Economist: Investment is the biggest file of corruption in Iraq, and this body should be stopped
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Economist: Investment is the biggest file of corruption in Iraq, and this body should be stopped

Time: 03/25/2021 22:52:16
{Economy: Al Furat News} The economic expert, Nizar Al-Waili, considered the investment "the largest file of corruption in Iraq," while stressing the need to stop the National Investment Authority to address the imbalance.
Al-Waeli said to the program {Question_ Important} on the Al-Furat satellite channel this evening, "The Investment Law No. 13 of 2006, amended twice, began to be truly activated until 2011, in which approximately 2,400 licenses were granted, and there was no official oversight of investment agencies from 2011 to 2016."
He added, "The data proved that it did not attract workforce for such a number of investment licenses, including the strategy, and the issuance of Resolution 345 of 2019 to form a committee to consider amending investment licenses."
Al-Waeli confirmed, "He uncovered many places of corruption in the investment file and was shocking, including the referral of 15 projects to extension or assignment without significant completion rates, and there are projects licenses that were granted for other periods and are stalled by achievement rates."
And that "the process of flooding the market with materials resulting from the periods that were granted to investors' licenses and to enter them as Turkey without supervision, as well as the permits granted with different rates of achievement that were discovered to be free of workers registered in the Ministry of Labor."
Al-Waeli referred to "seizing lands to non-invested parties, and now needs to stop the national life in order to remedy the defect." ".
He added, "We did not find strategic investment projects within the 2,400 licenses that were granted, and all the granted residential permits were only 10% implemented, and one of the defects of the provincial authorities is to give them authority without returning to the mother."
Al-Waeli concluded, "The committee is currently the one who sets controls, addresses failures and limits defects. It has diagnosed all delusional and delusional projects and the need to withdraw all the licenses granted to them."
LINK
RamblerNash- GURU HUNTER
- Posts : 24028
Join date : 2015-02-19

» Economist: Corruption and red tape are a major reason hindering investment in Iraq
» UN economist: the scourge of corruption and the underdeveloped banking system hinders investment in Iraq
» "Fake banks participate in it" ... Economist: The currency auction must be stopped due to its corruption
» "Fake banks participate in it" ... Economist: The currency auction must be stopped due to its corruption
» Economist: Iraq should prepare its investment environment and take advantage of the advent of the European Investment Bank
» UN economist: the scourge of corruption and the underdeveloped banking system hinders investment in Iraq
» "Fake banks participate in it" ... Economist: The currency auction must be stopped due to its corruption
» "Fake banks participate in it" ... Economist: The currency auction must be stopped due to its corruption
» Economist: Iraq should prepare its investment environment and take advantage of the advent of the European Investment Bank
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Al-Kadhimi: Iraq is a leading country in the Middle East in terms of economic development
» CBI sells +210$ million in forex on Thursday
» Economist to / Nina /: Failure to approve the budget for the current year will cause the non-implementation of any investment projects
» morning news
» The World Bank announces its readiness to support Iraq by expanding the use of clean energy
» Increasing the capital of the Central Bank to 5 trillion dinars
» Iraq's U.S. Treasury Bond holdings jump to 26+ billion dollars
» Can We Do Without The Commentary!
» Cabinet Approves Loan Agreement for Water Supply and Sanitation Project in Baghdad
» Wiley Morgan of Gen64 on Skype Chat Friday Night ~ Updated 6/10
» Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency
» Al-Rasheed Bank announces the removal of its name from the list of international sanctions of the Charter of the United Nations
» The United States allocated 140$ million to support Iraq
» USD/IQD exchange rates climb in Baghdad
» NOPEC Law
» Turkish lira weakens to 15.16 against dollar
» Here's my guess
» Tony and Twitter
» Hamza Al-Jawahiri to / NINA /: The survival of quotas and consensus will not achieve any sustainable development for the national economy / expanded
» The appearance of Muhammad Salih to / Nina /: This is how the surplus oil revenues are disposed of
» USD closes slightly higher in Baghdad on Sunday
» The Central Bank of Iraq 75 years in the face of economic challenges
» (Budget Reserve) may see the light next Wednesday
» Al-Kazemi's advisor puts forward a proposal to double growth rates
» VOTE -- Who Is The Worst Dinarland INTEL Provider Today?
» “Dedicated to Service” on Instagram
» Rehabilitation of the Church of the Virgin Mary in the province of Basra within the Tamkeen project for community initiatives
» 95% of Iraqi revenues still come from oil
» CBI foreign currency sales hike in April
» Where does the excess oil price differentials go?
» Introducing myself...
» Amer Al-Jawahiri to / Nina /: Improving economic activities in the local market is more stable than deleting confusing zeros
» Iraq's oil generates more than 10 billion dollars in one month
» USD/IQD exchange rates inched up in Baghdad
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Exchange rate game in Iraq: how speculators grossed millions of dollars in 48 hours scheme
» Holly: "Remember we are not in the know of all that goes on behind the scenes" (More Guessing Games...Just What Everybody Needs! LOL) 7/13/21
» RV INTEL BY TEXAS SNAKE, BOB LOCK AND ED OCALA (Three Blind Mice? LOL) 12/8/21
» Technical Adviser to the Prime Minister: The positive effects of changing the exchange rate will be felt more after 3 years