Attorney-Maliki stresses the need to establish economic reform council

Attorney-Maliki stresses the need to establish economic reform council

Saturday, June 29 / June 2013 12:07 | | |


 

{Baghdad: Euphrates News} stressed member of the Committee on Economy and Investment parliamentary Abdul Salam al-Maliki on the importance of passing a law establishing the Council for Economic Reform to draw the country's economic policies and plans for the development of various vital sectors.

Maliki said in a press statement received by the agency {Euphrates News} copy of it on Saturday that "the economic policy of the current unclear and no one knows who determined and manages its own affairs," noting that "there is a kind of blur in their management," and wondered that "The Ministry of Finance or The Ministry of Planning or the parliamentary economic committee are determined by orientation?? ".

And suffer economic sectors in the country severe neglect by successive governments, despite the availability of economic fundamentals that stimulate investment and boost the Iraqi economy.

Maliki has demanded "the establishment of a special council of economic reform regard to economic policy and determines the orientation and supports investment and works on the functioning of the private sector in the country through the development of strategic plans of development and oversees the implementation and address all the failures experienced by now the Iraqi economy."

"The investment has a key role in the development of the local economy and must find a vision of a new economic order to support the investment," noting that "despite the fact that the government's move to increase the proportion of the investment budget and submit it to about 40% were important and good, but this is not enough, We develop this area more in order to support the economy and raise the level of per capita income through the development of the private sector and other sectors such as industry, agriculture, tourism, as well as the development of infrastructure and not rely only on oil resources. "

And wondered Maliki "policy direction of the current economic," stressing "the need to expand the sources of income and not total dependence on oil," noting that "this matter will give returns wide and will have a positive impact in all the joints of the country, noting the need for indicators lead better monetary policy and get rid of the foreign debt and monitoring of public budgets and the rate of inflation and the level and size of investment, "he said, calling the executive branch of the" control of the security situation in order to provide a suitable environment for economic development and attract investors. " ended


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