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Parliamentary Economy: Investment dropped because of the security situation, corruption and administrative routine

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Rocky


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Parliamentary Economy: Investment dropped because of the security situation, corruption and administrative routine



November 26, 2015


He confirmed a member of the economic and investment commission parliamentary MP Najiba Najib, Thursday, that there is a significant decline by international companies and investors in Iraq because of the security situation, while the state has made ​​it clear that standards to enable them to increase the proportion of benefits for companies that want to invest in Iraq .

The MP Najiba Najib, the security situation and the war against Daash and occupy a large area of ​​the territory of Iraq to make everyone who has a desire to invest in Iraq take back his vision.

She stressed that there is a significant retreat by companies and investors to work in Iraq.

Najib added that the state has standards to enable them to increase interest rates for companies that want to invest in Iraq.

She noted that the administrative and financial corruption that exists in Iraq and the lack of facilities at home to make international companies wary of investing in the country.

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