Posts Tagged ‘World Bank’

IMF warns of sliding euro zone recession

IMF warns of sliding euro zone recession

10/10/2014 16:16

Follow-up – and babysit – warned the head of the International Monetary Fund Christine Lagarde of the possibility of sliding back into the euro zone into recession if they are not adopting sound economic policies.
Lagarde said, “We do not say that the region is heading toward recession, but say there is a serious risk of the occurrence if it did not do anything.”

Lagarde’s comments came at a news conference in Washington at the Read more…

Experts diagnosed the weakness of the banking performance and reform

Experts diagnosed the weakness of the banking performance and reform

9/28/2014 0:00

Hafiz emphasizes the need for attention to the warnings of the World Bank
BAGHDAD Shokran Fatlawi
called economic expert d. Mehdi al-Hafez need to pay attention to what came in the World Bank report of observations on the Iraqi financial sector, especially the banking system, stressing that envisages solutions accuracy in the light of the recommendations and warnings of the banking system
came during the Read more…

Keywords appointed governor of the Iraqi Central Bank

Keywords appointed governor of the Iraqi Central Bank

02-09-2014 02:55 PM

The Council of Ministers approved, on Tuesday, to take over the secretary-general of the Council of Ministers on the Keywords, the governor of the central bank.
An informed source said in a press statement, that ‘the Council of Ministers during its regular voice, which was held today (Tuesday 2 September / September 2014), voted unanimously to Read more…

Dentex approached the TBI to support the local government in light of the delay in budget

Dentex approached the TBI to support the local government in light of the delay in budget

26/08/2014

BAGHDAD / JD / .. The president of the Baghdad Provincial Council Riyad dentex, for the Council’s determination to find a channel to support local government to support financially in light of the delay in approving the budget.
Said dentex Agency / JD /: he “visited the Trade Bank of Iraq TBI and discussed with him the possibility of coordination and cooperation to find a Read more…

UN report: Iraq stands on the brink of civil war

UN report: Iraq stands on the brink of civil war

06/11/2014 1:51 PM

Orbit – Translation term / Iraq stands on the brink of civil war, and it seems that its elections did not bring about any prospect of national unity or the commander of an efficient, as a result, there is a concentration of naturally growing violence and political divisions. This is just a fraction of the situation in the country, where separated Organization ( Bjork Sher) these issues in depth in a lengthy report called ‘Iraq is in crisis’ can be found on the site Studies Center Strategic International. Read more…

Central Bank: We have not reached Bahtiattiyatna to 100 billion dollars due to the failure to approve the budget

Central Bank: We have not reached Bahtiattiyatna to 100 billion dollars due to the failure to approve the budget

Monday, June 2, 2014 11:33

Alsumaria News / Baghdad,
attributed the Central Bank of Iraq, Monday, lack of access reserves, to 100 billion dollars to the failure to approve the federal budget, while noting that it sold dollars to the government. bank governor said agency Abdel Basset Turki said in an interview for “Alsumaria News”, “Non- approving the budget and behind lack of access reserves of the bank to 100 billion dollars, “adding that” the Read more…

World Bank chooses three Iraqi provinces to implement the management program of government investment

World Bank chooses three Iraqi provinces to implement the management program of government investment

Tuesday 27 May 2014 18:28

Alsumaria News / Kirkuk
Kirkuk Provincial Council announced Tuesday that the World Bank and the Ministry of Planning chose the provinces of Kirkuk, Karbala, Maysan coverage in the management of government investment program to witness the evolution of these provinces and large urban movement.

The council said in a statement Tqlt “Alsumaria News”, a copy of which, “The head of the provincial council in Kirkuk agency Ribawar high Talabani discussed with a delegation from the World Bank program on the Read more…

World Bank confirms its commitment to support Iraq

World Bank confirms its commitment to support Iraq

11/05/2014 12:22:00

World Bank confirmed its commitment to support Iraq to benefit more from the oil sector, the most important source of revenue in the country and turn it into an engine for development.
and the World Bank noted in a report, that “the recovery in Iraq’s oil sector has made ​​great progress, pointing out that Iraq depends on oil and gas as a source of about 98 per cent of exports and 96 per cent of its revenue official. ”
According to the report, “with the adoption of a new energy strategy Read more…

World Bank: Iraq’s oil sector has made great progress

World Bank: Iraq’s oil sector has made great progress

Date Published: 15:07, May 9, 2014

(Independent) .. World Bank confirmed its commitment to support Iraq to benefit more from the oil sector, the most important source of revenue in the country and turn it into an engine for development.

The World Bank noted in a recent report that the recovery in the Iraqi oil sector has made great progress despite the Read more…

IMF calls for ambitious reforms

IMF calls for ambitious reforms

4/19/2014 0:00

Capitals – Agencies
International Monetary Fund said it should countries in the Middle East and North Africa make ambitious reforms to achieve sustainable growth provides more job opportunities and promote equality and diversification of the economy.
said the fund said in a statement that the challenges facing the region occupied a prominent place on the agenda of the Spring Meetings in 2014 and held by the Fund and the World Bank in Washington DC last week, and included Read more…

Warnings of foreign companies in Iraq to a mass exodus

Warnings of foreign companies in Iraq to a mass exodus

Posted 17/04/2014 09:54 AM

BAGHDAD – “arenas of Liberation”
Specialized experts warned that Iraq will stand embarrassed in front of the foreign companies operating in the country that will face the great migration to future investment companies.

U.S. oil giant “Exxon Mobil” has decided to liquidate its business in Iraq
The director of “media center” economic, Dargham Muhammad Ali , “The delay in approving the financial budget for the year 2014 will lead Iraq into Read more…

Central defends the procedures followed in the auction currency

Central defends the procedures followed in the auction currency

4-16-14

Tomorrow’s Press / BAGHDAD: The governor of the Iraqi Central Bank Abdel Basset Turki, Wednesday, that the lengthy discussions took place between Iraq and the IMF and the World Bank Read more…

Sumaisem warns of World Bank loans: further evidence on the mismanagement of economic resources in Iraq

Sumaisem warns of World Bank loans: further evidence on the mismanagement of economic resources in Iraq

Posted 16/04/2014 10:05 AM

BAGHDAD – “arenas of Liberation”
warned an economic expert peace Sumaisem, the Ministry of Finance to borrow money from the World Bank, so what constitutes “significant risk to the Iraqi economy.”

She said, “Iraq’s budget does not need financial loans from the World Bank to bridge the deficit, the fact that the budget deficit by default and is not Read more…

World Bank reports show significant progress in the development of the Iraqi economy

World Bank reports show significant progress in the development of the Iraqi economy

04/16/2014

Baghdad – and babysit – Minister of Finance Agency purity of net debt, Wednesday, that Iraq is going through a period of development by good reports have been discussed by the IMF and the World Bank in Washington.
Safi said in a press statement that “the World Bank expressed satisfaction with the progress in the Iraqi economy, which is active in recent years as a result of the expansion of investment operations for the exploitation of Read more…

Minister of Finance in Washington looking to protect Iraqi funds from creditors

Minister of Finance in Washington looking to protect Iraqi funds from creditors

04/15/2014

BAGHDAD / JD / .. Ministry of Finance announced for talks in Washington on the protection of Iraqi funds after the end of the period of immunity in 05/22/2014, while stressed the need for the adoption of the law offices prudent to do to provide payments for the benefit of Iraq before the courts of Foreign Affairs.
The ministry said in a statement received / JD / copy of it: that the Read more…

Search the protection of Iraqi funds with the U.S. Treasury and the Fund and the World Bank

Search the protection of Iraqi funds with the U.S. Treasury and the Fund and the World Bank

4/15/2014 0:00

End of immunity on 22 May next
morning – Saad Al-Sammak
search and Minister of Finance Agency, Dr. purity of net debt in separate meetings with officials at the U.S. Treasury and the International Monetary Fund in a series of spring meetings of the IMF and the World Bank in Washington, DC, to Read more…

The World Bank will open a center for the development of the private sector in Iraq

The World Bank will open a center for the development of the private sector in Iraq

04/09/2014 14:37

Baghdad – and babysit – opened the World Bank office in Iraq, “the center of the development of the private sector in Iraq,” which is believed, according to the management office that will support the private sector to go beyond its infancy difficult towards the implementation of the projects, while experts have questioned in the economy in his ability to move with the support of the private sector. said Representative Office The World Bank in Iraq and a Read more…

Kurdish lawmaker holds the government responsible for the legal errors in the budget and the delay in approval

Kurdish lawmaker holds the government responsible for the legal errors in the budget and the delay in approval

Friday, April 4 / April 2014 11:11

[Baghdad where]

He said the Kurdistan Alliance MP Hamid Buffy the delay caused by the budget “do not bear responsibility for the government’s mistakes and gross and legal points of disagreement and controversy, which included,” noting, that there is a blackout on the real reasons in this regard. ”

He said in a statement received by all of Iraq [where] a copy of it today that: “There is no doubt that the budget Read more…

Iraq is planning to three loans, one of them an international bridge the budget deficit

Iraq is planning to three loans, one of them an international bridge the budget deficit

31/03/2014

BAGHDAD / JD / .. revealed the parliamentary Economic Committee for the Iraqi government to resort to three options to fill the shortfall in the general budget of the country in 2014, while confirming that the deficit ratio exceeded 20 percent.
The committee member said Qusay al-Abadi in an interview / JD /, that the object in the budget deficit in 2014 exceeds 20%, and this figure will necessitate approval on Iraq to resort to borrowing from the World Bank, or the use of internal borrowing, or dispose of the cash reserve.
Abadi noted, that the reserve increase by the Iraqi information reached us.
A few days ago, threatened the World Bank, to develop Iraq in the black list, if the Iraqi government continued to Read more…

The World Bank supports the diagnosis of al-Hakim of the need for Iraq to administrative revolution

The World Bank supports the diagnosis of al-Hakim of the need for Iraq to administrative revolution

30.3.2014 15:41

{Baghdad} Euphrates News announced that the World Bank representative in Baghdad, Marie-Helene, an agreement with the World Bank and the visions of the diagnosis of head of the Iraqi Islamic Supreme Council Ammar al-Hakim, the need for Iraq to administrative revolution.
The Information Office of the SIIC, said in a statement that “the President Read more…