Transformation of the open market economy requires an objective study

At a time when the economy requires solutions that contribute to the achievement of a comprehensive development identified economic expert among other points that will revive the private sector as an actor in the implementation of the development process by moving the wheel of investment, it requires - according to Alkhbayr- overcome the obstacles in front of money and investors capital that stands at the head those points which he described as "also capable of increasing the rate of development." The economist said Faris Abdul Wahab Amin expert: "The stage now requires pivot to deliberate economic policy Taatcyr with the status quo, noting that transforming the economy after 2003 to a market economy requires an objective study, because the totalitarian regime was dominated for decades by 99 percent as a sector in phase ". The Secretary of the "morning": that any sudden change for the introduction of the private sector to the development process without extensive and in-depth feasibility studies will generate problems. "It is very important to benefit from these global experiences because it is not possible that the Ministry of Planning and privatizing the economy without a transition because the majority of government employees dealing with the public sector controls; and Aimitlkon idea about the role of the real private sector in achieving economic development, rapid and effective leapfrog."


 And "that the privacy of Iraq in this field requires a gradual shift to a market economy, pointing out that the British economy turned in 1979 by Prime Minister Margaret Thatcher, from the public sector to the private sector through the privatization of studied were using companies global private banks to carry this process specifications attract investors ".


 Explaining the need to educate that all employees of banks, employees and government sectors and ministries with jurisdiction Kozara planning and financial importance of the role of the private sector and its potentials enjoyed by far from red tape and bureaucracy and the freedom to move and manage his money faster than banks and public sector companies in a way. He pointed out that the economic backbone of any country is the private sector, which is determined by the function of public services, pointing out that there are examples such as China and economic transformations when he moved to the private sector development to become one of the important countries as well as Russia. He continued Amin: So we need international companies to provide us with an integrated approach to the process of privatization in the banking sectors and transforming their work into what supports all productive sectors. " 


He pointed out "that the companies stuck factories textile factory in Hilla, where, for example, in which more than 500 tissue machine and there are working to cover the investor needs of production, which Masiguena the investor to study the introduction of the investment process in this factory." He noted "that the most prominent Maieiq industrial investment in Iraq, financial and administrative corruption, Emasineks negatively on the foreign investor who is always looking for profit-making through the offer of good products and services that will be mutually beneficial between the government and the investor." He stressed "the importance of finding important laws designed by specialists believing the process of economic development and the role of the private sector." He explained that "the investor when he is sure that his money will return a certain interest rate and ensure that it will ensure that profits continue to seek stable environment from which to economic development, including doubling encourage investment.

http://www.imn.iq/archives/175565