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Thread: Markets are expected to move through 2018

  1. #1
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    Default Markets are expected to move through 2018


    Markets are expected to move through 2018

    12/6/2017


    After Jumaili confirmed the recovery of the Iraqi economy
    Baghdad / Sabah / Farah Al-Khafaf

    After the Minister of Planning Dr. Salman Al-Jumaili assured the Iraqi people that the economic situation of the country will be much better during the next phase for several reasons, a financial expert predicted that the year 2018 will move in markets not seen in the country for years.


    "After the war on terrorism, the trend will be towards construction and reconstruction that will create jobs and occupy factories, factories and other sectors," said Thamer al-Azzawi.

    The financial situation pointed out that "the stability of oil markets above the $ 50 per barrel (OPEC) will contribute to the improvement of the financial situation of Iraq, which means abundant funds, especially that the budget depends on a lower price."

    Al-Azzawi said that the statements of the Minister of Planning Dr. Salman Al-Jumaili on the future of the Iraqi economy realistic and consistent with the plans announced by Prime Minister Dr. Haider Abadi. Investment Horizons

    Al-Jumaili said in a statement to his media office: "All the revenues that will enter the budget will be allocated to reconstruction and development after the completion of the complete liberation of Iraqi soil from the profiteering of terrorism, as well as investment prospects expected to enter Iraq, there is a desire and a large turnout of Arab and foreign companies and investors,

    That relations with all neighboring countries are witnessing a very advanced stage not seen before, "revealing the achievements of the Ministry of Planning for a number of strategies and long-term development plans.

    Development Fund added that "the Ministry of Planning Completes Five - Year Development Plan 2018 - 2022 and the strategy to mitigate the 2018 - 2022 poverty strategy to address random complexes in Iraq, and plan the development of the Social Development Fund,

    as well as the
    strategic development of the private sector 2015 - 2030, as well as document the national framework for the reconstruction of areas Edited for the years 2018-2027 ".

    Jumaili pointed out that "all these plans and strategies prepared in cooperation and coordination with the concerned bodies and partners from international organizations, and therefore they came from the womb of reality taking into account the circumstances and challenges experienced by Iraq,

    including economic conditions," pointing out that "Iraq is not poor, Economic potential to qualify it to be a coherent economy through good governance and reviewed Jumaili part of the population indicators.

    Young population continued that "Iraq 's population stood at the end of 2016 about 37 million and 800 thousand people", describing the Iraqi society , " the young society, as the proportion of the population under fifteen years , amounting to 41 percent of the total population and the proportion of urban 68 population percent population Countryside 32 percent. "

    Minister of Planning warned that "the Iraqi private sector has the potential and qualifications that qualify him to be an active partner of the public sector through the implementation of investment projects," pointing to "the existence of many investment projects listed in the investment platform,

    and was under implementation at the beginning of the financial crisis for 2014 The government has taken a series of measures to address this problem by setting priorities and presenting them as investment opportunities without forgetting to mention the challenges that faced development in Iraq during the past years, which negatively affected the development plans, especially the development plan 2013-2017.

    Political instability, security and corruption as well as environmental challenges. "

    He also pointed out that "the new development plan 2018-2022 must be a binding plan for implementation to ensure its implementation by all relevant parties."

    http://www.alsabaah.iq/ArticleShow.aspx?ID=148746

  2. #2
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    Default Re: Markets are expected to move through 2018


    a financial expert predicted that the year 2018 will move in markets not seen in the country for years.
    Let's hope it's early 2018. it's been a long time coming but things are more closely aligned.

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