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Investment climates

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1Investment climates Empty Investment climates on Sat Jul 20, 2019 12:22 am

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Investment climates

Friday 19 July 51
Thamer Hymes


The United Nations says the improved security situation in Iraq encourages investment, praising the role of the Prime Minister's Office through the National Operations Center, in facilitating the missions of international agencies in terms of political, humanitarian and development aspects.

This constitutes a positive support for the investment law and activates it, and this motivates us to seriously review the achievements and climates of the first half of the current year and according to the ministerial curriculum, despite our knowledge of the new and established obstacles before and after the issuance of the curriculum.

From the legal point of view, in order to ensure the smooth flow of the investment portfolio, we note that the effective commercial law that made the private and mixed sectors complementary to the public sector, in its article 132, means that there is no place for the private sector distinguished and makes our environment repulsive for investment, The Baath Party.

Bremer's economic laws, in particular, do not create a state of institutions in response to its transition, and the investment climate in the oil industry, for example, is incomplete without the oil and gas law.

The administrative aspect of its old, modern bureaucracy is also still incomplete without a service council to put the right man in his proper place, regardless of the considerations that continue to act as the cause of all non-objective obstacles.

In the file of water resources, for example, we find that what is allocated to it is the least in terms of dams, reservoirs, systems and river cisterns, which may threaten our food security under importation
Random.

On the development side, only a few months left of the current year, and loans from small and medium-sized enterprises, monitored by Central Trillona and 700 billion dinars, have not been disbursed by the relevant banks at a time when the housing crisis is growing, Percent of our manufacturing industry and absorb unemployment for dozens of related professions.

Moreover, the housing industry, with its prosperity, is a great challenge to the depleted importer of our difficult currency. If we were to control our market, we would have to pay $10 billion.

The role of the Ministry of Planning is to highlight the role of the Ministry of Planning, And outputs, and the marking of this is legal, since electric power is an absolute priority as an infrastructure, it is impossible to imagine any sector that grows without it.

In spite of all this, we do not deny the achievements of the projects during the last period, despite the fact that they are low and do not rise to the level of investment in the governorates. Level Ambition.

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