Appearance of Mohammed Saleh: No problem in the contract of payment of the term

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Appearance of Mohammed Saleh: No problem in the contract of payment of the term

Post  Admin on Wed Apr 05, 2017 9:45 am

Wednesday, April 5, 2017 - 9:30 am


BAGHDAD / Alaa al-Tai stressed the appearance of Mohammed Saleh, economic adviser to Prime Minister Haider Abadi, that there is no problem with the contract of payment with the companies investing, indicating that the value of the projects for payment in the term in all governorates so far amounted to $ 5 billion, That the confidence shown by Fitch International credit rating of the Iraqi economy last month will have a positive return on investment in Iraq.

 Saleh said in a statement to local media, including "morning", that "one of the means contained in the budget law the right to implement projects by payment of the term," stressing that "projects of payment in the term are projects vital and harmful to the lives of citizens such as the implementation of hospital projects and water stations" .

 Saleh added that "the amounts of payment of the term for projects have been initiated in all provinces with investment companies, amounting to 5 billion dollars, or equivalent to 5 trillion Iraqi dinars."

 The economic adviser to the Prime Minister that "the Iraqi market is a free market, but it does not mean freedom of ownership," pointing out that the dollar is witnessing a bid and demand significantly and the Central Bank of Iraq pumped the dollar significantly in the Iraqi market in order to reduce any problem in the dollar and its price stability "He said.

 In the same vein, a report by the network "CNBC" US that the confidence shown by the Fitch International Rating of the Iraqi economy last month will have a positive return on investment in Iraq.

 "Fitch has awarded Iraq a B + rating with a positive outlook for its future, which it believes will be stable, even though it is fighting a terrorist organization," Fitch said in a report.

 Political instability as a result of conflicts. But pointed out that the positive outlook for the situation of Iraq will have a positive return among investors who fear to pump their money in it.

 Financial expert Stephen Simonis said: "Iraq can raise growth rates, thanks to its oil reserves and other sectors that can be relied upon.

http://www.imn.iq/archives/143038

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