08/18/2012
Baghdad (news) ..
According to a member of the Committee on the economy and investment MP
/ Iraqi bloc white / Aziz Mayahi, that his committee in connection with
the enactment of the special investment bank to set up by the federal
government with a capital (3) million dollars financing his investment
companies and citizens in the form of interest-free loans.
He Mayahi (of the Agency news): There is an idea on the table for the purpose of study and discussion with the Economic Commission representative states create a bank shareholder specialist for investment by government capital exceeds (3) million job done granting citizens loans without interest to establish whether small businesses or build housing for them .
He added: It also funded investment companies with loans without interest to advance investment in the country, stressing that his committee are going to provide the proposed law to the Presidency of the Council of Representatives for discussion and voting on it within the next projects.
He pointed out: that the work of the national investment bodies provinces is encouraging investment and do not have programs to attract businesses and provide facilities for them and no achievements remember of them on the ground, but little compared to the funds allocated to them, saying all acted to Ivadat and travel outside Iraq.
He stressed: the need to develop an important study for the development of the reality of investment in Iraq by the government and the House of Representatives through the restructuring of the National Investment Commission and bodies other provinces which works projects and important laws and support for the establishment of investment banks to boost investment in the country.
This and in spite of the Investment Law No. 13 of 2006 had excluded the investment in the banking sector of its provisions except that the investment in the banking sector takes its legal framework on the basis of legal central bank No. 56 of 2004, banks No. 94 of 2004, and the minimum to establish a bank in Iraq 100 billion Iraqi dinars (ie, up to 85 million dollars (. / end / 8. N.. y
He Mayahi (of the Agency news): There is an idea on the table for the purpose of study and discussion with the Economic Commission representative states create a bank shareholder specialist for investment by government capital exceeds (3) million job done granting citizens loans without interest to establish whether small businesses or build housing for them .
He added: It also funded investment companies with loans without interest to advance investment in the country, stressing that his committee are going to provide the proposed law to the Presidency of the Council of Representatives for discussion and voting on it within the next projects.
He pointed out: that the work of the national investment bodies provinces is encouraging investment and do not have programs to attract businesses and provide facilities for them and no achievements remember of them on the ground, but little compared to the funds allocated to them, saying all acted to Ivadat and travel outside Iraq.
He stressed: the need to develop an important study for the development of the reality of investment in Iraq by the government and the House of Representatives through the restructuring of the National Investment Commission and bodies other provinces which works projects and important laws and support for the establishment of investment banks to boost investment in the country.
This and in spite of the Investment Law No. 13 of 2006 had excluded the investment in the banking sector of its provisions except that the investment in the banking sector takes its legal framework on the basis of legal central bank No. 56 of 2004, banks No. 94 of 2004, and the minimum to establish a bank in Iraq 100 billion Iraqi dinars (ie, up to 85 million dollars (. / end / 8. N.. y