Monday, July 22, 2024
Parliamentary Committee Calls for Substantial Amendments to Investment Law to Attract Foreign Investments, 22 JULY
The Iraqi Parliamentary Committee on Economy and Development called on the Iraqi government to make amendments to 12 paragraphs of the current investment law, with the aim of improving the investment environment and attracting foreign investments to the country.
The committee chairman, Hassan Al-Khafaji, explained that the committee discussed with the relevant parties, including university deans and the National Investment Commission, ways to improve the Iraqi investment law.
l-Khafaji stated that the committee was able to obtain the government’s approval to amend 4 out of 12 articles that were proposed, but he considered that the amendments that were approved “are still below the required level.”
Among the most important points discussed by the committee was one related to investment opportunities that investors obtain. Al-Khafaji pointed out that some unsound companies exploit these opportunities, which leads to the flight of capital and the disruption of projects.
Al-Khafaji stressed that the committee is striving to change this paragraph of the law, to ensure that serious investors have real opportunities to invest in Iraq.
In addition to the amendments to the investment law, the committee also discussed several other economic laws, including laws to combat price increases and open new cities.
These efforts by the committee come within the framework of its efforts to improve the Iraqi economy and attract foreign investments, which will create new job opportunities and improve the standard of living of citizens. link
RV UPDATE BY ARIEL, 22 JULY
ARIEL
Ariel
@Prolotario1
People are you paying attention? You were told the credits will start to roll on July 18th for good reason ofcourse. Because people on the inside have had briefings on these events prior to it becoming headlines.
Ask yourself why are all these events occurring right after D. Trump received those Security Briefings yesterday?
Grounded Flights worldwide. Bank Runs Worldwide. ATM Outgages Worldwide. This is all leading to the conclusion of this long arduous operation. You never thought you would wake up and read all of this in one broad stroke across the main feed as all of this wasn't expected until later in the year by many people.
You all entered a new timeline and now you are seeing swift results of that play out in the real-world.
All of this that is happening today was talked about for years prior to the reinstatement of the Iraqi Dinar.
Because the World Bank even said that the Iraqi currency will bring confidence back into the international markets.
Well the only way that would happen if people lost enough trust in it and started pulling out money out of sheer panic right? Now they are in final talks to rejoin the WTO and release the new exchange rate to bring their country back to 1st world status. Which is why I listed this as one of the events occurring on July 18th.
Where I told you everything will start. You do not have long to wait at all. You are where you need to be in this process.
Rafidain Bank Announces The Implementation Of The Comprehensive Banking System In 33 Of Its Branches, 22 JULY
Friday 19 July 2024 09:24 | Economic Baghdad / NINA / Rafidain Bank announced the implementation of the comprehensive banking system in Al-Nour branch in Kirkuk, indicating that the number of branches in which the comprehensive banking system was implemented reached 33 branches.
It said in a statement that "in implementation of the government program to move from paper transactions to electronic ones to provide the best services to citizens, Rafidain Bank announces the implementation of the comprehensive banking system in Al-Nour branch in Kirkuk, thus joining the branches in which the comprehensive system was activated in Baghdad and the governorates in addition to the border crossing branches (Zurbatiya - Safwan - Arar - Trebil) so that the number of branches that have implemented and completed the system becomes (33) branches in an important step to strengthen the banking system and achieve its requirements and leave paper work and move completely to electronic systems."
The bank confirmed that "the digital transformation plan and the adoption of the comprehensive banking system are proceeding according to the set timings to include all bank branches in the implementation of the system, especially since the priorities and adoptions of the government program include electronic transformation in financial transactions, reducing the circles of routine for citizens, shortening time, simplifying procedures, overcoming obstacles, and intensifying efforts to improve the level of services provided to customers and completing their transactions." https://ninanews.com/Website/News/Details?key=1142195
RV UPDATE BY TEXAS SNAKE, 22 JULY
TEXAS SNAKE
I am very much looking forward to a phone call at the end of our church Bible study class in the morning based upon all the issues I have had presented to me today, hopefully the banker will finally have a window with a specific date.
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Text just recv'd from banker indicating the anticipated message may come in a little later in the day but he would advise ASAP after he gets it.
Everyone please remember our Sunday is there Monday
For thosew members who wish to visit will open until the local news starts.
Truly appreciate all you folks for joining have no idea how so many have heard of this site but feel we are truly close to the end, stay well, confident and pray this event in, GOD Bless
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