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Economists: Iraq lacks strategic planning to stimulate the economy DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Economists: Iraq lacks strategic planning to stimulate the economy

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Economists: Iraq lacks strategic planning to stimulate the economy Empty Economists: Iraq lacks strategic planning to stimulate the economy

Post by RamblerNash Sat Nov 18, 2017 10:39 pm

Economists: Iraq lacks strategic planning to stimulate the economy

Economists: Iraq lacks strategic planning to stimulate the economy 3682


Economy News Baghdad:

A number of specialists in the economy, that Iraq lacks strategic planning to stimulate the economy, indicating that the private sector needs to several actions to activate it.

"The Iraqi government lacks strategic planning despite the existence of a number of national strategies, development plans and a package of measures to support the private sector," said economist Menqat Abdul-Jabbar al-Bakr during a discussion paper presented at a seminar on "Private Sector and Decision-Making" Adding that "the most important obstacles facing the strategic planning is the lack of conviction of its benefits and the importance of strategic planning of many of the government leaders, which withdrew on the private sector."

He stressed the need to "launch a national strategic vision for Iraq until 2030 to build Iraq and develop infrastructure," noting that "it is necessary to develop integrated strategies for agriculture, infrastructure and tourism to develop a strategic direction to serve sustainable development," noting that "poor performance management is one of the most important The obstacles facing implementation in Iraq, which requires the consolidation of a central body in the Prime Minister's Office responsible for following up the achievement of national goals and large projects and development initiatives through communication, coordination and cooperation with ministries, the province and the provinces.

He called for the modernization of the Industrial Development Law, the executive arm of small and medium-sized enterprises and start-ups, which is supposed to coincide with the draft of the Industrial Cities Law, especially in the composition of the Council of Ministers and be a hub for entrepreneurs in their training.

He pointed out that "the role of civil society organizations in achieving sustainable development, as well as activation of the Civil Service Council Law," explaining that "the private sector in Iraq suffers from internal and external problems affecting the progress and prosperity, including the difference that is living and non-unification and the government's neglect of his voice and corruption."

"The weakness of investment and the lack of a clear strategy, although non-oil investments can create new jobs with a new perspective of growth and development, which contributes to the expansion of production capacity and the implementation of efficient projects, transfer of knowledge and technology and improve the chances of stability and standard of living," pointing out that " Iraq is interested in building a solid economy that is resilient, it must improve the climate of business and investment. "

On the other hand, the economist Samir Attar said that "the Iraqi reality away from the implementation of the market economy because of the difficulties related to the transitional reality, including war and the deterioration of oil prices," noting that "the activation of the Iraqi economy is through the strengthening mechanisms of monitoring and evaluation and adoption of management, To adjust policies in the event of a change in circumstances and reconsider the provisions of government contracts. "

He pointed out that "activating the private sector is through the promotion of collective action and interaction with the policies put forward by the federations and associations and the development of work practices"

On the other hand, said the President of the Center for International Private Enterprise " cipe ", Mona Zalzalah, "These workshops aim to reform the Iraqi economy, but a clear threshold on the executive power due to poor representation in the session," noting that "the lack of legislative presence of this meeting confirms not Its importance in economic reform. "

Meanwhile, the deputy chairman of the Iraqi Economists Association, Bassem Jamil Antoine, said that "activating the private sector is through the legislation of the law protecting workers in the private sector, which employs about 4.5 million people."


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