Parliament: the reform depends on the shift towards a free economy

by lonelyintexas Thu 25 Jul 2013, 8:51 am

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Parliament: the reform depends on the shift towards a free economy

by lonelyintexas Thu 25 Jul 2013, 8:51 am

Parliament: the reform depends on the shift towards a free economy

25/07/2013 12:00 AM

Baghdad - the Fatlawi

A member of the Committee on the economy and investment parliamentary Salman al-Musawi: that economic development in Iraq can not be reached only through the transformation of the economy's dictatorship to a free economy, pointing out that this issue is complex and not simple and requires concerted efforts despite the fact that the Constitution guarantees this transformation.

He said in his speech for the "morning" in order to promote the economic reality should provide conditions are interdependent on her head, determine the strategic general economic transformation and policies used it as a policy investment, human development, production goods and services, financial aspects, monetary, customs, competition and prevent monopoly, management integrity, responsibility community and others.

Infrastructure

He Moussawi said there also infrastructure for economic activity as one of the most important requirements of economic development in the country, pointing out that they need to have a capital market efficient and effective with joint-stock companies an effective and successful and the system of banking and insurance market with excellent contexts work of art as well as the need for a system effective, efficient and management based on modern techniques in management and information systems, pointing out it is difficult to achieve significant economic progress unless it is to change the administrative system prevalent in government departments and institutions.

Legal system

He stressed the importance of finding a legal system that includes all legislation and regulations current legislation combines economic scattered in one group after trimmed and make adjustments required as well as finding a sophisticated security system can provide security and protection for economic projects for people and property.

Welfare

He said al-Moussawi said improved economic activity leads therefore to improve the level of welfare of the Iraqi individual, and it requires a concept of good governance and access to economic progress, pointing out that the economic and investment commission is seeking to develop the Iraqi economy by contributing to the preparation of action plans and the provision of supplies as well as a plan to develop the market Money Iraq and make it able to accommodate future changes in the Iraqi economy as well as the completion of the plan concerning the development of the administrative system year in government management. and concludes Moussawi Speaking of the economic problem in Iraq, despite the efforts of various stakeholders to develop the economic reality but the results are limited regrettably.

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