Experts live the Iraqi economy 14 years after the fall of Saddam

Asher experts in various economic activities, their views on the reality of economic work after 14 years of political change in Iraq.

The Vice President of the Baghdad Economic Forum on behalf of Jamil that the follower of the reality of economic life over the past 14 years to find that the level of living is moving towards a positive and a large segment of citizens, especially that there are 4 million government employees receive monthly salaries have improved the reality of economic family.

He added that the recovery in the economy is not without its observations as it requires plans targeting the unemployed and the families that live below the poverty line, which attributed these segments increased by the war with "Daesh" terrorist.

He noted that the period that followed the 2003 witnessed expand Iraq's financial revenues as a result of crude oil sale, but the security conditions the country prevented the completion of many of the plans, adding that the country needs infrastructure projects and the development of industrial and agricultural reality and make more contribution to the gross domestic product (GDP).

And the Executive Director of the Association of Iraqi private banks Tariq Ali said Iraq has witnessed during the period that followed the 2003 expansion in the banking sector and increased the number of private banks in Iraq and the multiplicity of products that offer a slice of beneficiaries.

He said Iraq to build bridges of cooperation with the global financial sector and there has become relations and cooperation with the world's largest banks, which have a direct impact on the reality of this sector, which is the cornerstone of the development process sought by Iraq for the next phase.

The movement of the morning newspaper, the semi-official concerned industrial affairs in Abdul Hassan Shammari said that the industrial sector in Iraq often dropped because of the war with "Daesh" terrorist where there are large numbers of factories in the areas controlled by and suffered mass destruction.

The specialist affairs in tourism Hassan Ali Abdul Karim has pointed out that during the period in question had an opening to some countries in the world where he became an Iraqi citizen, was able to travel for many purposes, and that the signs of real openness Nahrha when we find tourists, foreigners mean the Iraqi Marshlands areas and in this aspect can to create real financial resources covering a large proportion of the need for the Iraqi market.

It says economic researcher Lubna Al Shammari said the years since 2003 have seen economic transitions worthy of reflection, especially that Iraq has achieved what it was unable to achieve in the previous three decades.

For his part, said economist academic d. Majid Baidhani The dinar's exchange rate against the dollar rose after 2003, explaining that he was a very modest levels before the change.

The absorption of inflation, according to economic researcher Firas Amer, Iraq frequently dropped from two places to rank one decimal place, and this in itself is calculated for the completion of the financial and monetary country reflects the extent of the two policies and their success in absorbing inflation and control.


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