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Development basics
Economical 2023/06/24
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Walid Khaled Al-Zaidi
Controversy is increasing regarding the issue of industry and the level of its role in comprehensive development in all countries. Some of them put it at the top of the priorities of progress, and some of them consider it an inevitable result of other priorities such as the wealth of countries and the elements of trade, agriculture, transport, etc. At a time when world experiences have proven that industry has a great competitive ability that surpasses all fields Economic development A society cannot flourish and not grow as the societies of the industrialized countries have grown today.
Industry has great roles in achieving the recovery of the national economy, because all elements of development originally depend on its outputs as foundations for other sectors. There is no agriculture without supporting it with industrial products, not even trade or means of transportation that did not depend mainly on this vital sector. Therefore, countries with development orientations attach exceptional importance to it. It lays down studies and programs and establishes the pillars of success and ways for the farmer to be a basis for development and a broad ground for improving the national economy and pushing it in the right direction.
This characteristic must not be absent from the thoughts and aspirations of those in charge of it in our country, whatever the reasons and the multiplicity of obstacles to its progress on the ground, especially since the three-year budget amounted to huge funds that would transform theories into actions and ideas into actions that pave the way towards comprehensive development, integrated prosperous and stable programs, and transition From a one-sided economy to a multi-faceted economy whose main indicators are an increase in industrial production and commodity plurality to supply the local markets with the necessities that the citizen needs in all fields of his life and reflect positively on the rest of the other economic sectors as well as providing important means that fall within the tributaries of health, environment, education, construction and housing services , electricity, tourism and other aspects.
Iraq now possesses developmental elements capable of establishing a promising industry, which would be a logical culmination of the translation of the government program that it prepared to establish a comprehensive economic sector and the fruit of an intellectual development renaissance away from routine frameworks as one of the obstacles to development and a general view agreed upon by political leaders and economists, especially logical legislation that is considered a driving factor for investment in the field The industrial sector is not a negative force that pulls it back and keeps Iraq a consuming country that depends entirely on imports of foreign origin that cost us huge amounts of money that burden the federal budget with large financial burdens that could be saved if produced locally.
Adviser to the Prime Minister for Financial and Economic Affairs, Mazhar Muhammad Salih linked the ambiguity of trading the ratio of investment allocations in the budget to total spending or its ceiling and the amount of investment spending, and changing the investment philosophy and its allocations frequently based on the government curriculum.
Investing in the industrial sector requires benefiting from global experiences to enhance ways to achieve this goal and overcome previous obstacles that impede the reform of the ambitious national economic system.
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