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Expert: Iraqi economy is in a vicious cycle of private sector projects
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Baghdad / ... Economic expert Salama Smisem, said Saturday, that the Iraqi economy is today in a vicious cycle of private sector projects.
"The Iraqi economy today revolves around a vicious cycle of private sector projects, which may lead to a continuous deterioration as we engage in a vicious private investment ring that, if left untreated, will become the syndrome of the Iraqi economy and in the case of becoming a police reserve for talking or studying the economy, "He said.
"The suffering is lack of funding, lack of bank guarantee, which guarantees the project to obtain a loan for financing, lack of cash, bureaucracy of investment agencies and its direct intention not to allow private sector projects, "3
[You must be registered and logged in to see this link.]
Baghdad / ... Economic expert Salama Smisem, said Saturday, that the Iraqi economy is today in a vicious cycle of private sector projects.
"The Iraqi economy today revolves around a vicious cycle of private sector projects, which may lead to a continuous deterioration as we engage in a vicious private investment ring that, if left untreated, will become the syndrome of the Iraqi economy and in the case of becoming a police reserve for talking or studying the economy, "He said.
"The suffering is lack of funding, lack of bank guarantee, which guarantees the project to obtain a loan for financing, lack of cash, bureaucracy of investment agencies and its direct intention not to allow private sector projects, "3
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