Economic: Political calm sends positive signals to investors
Economic: Political calm sends positive signals to investors
5-5-2023
Information / Baghdad..
Economic affairs specialist Hisham Al-Baydani explained, on Friday, that the political calm in the country sends positive signals to investors in order to come to Iraq and implement promising projects, pointing to the importance of eliminating bureaucracy and developing the banking system.
Al-Baydani told Al-Maalouma, that “there are a number of challenges that Iraq is going through in order to persuade foreign capital to invest in the country, foremost of which is stability. of the Foreign Investment Law No. (13) of 2006.
He added, “The aforementioned law needs to issue instructions to facilitate the implementation of this law in a way that helps the flow of foreign investments towards investment opportunities easily.”
And he indicated that “investment also requires the provision of a modern banking system that guarantees the rights of investors and the provision of financing to help speed up and complete the completion. Providing a strong insurance system that encourages investors to insure their assets, money and workers to start implementing any project that suits the size of the investments.”
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