Experts: solving the problems of the Iraqi economy depends on the system of legislation

Experts: solving the problems of the Iraqi economy depends on the system of legislation


April 28, 2014 11:27

Stressed experts, researchers and specialists in economic affairs on the need to find appropriate solutions to bring out the Iraqi economy from the problems experienced by the glitches in the legislation that caused the events Alarbakat economic and deterioration of the government's performance in implementing the projects, which led to rampant corruption and underdevelopment in the country. Came during a seminar extended held by the "Institute for the progress of the development policies" and was led by Mehdi al-Hafez and former Minister of Planning / Chairman of the Institute. At the beginning of the seminar, he Mehdi al-Hafez for some features of the government's performance in Iraq for the post-2003 and the subsequent formation of many governments and legislation Constitution. Integrity, according to newspaper
Al-Haafiz said, that "the dilemmas of life in Iraq is still worsen disturbingly, there had been economic reform, which was a basic goal of the change process, which resulted in the continuation of the proceeds of the oil industry that plays directed and commander of the activities of the economic fundamentals. Asked Hafiz" How can a country like Iraq that grows and develops almost naturally and according to national needs and financial resources of natural large unless being re-considered approach to the economy and his general theory. "and explained that" the interest of economic growth and overall development Tkmenan in a market economy, which combines the state administration and the market are paired and this is what poses to be reference and practical guidance for the desired economic performance of an approach that supports the development of the private sector, makes him a true pioneer of the national economy. "
He went on to say, "Reform is required so oriented science, which aims to protect the state's resources and control the implementation of projects and economic plans are strict and fair The facts indicate that the level of implementation has decreased remarkably and led to the loss of money in some areas." Increased Hafiz, that "politics fiscal and monetary are other bus defects, including the lack of restriction to previous agreements between the Ministry of Finance and the Central Bank, which was aimed at restructuring the banking sector, the government of Bmusrfa Rafidain and Rasheed and settlement budgets and build a fair and constructive manner with the private banks own and remove all obstacles by creating a healthy environment for their work and repair of structures infrastructure for banks and commitment control and registration of credit and guarantees necessary frameworks and financial auditing and accounting. "
The absence of economic visions and goals
In turn, the economic expert Tawfik inhibitor "the budget deficit and the need to review revenues and expenditures to reduce the deficit." Said Mani, "The absence of the visions and goals of the Iraqi economy based creation of it's economy wishes and hoping controlled by supply and demand conditions and according to the requirements of the market." And called the need to search and dealing with the private sector, which is far from the laws and regulations that are in the dominance of the state and its monopoly on the sector and sufficient to mention the subject of the transfer of funds. "and increased inhibitor, that" capital cycle is shorter cycle, as it deposited the money in the fund after deducting 5% of the amount of compensation which is converted to money orders in the specialized banks and disbursements for the people that are being converted into either abroad or in another or are Aktnazha affluent citizens are hampered market development, investment or reconstruction. "
And the inhibitor, that "the Iraqi economy is characterized by lower labor productivity in all sectors and this is due to the weakness of the qualifications and skills of manpower and the nature of the technology used and the efficient management of economic activity sufficient to mention the argument (that development reduces the coefficient of birth). Pointed inhibitor to, that" the oil sector which has seen a rise in the rate of increase depends on the supplement revenue because of not giving any priority to develop and make the development of Iraq's oil industry keep pace with the competition in terms of technology and productivity leading nations and oil companies. "He inhibitor, the absence of manufacturing industries are constantly relying on the export of crude oil and sell it on the table to be and the percentage of the economy and the rentier economy unilateral 96%. "
But inhibitor pointed out, that "with what we enjoy those riches and trained human resources and high level of expertise, as a result of these policies, we are now late scientifically and technically became our oil industry operated and managed just enough to run the wheel daily production without policy developmental clearly defined and the future." And the inhibitor , "The past few years have seen a clear decline resulted from several factors, the most important of increasing obsolescence of the equipment used and is able to withstand any increase in production and which were not subject to any development or renovation or replacement, and the migration of a large number of experts from the oil industry Iraqis and their professionals out of the country Avqdna tremendous amount of trained human resources and experience that carry high fields. ", it indicated general manager of TBI Hamdiya to dry, that" Iraq is suffering from the reluctance of all walks of life, especially in respect of projects implemented. "
Attributed the dry this reluctance to, "the delay in approving the budget in the first place as well as the rampant corruption that led to be hauling a lot of projects to companies incompetent" They pointed out, that "corruption has led to the reluctance of foreign companies discreet about to enter Iraq not because of the security situation It also argues corrupt, but because of the complexity of the procedures and bargaining and royalty levied on these companies all these reasons led to low levels of implementation in the general budget of the state. " Dry called, "the need to hold the required reforms and the elimination of corruption through the next election and to choose the right people to run the country as well as through the assignment of projects to companies sober relying on standard sobriety, efficiency and similar works, as well as the activation of the construction industry to provide raw materials for the building, especially in the field of housing because the country needs to more than 3 million housing units. "
She concluded her speech by saying dry, that "the government does not bear alone and that the failure was the biggest section is located on the people themselves but the other is to bear part of the responsibility."
System gelatinous
At the same effect, occur Zuhair al-Hassani legal expert commenting on the paper, an economist Tawfiq inhibitor, saying, "Iraq and since 1964 was based on the dominance of the public sector and the marginalization of the private sector, and after 2003 there were trends and aspirations that turns Iraq into a market economy, but what happened is the transformation of the economic system to a totalitarian system does not form a gelatinous. "
He added, "The weakness that affected the government's performance was a natural outgrowth of the political conflicts taking place in the Iraqi arena between the government and parliament, the government can not afford to repair the economy because of the imbalance filial On the other hand, the private sector was the sector is weak unable to initiative for being divided into two section The first commercial parasite linked to some of the politicians who have switched to Smlessrh in the market.

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