March 20, 2010
Economic: economic experts: Iraq needs new approaches to contain the economic problems
بغداد - حسين ثغب BAGHDAD - Hussein Tgb
Institute initiated the economic reform of Iraq to discuss the economic challenges and the next stage to provide approaches to the economy and a clear-cut for those who will ascend the ruling in Iraq during the elections of the new ..
A number of specialists in economic affairs in all economic sectors and the professional world stood at the most important economic plants ..
Targin exit doors from the various problems.
Signs of public support and disagreement on what has been put to the present.
In the atmosphere that led to the formulation of new ideas from which to start towards achieving economic growth ..
And to return Iraq to the site of the most important country in the world geographically.
As well as the possibility of using this site and mechanisms that must be followed to restore the country recover again.
Seeing economic expert Kamal pointed out the need to diagnose difficulties and obstacles that impede the progress of Iraq and by reflection, you can select strategic economic priorities for the next stage highlighted by a failure of the structure of production and operation.
Industry, as it contributes 1% and the Iraqi government has an estimated 192 State-owned enterprises employing a total of (800000) individual.
And suffer all these projects from the technological backwardness and progress.
After the events of April 2003 she suffered a lot of projects from looting and destruction.
Became the majority of these projects and low productivity and a financial burden on the state.
Because of the efficiency of these projects to generate revenue necessary to cover production costs.
The government is now obliged to provide support of $ 2 billion dollars ..
Agriculture contributes 3% of gross domestic product, knowing that the arable land constitutes 20% of the area of Iraq.
And approximately 75% of irrigated agricultural land suffers from salinity caused by poor management of perfusion.
Basri said in an interview with (economic morning) that the follower of the structure of production notes that it is not balanced.
Dominating the oil sector on the rest of economic sectors.
It also notes the absence of harmony between the employment rate (employment) of the hand, and the contribution of the productive sectors in the gross domestic product.
He pointed out that this distortion in the structure of production calls say they have disguised unemployment and a decline in productivity.
And that leads to poor wages and salaries and low living standards.
And that this structure leads to the subordination of Iraq to the fluctuations in oil prices, and highly dependent on non-oil imports and vulnerable to external inflation.
Either by weakness in the investment environment, find that the national development strategy of the Ministry of Planning in 2006 that the necessary expenditures for reconstruction, which requires available for the period from 2006 to 2010 equal to 187 billion dollars.
When calculating the amount of actual investment allocations for the same period, we find that the total equals $ 66 billion.
Including conclude that the percentage of deficit in investment allocations equal to 65%.
Here comes the need to search for other funding sources to raise the standard of living of citizens.
He pointed out that the current investment environment is characterized by the existence of an investment law with a lot of the necessary incentives.
But the challenges facing the business is the inflexibility of the state apparatus in the interaction required and the absence of commercial banks that can highly flexible rapid response to the requirements of businessmen, and the weakness of the insurance companies.
As well as the existence of phenomena not reflected different administrative discipline.
All these factors contributed to make the investment environment is weak compared with other countries
Here we find the need to create appropriate conditions for attracting and encouraging business and qualified contractors.
And issue instructions to enable the Authority for Investment and ministries to reduce red tape and get approvals and the establishment of single window.
And controls that would not receive all the non-integrated (to reduce the delay in transactions) and a time limit for consideration of transactions and facilitate the opening of bank credit.
The role of monitoring bodies was and still is for the purposes of sound, but the results suggest that they were an obstacle to delay many of the business.
Adviser at the Ministry of Planning and Development Cooperation VA ئق Abdul Rasul said at an event for (morning economic) said: from 1980 to today, and in light of the high population of 21 -30 million people did not witness any development of its infrastructure has deteriorated significantly, but as it was before this date thus making it impossible to be in need of billions of dollars to achieve economic advancement and pointed out that the country's resources must be allocated to infrastructure development in Mwasal and bloodied through the mechanism of action built Alanip maintain existing and build other complementary fit with global developments On top of we need to separate the management of state revenues from the government.
The spectrum of the Council the establishment of a specialist by an elected group having responsibility for the management of oil revenues.
He pointed out that oil revenues should be drained at home by logging into the private sector in the areas of profit and non-profit and private sector prefers to work if the specifications to create a global investment and achieve sustainable development in Iraq.
Either on behalf of Jamil Antoine has gone towards the importance of activating the private sector of the immigrant.
Especially that many of the businessmen Iraqi investors who put their money overseas contributed to earlier in the rebuilding of Iraq.
Indicating that the return of these legislative decisions need to encourage the Iraqi private sector to come back and work and support the state and raising the economy.
Which necessitates the private sector to give greater opportunity than they are now indicating the importance of enacting laws that do actually invest in Iraq with the beginning of the new electoral mechanisms and to avoid the previous work in the field of management and implementation of projects on the kinds of odds.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.alsabaah.com%2F&anno=2
