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The oil sector, the most advanced in the past year
Date: Mon 02/01/2012 6:32
□ Baghdad / follow-up term economic
Economists said the oil sector is the sector most advanced in the past year 2011. They said in a statement (of the Agency news) is that other economic sectors witnessed a significant decline Kalzerai, industrial and tourism.
A member of the Finance Committee MP Haitham Jubouri that the industrial sector has seen significant growth as the liver of the Iraqi economy huge losses, the fact that local industry is still traditional in spite of the large number of manpower.
and Jubouri the development of the agricultural sector Balotfiv too which is not equivalent to the size of ambition, while the the only sector which has taken great interest by the federal government after a year (2003) is the oil and then comes after health.
The Jubouri's Agency (news): The oil sector has witnessed three rounds of licenses, which led to attracting investment companies worldwide to him, and thus improved the quality of oil derivatives, and extraction and exploration of oil and gas exploitation associated with the extraction of oil, which was previously burned in the air.
He pointed out that the health sector has developed a year after (2003) through the entry of a variety of medical and new devices to-date health and global (Kalmfras) and other devices medical needs in Iraq.
He noted Jubouri that the Iraqi economy is moving towards a socialist economy (inclusive), and turn it into a free market economy only safety we hear the tongues economists and state officials, calling for development of serious steps right about this transformation and the advancement of the Iraqi economy.
For its part, confirmed the Member of the Economic and Rep. Nora Salem's Agency (news): The oil sector in Iraq is the one who has seen much development in the first place from the year after (2003) and yet, as a result of political conditions in particular.
and warned Salem from down the industrial sector, since (1980 ) and so far, noting that the development of the oil sector came through investments and the drilling of new wells,
said Salem that international companies specialized in the extraction and exploration of oil fields and high global oil prices are all factors that stimulated the oil-producing countries to move towards the development of oil fields and discover new ones.
The : The Iraqi economy was deteriorating year ago (2003) and worsened thereafter, as a result of the security situation is stable over the country, which led to a decline in the Iraqi economy and make it economical one-sided, in addition to the absence of economic visions clear to the federal government in the process of developing strategic plans for the advancement of economic sectors all.
For his part, economic researcher Hussein star to that of the oil sector is the only one who witnessed the development of economic sectors after a year (2003) and so far through investments and the entry of companies through licensing rounds, the first, second and third, while other economic sectors witnessed slow growth did not reach the proportion of ambition, but in these circumstances is good.
The Star: The Ministry of Oil has the progress and success in the management of oil production and raise the rate, although it does not fit with the ambition that Iraq has oil reserves huge, but this progress is good according to the circumstances of the country.
He continued, as well as the agricultural sector has evolved, but is very slow because it still depends entirely on small, while large projects are missing in this sector, and even the manufacturing processes of food it is still parked there is no local capacity to compete with food imported.
The economic researcher that some economic sectors witnessed a remarkable development, but did not reach the level of ambition sectors such as housing through the process of attracting investment and construction of housing units.
The banking sector has evolved through (SEC) of Iraq, because the policy bank in Iraq, good and works properly, leading to the development of the banking industry in Iraq
and described the star as significant Iraqi tourism to the local economy because Iraq has a large religious tourism as well as the famous archaeological sites.
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