Experts: Investment financial reserve stimulating the economy
Experts: Investment financial reserve stimulating the economy
4/19/2014 0:00
BAGHDAD – the joy of pumice
in order to stimulate growth in the country and private sector participation in the development process taking place in the country, experts called to support the project «revitalize the Iraqi economy» and activate the strategies adopted by the government in line with the current circumstances, especially that Iraq has financial reserves huge can be invested in achieve this.
project manager Dr Abdul Muti pumice confirmed »Sabah» that the project submitted to the state was based on the Constitution and the five-year plan of national (2013 – 2017), as well as special studies and research centers and Iraq’s economic and foreign.
pointed pumice that the project «activate the Iraqi economy »adopted by the Iraqi Businessmen Union is an extension of the project of economic reform, which was carried out by the Union in the year 2012 – 2013 and came out with recommendations submitted to the responsible parties in the government and parliament, and we have seen some positive effects, particularly the activation of the laws on tariff and protection of Iraqi products and consumer protection. Meanwhile, said economic expert on behalf of Jamil Anton, Vice President of the Federation and the presence of human potential high (30 University) and completed (14) strategic and economic roadmap approved by the Council of Ministers, but the dominant presence of the absence of balance and lack of integration between the public and private sectors.
saw Anton said «provincial councils turned to the boards of a political, and not the boards production and services, especially as the annual budgets are not the paragraphs referring to the private sector, in what was supposed to be involved in developmental processes ». warned that« the industry semi-dependent, it is the total (35) thousand industrial project works what does not more than 10 percent and production capacity is low, while the expenses amounted to import more than 74 billion dollars for the introduction of goods randomly not based on the needs of the market », he says. either economic expert Majid picture revealed the existence of a financial reserve can significantly involvement in the process of revitalizing the Iraqi economy, indicating that «there (38) trillion dinars at the central bank, and (6) the trillions in the bank, in addition to (3) trillion budget surplus, in addition to other amounts to the pension funds, insurance, endowments, while there (6000) project unfinished».
The new mock his call to establish a Supreme Economic Council to draw strategies sectors, made up of members of the 50 percent of them from government experts and the other half from the private sector, stressing the importance of the legislative environment to enhance the Iraqi economy by issuing new legislation could be proposed by the Supreme Economic Council, including the fee system of the economy.
alsabaah.iq
