Bumped ~ 09/07/2010
Economist: Iraqi politicians "paralyzing" the economic movement in the country
Baghdad, The Iraqi economic expert, on Friday, said the delay in forming a government of its negative effects on the Iraqi economy and was the cause of decline in the economic process in the country since the beginning of this year.
The economist said Bassem Jamil Antoine told the Kurdistan News (Akaniwz) "There is a noticeable decline in the Iraqi economy since the beginning of 2010 due to the unstable situation that Iraq is going through," noting that "the delay in forming a government has had a negative effect paralyzed the general situation of economic and commercial and agriculture. "
He explained that "the conflict between the political blocs reflected negatively on the investors, especially foreigners due to the absence of one economic strategy that will work with the next government."
Antoine pointed out that "the political and economic conceptualized together," noting that "delay in economic decision-making by the government and those responsible for the economic process in the country is the main factor behind the slowdown in investment during the past few months."
The Iraqi government has succeeded over the past years through the International Monetary Fund to put off the debt owed by Iraq of all European Union countries remained not only the State of Kuwait, which is holding the file of financial compensation deducted by 5% of Iraqi oil source.
Baghdad, The Iraqi economic expert, on Friday, said the delay in forming a government of its negative effects on the Iraqi economy and was the cause of decline in the economic process in the country since the beginning of this year.
The economist said Bassem Jamil Antoine told the Kurdistan News (Akaniwz) "There is a noticeable decline in the Iraqi economy since the beginning of 2010 due to the unstable situation that Iraq is going through," noting that "the delay in forming a government has had a negative effect paralyzed the general situation of economic and commercial and agriculture. "
He explained that "the conflict between the political blocs reflected negatively on the investors, especially foreigners due to the absence of one economic strategy that will work with the next government."
Antoine pointed out that "the political and economic conceptualized together," noting that "delay in economic decision-making by the government and those responsible for the economic process in the country is the main factor behind the slowdown in investment during the past few months."
The Iraqi government has succeeded over the past years through the International Monetary Fund to put off the debt owed by Iraq of all European Union countries remained not only the State of Kuwait, which is holding the file of financial compensation deducted by 5% of Iraqi oil source.
