Five important decisions for the economic cabinet
Five important decisions for the economic cabinet
12/07/2012 0:00
Most notably the lifting of the capital of the TBI to a trillion dinars
venom glands – the morning
recommended to the Committee on Economic Affairs in the Council of Ministers to increase the capital of the Trade Bank of Iraq of 500 billion dinars to the trillion dinars in addition to the four important decisions the other. This was announced for the morning Musdermjul of the Committee and said that the recommendations and decisions of other economic issued after a meeting of the Committee at its ninth session under the chairmanship of Deputy Prime Minister Ruz Nuri Shawees Economic Committee chairman.
The source explained that the Economic Commission also recommended the continuation of work and trading with the Central Bank of Iraq to reach a timely manner to the structure of the national currency (the deletion of zeros) and allowing the field to prepare a detailed report and action necessary in all respects legal and accounting.
Ben source that the committee agreed to increase the total cost of the project streams Essaouira from 54 billion dinars to 170 billion dinars for its importance in providing the best services for the people of Essaouira
as decided Economic Commission continued validity of the Minister of Planning for redeploy the annual allocations for investment projects between ministries and departments not related to the Ministry. and also decided to cancel the withdrawal of the work of Al Fao General one of the formations and the Ministry of Construction and Housing to give them the opportunity to project processing and installation of equipment Hidromekanekih the silo session during the period of (6) months.
The meeting was attended by ministers of finance, oil, trade, agriculture) The Iraqi Central Bank Governor, President of the National Commission for Investment, Dr. Abdul Hussein Al-Anbuge economic adviser in the Office of the Prime Minister, the Deputy Secretary General of General of the Council of Ministers for Administrative and Financial Affairs, also hosted the Economic Commission for meeting both the Ministers of Electricity, Municipalities and Public Works and Director General of Trade Bank of Iraq.
The Director-General of Trade Bank of Iraq Hamdiya dry had suggested in an interview summed up by the morning that the great development witnessed by the bank in the provision of banking services and products of different invited to ask the government to raise capital of the bank in response to the requirements of the expansion of its activities and to cover all the requirements of customers and other banks
and hoped the to witness the second half of this year to launch services that help entrepreneurs and international companies and local communities in the provision of basic needs.
Source: alsabaah
