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¶ foreign investment contributes to amend the Trade Balance
4/21/2016 0:00
[rtl] BAGHDAD - Mostafa Hashemi
Economic researcher said state fair that a foreign investment in the productive sectors that there is a real trade balance for Iraq milder.
It is intended balance of trade (BOT) , an acronym
for (Balance Of Trade) as a measurement of the overall difference between exports index (production) and imports for goods in the state, one of the components of thebalance of payments, it is also one of the important economic indicators , which lies itsvalue in the components of the analysis and not in its absolute value.
Adel said in an interview for «morning» It is important to encourage foreign investment and the provision of facilities for the adoption of single - window to get the right balance in the trade balance.
confirmed researcher importance of expediting the adjusted trade balance for Iraq being suffers imbalance clear because of the increased volume of imports to the volume ofexports non - oil amid the absence of the policy of import deliberate.
she stressed that Iraq possesses vast potential for economic success , but it is not exploited properly due to lack of vision drawing economic policies as a whole, as well as they have not been in development properly service.
confirmed just that the launch of investment in the productive sectors he needs is acountry in this circumstance being a help in providing job opportunities as he would also contribute to raising the level of production and thus lead to an increase in the gross domestic product. He pointed to the need for adoption of field studies carried out by theministries and departments sector for the purpose of reality which can determine theactual need for import and what can be produced inside the country evaluate whether the product is the private public or.
And felt that the increase in the proportion of the investment program allocations in thetotal investment budget of the state and give responsibility to set up local projects in thegovernorates such as projects of educational, health, municipal services, water, sanitation and state [/rtl]
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