******* Economic Reform Conference recommends the establishment of a development bank to support sectors

22/12/2014



BAGHDAD / JD / .. recommended economic reform conference, which was held under the auspices of the Liberal bloc in the presence of a number of MPs and economists in a good hotel, the government set up a development bank allocates a capital of 1% of the general budget to support economic sectors, and the development of investment through the granting of facilities and privileges to investors.

He Abdalhassan Shammari head of the industrial assembly and a member of the Investment Committee problem within the Conference of the Agency / BD /: "The Conference of economic reform was held under the auspices of the political body of the bloc Liberal headed by Deputy Prime Minister Bahaa al-Araji, in the presence of a number of members of the committees of Economy and Finance Alniabaten and the advisers in the prime minister, as well as for experts and specialists in economic affairs, so as to support economic sectors and face the crisis of lower oil prices. "

He added: "It was formed three committees in Congress is a committee (investment and expenditure and income) for the study of the current economic situation and come up with recommendations and decisions serve the Iraqi economy," he said, adding that "the most important recommendations that I've made the investment committee at the conference is to invest to develop and solve the land granted to investors problem and the land must be delivered from the state departments to the Investment Authority within 60 days from the date of implementation of the resolution as set forth in Article Investment Law No. 13 of 2006 ".

He continued: Among the decisions reached by the Investment Committee is to agree on the establishment of a development bank investment supports economic sectors of large strategic projects, where he devoted his 1% of the general budget for a period of seven years and extended for another seven years, "pointing out that al-Araji convey these recommendations and decisions to the Presidency of the Council of Ministers for discussion and implementation. "

And between Shammari: "This conference will present the program of the government, through the pressure of expenses and maximize resources and run economic sector of agriculture, industry and tourism, and others for the advancement of Iraq economically and not rely on oil as a key resource in the budget and the development of appropriate mechanisms and this blurted good after exposure oil prices to fall sharply."

He said: "These decisions we consider Ksnaaaan supporter of small and medium industries in order to eliminate unemployment and poverty scalable" .


http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://dananernews.com/News_Details.php%3FID%3D5408&usg=ALkJrhj-eUf6eS45ByGU1PYK_JxDThFAmg