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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Academic: improving the balance of payments to achieve high levels of production

    Rocky
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    • Post n°1

    Academic: improving the balance of payments to achieve high levels of production Empty Academic: improving the balance of payments to achieve high levels of production

    Post by Rocky Tue 22 Jul 2014, 5:48 pm

    Academic: improving the balance of payments to achieve high levels of production



    7/23/2014 0:00

    BAGHDAD - Farah pumice

    Academy considered that the balance of payments Iraqi suffering a structural defect, especially since the economic sectors in the country is able to achieve high levels of production for several reasons, the most important aspect of security and low investment.

    The balance of payments is known as a summary of the financial transactions that take place during a certain period of time, between a country and various foreign countries.

    The Dean of the Faculty of Administration and Economics University in Mustansiriya Dr. Qusay al-Jabri: The balance of payments Iraqi suffers from structural imbalance, regardless of the past, noting that he scored Account includes a set of accounts, including the current account and the account movements monetary gold transfers from one party and the other.

    He pointed out that this imbalance as a result of the inability of the economic sectors to achieve high levels of production, attributing this to several reasons including the security side and the low investment, which in turn affected the security aspect, as well as the problems of power outages and other obstacles are all led to the deterioration of the investment climate, and therefore did not is to achieve satisfactory levels of production in the non-oil sectors.

    Also refer Jabri this imbalance to the trade imbalance, especially given that the country's exports, mostly oil and imports a variety of goods and services, so it's not easy to improve the balance of payments during the short term, because he suffers from structural imbalances in the Iraqi economy, and expected inability of the country to achieve a balance in sectors of the economy during the short term.

    It should be noted that the trade balance is the difference between the value of imports of a country, during the period, and the value of its exports, as it is one of the important economic indicators lies its value in the analysis of its components and not in its absolute value, for this it is necessary to know the quality of each of its components and the restructuring of any the proportion of the raw materials or semi-processed or manufactured to total imports or exports.

    As Al Jabri noted that the deterioration of the investment climate prevents the local private sector and foreign lead its full role in the production process, especially as the Iraqi investors prefer to invest abroad for the convenience of the investment climate, foreign Either he does not want to invest in Iraq, but in the oil sectors.

    He stressed that the country needs a system of measures to improve the investment climate, which is bound to start to build a strategy for national peace, as well as measures complementary legislative, legal, and most important amendment of the law of investment, in addition to re-formulate measures single-window of what constitutes upheaval to the foreign investor.

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