Parliamentary economy emphasizes the activation of investment and the protection of the local product
After adjustments have been made to the paragraphs of the law is Off
BAGHDAD - morning
It stressed the economic and investment commission in Parliament, on the need to invest in the economic recovery, especially after the amendments it was a stumbling block in front of investors.
He said committee member Rep beautiful Obeidi said in a statement: "There is a movement since the beginning of the budget in 2015 and was the Economic Commission plan in coordination with the Commission on the economy and investment in the Council of Ministers to seek the advancement of Iraq and revive the economic situation and we have started to amend the amended investment law in 2006 and a second amendment him because he was bump for the movement to invest in Iraq. "
She said the MP that "any country that wants to be built correctly, be the first to protect the national product," afterthought "can not be imposed by law to protect the national product directly as it must be preceded by steps such as the promotion of agriculture, industry and so when the customs tax imposed on the entry of any goods have domestic production which is available and there is a self-sufficiency of it, "follow-up" The recommendation reference to this aspect excellent, the second support of the people by demanding the government adjusted its policies toward agriculture, industry, investment, and encouraging labor and the reduction of unemployment and even the migration of young people. "
Iraq has been an economic crisis as a result of the adoption of the budget by about 90 percent on imports of the source of oil, which has led to a significant decline in Iraq's resources, as a result of lower crude prices since the middle of last year, reaching its budget in 2015 about $ 100 billion deficit expected up to 25 percent.
The religious authority, indicated during a sermon last Friday prayers in the words of its representative in Karbala, Mr. Ahmed net that «the weakness of economic planning and the lack of an integrated strategy to provide financial resources for the country is prices of the oil, aspect of corruption, especially that our country suffers from a failure to invest its resources and potential many correctly, calling for those responsible for the revitalization of the agricultural sector, its importance in achieving food security by providing job opportunities from the other side ».
[You must be registered and logged in to see this link.]