Economic elites calls for investment of natural resources

Economic elites calls for investment of natural resources




09/08/20140 



Iraq IX in the list of countries richer their domain
BAGHDAD - Hussein al-Tamimi Tgb
Iraq occupies the ninth position in the list of countries most affluent in the possession of natural resources, according to reports and statistics reliable international prompting elites economic to call for containment in the economic program of the government which is to discuss the mechanics and suggestions Bashana.vkd the interaction of a large number of economists and government agencies when they evaluate the program's government next in order to revitalize the local economy and production services, in light of this country possess vast natural resources. Participants stressed in a seminar on the development of proposals for the government program next organized by the Iraqi Institute for Economic Reform sponsored by the Company (SOMO) on the importance of adopting mechanisms to combat corruption and the implementation of strategic projects under the supervision of specialized international companies take upon itself the task calendar and referral and follow-up, as well as evaluating the private sector to take its constitutional role in management of the local economy.
Retardation production
Economic expert Dr. Mohammed Saleh appearance richest symposium represent the ideas were balm to the wounds by referring to the country's economic dominance of the 
public sector on the size of the productive sector and the industrial and agricultural sectors, which owns 13 percent of the proportion of the work and the percentage of its contribution to the GDP slim does not exceed 4 percent. Pointing out that the weaknesses lie Other government debt, which is a cost to pay for the salaries of employees of the Ministry of Industry, which approached 13 trillion dinars, as the business environment is complex and delaying investments that are essential to achieving sustainable development.
Infrastructure
Saleh said that the government program requires the adoption of mechanisms to overcome the challenges in the forefront of infrastructure crumbling, as there are six provinces controlled by terrorism have been destroyed and this great challenge requires hard work to achieve safety after the war, pointing out that the challenge, the other is to address unemployment, which reached attribute to 25 percent and is expected to touch 30 percent during the coming period due to the circumstances of the country.
Another challenge is represented interruption roads to traffic in the north and west because of the military operations against the terrorist gangs Daash which requires work on securing this road and bring it back to life again.
Major projects
He demanded the establishment of a higher council for reconstruction to approve major projects and follow them through a foreign company sequence level contracts and type of work, pointing to the need of the country to the provinces development is not sectarian to promote the economy, such as the establishment province shared between Anbar and Karbala, and the establishment of chambers of commerce organizes his work, and that allocates 10 percent of the investment allocations for so provinces, indicating the importance of the advancement of Balstratejah oil and the establishment of manufacturing industries.
A clear vision
As general manager of marketing of petroleum products, "Sumo" Falah al-Amiri, who chaired the conference sessions have confirmed that the Iraqi economy is suffering considerable damage in many of his joints because of previous policies, either after 2003 have not been sustainable economic development, despite the contribution of international and local organizations in the preparation of programs for the development of various sectors, it was unclear how the features of the existence of a real plan for the transition to a free market economy, pointing to the importance to provide a clear vision of the government and support the ideas and recommendations.
Housing Policy
The Undersecretary of the Ministry of Construction and Housing ÇÓĘČŃŢ thistle has stressed in his speech that the National Council of the Housing hand single reference to the file management of housing in the country, and activate the implementation of the National Housing Policy 2010, and overcome obstacles that have prevented it as a model for planning medium term to address the problem as well as the strategy of providing shelter for the displaced and displaced over the long term, pointing to the importance of addressing the phenomenon of random housing which worsened in Iraq in recent times, a problem of economic and social dimensions, calling for commitment to achieving the vision set out in the National Development Plan 2013 - 2017 in the short term for the sectors of housing, roads and bridges.
New institutions
While called economic expert Amer jeweler to embrace the formation of institutions sober new required to drive many of the important economic activity in the light of the recommendations of a number of strategies approved and some of the laws approved and draft laws presented to meet the economic challenges domestically and internationally that is characterized by the formation of new institutions, professionalism, transparency and vision, objectives and policies clear without worrying about inflation and institutional career Given the importance of the new institutions to meet the requirements of change and construction and to establish in accordance with the new methodology.
He said: I recommend this regard, the establishment of the Supreme Council for Tourism and Antiquities to assume the task and responsibility of care antiquities, develop and utilize them as tourist destinations, local and international, and the follow-up obtaining stolen them over time, as well as the development of the tourist activity in accordance with international standards and to support private sector activity, which in accordance with the principles of the strategy to develop the private sector, which was approved by the Council of Ministers, as we recommend compiling drafts of economic laws and regulatory idle prepared by the direct light of the need.
The transition process
Former MP Abdul Abbas Xiaa said that the new government to put in its government program steps to the process of transition towards a market economy in accordance with the Law 19/2013 and granting the provinces more powers in accordance with Article / 122 of the Constitution and enable them to discharge their new responsibilities and the preparation of the federal budget under the new law transfers so that you get the allocations of these ministries to the provinces.
The fight against poverty
The speech of President of the Association of private banks in Iraq and Wadih Handal that the next stage requires expansion in lending activities finite at a young age because of its positive effect on job creation and the fight against poverty and unemployment, calling to encourage the work of insurance companies, especially insurance on deposits and loans in order to get to the image complementary to the financial and banking sector, pointing out that in the detailed legislation pointed to the importance of updating laws and legislation, financial and banking to fit in with the requirements of the current stage and future, such as the Central Bank Law, the law of private banks, the law against money laundering, the law of Islamic banks, the law of the Securities Commission and the Commerce Act and the system bookkeeping business for income tax purposes and the issuance of new laws such as the law firm guarantee deposits and activation instructions investment funds and activating the legal restructuring of state banks.
Point of light
The promised economic expert Ikram Al-Aqil symposium represents a point light can provide a valuable service to the program of the next government, will be issued as a set of recommendations addressing the economic problems and the economic process orientation towards the right path to economic transition towards a free market economy.
Most interventions focused on recruiting efforts of global investment firms for the performance of ministries and invests employee all his time at work and production, and pointed to the importance of focusing on the private sector and the advancement of Bmphasalh including helping to achieve economic feasibility and absorb unemployment .ocd importance of the advancement of higher education, which is the main base for supplying all State institutions needed expertise, and we must develop this detailed and starts from where it has ended the world to reduce the gap with them.


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