Sunday, February 6, 2011

Iraq Economy ~ Activation of the economic sectors in light of the need to possess the elements of the economic advancement ...


07/02/2011

Activation of the economic sectors in light of the need to possess the elements of the economic advancement

بغداد - حسين ثغب التميمي BAGHDAD - Hussein al-Tamimi Tgb

Said Alaa Fahad, an economist at the Iraqi Center Economic importance of working towards activating all economic sectors to work in parallel to achieve sustainable development.

He pointed to the importance of strengthening the productive sectors, and recovered from the confusion that prevailed for several decades, during which he moved away from the process of production and created a complex accumulation of problems within the economic field in general.

Fahd said in an interview (morning): that the industrial sector estimated lifespan of living a reality because of the presence of state-owned companies of which more than (500) thousand employees.

These companies are the most disabled and can not exercise any economic activity and provide salaries for its employees who do not practice their Alozivipladm enable their institutions from entering into the world of production.

He pointed out that the state and in a series of reform programs tried to allocate these companies and offered for investment, but the investment when it comes the first step adopted by the elimination of hidden unemployment and the demobilization of workers redundant, and here we must study it well and not let these numbers without a job but could go out with them by logical not affect negatively on the reality of their social life, either in the agricultural sector there are initiatives for the advancement of the sector in light of the data owned by the country and that help to advance away from dependence on imported crops that supply from different parts of the world, initiative is agricultural taken with the support of the agricultural sector in a vertical to cover the largest area Agriculture in the country, indicating that the results reflected the positive reality, whether in the field of production of plant or animal, and that was relatively, but can be promoted and achieve self-sufficiency has been adopted here if the correct path to stimulate agricultural production.

Fahd continued by saying: that the country is suffering a crisis housing complex took grow as continuous, can not be processed away from the foreign and domestic investment, particularly the statistics attest to the need for Iraq to more than two million housing units and these figures tremendous need to use foreign companies can contribute to solving this The problem, in turn we need to activate more of the Investment Law No. 13 of 2006 in addition to the combination of all state institutions to provide timely and appropriate climate for foreign investment companies.

He added that the commercial sector is suffering from a complex problem is the migration of capital out of the country to start a stage of new investments there, and this in itself represents a loss of the Iraqi economy which is desperately needed today to this money, as well as the amounts of new government is working on its use through investment to revitalize the the business side of Iraq.

And on the law of customs tariff, "said Fahd: This law will serve to limit the dumping of the commodity they are experiencing domestic market, but in return the implementation of this law at this time will affect the economy of the family, because any rate of tax imposed on goods imported into the country will lead to increase the supply of commodity in the domestic market, and thus be borne by the ordinary citizen obstacles rising prices resulting from the adoption of customs tariff at this time.

As no items Iraqi manufactured in the country to display their wares at current prices that suit the citizen, and I think that the application of the law at the present time is misplaced, because we still need to build the industrial sector deteriorating at the earliest joints, as well as the development of the agricultural sector and increase production of plant and animal.

He stressed that the tourism sector today needs to successful tax policy to raise revenue and support the state budget through tourism, recreational and religious heritage, especially that the country is famous sites in all important markets of tourism mentioned.