Al-Jawahiri proposes that the Council of Ministers form a «Business Environment Committee»

Al-Jawahiri proposes that the Council of Ministers form a «Business Environment Committee»



31/7/2017 12:00 am

Baghdad / Hussein Thugb
Although Iraq's position in the series is 165 out of 190 surveyed by the World Bank in the Doing Business 2017 report, action must be taken to improve the conditions and conditions of work and to develop its competitiveness in all areas.
A member of the Baghdad Economic Forum Amer Jawahri said: The implementation of the actual work requires a serious pause, indicating that the business environment as an important factor in improving and increasing the participation of the private sector and direct investment in the development of the economy.
The Council authorized the Jeweler suggested that the Council of Ministers to form a subcommittee called " "The Higher Committee for Investment and Reconstruction shall be formed on 18 May 2017 under the chairmanship of the Prime Minister. The" Business Environment Committee "may include representatives at the level of at least a Director General of the Government Sector and a President or an authorized member of the Council for representatives of private sector institutions and civil society. Everyone has a decision at the level of their institutions and in terms of approaching the higher authorities to get decisions seriously and smoothly.
The Iraqi economy suffers from a clear confusion in the investment environment, which represents the essence of the work and the most important motivations and tools to develop the national economy. The objectives of the committee should be characterized by a national and professional nature and an executive nature that simulates and gives instructions to government institutions. Its mission is long-term and works in a manner that aims to achieve the goals and results of positive changes on the ground in the business environment from all administrative, executive and legislative aspects . He stressed that the committee should base its work on the report of the World Bank in the performance of the work by reference to the ten events on which it was based and the details contained in the annual report to make recommendations and propose and follow up the implementation of procedures to address the bottlenecks and the negative characteristics of each. Certainly, the responsibility for reform must be borne by state institutions, the private sector, civil society and the media. Business Environment Jeweler stressed the need to develop a "Business Environment Committee" A way to monitor and follow up the progress of work and achieve goals at all levels, especially that the improvement of the business environment and eliminate the routine and transparency in transactions and in the declaration of information is an important point to attract investment companies, and attracting direct foreign and domestic investment to Iraq requires the identification of a certain number of priority projects For the economy and society with precise diagnosis of the site and the preservation and allocation of land and the formation of an executive team for each project takes full responsibility for the preparation of all information and answer all inquiries and the task of promotion and advertising until the signing of the investment agreement, where This approach is a new attraction that makes it easier for investment companies to take a general view of the reality of work and the surrounding environment. The cities throughout Iraq require a large and wide work force in the various productive and service joints, which have been greatly reduced by the wrong policies that they did not pay much attention to entering Iraq in the cycle of wars and siege. One window and urged to prepare an integrated promotion plan for each project package or each strategic project with a comprehensive media campaign before embarking on any promotion campaign, where all requirements must be successfully start the project before and when the agreement with the investor to avoid any negative reactions resulting from the difficulties of direct site allocation or To be ready to receive and provide images and information and film on the site, and to ensure the consent of all parties and relevant ministries to be a team as one window, and must be prepared through the practice and study the constraints encountered direct and the implementation of each project to guide and follow Guardian and taken into account when direct other projects. Jeweler's energy strategies said: The investment can be either direct or in the form of partnership between the public and private sectors, in various forms of partnership proven globally, as stated in the strategies of energy and industry until 2030 implementing the strategic projects that adopt the local raw materials in the manner of partnership, which is acceptable globally and locally, And extra support. He stressed the need for an international consultant to cooperate with local consultants to promote and supervise the implementation of strategic projects in the form of partnership between the government sector and the local and foreign private sector, until completion of the actual work, completion and operation of the project in question.

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