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Samir Nusairi: The contents of his new book (my vision for economic reform in Iraq)
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Samir Nusairi: The contents of his new book (my vision for economic reform in Iraq)
http://economy-news.net/content.php?id=14431
Samir Nusairi: The contents of his new book (my vision for economic reform in Iraq)
20/11/2018
Samir Nusairi: The contents of his new book (my vision for economic reform in Iraq)
20/11/2018
Economy News Baghdad
Economic and banking consultant of the Association of Iraqi Private Banks and member of the International Union of Arab Bankers Samir al-Nusairi announced Tuesday, and Muslims in Iraq and in Arab and Islamic countries all celebrate the birth of Mr. Muhammad (r) on the issuance of his new book, which was printed by the Union of Arab Banks in Beirut and sponsored by the Association of Banks Iraq in a statement singled out by the Economic News that "the book is a volume containing four books looking at the economic repercussions in the Arab mobility and banking reform the first step of economic reforms in Iraq and the methodology of economic and banking reform and Iraqi Central Bank in the face of the challenges of the economic and financial crisis and the limits of the number of pages (800) pages of medium size. "
Al-Nusairi explained that "the volume book contains a condensed summary of his vision and interest in reforming the Iraqi economy and its continuous follow-up to Iraq's special circumstances and the challenges it has faced over the past four years and the policies of overcoming the economic and financial crisis it has suffered on its way out of it. The banker below is a summary of the contents of the book ...
The majority of countries, especially developing countries and Iraq, one of which depends on the methods and economic system on the thought, philosophy and ideology that the political system believes in and based on the economic resources, human and natural infrastructure and structural and available to the economy and strategic objectives to achieve the well-being of society and the basic needs of the people and make it feel that His political system is working for his service and building his future, but under the political, security and economic conditions that our country is currently living in, especially the reality of the economic crisis and the economy. This crisis has its current and future causes and effects due to the sudden drop in oil prices in the world market, which is Iraq's main economic resource, which is about 60% of the GDP and 95% of the GDP. Revenue
In addition to the confusion of the economic vision deep in the background and the reality of the Iraqi economy rent and the migration of national capital abroad because of the subjective and objective conditions above and instability in the business environment.
What interests us here is the Iraqi economy and what is new in it What are the degrees of development and underdevelopment in its main workshops and what are their implications for sustainable development? And what is our economic strategy and our reform program so our vision of economic reform was based on insight and transparent and logical analysis of the reality of the Iraqi economy.
Therefore, the volume in your hands represents visions and proposed policies for economic reform in Iraq consistent with our realistic, analytical, transparent and neutral view of building a sound national economy. We present it to researchers, experts and university professors for the purpose of discussing, enriching and strengthening them with ideas and proposals. The policies and ideas presented in the volume book are a program and a reformist approach. I call on the Cabinet and the new government to take it into consideration when implementing its governmental platform.
Al-Nasiri said that the general framework for his vision of economic reform include the following:
1. Draw up a road map at the strategic and progressive level to reformulate Iraq's new economic approach, which depends on re-evaluating and evaluating the institutional and structural structure of the national economy and identifying the precursors of transition to a market economy.
2 - Activation of the decisions reached by the expert committees formed in the Council of Ministers in 2015 for each sector of economic implementation of the road map for each economic sector and the implementation of these decisions to follow up, monitoring and evaluation.
3- Forming a joint legal committee between the government and the private sector to reformulate, amend and issue new laws and activate all the laws issued and currently suspended, which govern the management of the economic process and serve the implementation of the roadmap, which is approved, all the laws of the legislative environment that regulate and manage the Iraqi economy in its new curriculum.
4. Reconsidering all federations, associations and organizations formed by law or administered by internal regulations and establishing the private sector council. Its functions shall be as specified in the private sector development strategy for the years (2014-2030) starting from a purely Iraqi experience that is consistent with every Iraqi core in awareness, culture, The Mashreq, which we see with optimistic eyes and work according to the principle of (we disagree in politics and unite the economy) because the people do not achieve their well-being, happiness and prosperous future without a strong national economy contributes to the construction of all and the foundations of this construction is available in Iraq.
5. Involvement of the private sector in economic decision-making by revising and evaluating the institutional partnership bases and activating the partnership law, which was issued several years ago and did not implement and represent the private sector in the Supreme Economic Council, technical and specialized committees and opinion bodies in ministries and in the Council of Ministers.
The development of the National Savings Fund (Generations Fund), the Construction Council, and the Development and Investment Bank. The private sector contributes 80% of the capital and 20% is contributed by the government. The private sector is managed by the market economy mentality and is subject to the supervision of the Financial Control Bureau. .
7- Supporting the local product and activating the local product protection law and the consumer protection law. Our slogan is for the next stage (the importer is complementary to the local production and not a substitute for it).
8. Re-review and evaluate the Iraqi banking sector and its development and development through government support and review of the structure of bank financing in Iraq towards the development of productive sectors and the shift from the economy of rent to productive and diversify sources of budget revenues.
9- Establish a central follow-up body that is affiliated with the Council of Ministers and represents the private sector. Its tasks will be to follow up the implementation of the decisions of the Council of Ministers, its instructions and its development, reform and service policies.
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