Latest topics
Private sector and building the national economy
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Private sector and building the national economy
[size=36][rtl]Private sector and building the national economy[/rtl][/size]
Tuesday 14 July 2020
Academic Dr. Ahmed Al-Rawi emphasized, "The imperative of private sector participation in the construction process, after the state has dominated all economic activities. To achieve this, the necessary legislative and institutional frameworks must be issued to encourage and attract private national investments, especially fleeing national funds, so investment law No. 13 is considered For the year 2006 and its amendments, an essential step in creating the appropriate investment climate so that investment can be encouraged to achieve economic reform through a greater role for the private sector.
Tuesday 14 July 2020
Baghdad / Imad of the emirate
The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports, which sometimes do not meet Iraq's financial allocations to achieve economic growth.
The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports, which sometimes do not meet Iraq's financial allocations to achieve economic growth.
Academic Dr. Ahmed Al-Rawi emphasized, "The imperative of private sector participation in the construction process, after the state has dominated all economic activities. To achieve this, the necessary legislative and institutional frameworks must be issued to encourage and attract private national investments, especially fleeing national funds, so investment law No. 13 is considered For the year 2006 and its amendments, an essential step in creating the appropriate investment climate so that investment can be encouraged to achieve economic reform through a greater role for the private sector.
He continued, "Since Iraq was not prepared to receive private investments, especially foreign ones, it is necessary to carry out a series of economic and legal policies that help in creating an investment environment that encourages the national investor and gives full confidence to ensure his rights through a number of measures, the most important of which is the need for a national framework of laws The charters that form the ground for attracting investments with an institutional framework to receive and encourage the movement of investments in Iraq and provide all the support required for the development of investments. "
Investment activities
"Reforms must be made in policies and procedures regarding investment activities due to the multiplicity of investment departments in state ministries that often intersect with their policies towards encouraging investment, reviving national capital markets and increasing awareness of the importance of investing in securities with the aim of encouraging private savings and converting them into meaningful investments in sectors," he added. Productivity, development and qualification of the banking sector to be compatible with the movement of investment and dealing with international financial institutions, as government banks are still the dominant banking capital in Iraq, and government banks account for 90 percent of banking activity.
Private activity
"The private activity in Iraq has faced obstacles in the forefront of which are the problem of financing and allocating resources, as well as the inadequacy of the investment climate, which created a lack of confidence in the creation of large national investments with the dominance of the public sector on the main economic activities, in addition to the economic policies that were adopted were directed to support the effort The military. "
The narrator said: "The options were limited in obtaining financing through public financial and banking institutions and across the Iraq Stock Exchange for the difficult conditions set by those banks, which often prevents the private sector from being able to meet them, as well as the weakness of non-banking institutions."
Bank financing
He stated, "It is known that a good financial and banking sector provides an appropriate environment for savers and investors and encourages the growth of investment opportunities and helps to develop organized work in private economic institutions, which facilitates monitoring the performance of their departments and encourages institutional development to openness and transparency in corporate management, but the banking system despite the importance Its institutions, however, it was not able to create an enabling environment to revitalize the private sector due to the restrictions and procedures followed in the activity of these financial institutions, as they follow the state and its policies.
https://alsabaah.iq/27667/%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5-%D9%88%D8%A8%D9%86%D8%A7%D8%A1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Sun Mar 10, 2024 5:58 am by RamblerNash
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash
» Frat President Charged With Stealing $267K to Buy Worthless Iraqi Dinars
Wed Jan 17, 2024 5:05 pm by RamblerNash
» Fact Check: NO Record 'Quantum Financial System' Exists Beyond Claims In Videos, Online Articles
Mon Jan 15, 2024 6:15 pm by RamblerNash