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Experts: The absence of an economic vision undermines national production
Economical 2023/08/03
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: Nafeh al-Naji Weak
laws protecting local products and the absence of oversight are two main factors in flooding the local market with imported goods and commodities. Despite the availability of a large production of foodstuffs and other materials that are manufactured in Iraqi laboratories and factories, they do not take their full due in comparison to cheap prices. The price of the importer in front of it.
Economic analyst Karim Hamzah told Al-Sabah: "We believe that the local industry must be supported and protected by the central government in the face of random importation of goods that do not conform to specifications and are often not examined."
He added, "The government, with its various agencies, can protect national industries and support the private sector, by imposing some taxes on imported foreign goods. Thus, we will ensure that the Iraqi citizen gives preference to our national industry in his choices, especially if this coincides with the existence of high efficiency and quality for this national industry."
The local market is witnessing a significant increase in spending levels with the increase in prices, which put great pressure on the volume of daily spending of the Iraqi family, in conjunction with the high cost of real estate and rent allowances, in addition to a clear increase in the cost of medical treatment, medicines, electricity fees, ampere withdrawal, in addition to transportation costs, which made Make it beyond the limited capabilities of citizens.
The head of the Federation of Industries, Adel Akab Hussein, told Al-Sabah: “The Federation of Industries contributes with other parties in the state to drawing up economic and industrial policy in the country,” explaining that “until last year, we registered in the union nearly fifty thousand industrial projects, and there is twice that number.” unregistered projects.
Hussein pointed out, "After 2003, we witnessed many factories operating without permits and at random, and the spread of a state of disorganization due to the absence of an economic vision in the country and the lack of interest in developing the industrial base, in addition to the continued openness of the borders wide to the foreign importer." In addition, the head of the Muthanna Chamber of Industry, Faleh Al-Hateimi, says: "The real defect is represented by the high operational costs of the factories. For example, the price of fuel allocated by the Ministry of Oil is sold to factories at high costs, such as the brick and plaster factories, Al-Noura and other private sector facilities."
He added, "The other problem is that most of the private sector factories were built in the seventies, eighties, or nineties, which were characterized by a development renaissance at that time, and still use old and outdated production methods," noting that "this old technology of building factories needs a hundred workers, while Modern roads are more productive, save time and fuel, and are of higher quality.
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