Saleh: Category distant from the real economy close to the reality around him

Saleh: Category distant from the real economy close to the reality around him




10/31/2013 12:00 AM


Iraq ranked 151 globally in terms of ease of business
Baghdad - Mostafa Hashemi
classified Iraq, according to international reports that it has the elements of the economic boom overall possession of natural and human resources as well as the heads of big money and investment opportunities mega including it occupies a mattress in advanced economies of the world. Where A report published by the newspaper "The Wall Street Journal," the U.S. earlier in the classification Iraq ranked ninth among the most امتلاكا of natural resources in the world.
However, the World Bank's opinion last as Class A World Bank report recently released Iraq's economy was ranked 151 out of the economies of 189 countries in terms of ease of doing business there. in this context, said economic expert, Dr. appearance of Mohammed Saleh said the report was adopted climate surrounding the Iraqi economy because the elements of the Renaissance real economy is clearly in natural and human resources enormous owned by the country. Saleh added in a statement ( morning) that the Iraqi economy is very strong but it is surrounded by unstable political and security which impact directly in the economic downturn to ranked 151 among the world's economies Other.
, and pointed out that the state of uncertainty in the local and foreign investors have a prominent role in the failure of the investment projects productivity over the medium term or short, indicating that this case did not come from a vacuum, but came as a result of instability in the conditions of the country in general. Confirming the presence of great investment opportunities in Iraq summarize in a nutshell, the way to get to these stages economically developed.
Salih stressed that this category close to the reality surrounding the Iraqi economy and not close to the real economy of the country as the country has a capital of human and financial resources in addition to the vast natural resources that pay that is our economy in the ranks high among the world's economies, but the circumstances of the country make it in these mattresses late-rating report issued by the World Bank. adopted the report rate rating country percentile based on a set of 10 indicators, represented by (the start of the project and permits construction and access to electricity and registering property and getting credit and protecting investors as well as paying taxes and trading across borders, enforcing contracts and resolving cases of insolvency.)
and the report shows that the high rating of the country demonstrates the ease of doing business and regulatory environment that will be conducive to start to work and to engage in the activity. The report covered the period from June 2012 to May 2013. And replaced the United Arab Emirates, according to this report in the first place for the Middle East and North Africa, followed by Saudi Arabia Secondly, with dissolved Bahrain ranked third.


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