Abrihi : capital inflows outweigh the migratory
1/14/2014 0:00
Called for the creation of mechanisms for its return and reduce leakage
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BAGHDAD - Shkran Fatlawi
Occupies placed immigration Iraqi capital abroad considerable attention by the government and institutions and specialized parliamentary committees to find solutions and the conditions for their return and resettlement . This is what began by talking of the "morning " economic expert d . Ahmed Abrihi Ali said that the most important solutions for the return of capital this and to stop the migration of new is reconsidering the investment laws and Maitkhallha of bureaucracy . , And stressed the importance of giving the opportunity for the private sector to promote the activity of investment within the country , pointing to the importance of this detailed in providing jobs for the unemployed and to contribute to development processes more broadly .
Source of capital
In answering the question "morning" on the main challenges and what are the mechanics of attraction said Abrihi "There capital of Iraqi moves from the private sector to the outside outweigh the inflows into the country in size, pointing out that the Iraqi private sector source of capital , partly because of the high costs of setting up new projects in the country , particularly Created buildings because it has linked with high prices for materials and transport and wages of skilled workers as well as land prices high in cities and edges that are held by private enterprise not to mention the costs of inputs local operating and which is the other with high performance levels modest .
Slow implementation
He added Abrihi as the investment expenditure will be frozen for long periods of time and the reason is due to the slow implementation of projects , as well as cheap imports compete because of the low level of the dollar compared Bdinaralaraca , indicating that the foregoing we see that the costs of the national product is higher than the price of imported contender for the quality of the same in many of the activities what will result in lower investment and feasibility , especially in the industry.
Balancing Act
Abrihi pointed out that some of the owners of capital and businessmen Adding workers moving to the outside , they transferred their capital , or some of them managed from there , pointing out that it will generate the conclusion that the decline of investment in the inside to the lower levels of savings , and so by virtue of the law of the balance will be invested abroad the equivalent of saving the surplus.
Identify drivers
He noted that he and reduce the phenomenon of migration of capital abroad is imperative to determine the motives of immigration , as well as knowledge of the attractions in those countries such as the preservation of money and profitability and to try to apply and benefit from international experiences in this field and to provide technical assistance to the private sector for the selection of appropriate technologies to reduce costs and development of quality , He pointed out that this approach leads to improving the international competitiveness of Iraq and that is reflected in higher levels of expected return on investment.
He stressed the importance of facilitating credit of private banks to the business sector through guarantees contribute to the government , noting that this factor will contribute to lower funding costs , as well as investors feel reassured that he and Aachaara adventure and the consequent losses .
Insurance sector
He pointed out the necessity of activating the role of fiscal and monetary policy to provide economic climate appropriate and the need to develop the insurance sector and expand the scope of its work to reduce the risks , including the security aspect , stressing that these measures will help to reassure businessmen to encourage them to invest , and banks to extend credit after enhance their ability borrowers to meet .
Joint-stock companies
He focused on the importance of encouraging businesses to contribute to the initiatives of coordination and mobilization carried out by the Ministries of Industry and Trade in collaboration with banks and relevant actors in the private sector , as well as to encourage cooperation between the Iraqi private sector and foreign investors to benefit from their technical expertise and managerial and organizational . Stressed the need interest in finding appropriate solutions to the problems of marketing , noting that the return of the Iraqi capital in relation to each of the above result, they are looking for suitable returns and low risk .
Displacement and Migration
It is worth mentioning that the Ministry of Displacement and Migration revealed that it has developed a plan to organize three conferences in three countries in order to benefit from the efficiencies of Iraq abroad and the Iraqi capital out of the country and was chairman of the return of qualified peace -Khafaji said in a statement that the Immigration Department has prepared a plan for the establishment of three conferences in Oman, the Netherlands and Britain regarding the qualifications of Iraq and bring the Iraqi capital migrating in order to benefit from the experiences and competencies Iraqi immigrant out of the country , either order her back or take advantage of them from a distance, noting : it also wants to take advantage of the Iraqi capital migrating out of the country .
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1/14/2014 0:00
Called for the creation of mechanisms for its return and reduce leakage
[You must be registered and logged in to see this image.]
BAGHDAD - Shkran Fatlawi
Occupies placed immigration Iraqi capital abroad considerable attention by the government and institutions and specialized parliamentary committees to find solutions and the conditions for their return and resettlement . This is what began by talking of the "morning " economic expert d . Ahmed Abrihi Ali said that the most important solutions for the return of capital this and to stop the migration of new is reconsidering the investment laws and Maitkhallha of bureaucracy . , And stressed the importance of giving the opportunity for the private sector to promote the activity of investment within the country , pointing to the importance of this detailed in providing jobs for the unemployed and to contribute to development processes more broadly .
Source of capital
In answering the question "morning" on the main challenges and what are the mechanics of attraction said Abrihi "There capital of Iraqi moves from the private sector to the outside outweigh the inflows into the country in size, pointing out that the Iraqi private sector source of capital , partly because of the high costs of setting up new projects in the country , particularly Created buildings because it has linked with high prices for materials and transport and wages of skilled workers as well as land prices high in cities and edges that are held by private enterprise not to mention the costs of inputs local operating and which is the other with high performance levels modest .
Slow implementation
He added Abrihi as the investment expenditure will be frozen for long periods of time and the reason is due to the slow implementation of projects , as well as cheap imports compete because of the low level of the dollar compared Bdinaralaraca , indicating that the foregoing we see that the costs of the national product is higher than the price of imported contender for the quality of the same in many of the activities what will result in lower investment and feasibility , especially in the industry.
Balancing Act
Abrihi pointed out that some of the owners of capital and businessmen Adding workers moving to the outside , they transferred their capital , or some of them managed from there , pointing out that it will generate the conclusion that the decline of investment in the inside to the lower levels of savings , and so by virtue of the law of the balance will be invested abroad the equivalent of saving the surplus.
Identify drivers
He noted that he and reduce the phenomenon of migration of capital abroad is imperative to determine the motives of immigration , as well as knowledge of the attractions in those countries such as the preservation of money and profitability and to try to apply and benefit from international experiences in this field and to provide technical assistance to the private sector for the selection of appropriate technologies to reduce costs and development of quality , He pointed out that this approach leads to improving the international competitiveness of Iraq and that is reflected in higher levels of expected return on investment.
He stressed the importance of facilitating credit of private banks to the business sector through guarantees contribute to the government , noting that this factor will contribute to lower funding costs , as well as investors feel reassured that he and Aachaara adventure and the consequent losses .
Insurance sector
He pointed out the necessity of activating the role of fiscal and monetary policy to provide economic climate appropriate and the need to develop the insurance sector and expand the scope of its work to reduce the risks , including the security aspect , stressing that these measures will help to reassure businessmen to encourage them to invest , and banks to extend credit after enhance their ability borrowers to meet .
Joint-stock companies
He focused on the importance of encouraging businesses to contribute to the initiatives of coordination and mobilization carried out by the Ministries of Industry and Trade in collaboration with banks and relevant actors in the private sector , as well as to encourage cooperation between the Iraqi private sector and foreign investors to benefit from their technical expertise and managerial and organizational . Stressed the need interest in finding appropriate solutions to the problems of marketing , noting that the return of the Iraqi capital in relation to each of the above result, they are looking for suitable returns and low risk .
Displacement and Migration
It is worth mentioning that the Ministry of Displacement and Migration revealed that it has developed a plan to organize three conferences in three countries in order to benefit from the efficiencies of Iraq abroad and the Iraqi capital out of the country and was chairman of the return of qualified peace -Khafaji said in a statement that the Immigration Department has prepared a plan for the establishment of three conferences in Oman, the Netherlands and Britain regarding the qualifications of Iraq and bring the Iraqi capital migrating in order to benefit from the experiences and competencies Iraqi immigrant out of the country , either order her back or take advantage of them from a distance, noting : it also wants to take advantage of the Iraqi capital migrating out of the country .
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