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Economic bankruptcy warning
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Re: Economic bankruptcy warning
Oil economies are one-dimensional threatened with bankruptcy over the next five years .. this warning issued by the World Bank, which tracks the repercussions of the global decline in the price of oil and the impact on countries that mainstay of its economy is oil and the price of oil, Iraq and one of those States.
It is disturbing that such oil-producing countries (Iraq - Libya - Nigeria) facing existential challenges drain its economy, which now stands on the floor of a fragile but stable is the price of oil, Iraq is fighting a decisive war, a very costly war of its economy weak mainly because of the absolute unilateralism in this economy and adoption exclusive on oil and the oil market, in the complete absence of imports of non-oil of the Iraqi economy intervention, Agriculture and Industry, their activities do not achieve the improbable by exports, while religious tourism do not achieve improbable well because of the facilities that are given to religious regiments of tourism such as cancellation of the visit fees (visa) or very reduced at a time can this tourism accounts for the strong and improbable, especially that most of the religious tourism centers in Iraq, far from the hot fronts places and enjoy the stability of a security relative good.
The private sector is far from providing the national economy for many reasons, most notably the lack of trust between government agencies and the private sector. The other Kaltorueh and archaeological attractions, they are suffering from misclassification and development and the lack of the elements of the tourist attractions, in addition to that an important part of those places has become unsafe, and were destroyed another section and stolen in the absence of security and control over the management of those areas.
What makes the World Bank warning more serious is that the global economic indicators point to the growth of major economic crisis may be level or stronger from the global economic crisis in 2008, its poor economic data and control the movement of stock markets and business dealings markets, the weakness of the global financial liquidity and the reverse shows which affected the movement sell stocks and stock prices, absence of liquidity is a brand firm on the existence and growth of the economic crisis may explode Faqaatha soon in the face of the world, and will come out of them with minimal losses those countries that founded its economy on stilts and multiple dimensions, and have the ability on the internal management of its economy away from the pressures of the global economy, such as that administration can not be achieved only if there is an internal exchange between the public and private sectors, and confidence in the laws, and security.
We are not in this group of countries for administrative reasons and the weakness of laws and regulations and the absence of the present link in the future program planning and proper support and professionalism in the national framework without any other consideration of sectarian or political interests. But solutions are possible in the event of an economic strategy based presence phased achievements stations, to be a major target in the strategy is to make the oil contained within the range of imports of the Iraqi economy, as is the case now in certain economies until recently from oil economies, one-dimensional, but they are now Tourism and management of exhibitions and Astmtharih sovereign funds to pay for the risk-based linking its economy one dimension crisp manipulating the conflicting interests Vtjolh dimension is Amn..oho oil. And the beginning of the solutions is to put a specific time period (three months) to re-reviewing and updating laws that encourage the entry of the private sector in the system of the general national economy, and to go to the agriculture policy intensified in the safe areas in the south and fertile through the privileges and incentives, for example, the allocation of scholarships seats for the children of peasants in colleges Agriculture provided work in the agricultural fields and development for five years, and to encourage building centers attractions in the safe archaeological areas through partnership in the management of those areas and that the government role only role oversight in management and other operations are all of the share of the private sector rose by a contractual guarantee the interest of both parties balance .
It is important in the development of the national economy, is the movement of products and materials between the provinces, and this will be the responsibility of the modern and advanced tankers national companies have tankers refrigerated strong a presence, to ensure the transportation of agricultural crops with high efficiency from the field, and may be such as these carriers of the share of the Ministry of Agriculture in the proposed National Tanker Company, which should preferably be management board of the private and government sector. In air transport, we believe, that certain countries succeeded with distinction in the establishment of a national transport companies (advanced and competitive airline) lines became those lines of the most important and wanted those nations economy, transport is a vital element in the economy, and the presence of national airline powerful would be a reason for tourist activities and management of Airports as a point of transit, and a reason for private sector investment in the construction of hotel facilities and management because it is uncertain profit in the presence of a strong movement Airports element.
This trend may be the key to a number of doors and multiple imports of the Iraqi economy in case study of the rehabilitation and modernization of the Iraqi Air Lines Inc. and global partnerships with investments with a global efficient companies in the aviation management and airports, it may be the development of Basra airport and make it universally airports specifications competition Papa international investments promising, Valbesrh Excellent flight point and through a link between the global and close to the flight paths of active markets and Hands countries operating in the Arabian Gulf region.
In the final analysis, that the liberation of thinking in economic exclusive supplier of oil is beginning to escape from bankruptcy in the next five years, and such a freedom is a good ground for building multi-pillar economic basis, be away from the vibrations of one-dimensional. * Who specializes in sustainable management
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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