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mike alfred

Iraq Market Economy And Increasing Role of Its Government - 0 views

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    The role of the Iraq government is increasing or decreasing in the economy of Iraq is not clear and has two different opinions. Some economists believe that the role of central bank s increasing in the economy of Iraq and some believe it is not. Being independent body, the central bank of Iraq is responsible for all the economic policies of Iraq.
mike alfred

Dependence on Oil Can Harm the Economy of Iraq - 0 views

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    The economists believe that dependence of oil will seriously harm the economy of Iraq. The economy of Iraq will be in disaster if global market faced any crisis. Iraq must understand that just oil industry cannot satisfy the whole demands of the country. The oil industry alone cannot produce the jobs for everyone.
mike alfred

We Need to Be on Better Terms With International Economy - 0 views

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    Iraq is emphasizing on creating better terms with the international economy. This would help the country to make better use of the available opportunities and manage things out in a better way. According to Araji, it was said that as all the laws of the different countries show, it can be seen that the proposals to modify the economy would prove to be helpful for a better economic system.
mike alfred

Iraq Oil Shock is The Big Threat For Iraq Economy - 0 views

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    The impact of this crisis has seen in the US oil markets where oil has jumped to 4.2% in the last 2 weeks. It is one of the big threats to the economy of the world along with the economy of Iraq.
mike alfred

The Central Bank of Iraq Imposed Trusteeship on Economy Bank of Iraq - 0 views

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    Central bank of Iraq is trying to build its trust among foreign companies, foreign investors and local traders for the successful financial operations. Now central bank of Iraq is responsible for the failure of economy bank in the financial operations. Central bank of Iraq formed a committee of three members to complete the process of Trusteeship and report it in the next few days.
mike alfred

Impact of Poor Law And Order Situation at The Economy of Iraq - 0 views

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    The crude oil is the backbone of the economy of Iraq. More than 90% of Iraq economy is depended on the production and export of crude oil in the international market. Unfortunately, Iraq could not balance between oil and non oil sector of Iraq. Now the attacks on major cities of Iraq destroyed the oil industry of Iraq badly and the oil production and export of Iraq is almost half in the international market.
mike alfred

Economy of Iraq After General Elections 2014 - 0 views

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    People of Iraq are waiting for election results 2014. The international companies operating in Iraq are also waiting for election results because they are expecting the budget approval after the final results. The economists are expecting some positive changes in the economy of Iraq after declaration of budget. Approval of budget means resolving the issues between Baghdad and Erbil.
mike alfred

Iraqi Govt Needs Serious Efforts For a Balanced Economy - 0 views

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    It can be seen that more than 28 international business councils are ready to provide support to Iraq for a better and balanced system of economy. This act is being done due to the present conditions of Amrabha. Jaafar al Hamdani said that several Arab associations and international boards of joint business for a better system of doing joint business in Iraq and other Arab countries.
mike alfred

A Prompt Impact on Economy after Appointment of Abadi as PM - 0 views

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    Iraqi Dinar 123 News:- The expectations of the world with new government of Iraq are high. Not only Iraqi but foreign stakeholders are also expecting some productive reforms from new government of Iraq. We have seen some prompt changes in the economy of Iraq after the appointment of Haider Abadi as prime minister of Iraq.
mike alfred

State Department Must Adopt Local Currency Than USD - 0 views

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    Iraqi Dinar 123 News:- Member Bloc Independent MP Mohammed al-Shammari states that global economy creating crucial situation for every country but we are making some national schemes for the betterment of Iraqi economy. Increase in oil exports by some countries which trying to reduce oil prices in international market also impact these countries' economies.
mike alfred

Fluctuating Dollar Price and Its Impact on Iraq's Economy - 0 views

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    The basket of the crisis that Iraq has been facing since long is affecting the global financial crisis. The dollar has a huge place in the economy of Iraq and it is important that Iraq manages things in a better way for a better system of management. The global crisis that occurred during the year 2009 were a huge set back for the USA. It was important for the different economies to over come the issues they faced.
mike alfred

Economy Getting Under Control? - 0 views

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    Iraq is working hard to bring its economy under control. It has a few financial resources; how ever the ones include oil as their main item. The financial sector is actually owned by the banks and it is very important to keep in mind the importance of increasing the financial resources of the banks for the betterment of the country.
mike alfred

Privatization Can Prove Very Effective to Boost The Economy - 0 views

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    It was told by the expert Dr. Ikram Abdul Aziz that it was important for all to see that the best decision would be made for the betterment of the country's economy. It is said that the private sector would bring a good change to the economic conditions if things are done properly.
mike alfred

Finance Bank to Carry Banking Activities Under CBI Terms - 0 views

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    Iraqi Dinar 123 News:- Central Bank of Iraq takes Bank of Economy of Iraq under its guardianship after receiving several complaints about the performance of bank of economy. Bank of economy committed breach of contract with several foreign and local companies that negatively impacted the overall goodwill of Iraq and its banking system.
mike alfred

Economy is Not Going Down Despite Militants Attack - 0 views

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    The economy of Iraq is not going down as some of the people were expecting when Islamic Militants attacked through the Northern areas of Iraq. Most of the people considered Maliki's administration for this security crisis in Iraq.
mike alfred

Reorganizing Banking Structure to Help Iraq's Economy - 0 views

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    Iraqi Dinar 123 News:- Government economists said, reorganizing the banking structure in Iraq will helpful for global and local development. Reorganization in banking sector encourages foreign and local investor and also getting positive approach for Iraqi people. Financial institution reforms gets better improvement in Iraqi economy and also take a part for global economic development.
mike alfred

Iraqi Economy is Interesting for Every Investor - 0 views

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    These days every investor is looking at the condition of Iraqi economy. This is because the investors have put money into their currency business. They want the profit that Iraqi Dinar experts have promised to them.
mike alfred

Iraqi economy getting stronger with its oil exports - 0 views

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    This is the positive side of Iraq's economy. On the other hand, Iraq is still going through a tough time. It is still in the condition of war. Although, there is no direct war going on in the Iraq, but terrorism act is taking huge revenue from Iraq. Iraq's current government is made by Shia party. Sunni party has conflict about it.
mike alfred

Iraq's Private Sector is Anxious About Economic Development - 0 views

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    World Bank and IMF ensured the economic growth and development in the Iraq economy. The economic policies of the government and the monetary policies of central bank of Iraq, worked well for Iraq economy. The growth rate of Iraq economy is higher than all other Middle East countries, according to World Bank economic report for year 2013-14.
mike alfred

Kurdistan Printing New Currency to Secede from Iraq - 0 views

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    It will be a clear sign of secede from Iraq that will also destroy the political environment of the country and will impact the economy of Iraq adversely. The decision is pending approval in the parliament of Kurdistan and the voting is required for this change to be happened. The economy of Iraq, especially the economy of Kurdistan will have to bear a huge loss, if the things remained in the practice for a longer period of time.
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