Abadi: we seek to remove all the obstacles that have hindered investment
Abadi: we seek to remove all the obstacles that have hindered investment
01/11/2015 08:54 GMT
Follow-up – said the prime minister Haider al-Abadi, Sunday, that the rise in oil prices has not previously invested in the development of other aspects of the economy.
Abadi In a speech during the opening of the Baghdad International Fair events the 42 edition said, “The Government has committed to the Platform government is clear: to encourage the private sector and partnership between the private and public sectors, and this is one of the foundations of our government program.”
He said al-Abadi, that “the government is trying to remove all obstacles and bureaucracy and red tape that hindered investment and hampered economic activity in the country.”
Abadi stressed “the need that there should be harmony and integration between the capital and experience in Iraq and abroad, especially in the region,” adding that “this integration to pay more productivity and progress.”
He said al-Abadi, that “Iraqi policy adopted for over 40 years on a single factor, and almost 90% of our economy is based on oil, and as soon as the price of oil hit and faced a real financial problem.”
He pointed out, that “the rise in oil prices has not previously invested in investment in other aspects of the economy, but has been expanded government spending,” noting that “the expansion of government spending got us in trouble,” PSC / h
alrayy.com
