"Very Telling" - Thurs. AM KTFA Thoughts/News

KTFA

Walkingstick
 » January 26th, 2017


Baghdad and Washington sign a contract to set up two power plants at a cost of more than a billion dollars LINK

Iraq signs a contract to set up stations to generate electricity at a cost of more than a billion dollars


Iraq has signed a contract to set up stations to generate electricity in the provinces of Dhi Qar, Muthanna , at acost of more than a billion dollars.

A statement by the prime minister 's office received by all of Iraq [where] a copy of the "blessing of Prime Minister Haider al - Abadi took place on Thursday the signing of the contract to build stations generating electricity in the provinces of Dhi Qar, Muthanna, with a total capacity 1500 MW at a rate of 750 MW each station and a total cost of ceremony the amount of one billion and 49.4 million dollars.

"it will be through a contract to provide jobs for Iraqis and the company pledged to maintenance of existing plants , which helps to provide two thousand megawatts.

The statement pointed out that " the contract was signed by the government and the Minister of Electricity Qassim Mohammed Fahdawi and General Electric Company CEO Steve Jolles of the energy sector in the company.

http://www.alliraqnews.com/modules/news/article.php?storyid=57322

Tina
 » January 26th, 2017

IMO this is the exact article that Frank mentioned on CC to look for with private sector investment. The end of the article is very telling that there are no concerns. Thank you Jesus for the transfer of wealth from the wicked to the righteous to do kingdom work!

Walkingstick » January 26th, 2017

Iraq sends reassuring messages to the world to invest in it "expanded

To prove the role of the private sector should be more realistic in the economic process of Iraq has become the current stage requires for institutions and private sector companies on the credit rating proves its worth, along with all ministries and government departments including gives a clear picture of the investment environment, especially in the reconstruction of liberated areas.

Confirmed economic researcher Lubna al-Shammari importance of a credit rating of Iraq in conformity with its potential in its wealth management and be the degree of classification is very close to the reality of the country, including the public gives a true and correct Msttmarenalajanb outlook.

Iraq had obtained a rating at B-, a first grade credit rating issued by international rating of Iraq's institutions, known as credit rating GCR, which is an acronym for (global credit rating) as a measure to assess the possibility of the borrower to meet its obligations in the face of the lenders in other words risk non-payment of the lender (Sindh) source to fulfill its obligations (loan to value and benefits) of the borrower (bond holder).

And is rated the world's credit rating ladder consists of four grades are A, B, C and D as well as variables that represent signal + or - different Petkrarat. The credit rating agencies of the three, the Standard & Poor's, and Moody's, Fitch in general risks related to religion versions for both corporations or governments evaluate.

She Shammari in an interview, it is necessary to ask all ministries and government departments with companies and private sector institutions to obtain the credit rating of the fact that it would give the public sector in the country's real class in the hierarchy of classification after a study of the general situation of the ministries and departments as well as the private sector. He pointed out that Iraq is on the liberation of the cities of Mosul and Anbar, from the clutches of "Daesh" terrorist, what gives priority to be the degree of classification optimistic in the final outcome and send reassurance to the world signals that Iraq is secure and stable and become suitable for the establishment of Almcharielmtnoah investment environment. According Mazkrth agency / Economy News /

She pointed out that the need to increase the degree of Iraq's credit rating by rating institutions

And private sector companies, especially with a positive outlook stable in recent appreciation of the rating, indicating that Iraq has the economic resources, which qualifies him to raise the rating to advanced degrees and better than the present.

The rating agency Standard & Poor's, the largest credit rating agencies in the world, has recently proven its credit rating for Iraq at B- / B in spite of the fluctuation of oil prices and a height of caution and gave him a stable outlook, adding in a statement that the decline in the price of oil has kept the financial pressure and external.

In turn, spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said that the Ministry of Finance approached the concerned international institutions credit rating and not the Ministry of Planning.

And between-Hindawi said in a press statement, that the issue of Iraq's credit rating for the subject of fiscal and monetary policy, a specialty of the Ministry of Finance.

However, the (S & P) pointed out that Iraq possesses huge reserves and has substantial oil exports, thereby reducing the concerns in this area.

So attached to the agency classified the prospects of a stable, usually at the same time as the country's growth will remain steady in the medium term due to the significant increase in oil production will ease from Almizanah.anthy 29 / D 24 pressure

http://www.mawazin.net/%D8%A7%.....%D8%A9