Demands to direct national capital to the local labor market
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Yesterday, Tuesday, the Turkish Statistics Authority announced that the Iraqis ranked third among the people who buy real estate in Turkey during the month of December. An economist called for creating an appropriate environment that allows investing Iraqi capital in the local market and making it achieve the highest levels of benefit.
The economist, Afif Al-Rayes, said in an interview with Al-Sabah: “Incentives for Iraqi capital investment inside Iraq represent an imperative at the present time, in order to create a local capital cycle that contributes to reviving all sectors without exception.”
He pointed out that “moving work in a specific sector contributes to revitalizing the various support sectors directly and indirectly, and it also works to address the problem of unemployment, and here it is necessary to work towards studying the reasons for the departure of local capitals outside the country and work to address them, and divert their destination to the labor market.” National ».
The Turkish Statistics Authority said in a report: “Home sales in Turkey to foreigners decreased by 18.6 percent in December 2022 compared to the same month of the previous year and became 6 thousand and 386 homes. Antalya ranked first with two thousand and 465 homes, and Istanbul ranked first.” The second, with sales of one thousand and 968 homes, then Mersin, with 663 homes.
She added, "Turkey sold during the year 2022 of the current year 67,490 homes to foreigners, with an increase of 15.2 percent over the same period of the previous year."
The commission also indicated that “the Russians topped the rest of the countries in the most purchase of real estate in Turkey during December, with a number of two thousand and 403 homes.” The Iranians came in second place, with 675 homes, the Iraqis third, with a number of 435 homes, Ukraine fourth, with 306 homes, and Kazakhstan fifth. And the number of 266 houses ».
Iraqis have topped the list of home buyers in Turkey since 2015, but their ranking fell to second place after Iran at the beginning of 2021, before falling to third place since last April after Russian domination of Turkish real estate.
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