KUWAIT: A Kuwaiti newspaper reported on Saturday a non-monetary payment mechanism for Kuwait's compensation to Iraq, while confirming that there was no intention to waive part of the $ 4.6 billion in receivables. The newspaper "Al-Jarida" quoted informed sources that "the joint committees between the two countries tend to fold the file of compensation final agreement to invest in vital projects in Iraq, with the import of Kuwait oil and gas, which contributes to strengthening relations of neighbors." The newspaper pointed out that "there is no Kuwaiti intention to waive part of those receivables of 4.6 billion dollars." On April 25, 2017, the State of Kuwait confirmed its readiness to examine future options to ensure that Iraq continues to pay US $ 4.6 billion in compensation for war losses between the two countries in 1990.
SOURCE
Effective economy
Ahmed Sumaidaie, the adoption of effective remedies is one of the necessities of the stage that requires the creation of an effective and promising economy based on the wealth available. As it is necessary to develop an economic platform that includes a realistic treatment of previous errors, most notably the stabilization of the identity of the Iraqi economy and work on it, and address the projects lagging service, from the reality that it reached and set a time limit for its operation.
The reality requires real investment and work to reduce the role of the state gradually and assign the task to the private sector and support to activate its role in the management of the country economically in the long term, and work to develop a precise plan aimed at the recruitment of fair competencies and the use of international expertise in that,
There is a necessity imposed by the fact is the continuity of development projects through loans for reasons of the most important ability of Iraq to pay for the existence of many resources, and fighting unemployment resulting from the suspension of development projects, and there are experiences of countries resorted to borrowing and was able to do its economy in a successful way in countries that do not have the ingredients of Iraq does not have Of resources compared to Iraq.
Here we have to activate the issue of loans in the country and its adoption in the activation of development projects and service lagging whether local or foreign loans, especially that the investment law No. 13 of 2010 and its amendments and support the Iraqi investor soft loans to operate the local workforce and the size of the loan obtained.
If we started the housing sector, the housing project loans were not economically viable because they were given individually need to cost, although the amount of up to 35 million Iraqi dinars often reach the beneficiary often, and if these investments in housing projects, the economic feasibility was better than Through the production of integrated residential units and services necessary as well as maintain the basic design of the city, and reduce corruption in projects.
Thus, we must work in different directions to know what is required by the current and future stage in order to create an effective national economy capable of promoting all sectors of service and productivity.
SOURCE
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They have the right concept and now they are teaching the people and then it will become a reality in time.
Starting up a dead and corrupt economy is a real chore but Abadi is taking it on.
SOURCE
Effective economy
Ahmed Sumaidaie, the adoption of effective remedies is one of the necessities of the stage that requires the creation of an effective and promising economy based on the wealth available. As it is necessary to develop an economic platform that includes a realistic treatment of previous errors, most notably the stabilization of the identity of the Iraqi economy and work on it, and address the projects lagging service, from the reality that it reached and set a time limit for its operation.
The reality requires real investment and work to reduce the role of the state gradually and assign the task to the private sector and support to activate its role in the management of the country economically in the long term, and work to develop a precise plan aimed at the recruitment of fair competencies and the use of international expertise in that,
There is a necessity imposed by the fact is the continuity of development projects through loans for reasons of the most important ability of Iraq to pay for the existence of many resources, and fighting unemployment resulting from the suspension of development projects, and there are experiences of countries resorted to borrowing and was able to do its economy in a successful way in countries that do not have the ingredients of Iraq does not have Of resources compared to Iraq.
Here we have to activate the issue of loans in the country and its adoption in the activation of development projects and service lagging whether local or foreign loans, especially that the investment law No. 13 of 2010 and its amendments and support the Iraqi investor soft loans to operate the local workforce and the size of the loan obtained.
If we started the housing sector, the housing project loans were not economically viable because they were given individually need to cost, although the amount of up to 35 million Iraqi dinars often reach the beneficiary often, and if these investments in housing projects, the economic feasibility was better than Through the production of integrated residential units and services necessary as well as maintain the basic design of the city, and reduce corruption in projects.
Thus, we must work in different directions to know what is required by the current and future stage in order to create an effective national economy capable of promoting all sectors of service and productivity.
SOURCE
---------------------------
They have the right concept and now they are teaching the people and then it will become a reality in time.
Starting up a dead and corrupt economy is a real chore but Abadi is taking it on.