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Tag: Iraqi Private Sector

New Bank will be Established to Finance Trade for Iraqi Private Sector

New Bank will be Established to Finance Trade for Iraqi Private Sector

On Sunday, the Economic Affairs Advisor to the Iraqi Prime Minister, Muhammad Saleh issued a statement that Iraqi government has planned to establish a new bank for finance trade to Iraqi private sector. He also stressed the need for detachment between foreign trade financing and monetary policy. He added in his interview that it is the time to segregate trade financing and monetary policy with the proposal and establish a new bank. It would work in cooperation with government and…

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Iraqi PM Met with World Bank to Support Iraqi Private Sector

Iraqi PM Met with World Bank to Support Iraqi Private Sector

The Iraqi Prime Minister Haider Al Abadi fatigued the importance in generating job opportunities in many sectors in order to take up the unemployment momentum. The strength of mind of Iraqi government is not to focus only on petroleum products, but we need to execute with new mechanisms to support the Iraqi private sector. The Iraqi Prime Minister met with the World Bank’s Regional Director Farid Belhaj and fatigued the importance of creating new jobs in a number of different…

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Railway Is Important For the Improvement of Industrial Sector

Railway Is Important For the Improvement of Industrial Sector

Iraqi Dinar 123 News: – A representative of the administrative board of the economist association Dr. Ikram Abdul Aziz pointed out the importance of many aspects. He said that transport is the key element for almost all the sectors, especially the rail-way is most important to facilitate most of the industrial sectors. The production and distribution of the material work together. Dr. Ikram further said that transport especially rail hub elements to improve the industrial sector, because production and distribution…

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The Representatives From Private Sectors To Attend Conference

The Representatives From Private Sectors To Attend Conference

Iraqi Dinar 123 News: – A statement issued by the Deputy in the economic commission that we are planning to conduct a conference for the private sector representatives. He said it has its own importance because the representatives from all the provinces of the private sectors will participate in this debate regarding the improvements and to boost the Iraqi economy. There are many high-owned technical and administrative capabilities in the local private sector. There is high technology and latest techniques…

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Improvement in the Iraqi Private Sector

Improvement in the Iraqi Private Sector

Iraqi Dinar 123 News: – An Economic Expert Jamil said that most of the indicated flashy problems are not much supportive in the way of establishment in business developing banks for the improvement in the working spirit for the Iraqi private sector. He further said that economists should indicate the problems which are bounding or stopping the activities in the private sector using the implementation of applications which have been launched by the Iraqi government. He pointed out that there is…

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Iraq Working on New Strategy to Uplift Private Sector

Iraq Working on New Strategy to Uplift Private Sector

Iraqi Dinar 123 News: – The Iraqi Prime Minister Haider Al Abadi has launched a plan of 4 axes and it would continue until 2030. His aim is to encourage the Iraqi private sector to upgrade the domestic production in the country which is running down continuously for last 10 years. He also ensured that it would raise the dimension in its contribution in the gross domestic products up to 18 percent. Yesterday, Haider Al Abadi also added in a…

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New Strategy Launched for Private Sector Development

New Strategy Launched for Private Sector Development

Iraqi Dinar 123 News: – Director of the Prime Minister’s office Dr. Mahdi issued a statement that Iraqi government is planning to launch a new strategy for the development in the private sector on 9th February 2015. He also added that new strategy for the development in private sector will be launched on 9th February 2015. This new scheme would be finalized after the discussion between the Iraqi Government Cabinet Advisers and the United Nation Organizations in the second week…

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