The recovery of the Iraqi economy depends on the adoption of 4 vital laws
Baghdad / Fadia al-Jawari
The experts stressed in the national economic affairs that many reasons contributed to weakening the national economy, first and foremost the dependence on oil revenues, which introduced Iraq in a severe crisis as a result of the sharp drop in world oil prices. They added that the lack of economic visions and non-maximization of non-oil resources and the war against the organization advocating terrorism and disagreement With the Kurdistan region weakened the national economy.
"The investment plan is almost non-existent in the economic policy of the country, since the operating budgets go as salaries to the employees of the state, and the investment section has been made," said Zitoun al-Dulaimi, a member of the Committee on Economy and Investment, Its transfer as an operational budget because of the circumstances of the war against the organization calling the terrorist, which drained large revenues from the budget of the country, which suffers a financial deficit.
A member of the parliamentary committee of economy and investment said that "the trend towards the private sector, which has the possibility of financial and accumulation and flexibility in the work make it a real partner of the state," stressing that "the idea of the public sector began to fade for years in countries that have economic power."
Dulaimi pointed to "the need for there to be genuine cooperation and reach agreements between Baghdad and Erbil to resolve all outstanding issues, including agreements on quotas of the federal budget and the activation of customs, levies and tax and be uniform."
"The opening of the border crossings between Iraq and neighboring countries such as Iran, Turkey and Jordan and the latest was the opening of the Arar crossing with Saudi Arabia shows the national openness and economic cooperation at various levels such as trade, tourism and transport," said the member of the Committee on Economy and Investment. Iraq to a market for the receipt and promotion of goods produced by neighboring countries or the world And considered that "the opening of ports will increase the export of countries to their products, as Iraq does not produce goods and goods and trade with those countries and thus do not enter the difficult currency as income from the "Economist Salem al-Bayati said," The question of activating the four economic laws is linked to the strength of government decisions and the fact that they are trying to promote the economic reality, especially as we are going through a financial crisis as a result of our dependence on the oil-based rent economy. Especially when there is a war against a terrorist organization. "
Al-Bayati added in a statement to (range) that "there are blocs and political forces in force in the country does not want to activate these four economic laws and try to leave the Iraqi market chaotic market in the case of import only and open, without determinants and economic controls any income in the pockets of beneficiaries only, The real in the non-activation of these laws, despite the legislation by the House of Representatives since 2010, and the trend towards the real sector and not rely on oil and make it profitable and fluctuate as a result of external and internal conditions so that our economy is not considered a guarantor.
"The four laws (customs tariff law, domestic product protection law, consumer protection law, antitrust law) should be applied to try to prevent the indiscriminate importation of goods and products in order to have local product support and to attract local consumer attention to create an industry Real and locally produced labor that absorbs the unemployed labor force and spur the budget with real revenues that reduce our dependence on oil. "
For his part, said the economist Ali al-Wakiki, "reliance on the public sector proved to fail over the past years and it is necessary to go to the private sector and make it a real partner in the national economy."
"The local product must be protected by providing raw materials at low cost, supported by the state, with good characteristics, according to the standardization and quality control system, and thus it can compete and put them to the market and the consumer," he added.
He added that "all these economic laws and the four attempts to activate them failed and there was an experiment in the implementation of those economic laws useless and over the years did not achieve a real tangible result, noting that the lawmakers of these laws do not have real experience and knowledge of economic development, The burden on the product by customs tariff laws without entering it within the Department of open import as is the case in the world through the border ports, which has been opened in recent times, including Arar port with Saudi Arabia, pointing to the need to reach a real agreement with the Kurdistan region to resolve all Shakil suspended oil export quotas and the province's budget from the federal budget. "
[You must be registered and logged in to see this link.]
Baghdad / Fadia al-Jawari
The experts stressed in the national economic affairs that many reasons contributed to weakening the national economy, first and foremost the dependence on oil revenues, which introduced Iraq in a severe crisis as a result of the sharp drop in world oil prices. They added that the lack of economic visions and non-maximization of non-oil resources and the war against the organization advocating terrorism and disagreement With the Kurdistan region weakened the national economy.
"The investment plan is almost non-existent in the economic policy of the country, since the operating budgets go as salaries to the employees of the state, and the investment section has been made," said Zitoun al-Dulaimi, a member of the Committee on Economy and Investment, Its transfer as an operational budget because of the circumstances of the war against the organization calling the terrorist, which drained large revenues from the budget of the country, which suffers a financial deficit.
A member of the parliamentary committee of economy and investment said that "the trend towards the private sector, which has the possibility of financial and accumulation and flexibility in the work make it a real partner of the state," stressing that "the idea of the public sector began to fade for years in countries that have economic power."
Dulaimi pointed to "the need for there to be genuine cooperation and reach agreements between Baghdad and Erbil to resolve all outstanding issues, including agreements on quotas of the federal budget and the activation of customs, levies and tax and be uniform."
"The opening of the border crossings between Iraq and neighboring countries such as Iran, Turkey and Jordan and the latest was the opening of the Arar crossing with Saudi Arabia shows the national openness and economic cooperation at various levels such as trade, tourism and transport," said the member of the Committee on Economy and Investment. Iraq to a market for the receipt and promotion of goods produced by neighboring countries or the world And considered that "the opening of ports will increase the export of countries to their products, as Iraq does not produce goods and goods and trade with those countries and thus do not enter the difficult currency as income from the "Economist Salem al-Bayati said," The question of activating the four economic laws is linked to the strength of government decisions and the fact that they are trying to promote the economic reality, especially as we are going through a financial crisis as a result of our dependence on the oil-based rent economy. Especially when there is a war against a terrorist organization. "
Al-Bayati added in a statement to (range) that "there are blocs and political forces in force in the country does not want to activate these four economic laws and try to leave the Iraqi market chaotic market in the case of import only and open, without determinants and economic controls any income in the pockets of beneficiaries only, The real in the non-activation of these laws, despite the legislation by the House of Representatives since 2010, and the trend towards the real sector and not rely on oil and make it profitable and fluctuate as a result of external and internal conditions so that our economy is not considered a guarantor.
"The four laws (customs tariff law, domestic product protection law, consumer protection law, antitrust law) should be applied to try to prevent the indiscriminate importation of goods and products in order to have local product support and to attract local consumer attention to create an industry Real and locally produced labor that absorbs the unemployed labor force and spur the budget with real revenues that reduce our dependence on oil. "
For his part, said the economist Ali al-Wakiki, "reliance on the public sector proved to fail over the past years and it is necessary to go to the private sector and make it a real partner in the national economy."
"The local product must be protected by providing raw materials at low cost, supported by the state, with good characteristics, according to the standardization and quality control system, and thus it can compete and put them to the market and the consumer," he added.
He added that "all these economic laws and the four attempts to activate them failed and there was an experiment in the implementation of those economic laws useless and over the years did not achieve a real tangible result, noting that the lawmakers of these laws do not have real experience and knowledge of economic development, The burden on the product by customs tariff laws without entering it within the Department of open import as is the case in the world through the border ports, which has been opened in recent times, including Arar port with Saudi Arabia, pointing to the need to reach a real agreement with the Kurdistan region to resolve all Shakil suspended oil export quotas and the province's budget from the federal budget. "
[You must be registered and logged in to see this link.]
Today at 7:52 am by Rocky
» utube 3/28/24 MM&C Iraqi Dinar - IQD Update - SWIFT - Purchasing Power - Urban Renaissance - Releas
Today at 7:51 am by Rocky
» Al-Mandalawi: Iraq is witnessing competition between major companies...and the House of Representati
Today at 7:49 am by Rocky
» The President of the Republic stresses the importance of the role of programmers in developing the w
Today at 7:46 am by Rocky
» The Minister of Industry and Minerals follows up on the technical and production performance of the
Today at 7:45 am by Rocky
» The Minister of Finance is following up on the field the progress of the newly implemented ASYCUDA s
Today at 7:44 am by Rocky
» Statistics: There are more than 15 million bank accounts in Iraq
Today at 7:42 am by Rocky
» Representative: One paragraph hinders the passage of a general amnesty within the House of Represent
Today at 7:37 am by Rocky
» Parliamentary Finance: “The draft federal budget law will be devoid of new job grades.”
Today at 7:36 am by Rocky
» Parliamentary action to resolve the fate of “food security contracts” in 15 governorates
Today at 7:35 am by Rocky
» 300 factories turned into "iron scrap" in Diyala
Today at 7:34 am by Rocky
» A deputy expects the dollar exchange rate to reach 140 Iraqi dinars
Today at 7:32 am by Rocky
» Al-Yasiri: The American administration is working hard to destroy the Iraqi economy
Today at 7:31 am by Rocky
» Infographic: The highest annual salaries of leaders of Arab countries
Today at 7:30 am by Rocky
» Communications announces that the electronic signature project has reached advanced stages
Today at 7:29 am by Rocky
» Parliamentary Integrity presents a file related to Kuwaiti violations of Iraqi oil
Today at 7:27 am by Rocky
» Parliamentary move to include amendments to Parliament’s internal regulations on the agenda (documen
Today at 7:25 am by Rocky
» The Iraqi President urges the Minister of Finance to expedite the payment of salaries to the Kurdist
Today at 7:23 am by Rocky
» Central Bank of Iraq sales exceeded $251 million at today’s auction
Today at 7:21 am by Rocky
» The Foreign Minister questions the "Iraqi resistance" attacks against Israel: the other side did not
Today at 7:20 am by Rocky
» The Minister of Labor announces progress in the electronic payment system
Today at 7:17 am by Rocky
» Interior Ministry: For the first time, we controlled the smuggling of petroleum derivatives by 98 pe
Today at 7:16 am by Rocky
» International companies offer offers to invest in the Dhi Qar marshes.. What distinguishes them?
Today at 7:15 am by Rocky
» “Tough” comments on interest rates raise the dollar globally
Today at 7:14 am by Rocky
» Iraq is the fifth largest oil supplier to South Korea in a month
Today at 7:12 am by Rocky
» Recovering more than 100 billion as a result of more than 200,000 employees on social welfare
Today at 7:11 am by Rocky
» The Sudanese consultant announces the completion of Baghdad Metro track designs
Today at 7:08 am by Rocky
» Al-Sudani stresses ending the problem of triple-shift schools
Today at 7:07 am by Rocky
» Iraq begins building two new tankers to transport petroleum products
Today at 7:06 am by Rocky
» Forming a council for “competition and preventing monopoly”
Today at 7:04 am by Rocky
» Features of an Iraqi-Turkish agreement regarding the status of the Kurdistan Workers’ Party
Today at 7:02 am by Rocky
» {Al-Buzrajiya} between the hammer of fraud and the power of the owners
Today at 7:01 am by Rocky
» Ministry of Oil: The gas sector is witnessing great development
Today at 6:59 am by Rocky
» An agreement with Britain in the field of securities
Today at 6:58 am by Rocky
» Discussions between Baghdad and Ankara to open a new port
Today at 6:57 am by Rocky
» Trade: About 11 million citizens updated their new card information
Today at 6:56 am by Rocky
» Electronic payment is sustainable growth
Today at 6:55 am by Rocky
» Experts: Iraq qualifies to be an important tourist country
Today at 6:54 am by Rocky
» Amending the Health Professions Law “robs” scientists of the central appointment 3 years after it wa
Today at 5:20 am by Rocky
» Is the “blessings package” that Erbil paid to the citizens of Kurdistan related to the elections?
Today at 5:19 am by Rocky
» Exceeded 5,000 projects.. Allocating 10 trillion dinars to support governorate reconstruction plans
Today at 5:18 am by Rocky
» “His need no longer exists.” Parliamentary Finance confirms the necessity of returning the retiremen
Today at 5:17 am by Rocky
» To communicate with the bases... 12 directives from Al-Sadr, including blocking numbers for non-gove
Today at 5:15 am by Rocky
» In an interview with "Baghdad Today"... an Iranian researcher reveals the importance of Haniyeh's vi
Today at 5:14 am by Rocky
» After it was 63 trillion in 2023... the 2024 budget deficit will rise to 80 trillion dinars
Today at 5:13 am by Rocky
» Parliament reveals the date of the first evaluation of the governors and determines the party respon
Today at 5:11 am by Rocky
» The President of the Republic informs Al-Araji and Al-Basri: Momentum must be mobilized to eliminate
Today at 5:10 am by Rocky
» Can the Federal Court sue others? A legal clarification of its response mechanism to abuse
Today at 5:09 am by Rocky
» Despite promises to soon stop burning gas.. What is the secret behind Iraq renewing the Iranian gas
Today at 5:07 am by Rocky
» Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have ent
Today at 5:06 am by Rocky
» Iraq exported more than 99 million barrels of oil last February
Today at 5:04 am by Rocky
» Barzani “gives good news” to Kurdistan employees: salaries, land, and loan exemptions
Today at 5:03 am by Rocky
» Alia Nassif: Nour Zuhair returned to the port of Umm Qasr to make deals.. An influential Shiite forc
Today at 5:02 am by Rocky
» The Prime Minister announces the movement of nearly 500 stalled projects
Today at 5:00 am by Rocky
» A government strategy to enhance investments.. Iraq is on the verge of a new era of economic develop
Today at 4:59 am by Rocky
» Ranging between 20% and 50%.. The Kurdistan government decides to reduce service fees, customs dutie
Today at 4:58 am by Rocky
» Al-Sudani: The reform approach in the security services is an integral part of reform in other secto
Today at 4:56 am by Rocky
» Everyone in Iraq wants the Sudanese visit to Washington to be successful, even the factions!
Today at 4:55 am by Rocky
» Sources and experts expect the agenda.. in his bag is the Baghdad dollar and the factions’ truce, bu
Today at 4:54 am by Rocky
» The decision to raise gasoline prices arouses the ire of drivers...a reminder of the large demonstra
Today at 4:53 am by Rocky
» Parliamentary services: 3 important hospitals in Baghdad will enter service at the end of the year
Today at 4:52 am by Rocky
» Iraq signs a contract to supply Iranian gas for a period of five years
Today at 4:50 am by Rocky
» Parliament adds a voting paragraph on amending the Penal Code to its agenda
Today at 4:49 am by Rocky
» His political advisor: We are not afraid of Sudanese entering the elections alone
Today at 4:48 am by Rocky
» Parliamentary services explain the reasons for the rise in real estate prices in Baghdad
Today at 4:46 am by Rocky
» Attia, criticizing the government's decisions: "The citizen's feathers will be ruffled without servi
Today at 4:45 am by Rocky
» Parliamentary Communications: Zain Iraq and Asiacell did not pay their debts
Today at 4:44 am by Rocky
» The Governor of Karbala announces the imminent establishment of the largest industrial city in the c
Today at 4:43 am by Rocky
» A government determination to end the issue of displaced persons in the middle of this year
Today at 4:42 am by Rocky
» Iraq buys gas from Kurdistan to generate electricity
Today at 4:41 am by Rocky
» Parliamentary signatures to include an amendment to the internal regulations to decide the choice of
Today at 4:40 am by Rocky
» In Basra.. a demonstration against foreign workers in Iraqi companies (video)
Today at 4:38 am by Rocky
» Al-Samarrai: Presidency of Parliament is an entitlement to the constituents, and calling it a “frame
Today at 4:36 am by Rocky
» Electronic food supplies in 6 governorates... covering 11 million Iraqis and “writing off” about 700
Today at 4:34 am by Rocky
» Corruption of the Ministry of Transport.. Representatives express their surprise at the minister’s s
Today at 4:32 am by Rocky
» The biggest supporter of the invasion of Iraq.. The death of former US Senator Joe Lieberman
Today at 4:31 am by Rocky
» Iraq is ranked “late.” A list of the most and least safe Arab countries for women
Today at 4:30 am by Rocky
» The Council of Ministers exempts the Gulf Interconnection Authority from guarantee fees: it is a gov
Yesterday at 7:48 am by Rocky
» The Iraqi government raises the size of the 2024 budget, and Parliament is “surprised”
Yesterday at 7:46 am by Rocky
» Popular Movement: We have many economic options away from American hegemony
Yesterday at 7:42 am by Rocky
» The Oil Parliament stresses the need to transfer part of the revenues to the producing governorates
Yesterday at 7:41 am by Rocky
» It will cover 14 regions in eastern Iraq.. A deputy reveals the “border electricity” project
Yesterday at 7:40 am by Rocky
» Experts Warn Mass Migration Threatens US Food Security
Yesterday at 7:37 am by Bama Diva
» Al-Fateh: America occupies Iraq through agreements
Yesterday at 7:37 am by Rocky
» Anger in Iraq over a "sudden decision"... and a reminder of a "general strike" that paralyzed the co
Yesterday at 7:34 am by Rocky
» Parliamentary Committee: Parliament is discussing today a decision that “disturbed” the Iraqis
Yesterday at 7:33 am by Rocky
» Ministry of Electricity: Our production will reach 27 thousand megawatts by May
Yesterday at 7:31 am by Rocky
» Diagnosing the “most important” problems in the oil file between Baghdad and Erbil.. What is the rel
Yesterday at 7:30 am by Rocky
» The Iraqi Fiqh Academy and the Sunni Endowment issue a fatwa to pay Zakat al-Fitr
Yesterday at 7:28 am by Rocky
» The National Bank of Iraq continues its digital transformation by launching its new banking system a
Yesterday at 7:26 am by Rocky
» Parliamentary Investment and the Central Bank are discussing the housing initiative
Yesterday at 7:25 am by Rocky
» The Prime Minister announces the restart of 500 suspended projects
Yesterday at 7:23 am by Rocky
» Al-Barti assesses the region's employees: Your salaries are insured and will be paid after resettlem
Yesterday at 7:21 am by Rocky
» Iraqi-American discussions in anticipation of the Sudanese visit
Yesterday at 7:20 am by Rocky
» Iraq and Turkey hold meetings in Ankara to discuss technical issues related to the development road
Yesterday at 7:17 am by Rocky
» A government parliamentary agreement to support budget revenues and governorate allocations for inve
Yesterday at 7:16 am by Rocky
» Oil: The gas sector is witnessing great development
Yesterday at 7:15 am by Rocky
» A Kurdish-French agreement to develop trade and economic relations
Yesterday at 7:13 am by Rocky
» Exchange companies in Mosul demand that they be entered into the currency selling window
Yesterday at 7:12 am by Rocky