World Bank: Iraq from the world's worst in the business
/ Adel Abdul-Zahra Shabib activities
| Print | E-mail
Published on Tuesday, April 4 / April 2017 19:12
In the World Bank report entitled ((Doing Business 2016)), Iraq has been included in the bottom of the bank being one of the world's worst in business activities, the report was based on the assessment that Iraq still faces difficulties and challenges constitute an obstacle to the fulfillment of his under governments helpless.
These are challenges by: -
1.tdhor security and political situation.
2. the spread of financial and administrative corruption and the inability to confront it.
3. The deterioration of the overall economic activity.
4. The war on terrorism and the collapse of oil prices.
5. High unemployment and poverty rates have attained serious.
The report also depends on the assessment of the measurement systems that affect (11) area of business life, which include: -
* Starting a business.
* Dealing with Construction Permits.
* Get electricity.
* Property registration.
* Get credit.
* Investors Protection.
* The payment of taxes.
* Cross-border trade.
* Contract enforcement.
* Settlement of insolvency cases.
* Organization of the labor market.
Iraq has obtained ranked 161 in this category at the bottom of the list of countries worst in the world in business activities, and an indication of the low level reached by the Iraqi economy, which is the order of repelling the domestic and foreign investment and does not encourage investors to enter the Iraqi market. The order of Iraq in 2015, is ranked 160 in the list of countries included in the report and in 2016 was ranked 161 and this means that Iraq has dropped periodically. The reason in this decline and the decline of the Iraqi economy is due to the role of successive governments since 2003, and to this day in its inability to take over the reins and lead Iraq to become at the bottom of the list of countries experiencing growth and development at all levels, which led him to occupy Iraq ranked first among the most corrupt countries in the world by transparency international, and led also to become one of the world's worst in the level of education as well as health services, and to be also from the worst Countries in the quality of living, it is the worst in everything.
All because of the absence of good governance and the marginalization and exclusion of efficient and fair national figures seeking the fulfillment of His prosperity, and as a result of the adoption of the quota system hateful and narrow party system and the policy of marginalization of others, and the situation will remain as it is, it could get worse if it continued the political struggle between the powerful forces on influence and power and the division of Iraq, cake, and if the quota system continued. It has resulted in the absence of the role of the private sector in the Iraqi economy and government policy in the sinking of the Iraqi market foreign products imported different, agricultural, industrial and other, and the lack of investment climate, in addition to infrastructure deterioration and lack of economic strategy that Iraq occupies the last rank in this category periodically, this Requires :
• Activating participation with the private sector to support and promote economic growth and moving the wheel of economic life in general.
• Establish a clear policy for banks to provide credit facilities and the promotion of investments to the productive sectors, housing and service projects and tourism.
• improve government performance in the economic process management and elimination of quotas and the adoption of the principle of citizenship, integrity, efficiency, and put the right person in the right place system.
• Develop general economic strategy and the adoption of plans and programs of short, medium and long term
• fight against financial and administrative corruption and money laundering.
• attracting foreign investment and the fight against bureaucracy.
• diversify sources of national income and not rely on the export of crude oil only in the financing of the state budget.
• the elimination of terrorism and the liberation of all the occupied territories of Daesh and to provide security, stability and reconstruction of the devastated areas, which is an important factor in attracting investment to Iraq.
• Aad powerful Iraqi hands that do not care about only personal interests.
• Develop plans for sustainable development, economic growth and transforming Iraq from a country consumer importer to exporter.
After all this, do some people will be elected to the same faces of corrupt and non-qualified in managing the affairs of the country to be returned to the same tragedy and the same deterioration in the situation and Iraq remains the worst in everything? Or are elected civilian elements, democracy, efficient and fair, which has the potential to save Iraq than it is now to be in the ranks of developed countries and countries with the best service of its people on different identities, religions and sects and ethnicities?
[You must be registered and logged in to see this link.]
/ Adel Abdul-Zahra Shabib activities
| Print | E-mail
Published on Tuesday, April 4 / April 2017 19:12
In the World Bank report entitled ((Doing Business 2016)), Iraq has been included in the bottom of the bank being one of the world's worst in business activities, the report was based on the assessment that Iraq still faces difficulties and challenges constitute an obstacle to the fulfillment of his under governments helpless.
These are challenges by: -
1.tdhor security and political situation.
2. the spread of financial and administrative corruption and the inability to confront it.
3. The deterioration of the overall economic activity.
4. The war on terrorism and the collapse of oil prices.
5. High unemployment and poverty rates have attained serious.
The report also depends on the assessment of the measurement systems that affect (11) area of business life, which include: -
* Starting a business.
* Dealing with Construction Permits.
* Get electricity.
* Property registration.
* Get credit.
* Investors Protection.
* The payment of taxes.
* Cross-border trade.
* Contract enforcement.
* Settlement of insolvency cases.
* Organization of the labor market.
Iraq has obtained ranked 161 in this category at the bottom of the list of countries worst in the world in business activities, and an indication of the low level reached by the Iraqi economy, which is the order of repelling the domestic and foreign investment and does not encourage investors to enter the Iraqi market. The order of Iraq in 2015, is ranked 160 in the list of countries included in the report and in 2016 was ranked 161 and this means that Iraq has dropped periodically. The reason in this decline and the decline of the Iraqi economy is due to the role of successive governments since 2003, and to this day in its inability to take over the reins and lead Iraq to become at the bottom of the list of countries experiencing growth and development at all levels, which led him to occupy Iraq ranked first among the most corrupt countries in the world by transparency international, and led also to become one of the world's worst in the level of education as well as health services, and to be also from the worst Countries in the quality of living, it is the worst in everything.
All because of the absence of good governance and the marginalization and exclusion of efficient and fair national figures seeking the fulfillment of His prosperity, and as a result of the adoption of the quota system hateful and narrow party system and the policy of marginalization of others, and the situation will remain as it is, it could get worse if it continued the political struggle between the powerful forces on influence and power and the division of Iraq, cake, and if the quota system continued. It has resulted in the absence of the role of the private sector in the Iraqi economy and government policy in the sinking of the Iraqi market foreign products imported different, agricultural, industrial and other, and the lack of investment climate, in addition to infrastructure deterioration and lack of economic strategy that Iraq occupies the last rank in this category periodically, this Requires :
• Activating participation with the private sector to support and promote economic growth and moving the wheel of economic life in general.
• Establish a clear policy for banks to provide credit facilities and the promotion of investments to the productive sectors, housing and service projects and tourism.
• improve government performance in the economic process management and elimination of quotas and the adoption of the principle of citizenship, integrity, efficiency, and put the right person in the right place system.
• Develop general economic strategy and the adoption of plans and programs of short, medium and long term
• fight against financial and administrative corruption and money laundering.
• attracting foreign investment and the fight against bureaucracy.
• diversify sources of national income and not rely on the export of crude oil only in the financing of the state budget.
• the elimination of terrorism and the liberation of all the occupied territories of Daesh and to provide security, stability and reconstruction of the devastated areas, which is an important factor in attracting investment to Iraq.
• Aad powerful Iraqi hands that do not care about only personal interests.
• Develop plans for sustainable development, economic growth and transforming Iraq from a country consumer importer to exporter.
After all this, do some people will be elected to the same faces of corrupt and non-qualified in managing the affairs of the country to be returned to the same tragedy and the same deterioration in the situation and Iraq remains the worst in everything? Or are elected civilian elements, democracy, efficient and fair, which has the potential to save Iraq than it is now to be in the ranks of developed countries and countries with the best service of its people on different identities, religions and sects and ethnicities?
[You must be registered and logged in to see this link.]
Today at 10:54 am by Rocky
» Al-Ardawi: The Sudanese government seeks to liberalize the Iraqi dinar and stabilize the economy
Today at 10:43 am by wciappetta
» utube 4/18/24 Iraq: Over 14 Agreements Signed Between Iraq and US BREAKING NEWS from Congress.
Today at 7:04 am by Rocky
» utube MM&C 4/16/24 IQD Update - Iraq Dinar - America - Activate - Massive Economic Deals -
Today at 7:02 am by Rocky
» utube MM&c 4/19/24 Iraqi Dinar - Private Sector - Economic Stability - Financial Reform - Al Sudan
Today at 7:01 am by Rocky
» Iraq officially signs the “Singapore” agreement to resolve trade disputes
Today at 6:59 am by Rocky
» Parliament Finance advises raising exchange rates again... What about oil revenues?
Today at 6:55 am by Rocky
» Al-Sudani: Iraq is in the process of recovery and has taken its leading position that attracts work
Today at 6:54 am by Rocky
» Al-Araji: Iraq is prepared to deal with all circumstances and seeks partnership with the United Stat
Today at 6:52 am by Rocky
» Sudanese from Michigan: The government represents all components and is keen to take care of the aff
Today at 6:50 am by Rocky
» Democratic Party: The "new generation" is the most corrupt and has dozens of cases in court
Today at 6:47 am by Rocky
» What is the benefit of Iraq establishing a petrochemical plant in Egypt?!.. An oil expert explains
Today at 6:46 am by Rocky
» A judicial delegation participates in the Permanent International Forum for Commercial Courts in Qat
Today at 6:43 am by Rocky
» Al-Sudani: The government follows a balanced policy that makes Iraq a station for security
Today at 6:42 am by Rocky
» Deduction of 160 million dinars from the salaries of MPs absent from Parliament sessions
Today at 6:40 am by Rocky
» Central Bank: Washington praised Iraq's measures to resolve 80% of the financial transfer file
Today at 5:13 am by Rocky
» Voices of Resilience: Al-Sudani’s frankness embarrasses the White House
Today at 5:12 am by Rocky
» Al-Alaq confirms the formation of a committee between Baghdad and Washington regarding sanctions on
Today at 5:10 am by Rocky
» Former MP: The Democrat will not hand over power after the regional elections
Today at 5:07 am by Rocky
» Document/allocation of 20% of the lands of Al-Jawahiri Complex to employees of the Ministry of Defen
Today at 5:06 am by Rocky
» Al-Hakim: Al-Sudani’s visit to Washington was a protocol and missed the two most important files
Today at 5:05 am by Rocky
» Parliamentary Security: The National Security Service law will be voted on by Parliament soon
Today at 5:04 am by Rocky
» Reconstruction and Housing: Zarbatieh residential project completed by 82%
Today at 5:01 am by Rocky
» Al-Sudani reveals an intention to establish Al-Faw refinery with a capacity of 300 thousand barrels
Today at 5:00 am by Rocky
» Government readiness to move the Doura refinery to an alternative location.. What are the conditions
Today at 4:59 am by Rocky
» Al-Sudani’s visit to Washington.. Implications and results
Today at 4:56 am by Rocky
» Association of Iraqi Private Banks: The suspension of some electronic payment services yesterday was
Today at 4:55 am by Rocky
» Parliamentary memorandum.. Two solutions were before the Federal Court instead of removing the compo
Today at 4:53 am by Rocky
» Blue fuel... Iraqi steps towards inexhaustible wealth for a century
Today at 4:51 am by Rocky
» For fear of being "upset"... MPs "evade" signing to host Al-Sudani in Parliament
Today at 4:50 am by Rocky
» Al-Sudani’s statement to convert 40% of Iraq’s exports into derivatives.. What does it have to do wi
Today at 4:48 am by Rocky
» An Iraqi-American partnership to benefit from oil field gas
Today at 4:46 am by Rocky
» The Minister of Commerce announces the distribution of the first payments of farmers’ dues for the 2
Today at 4:45 am by Rocky
» Sudanese to members of the Iraqi community in the American city of Houston: Iraq has regained its he
Today at 4:43 am by Rocky
» Romanski announces loans worth $50 million to support the Iraqi private sector
Today at 4:42 am by Rocky
» Prime Minister: We plan to invest production capacities for export
Today at 4:41 am by Rocky
» “Something happened” in Iran and no one is talking about Iraq and Syria. This is what we have so far
Today at 4:38 am by Rocky
» Al-Sudani asks the American Baker Institute for assistance in preparing studies related to the oil m
Today at 4:36 am by Rocky
» The Interior Ministry denies the occurrence of explosions inside Iraqi territory and diagnoses “the
Today at 4:35 am by Rocky
» Tensions between Najaf and Baghdad over the airport... the rule of law over “military force” and the
Today at 4:34 am by Rocky
» Al-Sudani from Washington: We agreed with Abu Dhabi on joint management of Al-Faw Port
Today at 4:33 am by Rocky
» "Al-Party" talks about the region's elections and reveals the reason for refusing to pay salaries di
Today at 4:31 am by Rocky
» Russia's oil is taking more of the Middle East's shares in the Indian market.. How much has Iraq los
Today at 4:29 am by Rocky
» Early next month.. Traffic confirms that the electronic payment system is working only
Today at 4:27 am by Rocky
» The Service Council accuses state departments of refraining from disbursing bonuses because of the m
Today at 4:25 am by Rocky
» Electricity: The Baghdad street lighting campaign will be completed before the middle of this year
Today at 4:24 am by Rocky
» Oil poses two conditions for moving the Doura refinery to an alternative location
Today at 4:23 am by Rocky
» The Foreign Minister reveals the truth about his resignation and the reason for his departure to Erb
Today at 4:22 am by Rocky
» Progress: Al-Halbousi’s acquittal has become conclusive, and his return to the presidency of Parliam
Today at 4:20 am by Rocky
» Disagreements strike Al-Maliki's coalition over choosing the governor of Diyala
Today at 4:19 am by Rocky
» The Union accuses Türkiye of exploiting the political situation for a ground incursion into Iraq
Today at 4:18 am by Rocky
» The Democratic Party: Barzani is eagerly awaiting the results of Al-Sudani’s visit to Washington
Today at 4:17 am by Rocky
» Frame: Al-Halbousi in the news and his return has become a pipe dream
Today at 4:16 am by Rocky
» A parliamentary request to capitalize on Erdogan’s visit to Baghdad to end the water crisis
Today at 4:15 am by Rocky
» Al-Sudani urges the US corporation Honeywell to help finish the Basra refinery
Yesterday at 2:48 pm by Rocky
» Al-Sudani Meets with Representatives of Western Media Outlets in Washington
Yesterday at 2:46 pm by Rocky
» Chairman of the Investment Authority signs the United Nations Convention on International Mediation
Yesterday at 2:44 pm by Rocky
» PM: We will sign a contract to establish the Al-Faw refinery with a Chinese company
Yesterday at 2:42 pm by Rocky
» PM arrives in Houston as part of his visit to USA
Yesterday at 2:41 pm by Rocky
» Militia Man & Crew 4/18/24 Bush signed it and all presidents implemented it. Iraq’s funds have been
Yesterday at 1:46 pm by Rocky
» Iraq is close to launching the electronic signature
Yesterday at 7:12 am by Rocky
» The Basra government discusses with an international oil company the implementation of social benefi
Yesterday at 7:11 am by Rocky
» The Prime Minister confirms to an American company: Gas projects in Iraq are a priority for the gove
Yesterday at 7:10 am by Rocky
» The Minister of Planning discusses with the World Bank mechanisms for scheduling external loans
Yesterday at 7:09 am by Rocky
» Oil sets the twenty-seventh of this month as the date for opening contracts for the fifth complement
Yesterday at 7:08 am by Rocky
» “Electronic begging”...professionalism and fabrication of stories” generates millions of dinars dail
Yesterday at 7:05 am by Rocky
» Al-Sudani calls on the American company Hanwell to contribute to the completion of the Basra refiner
Yesterday at 7:03 am by Rocky
» An American company expresses its willingness to establish LED lighting production lines in Iraq
Yesterday at 7:02 am by Rocky
» Including Iraq.. Iran announces the possibility of exporting 300 megawatts of “renewable electricity
Yesterday at 7:01 am by Rocky
» Political forces present two options to find an alternative to Al-Halbousi
Yesterday at 6:58 am by Rocky
» Parliament is awaiting the arrival of the budget schedules and the government is studying higher spe
Yesterday at 6:56 am by Rocky
» The International Monetary Fund adjusts its expectations for the development of the world’s economie
Yesterday at 6:54 am by Rocky
» A representative talks about the difficulty of finalizing the file of “electing the Speaker of Parli
Yesterday at 6:50 am by Rocky
» Work on preparing a law for diplomatic passports
Yesterday at 6:49 am by Rocky
» A female representative accuses the Ministry of Immigration of corruption
Yesterday at 6:47 am by Rocky
» Minister: Solving the Kurdistan salaries problem is the beginning of addressing other disputes betwe
Yesterday at 6:45 am by Rocky
» About 270 million dollars were sold by the Central Bank of Iraq in the currency auction
Yesterday at 6:42 am by Rocky
» The volume of trade exchange between Jordan and Iraq will exceed 800 million dinars in 2023
Yesterday at 6:41 am by Rocky
» Iraq signs memorandums of understanding with American companies in the fields of electricity, oil an
Yesterday at 5:31 am by Rocky
» The American company that manufactures the F16 expresses its readiness to implement the terms of con
Yesterday at 5:30 am by Rocky
» The volume of expected Qatari investments for the Iraq Fund for Development exceeds $3.5 billion
Yesterday at 5:29 am by Rocky
» Decrease in dollar prices in Baghdad and Erbil
Yesterday at 5:27 am by Rocky
» The President of the Region brings together the Kurdish parties to resolve the election file
Yesterday at 5:26 am by Rocky
» Al-Sudani receives in Washington the Chairman of JPMorgan
Yesterday at 5:25 am by Rocky
» Transport is starting to transform its ports into smart ones
Yesterday at 5:23 am by Rocky
» Sudanese reveals the volume of exchange with America
Yesterday at 5:22 am by Rocky
» "Al-Eqtisad News" publishes the memorandums of understanding signed between the Iraqi delegation and
Yesterday at 5:21 am by Rocky
» Al-Sudani urges an American company to contribute to establishing a chemical materials factory
Yesterday at 5:20 am by Rocky
» Iraq stresses the importance of Lockheed Martin's commitment to opening military aircraft maintenanc
Yesterday at 5:19 am by Rocky
» Iraq is on the verge of a “water disaster” by 2035
Yesterday at 5:18 am by Rocky
» Great satisfaction and optimism with the results of Sudanese’s visit to Washington
Yesterday at 5:16 am by Rocky
» Transport is beginning to adopt a plan to transform its ports into smart ones
Yesterday at 5:15 am by Rocky
» Completed 8,000 loan transactions at the Housing Bank
Yesterday at 5:14 am by Rocky
» Prime Minister: We plan to invest production capacities for export
Yesterday at 5:12 am by Rocky
» Transformation and partnership...a new horizon in Iraqi-American relations
Yesterday at 5:10 am by Rocky
» What is new in the economic dimension of the Washington visit?
Yesterday at 5:09 am by Rocky
» Two letters to the future
Yesterday at 5:08 am by Rocky
» National interests first
Yesterday at 5:06 am by Rocky
» Iraqi-American rapprochement...a national necessity
Yesterday at 5:05 am by Rocky