the deposit law for the purpose of revitalization of the banking sector and development of the country ‘s economy.
Ahmed said, for {Euphrates News}, ” the development of the banking sector in Iraq is through the government support for the banks, as well as the Central Bank and funding required amounts to be able to fulfill their duties to the fullest “noting that” this depends on the amount found in central bank reserves. ”
He pointed out that” deposits distributed to the state framework bank deposits law, enabling individuals to deposit their belongings in the banks and treats these holdings leads to a continuous movement between customers and banks . ” .
the economic expert on behalf of Jamil Antoine, said on the ninth of May, ” thebanking system in Iraq put a miserable.”
said Antoine’s {Euphrates News} “with the rise in oil prices up to $ 50 a barrel then would reduce the budget deficit and opens the way for the Iraqi government to pay the debt and ease the burden on in addition to the economic budget move to create jobs at home , “adding , ” now there is an economic paralysis in theprivate sector and non – payment of the government ‘s commitments in addition to the banking system in Iraq in a desperate situation and this has exacerbated theproblem and held more “.anthy p