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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Warnings of the reflection of political crises on investment in Iraq

    Rocky
    Rocky
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    • Post n°1

    Warnings of the reflection of political crises on investment in Iraq Empty Warnings of the reflection of political crises on investment in Iraq

    Post by Rocky Tue 17 Oct 2017, 3:27 am

    [size=30]Warnings of the reflection of political crises on investment in Iraq[/size]
    17/10/2017 11:00 | Number of readings: 1
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    [rtl]Trend Press / Baghdad[/rtl]
     
    [rtl]The member of the Committee on Economy and Investment in the House of Representatives Amer Fayez, the reflection of internal political crises on foreign investment companies in Iraq, calling for a comprehensive economic development policy central to rebuild the infrastructure of the Iraqi economy away from political crises.[/rtl]
    [rtl]Al-Fayez said in a press statement that "the escalation of the internal crises of the war against the preacher and the referendum of Kurdistan and the instability of the political situation will lead to the escape of most of the investment companies in Iraq as they do not risk their money in a country that is unstable politically and security, "He said.[/rtl]
    [rtl]He pointed out that "most of the infrastructure of the state was destroyed because of the precarious and fragile stability of the general political situation and the collapse of cooperation between the government of the Center and local governments and the spread of the phenomenon of administrative corruption and organized gangs and the absence of any economic policy of the state or any clear development indicator to build economic projects service and productivity in all economic sectors As well as the spread of the phenomenon of unemployment and the inability of the private sector industrial to carry out its tasks and role of investment in production, which requires the work of investment companies inside Iraq to restore infrastructure and open the prospects for development among countries and gain experience, but continued Internal political differences negatively affect its work within the country. "[/rtl]
    [rtl]Fayez stressed the need to pursue a comprehensive economic development policy central to rebuilding the infrastructure of the Iraqi economy away from political crises and the elimination of administrative and financial corruption and nepotism.[/rtl]
    [rtl]Al-Fayez also called for a fiscal policy not affected by changes in oil prices, monetary policy linked to a variety of currencies, a customs policy and strict fiscal policy to protect the national industry and encourage foreign investment.[/rtl]

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