Twilight News / spokesman for the Information Office of the Prime Minister Saad al-Hadithi said on Sunday that the government has allocated 2.5 trillion dinars to fulfill financial dues accumulated to farmers for Soukoha crops in favor of the Ministry of Commerce.
He explained Sabri told a news briefing that “the Council of Ministers decided to market wheat crop for the year 2017 plan and the face of the distribution of benefits of peasants and farmers for the current season and prepare a comprehensive action plan that includes non-accumulation of crop tankers by organizing schedules delivery by harvest dates in their regions.”
He added that the Council of Ministers “face sprayed an amount of five hundred billion dinars per month starting from the month of April until the month of August for the year 2017 to pay dues marketers to allocate 10% of these amounts to the Ministry of Agriculture in order to reimburse the farmers for the seeds of wheat and barley.”
Sabri pointed out that “the Council also decided to” re-allocation of refunds from farmers for loans discharged within the received agricultural initiative of the peasants for the years 2014, 2015.2016 projects amounting to 198 billion dinars to be allocated exclusively for projects of agricultural initiative for Agricultural Bank. “
The peasants have accumulated entitlements for crops of wheat and barley Soukoha for the Ministry of Commerce since 2014 as a result of the financial crisis afflicting the country.
Are GMT 10:28 2017 Sunday, 07 May / May
The chairman of the Iraqi Association of private banks and depositary Handal, the availability of many opportunities and large areas of the private sector for the promotion of industry, agriculture, trade and services, and considered that this will only be achieved through the formation of an Iraqi Supreme Economic Council includes the government, the parliament and the private sector, where he is developing a general economic and financial strategic plans short, medium and long term, and draws a road map out of thefinancial crises , and did not lose sight of benefiting from the experiences of the world that have passed in similar circumstances and economic.
He spoke Handal, about supposed role of the private sector in Iraq’s participation in economic decision and its contribution to making the comprehensive and sustainable development, and unfortunately, because the private sector “has not given the opportunity they deserve and did not get the support they promised,” he said, “will not the private sector of the Iraqi List under mentality that is still controlling some economic decision-makers, and emanating from the lack of confidence in the sector and the desire to keep his role marginally, “and asked,” is the government or parliament, the private sector or subjective and objective circumstances surrounding this sector, and restricted his movement and brought him to what it is of almost total deficit ”
According to Handal , ” the initiative of the Iraqi private sector by one out of his sense of responsibility entrusted to him, to announce the emergence of the Iraqi Economic Forum , which was formed about two years ago, brought together 12 unions and organizations including the Iraqi private banks association, in a bold and unprecedented step to unify efforts and unifying rows and enter the arena of Iraqi economic work entitled one, to draw the government and parliament and society look at its potential , which includes millions of Iraqis working in the agricultural, industrial, service and craft fields. ”
He pointed out that this step did not take the legal form of constitutional so far, because of the other Bugeanathm sub-identities, which prevented the completion of this great project, hoping to see the light in the future, and stressed Alhandal the need to contribute to the private sector in the economic reform process and in the work of government committees competent, and in the preparation of public budgets, and participate in foreign visits to Iraqi officials like foreign officials who are keen to accompany representatives of the private sector companies with them during foreign visits.
He believed that the participation of the private sector in economic decision-making in Iraq, is not elusive, and should not be seen as incapable of the economy, which approved a constitutional management, and stressed the importance of openness in the framework of the market economy theory.
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BAGHDAD – The Journal News
It confirmed the Foreign Relations Committee in the Iraqi parliament on Sunday that Iraq’s participation in the summits held in the region is important, especially that he’s fighting a war against the terrorist organization Daesh.
A member of the committee MP Luis Caro’s “Journal News”, that “the Commission was not aware of a summit in the region in the presence of Trump and under the auspices of Saudi Arabia, in the event held in Iraq will be the first invited to it and his presence is important for several reasons, of which Iraq is fighting a war against al Daesh terrorist” .
He added that “there is a convergence in the Saudi-Iraqi relations, as Iraq linking strategic framework agreement with the United States, as well as the presence of US advisers in Iraq and the international coalition against the terrorist organization Daesh, and that the participation of Iraq to discuss these important files.”
Riyadh is preparing to three summits held in the presence of US President Donald Trump, during his planned visit to Saudi Arabia at the end of this month, as the first station since he took office.
Author: Mohammed Sharif Abu Mayssam
The reasons stated in the legislation of Basra , the capital of Iraq ‘s economic law, that this law was to enhance the reality of the Iraqi economy, and the events ofcomprehensive economic development for the advancement of the standard of living and service of Iraqi citizens and public and private visual citizen.
This is confirmed by the provisions contained in the six articles of the law, which left thecentral government to issue regulations and controls to implement the provisions in thebody of the law in coordination with the local government ‘s economic capital after thePresidency Council approval and publication of the law in the Official Gazette.
Here will be the time factor between approval and publication and then insert the law into effect very important, especially since Product – 3- First : require consensus on theformation of the Secretariat of the economic capital , which is supposed to be run by theCouncil of the Municipality of the capital, which reminds us of what is stated in the first of the Consumer Protection Act No. 1 of 2010 , which provided for the formation of theCouncil for consumer protection, and as stated in the first of competition law and antitrust No. 14 of 2010 , which provided for the formation of the Council to regulate competition and prevent monopoly, since the two chambers not seen the light for reasons no oneknows one, making laws idle minute limit.
Not only that , since our reference to the time of the publication of the law in the Official Gazette stems from the experience of legislation of the Customs Tariff Law No. 22 of 2010 and published in the Gazette of Iraq crashes about ten months, and did not come into effect only in 2016 according to the confused mechanisms are not incorporated in theimplementation moment fairly well.
As well as other laws that have initiated the experience did not come into force , such as the Iraqi Product Protection Act No. 11 of 2010 and the Labor Law No. 37 of 2015.
But it may be different relatively on the application of Basra , capital of Iraq ‘s economic law , as some believe, based on what will exercise deputies Basra province in parliament and local government from the compressor reaction to the central government for theimplementation of Article V of the law that left the Council of Ministers to issue instructions and regulations necessary for the implementation of this the law incoordination with the local government in the province of Basra , without being obliged todo so, and here it is useful to recall disrupt the implementation of the project of Faw port ,which announced the intention of his residence since 2004 and could send the spirit in the labor market and does the market movement, but he remained pure Ura In thedrawers it did not appear until the moment it only breakwater.
To accelerate the implementation of this law , the long – long – awaited can contribute to a very significant contribution to make a quantum leap in the province of Basra towards real development throughout the country, through optimal investment for economic and human resources, infrastructure development and the development of the legal and administrative basis to keep pace with the development of trade centers in region and provide employment opportunities and the multiplicity of sources of national income of theIraqi people in general, but we must not stand by when legislation, and we are serious about putting this law into practice as soon as possible and proceed to holding the reins for the benefit of the country.
The monetary policy of the most prominent efforts to achieve economic stability and stabilizing the exchange rate rates that the national economy will also increase the strength and effectiveness to meet the economic challenges of economic policies, as the achievement of foreign exchange reserves currently stands at up to 49 billion dollars, and install the Iraqi dinar exchange rate against the dollar are preparing to be necessary and appropriate, as the window of foreign currency held by the central positive role in maintaining an appropriate level of the exchange rate and install it.
The Central Bank of Iraq has taken several steps to expand the list of available tools formonetary policy and to cover the required reserve to include government deposits and granting facilities on deposits maturing in a short period in order to allow banks tomanage their liquidity situation more effectively.
The launch of the liberated areas, staff salaries
BAGHDAD / morning
Said the Information Office of the Prime Minister continues to government efforts to reform theIraqi economy, and diversifying the sources Aldechl.ufema announced to take the cabinet among steps to revitalize the agricultural sector, revealed the issuance of a decision toreduce the tariff wage electricity to the agricultural sector, and disbursement of thirty billion dinars for agricultural prevention, veterinary and Alasmdh.oukal FBI spokesman Saad Sabri, during the brief weekly: ” the continuous government efforts to reform theIraqi economy, diversification and multi – national income resources and re – energize thebasic sectors, particularly the agricultural sector , ” pointing to “take many measures in itsA connection, as the Council of Ministers approved the marketing of wheat crop for theyear 2017 plan and the face of the distribution of benefits of peasants and farmers for thecurrent season and prepare a comprehensive action plan that includes non -accumulation of crop tankers by organizing schedules delivery by harvest dates in their regions “. As the face of the Council of Ministers, according to the newborn, the Ministry of financial release of an amount of five hundred billion dinars per month , starting from the “last April” until the month of august for the year 2017 to pay dues marketers that 10 percent of the amounts allocated to the Ministry of Agriculture in order to reimburse thefarmers for the seeds of wheat and barley he explained the official spokesman, said ” In pursuit of the Council of Alu Behind to provide all forms of support necessary to stimulate the partnership with the private sector in the field of agricultural investment and job creation and walk in the way of achieving national food security and self-sufficiency for Iraq in basic crops, the Council has decided to reallocate the amounts recovered from farmers for loans discharged within the received agricultural initiative projects peasants for the years 2014.2015, 2016 amounting to 198 billion dinars to be allocated exclusively for projects of agricultural initiative for Agricultural Bank , “stressing” the approval of theCouncil of Ministers by the Ministry of Finance to allocate nine billion dinars from thecontingency reserve allocations for the year 2017 to General Company for Grain Trade in the Ministry of Commerce for the purpose of completing draft (Karbala metal silo and silo Tents metal).
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