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Economy first Empty Economy first

Post by RamblerNash on Sun Sep 02, 2018 12:13 pm

Economy first

Economy first 9772

Dr. Bassem Abdel Hadi Hassan


Dr. Bassem Abdel Hadi Hassan

At a time when politicians are preoccupied with the formation of the largest bloc, economists are still preoccupied with solutions that can be submitted to the new government to overcome the current crises and achieve public demand, especially in the provision of basic services and job creation, and with each new ministerial formation renewed hope we have a better future, That Iraq has all the qualifications of economic advancement, but the problem has been and is still in the management and mis-selection of officials in ministries and economic institutions and thus the ability to understand the role required of the public sector on the one hand and the private sector on the one hand

Other .

It is clear today that the public sector is unable to participate in commodity production due to the depletion of this sector for known reasons as well as the shift in the methodology of managing the economy towards a market economy as stated in the Constitution. For his part, the private sector also was unable to achieve commodity production Despite the increase in demand significantly over the past years due to the shift to the service sector after the profit margin in the latter sector beyond the productive sectors as well as the decline in competitiveness with the foreign importer as a result of dumping in the Iraqi market, it The one who called for Iraqi producers to shift to the trade sector .

In my opinion, the best solution from my point of view is to stimulate foreign direct investment to enter the Iraqi economy because it has the ability and experience to enter and develop the productive sectors, but the important question is how can this be achieved? Especially since we have not been able to succeed in the file of foreign investment despite the passage of more than a decade on the legislation of the law

Investment .

I believe that the investment file did not take sufficient governmental attention, and frankly if I were close to the new prime minister to advise him to hold periodic meetings with the investment bodies in the same manner as the cabinet meeting, as standing on the problems of these bodies and solving obstacles to investors is the most effective way to reach economic success and limit the role The government in strengthening security and infrastructure development and providing services that play the private sector to enter, and here suggested that the new government's logo economy

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