Home
Improving the business environment in Iraq
10/10/2017 12:00 am [rtl]Amer Eissa Al-Jawahri * Calls have been repeated from governmental and sometimes non-governmental agencies to local and foreign investors to work and invest in Iraq and the announcement that Iraq is a favorite place and attractive to investors and investment in infrastructure and services. In spite of the increase of the virtual employment opportunities for the next phase in Iraq, including the requirements of the reconstruction of areas liberated from terrorist operations and expectations of increasing the direction of resources to economic construction throughout the country will gradually decrease the requirements of military operations in the fight against terrorism and in light of the supposed improvement in the management of the economic file. The priorities of the next phase will be the development of a comprehensive action plan for the whole of Iraq that will include programs, projects and activities according to priorities under specific objectives for the near, medium and long term, based on previously approved sectoral strategies and an effective promotion policy for attractive projects. It is necessary to identify and approve the details of the comprehensive and sustainable plan of action through comprehensive and expanded meetings between decision makers from government institutions, private sector institutions and civil society to develop binding plans and to eliminate any possibility of exhaustive and non-systematic reforms and avoidance and to develop and implement reconstruction, investment, reform and annual national development plans. These plans include how to guide the resources of the country despite their limitations, how to maximize resources and exploit them optimally, and to develop a sophisticated, transparent and flexible system for managing the economic file, and any public-private partnership, projects and activities targeted to attract investment and the mechanism for directing and implementing international grants for reconstruction. The loans have tight accounts because they are supposed to be taken in extreme cases only and to deal with the bottlenecks are very sensitive as long-term liabilities as long as it is not feasible to finance itself. Within these plans, action should be taken to develop a mechanism for activating the effective professional participation of government and private banks and to assume their expected role in financing projects and entering into financing partnerships for the next phase based on their products and banking activities. It also requires the development and implementation of a flexible action plan for a media campaign throughout Iraq aimed at guiding, motivating and activating the participation of all parties, institutions, experts and citizens in the process of changing the mechanisms of action and eliminating the routine and facilitating procedures and supporting the employers and adopting a slogan for the stage, Construction and reconstruction "campaign aims to achieve the expected active role of the media and develop the role and participation of citizens as the ultimate beneficiary as well as subsequent generations. We hope and admire the important role of the wisdom of the supreme religious authority in Iraq, which has already given the Fatwa and the success of the struggle against terrorism that posed a threat to the existence of Iraq. Now we envisage a reference to building and rebuilding Iraq, fighting corruption and activating the economy and achieving the rule of law. . In addition, the proposed comprehensive meeting for those concerned with economic affairs, business development, investment, the Supreme Investment Committee and the Council of Ministers should guide the society towards economic, social and service reform, and to consider the Business Environment Committee, which we propose to be linked to the Higher Investment Committee, headed by the Prime Minister. Important factors to stimulate business and protect the national product and business owners and investors and facilitate procedures. These include, for example, the tendency to deal with a large number of negative practices that require careful diagnosis and which, by virtue of the situation, are contrary to the requirements of the attractive environment and measure measures that are viewed by serious employers and investors, as they can be a repressive environment for action and based on their decisions to invest in Iraq And its diagnosis and treatment contributes to improving the attractiveness of Iraq to investment and include: rule of law, discipline, accountability of any aggressor, whether an individual or group to any person or entity or institution, develop human capabilities and improve the productivity of all working citizens as of The late preliminary study. As well as the development and improvement of the educational system and its care on an exceptional basis, providing the technical capabilities and productivity of the Iraqi citizen, comprehensive and strict treatment of abuses on public funds and attention to parks and the environment in general, ensure that no employer or investor to any harassment and its relationship with the relevant sector Its role is to provide support, streamline procedures and address the obstacles and challenges facing its success. To be able to communicate and use the sectoral entities responsible for monitoring the activities and requirements of investors around the clock as a goal. Requires taking into consideration the provision of an attractive environment for work, investment, provision of supplies, serious will and professional departments with experience and keen to complete projects and work and to achieve their operation and benefit from them effectively and within the requirements of quality, efficiency and timings in word and deed to observe and address the negatives which constitute part of them, which results in improving the attractiveness of the business environment in Iraq. Where the investor is entrusted to his investments and to ensure the return of investment and the movement of funds and profits and activities and expansions. It is always preferable to take samples of the reality that the investor is looking at with scrutiny, analysis, conclusion and detailed studies before making the decision. For example, with the need to look at all the details that are being studied by investors who are either aiming to attract them to work in Iraq or those who study the Iraqi market for possible entry . It is possible to review and develop a number of bold solutions to a number of issues, including the difficulty of communicating with the relevant decision makers in the relevant government departments, weak capacity in the business circles, routine and poor transparency, lack of efficient and efficient one-window approach, forcing the investor to communicate with the relevant official authorities and Provide a culture of support, cooperation and facilitation. The facilitation of seminars, conferences and business meetings in Baghdad encourages the presence of foreign companies for meetings in all the hotels, which we hope will work in the country in the future and that investors move to follow their work, the difficulty of effective communication with foreign investors with local investors, In Iraq, but prefer to invest outside Iraq, which is monitored by the foreign investor and take an example, which requires in-depth consideration of the stakeholders with Iraqi investors to take actions that contribute to improving conditions and attract investors, E and drinking water and leaves of the conclusions of the investor from the weakness of the degree of government agencies attention to services and infrastructure of importance, the prevalence of the phenomenon of the possibility of infringement or threat of exposure to the investment project in a subtle way not to mention the need for a special device for the strict protection of investors. It should be noted that it is not right to discuss the neighboring countries to give them preference and perhaps some exemptions in the import of goods from them while the export support system will increase the competitiveness of their goods with local goods and this will result in the brutal killing of the domestic product and any prospects for implementation and investment projects of new production for both the local investor who Focuses on small and medium-sized enterprises and will prevent the establishment of projects for local investors and the productive partnerships between Iraqis and foreigners that we seek to promote and support to improve local production capabilities. This will lead us to a real weakening of the environment Work that stems from the basis of the investor and the owners and entrepreneurs support. * Member of the Baghdad Economic Forum[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
» Parliamentary Finance Committee discusses amending the three-year budget
» utube 11/26/24 MM&C MM&C Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023,
» "Rich Iraq" seeks "money" to combat methane emissions: internal and external obstacles
» Increase in foreign remittance sales at the Central Bank of Iraq auction
» Its area is 2.5 million acres, and these are its details.. Work begins on a "large" residential city
» Kurdistan Finance delivers employees' salary schedule to the federal government
» Beggars are sweeping the streets of Iraq.. Their numbers are "large" and 90% of them receive welfare
» Settling tax trust claims
» Launching the National School Health Strategy
» Approval to implement service projects in Babylon
» New container handling berths at ports
» Work: Demand for registration in social security
» Reconstruction: Land Bank to be completed next year
» Aiming to enhance services in schools and prevent diseases, the National School Health Strategy for
» Karmian Festival witnesses the conclusion of commercial and industrial contracts
» Focus on the banking sector
» Minister of Trade: Studies Center is a turning point that serves the Iraqi economy
» Economists: Census is a roadmap for development
» Today's newspapers are interested in Al-Sudani's announcement that the population of Iraq exceeds 45
» International Development Bank: Today's incident was an extortion attempt that did not affect our wo
» thirty-sixth session, chaired by the Minister of Planning
» Closed meeting of the Parliamentary Finance Committee to discuss seven files
» The demographic boom in Iraq: an economic opportunity or a social burden?
» Al-Sudani confirms to Russian delegation Iraq's desire to establish a mechanism that brings mutual b
» Parliament holds its session headed by Al-Mashhadani and attended by 168 MPs
» The Iraqi government deducts 1% of the salaries of employees and retirees to donate to Gaza and Leba
» Iran announces its commitment to continuing gas exports to Iraq
» Iraq, Russia discuss energy cooperation
» British Home Secretary to visit Iraq tomorrow
» The next parliament will have 450 members.. Officially, Al-Sudani announces that the population of I
» US Ambassador Warns of 'Frightening Actions': Iraq Does Not Want to Be Drawn into Regional Conflict
» Planning: The announced census results are not preliminary and the number will increase
» Election “hype” begins early.. Al-Maliki insists on holding it and Al-Sudani prepares
» “No more delays”.. Parliament changes the mechanism of holding sessions: “Controversial” laws are re
» Al-Mashhadani to the heads of the blocs: I prefer to vote on the general amnesty law before anything
» Iraq ranks 8th in the Arab world in achieving work-life balance in 2025
» Labor announces issuance of more than a quarter of a million national cards for social protection be
» Iraqi-Chinese research on accelerating combined cycle power projects
» Al-Maliki praises the decision of the International Criminal Court and demands the resolution of the
» Al-Mashhadani calls for voting on the general amnesty law for the “oppressed” before other laws
» Yazan Mishaan Al-Habouri revolts against his "leak": There are those who obstruct the government's e
» US Ambassador: Ending the presence of the international coalition in Iraq is being implemented and w
» Al-Mashhadani directs to raise the suspended laws to the Presidency of the House of Representatives
» "His general situation is unbearable" .. Parliamentarian: Political consensus to keep Iraq away from
» Al-Sudani agrees to launch the “For Her” initiative to support Iraqi women
» Development Bank condemns extortion attempts: It will not affect our workflow
» Iraq-China oil-for-reconstruction deal faltering: A geopolitical shift in the Middle East
» Planning reveals the next step of the census: We will visit these families
» Parliamentary Finance Committee calls on the government to expedite sending the budget tables
» OPEC+ may extend oil cuts at its meeting next Sunday
» Parliamentary Integrity Committee discusses with the Director of Central Oil the file of contracts a
» Government notice regarding the legal status of foreign workers
» House of Representatives holds "important" session today.. Expectations of extending the legislative
» Slight rise in dollar prices against the dinar in Iraqi stock exchanges
» Baghdad "softens" and Kurdistan oil prepares to continue its global journey
» "For 5 million dinars or in installments" .. Iraqi electric cars soon on the streets
» Where did the Intelligence Bill get to in the House of Representatives?
» "Contract Suspicions Series"... What are the loopholes in the Korean air defense system contract in
» MP reveals latest developments in the formation of the new Kurdistan government
» Personal status: imposing a vision or turning Iraq into a copy similar to the Iranian religious regi
» Oral question to the governor.. Parliamentary movement regarding the “Basra, the Economic Capital of
» MM&C 11/25/24 Parliamentarian: We need to extend the legislative chapter to 8 sessions and the bud
» Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the e
» utube 11/25/24 MM&C MM&C Iraq News-CBI Building Final Touches-Oil Exports-Development Road-Turkey-B
» Parliamentary movement to include the salary scale in the next session
» Parliamentary Finance Committee reveals the budget paragraphs included in the amendment
» Al-Maliki calls on the Bar Association to hold accountable members who violate professional conduct
» Politician: The security agreement with America has many aspects
» Kurdistan Planning: More than 6 million people live in the region, the oldest of them is 126 years o
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
» Economics saves from political drowning
» Agriculture calls for strict ban on import of "industrial fats" and warns of health risks
» Iraq is the fourth largest oil exporter to China
» Railways continue to maintain a number of its lines to ensure the smooth running of trains
» Parliament resumes its sessions tomorrow.. and these are the most important amendments in the budget
» Bitcoin Fails to Continue Rising as It Approaches $100,000
» Minister of Planning: There will be accurate figures for the population of each governorate
» Popular Mobilization Law is ready for voting
» Mechanisms for accepting people with disabilities into postgraduate studies
» Government coordination to create five thousand jobs
» Transport: Next month, a meeting with the international organization to resolve the European ban
» Census is a path to digital government
» Calls to facilitate loans and reduce interest rates for the private sector
» The launch of the third and final phase of the "population census"
» Al-Sudani: We have accomplished a step that is the most prominent in the framework of planning, deve
» Justice discusses modern mechanisms to develop investment in real estate and minors’ money
» Dubai to host Arabplast exhibition next month
» Al-Tamimi: Integrity plays a major role in establishing the foundations of laws that will uphold jus
» Reaching the most important people involved in the "theft of the century" in Diyala
» Transportation: Completion of excavation works and connection of the immersed tunnel manufacturing b
» Between internal and regional challenges... Formation of the Kurdistan government on a "slow fire" a
» Kurdistan Region Presidency: We will issue a regional order to determine the first session of parlia
» The Minister of Foreign Affairs announces the convening of the Ambassadors Conference tomorrow, Mond
» Al-Sudani: Iraq must always be at the forefront
» Al-Mashhadani: We support the Foreign Ministry in confronting any external interference that affects
» Al-Sudani chairs meeting with Oliver Wyman delegation
» Half a million beggars in Iraq.. 90% of them receive welfare salaries
» Sudanese announces preliminary results of the general population and housing census in detail