[rtl]Sunday 01 December 2019 209[/rtl]
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One of the reform steps the government is embarking on in response to popular demands is to correct the country's fiscal policy.
Financial expert Thamer Al-Azzawi believes that "the financial policy followed by the competent authorities such as the Ministry of Finance and the Central Bank, has succeeded during the past period compared to the conditions experienced by the country, especially with regard to the preservation of the value of the Iraqi dinar, and the financial stock, which has increased, despite recent events."
However, he stressed to Al-Sabah, the need to "correct or update this policy in line with the requirements, in terms of diversifying and maximizing revenues, operating the accumulated funds in banks, and the introduction of the private sector as a key partner for the advancement of the economy."
The reality of the economy
The expert warned that "the need to adopt reform decisions that change the reality of the economy and move it to a better stage, and that there are real reforms that contain the total problems experienced by the national economy since
Al-Azzawi called on state institutions to "find ways to support these programs and the establishment of seminars and workshops involving experts and academics to reach common points to start in the real implementation."
The Finance Committee hosted the Governor of the Central Bank and the Director General of the Tax Authority to discuss the issue of maximizing non-oil revenues and assessing the monetary and economic policy of the country.
The Chairman of the Finance Committee, Haitham al-Jubouri, according to a press statement, "Supporting the Iraqi economic reality and moving it through the correction of financial policy and rectification, and not rely on oil alone as a resource and maximize revenue through the Government's urgent action controls the waste of billions of dollars a year in border ports through the process of automation Customs and tax procedures.
The Finance Committee indicated that it will continue its supervisory role by holding more meetings and hosts, to find imbalances in the economic reality of the country, and to hold accountable the negligent and the performance of their work and corrupt wherever their positions and positions, as well as to continue its legislative role, which contributed to the adoption of the most important laws during the current crisis And the adoption of new laws to help solve the country's financial problems.
To that member of the Baghdad Economic Forum Jassem Al-Aradi, "the need to work to have real reforms that move the change of the reality of the national economy and move it to a better stage, and this is not complicated, but we can see the fruits of reforms within a short period, because of the elements of success that are unique to Iraq However, we need good governance to achieve a smooth implementation of the work in its form
He pointed out that "the promotion of production quickly, is possible, although relatively first of all in the industrial sector, and various industries required by the process of economic development, especially as some industries have already begun and need protection to develop and expand in a way that meets the ambition, and that The agricultural sector is ready to promote production and fully cover domestic demand for some crops during its seasons. Here, reforms can include a plan to protect the product and deliver it in a way that encourages the development of the sector.
The agricultural system. "
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