[size=37]Calls to raise the level of the infrastructure for the development of the Iraqi investment shifts[/size]
BAGHDAD - A Journal News
proved AFESD Iraqi economy experience the domestic savings to accommodate theinvestments needed to achieve the targeted growth rates in the real production sector, and
proved AFESD Iraqi economy experience the domestic savings to accommodate theinvestments needed to achieve the targeted growth rates in the real production sector, and
umay not be production enough to achieve this goal, especially when it collides development effort to allocate resources in the budget to finance current consumption, lack of investment ,which hampers increasing the ability of the economy to provide the elements of self - growth.
In this regard, the economic academic Awad Fadhil Ismail said, "it may be difficult to say that whenever Turn savings rate of increase indicates that the increase allocated to the accumulation of physical capital resources and thus increasing the ability of the economy to bring about a change in the construction of national production, confirming that the decline in production capacities reflecting lower effective domestic investment, said Ismail during the press statement I followed (Journal), "the low rates of investment in the productive sectors in Iraq always come because of the weakness of the infrastructure such as transport and communications, telecommunications, the lack of technical staffs skilled and lack of know-how in the field of organization, management and misuse of scarce resources available." He pointed out that the expected decline in investment efficiency result is a clear rise in production costs that hurt toward paying local prices to rise and increased inflationary pressures and weak export capacity due to lower competitive position of local products in the international markets.
He said Ismail that the economic present system is accounted for by a bundle of contradictions between theory and practice, and gaining these contradictions president dimension to the tasks required for the development of the supply side and diversification, pointing out that the current consumption depletes most of the fruits of the oil boom, which provides funding for the development process as signs palaces severe between different production activities.
He argued that the declining investment rates and efficiency are leading to the dwindling power of relics diffusivity of investment spending in the overall development of production, as well as the development of the Iraqi economy, which is witnessing an imbalance and a clear pattern, you will not receive the attention enough to tame the local potentials as quickly as possible to accelerate growth, indicating the importance exploit the opportunity cost borne by the national economy and employ them in optimizing the use and display of early availability of financial Aloverat.
Ismail concluded by saying, that to get out of trouble to bow to dysfunctional development of production and a subsidiary of the oil sector is not to wrestle revenue about figures but will remain dependent to a large extent the viability supported by economic policy makers of the will to solve these contradictions, stressing that the resources available to the country of abundance, but misuse has led to greatly complicate the economic landscape in general.
With the return of economic Mazen expert pointed out that the infrastructure for nderdeveloped Athai situation better life, work and invest, and that it represents a rules based upon the overall economic activities and events.
He explained during his speech (Journal News) said this of the infrastructure should be provided by government departments, and water sector, fuel sector, the electricity sector, and the sector of roads and bridges. At the same time the private sector is suffering in these sectors of the group obstacles and of the absence of transparency in the financial administration of some government departments and the negligence of the supervisory institutions and financial reports as well as the weakness of the technical and administrative level of the employees of these departments
.
Indicating that the government is unable to provide the necessary funding for the upgrading of all the infrastructure sectors to be parallel with the developments that occur in the region with water and electricity sectors experiencing the prevalence of behaviors growling when citizens and a lack of clear roles of private and foreign investment business sectors.
.
Indicating that the government is unable to provide the necessary funding for the upgrading of all the infrastructure sectors to be parallel with the developments that occur in the region with water and electricity sectors experiencing the prevalence of behaviors growling when citizens and a lack of clear roles of private and foreign investment business sectors.
He pointed back to that this agenda is a set of facts that demonstrate the broad desire in this sector of the different levels in the actual subscription management, development and perpetuation of master infrastructure sectors of various kinds, it is also interested in serious discussion in privatized in strategic her planning and to hold official roles of the largest in its facilities different.
He stressed that the infrastructure plays a key role in enhancing the quality of life of individuals and institutions in any country of the world, whether those government institutions, civil or private, adding that the lifting of the infrastructure level of vital economic and social transformation as having built anchor with outstanding efficiency is one of the most important elements attracting investment and development of the economy and its development, which has a direct impact on the competitiveness of companies and the level of public sector services; as well as to satisfy the basic needs of the population and to provide welfare for them.
But he also said that the overall development process must be accompanied by anchor parallel structure services, aimed at improving the living conditions of citizens by providing them with the physical, social services and the catalyst for the establishment of development projects productive income-generating or support investment, especially since most of the governments and people looking forward to the economic development according to their own interpretations and conditions economic and social Commission for Ta.anthy
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