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A governmental approach to develop the local industry

Proven
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A governmental approach to develop the local industry Empty A governmental approach to develop the local industry

Post by Proven on Thu 24 Sep 2020, 5:06 am

[rtl]A governmental approach to develop the local industry[/rtl]











[rtl]Tuesday 22nd September 2020 32[/rtl]
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 Baghdad: Hussein Faleh, the
government is heading to implement economic programs aimed at developing productive sectors, including industrial, agricultural and tourism, as a step to support the national product and diversify the national economy, as observers of economic affairs see that the current government has a strategic vision to advance the national economy by activating vital sectors and reducing dependence on oil Gradually in financing the general budgets, calling for the development of practical plans based on correct foundations for the advancement of the economic sectors.

The economic expert, Ahmed Al Majidi, said in a statement to "Al-Sabah": The "Corona" pandemic "gave an important economic experience to all countries of the world and showed the potentials of the economic imbalance in each country," pointing out that "Iraq is one of these countries, as it went through an economic and financial crisis after Corona outbreak, especially when oil prices are low. ”He added,“ The government felt the danger of the situation and began to think not to rely on oil as a main source for financing the general budget, but this needs strategic plans and not immediate, as oil revenues cannot now be dispensed with. ” "The government has a clear economic vision by proposing a reform paper that includes multiple chapters through which it can maximize the country's resources, the most important of which is decoupling the double wage and eliminating the term aliens in some institutions as well as controlling border crossings and fighting corruption," pointing out that "The government's vision has begun to become clear, especially after the money it has implemented against some of the corrupt, and there will be other approaches to major corruption heads. He pointed out that “fighting corruption and eliminating it means reducing the waste of public money, combating money laundering and increasing the state’s financial revenues,” indicating that “among the trends The government supports the vital economic sectors, especially the industrial sector, which is one of the important sectors, because it shares other sectors with it, such as the agricultural in the manufacturing industries and others. ”He continued,“ The development of local industry means supporting the national product, ”indicating that the agricultural sector in Iraq has begun to rise from New after achieving self-sufficiency for many crops, and this can be used to support the manufacturing industries, especially tomato paste, cheese, canning, dates presses and other factories. He stressed that “activating the industrial sector means providing job opportunities for the unemployed and providing hard currency for the country,” indicating that "These efforts need popular, national and media support in order to advance the economic sectors. ”For his part, the expert in industrial affairs, Abdul Hassan Al-Shammari, stressed the need to support the Iraqi industrial sector to maximize revenues in the country. Al-Shammari said in a statement to Al-Sabah:“ The local industry It needs real support from the government to advance it, "indicating that" the support should be directed towards controlling all border crossings and preventing the import of materials from which it is produced locally, except for the raw materials that enter the industry. "He added:" Fees and taxes on raw materials must be abolished. " Imported and ease of entry into the country, as well as activating customs tariffs and the law to protect the national product and the local consumer, "pointing out" to genuinely support the local industry through the establishment of various projects that absorb unemployment and reduce the poverty line in the country, which exceeded Real support for the local industry by establishing various projects that absorb unemployment and reduce the poverty line in the country, which has been exceeded
 Currently 45 percent. "And he stressed" the need to develop practical plans on the ground to promote the industrial sector. "

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Last edited by Proven on Thu 24 Sep 2020, 9:09 am; edited 1 time in total

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A governmental approach to develop the local industry Empty Re: A governmental approach to develop the local industry

Post by Proven on Thu 24 Sep 2020, 8:10 am

Economic reform in Iraq


Tuesday 22nd September 2020
96


Economic reform in Iraq
Sabah Mohsen Kazem



Perhaps the preoccupation of everyone in Iraq is how to advance the economic reality and the long-awaited economic development for four decades, due to the futile wars, the economic blockade and the debt-tie of Iraq due to the successive Gulf wars, after the sun of freedom, hope was legitimate towards prospects for advancement, but the delay in development projects, and the emergence of a phenomenon Financial corruption, then the "Corona" pandemic and its consequences led to the cessation of economic activity. The Iraqi society looks forward to providing a decent level of services, as in neighboring countries - with educational and health services and various sectors.


Iraq, with its topographical diversity, can invest in its land from the marshes environment, agriculture and archaeological tourism, with the capabilities to develop oil industries in (Basra, Amara, Nasiriyah) and to invest in the Samawah desert that extends to the Saudi borders, while the presence of the holy shrines in Karbala and Najaf makes them a destination for visitors from all countries of the world if it is developed as it does. Saudi Arabia around the city of Mecca or Iran in the holy city of Mashhad, Turkey, and the interest in its religious monuments, and Egypt with its Pharaonic civilization, has turned to establish an industrial base after establishing electrical stations and important transportation routes.


The completion of the strategic Al-Faw port project, which makes Iraq an important corridor for global trade, is an economic necessity, at a time when economic reform (industrial-agricultural) is facing a state of confusion. The advancement of Iraqi development is what is expected of every future elected government.


In his book (Economic Reform in Iraq Between Theory and Practice) on page 25, Dr. Abdul Rahim Al-Shaddd confirms that the concept of economic reform: (It is an expression of the policies that make domestic expenditures in harmony with the available resources by creating a combination of financial, monetary, commercial and exchange rate policies. To ensure the existence of aggregate local demand that matches the composition of the aggregate supply, as well as adopting measures that stimulate the goods and services sector, adopting microeconomic policies that seek to achieve efficiency in the use of resources by eliminating price distortions and promoting competition, as well as reducing administrative control, which leads to the restoration of The internal and external financial balance, reducing inflationary pressures and reducing their negative effects, leading to an improvement in the balance of payments ...).


The reform package appears with the development of the economic performance that is reflected in the individual's life, and the lifting of the daily suffocation that society suffers from ... and thus the realization of the dream of the desired economic well-being, if the politician seeks to work carefully for his countrymen, the Iraqi economy is able to revive.

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A governmental approach to develop the local industry Empty Re: A governmental approach to develop the local industry

Post by Screwball on Fri 25 Sep 2020, 6:12 am

Boom...it’s close

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