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Iraqi economy between reality and ambition
23/11/2017 12:00 am Jamal Al-Rubaie Today's world is not like the dawn of evolution in a race against time. Today, scientific research and technological development have reached advanced stages for the better tomorrow and the free movement of capital and science beyond the borders of countries and today the world is said to have become a small village thanks to what came to science. And Iraq is no longer isolated or closed to itself, but subject to these developments and here must be used to open up in a positive way to serve the economy and the advancement of our current reality, which depends on oil as a cornerstone in the development and expenditure and so is a single economy as it is called and this dependence led to a significant decline, Of oil through supply and demand and political events are all factors affecting the price of oil and we are fully linked in terms of development of oil revenues, so we were greatly embarrassed by those declines and reflected on the overall activities and the weak purchasing power of citizens and the cessation of projects accompanied by Entering the country as a fierce war against enemy targets plowing and birth control and sustain the momentum of the battle needs to be a lot of money here and the deficit appeared clearly reflected negatively on various sectors. Iraq could overcome the crisis or reduce its impact if it is better in the past decades to exploit those revenues to promote the components of agriculture or industry to be an extension of support for the economy, but today revealed the Iraqi economy resigned to seek support for him as the International Monetary Fund to meet the financial deficit and the maintenance of the battle The decline of planning and the inability to put the Iraqi economy on the right track in the exploitation and development of the capabilities available in Iraq of water and land of different terrain and human resources with the availability of funds. The question is how to overcome the ordeal and how to overcome dependence on oil, benefiting from successful global experiences that have risen in their countries and do not own half of what Iraq has. This is the role of an effective economic decision in the freedom of movement of capital and the spread of companies investing in the world. Specialized companies looking for jobs. We know that Iraq is a white country where investors compete but what prevents them from doing so is the absence of an ideal environment. We are part of the problem and the solution to create an attractive environment for capital and international companies in light of Iraq's possession of the elements of the advancement of agriculture because we have the land and water and we have dams and systems and we only support the farmer or support the private sector to engage in agricultural projects and livestock development as well as open doors for investment in poultry breeding and egg production As well as supporting industrial projects based on animal products such as milk, milk or cheese, fat, wool and leather. All this can save the hard currency, reduce spending and give the Iraqi trader the freedom to export to the ratio of the product and close the doors of import or impose taxes on the product similar to what is produced in Iraq as well as activating the petrochemical industry to be another tributary to cover the local markets and export surplus and we have marshes and lakes can be exploited correctly and forget To promote the industry, which supplies raw materials in Iraq, such as phosphates, glass, salts, stone, calcareous materials, activating religious tourism, improving the transport sector, and developing the telecommunications sector. So we have to open the doors to the capital, but through economic and scientific rooms that include different disciplines and issuing decisions that address the negatives, for example, the confiscation of land that has not been exploited within two years and thus pay the farmer to work because the land belongs to the people and this concept we should consolidate it if we intend to build Iraq is capable of promoting and building without dependence on oil and find alternatives for future generations and to open several tributaries to enter revenues and to be oil support and support for Economy. [You must be registered and logged in to see this link.] |
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