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[size=36]Parliamentary Economy: Arab and foreign desire to invest in Iraq[/size]
Economie| 08:38 - 09/21/2021
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Baghdad - Mawazine News
The Parliamentary Investment and Economy Committee identified, on Tuesday, two main reasons that stand in the way of achieving Arab and foreign investments in Iraq, while indicating that there is an international desire to invest in Iraq.
Committee member Mayada Al-Najjar said, "Reliance on oil alone leads to an economic disaster, prompting the government to borrow in order to finance the salaries of employees," noting that "the government should diversify the sources of the national economy, relying on the imports of border crossings, activating the sectors of industry, agriculture and trade and finding Strong infrastructure for the Iraqi economy contributes to the diversification of imports.
Al-Najjar indicated, "there are many reasons that prevent major Arab and foreign investments in Iraq, including routine," stressing the importance of "opening Iraq's doors to Arab and foreign investors, regardless of their nationalities, because this is in the interest of Iraq."
She added, "If Iraq is open to all countries and international companies, it can attract the largest possible number of foreign investors, and bring capital to Iraq for investment," noting that "many Arab and foreign investors want to invest in Iraq." End 29 /NS
The Parliamentary Investment and Economy Committee identified, on Tuesday, two main reasons that stand in the way of achieving Arab and foreign investments in Iraq, while indicating that there is an international desire to invest in Iraq.
Committee member Mayada Al-Najjar said, "Reliance on oil alone leads to an economic disaster, prompting the government to borrow in order to finance the salaries of employees," noting that "the government should diversify the sources of the national economy, relying on the imports of border crossings, activating the sectors of industry, agriculture and trade and finding Strong infrastructure for the Iraqi economy contributes to the diversification of imports.
Al-Najjar indicated, "there are many reasons that prevent major Arab and foreign investments in Iraq, including routine," stressing the importance of "opening Iraq's doors to Arab and foreign investors, regardless of their nationalities, because this is in the interest of Iraq."
She added, "If Iraq is open to all countries and international companies, it can attract the largest possible number of foreign investors, and bring capital to Iraq for investment," noting that "many Arab and foreign investors want to invest in Iraq." End 29 /NS
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