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The absence of private sector representation in international fora miss investment opportunities
07/24/2013 12:00 AM
Consolidation trends to support the economy
Baghdad - Mostafa Hashemi
The researcher Suhad economic virgins that the dispersion of the Iraqi private sector institutions and distancing itself from some of which led to the erosion of the real role that could be played by the sector in the current phase, which represent the true Transitional market economy.
He confirmed in a statement (morning): The absence of formal representation for this sector in the forums and international economic forums miss the opportunity on Iraq to bring in foreign investment.
This comes at a time in which it invited a number of economists, specialists and academics to find common ground pool private sector representative as a board or body to take its role and real actor in the development process, and drew virgins to the issue of representing the Iraqi private sector in international fora and that there is a lack clear views Official represent it, which may miss the opportunity to define the true reality of the investors to invest in the country.
She pointed to the need to supervise agencies and economic commissions government to establish an official body representing the private sector instead of having bodies or unions represent some of the joints of the private sector union businessmen and the Union of Industrialists and chambers of commerce and others.
Confirmed virgins importance of expediting the establishment of hand represent the Iraqi private sector because There are calls from the points of international economic local private sector, but met the individual and do not represent all of the private sector, pointing to the need to unify the visions in this area, calling at the same time government agencies to speed up the establishment or the establishment of an official and recognized to represent the Iraqi private sector in the forums and global economic fora.
And the importance of the presence of the leading private sector sees economic academic d. Majid Baidhani that there is a clear fragmented private-sector organizations. He told the (morning) that it is necessary to have a representative of the real sector where we note the presence of National Business Council of Iraq, and Exporters Association and other organizations that must unite and intensify their efforts in the service of the economy and actual direct in the process of economic development of the country.
Baidhani said the survival of these unions and blocs without unite cause the dispersion of the private sector and not being able to consolidation clear مطاليبه on legislative issues and to reconsider the intersecting and overlapping laws. His new adviser in the Iraqi Institute for Economic Reform, Dr. Ahmed al-Husseini his call for the establishment of the Division in the Ministry of Finance be competent partnership between the public and private sectors and enactment of a law to regulate the practices of their partnership. Husseini said in a statement (morning): that the main problem facing the process of paying growth and economic development is the dichotomy is clear between the public and private sectors. noting that there is an urgent need to enable the private sector today after monitoring weaknesses President, said al-Husseini that there is a limited role for the private sector and the incentives for the advancement of this sector is almost non-existent,
as The decline in rates of electricity and water supply for drinking and the continued backwardness of transportation networks and the sharp decline in industrial and agricultural capacity formed the most prominent obstacles to the growth and development of the private sector and provide an attractive environment for investment.
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07/24/2013 12:00 AM
Consolidation trends to support the economy
Baghdad - Mostafa Hashemi
The researcher Suhad economic virgins that the dispersion of the Iraqi private sector institutions and distancing itself from some of which led to the erosion of the real role that could be played by the sector in the current phase, which represent the true Transitional market economy.
He confirmed in a statement (morning): The absence of formal representation for this sector in the forums and international economic forums miss the opportunity on Iraq to bring in foreign investment.
This comes at a time in which it invited a number of economists, specialists and academics to find common ground pool private sector representative as a board or body to take its role and real actor in the development process, and drew virgins to the issue of representing the Iraqi private sector in international fora and that there is a lack clear views Official represent it, which may miss the opportunity to define the true reality of the investors to invest in the country.
She pointed to the need to supervise agencies and economic commissions government to establish an official body representing the private sector instead of having bodies or unions represent some of the joints of the private sector union businessmen and the Union of Industrialists and chambers of commerce and others.
Confirmed virgins importance of expediting the establishment of hand represent the Iraqi private sector because There are calls from the points of international economic local private sector, but met the individual and do not represent all of the private sector, pointing to the need to unify the visions in this area, calling at the same time government agencies to speed up the establishment or the establishment of an official and recognized to represent the Iraqi private sector in the forums and global economic fora.
And the importance of the presence of the leading private sector sees economic academic d. Majid Baidhani that there is a clear fragmented private-sector organizations. He told the (morning) that it is necessary to have a representative of the real sector where we note the presence of National Business Council of Iraq, and Exporters Association and other organizations that must unite and intensify their efforts in the service of the economy and actual direct in the process of economic development of the country.
Baidhani said the survival of these unions and blocs without unite cause the dispersion of the private sector and not being able to consolidation clear مطاليبه on legislative issues and to reconsider the intersecting and overlapping laws. His new adviser in the Iraqi Institute for Economic Reform, Dr. Ahmed al-Husseini his call for the establishment of the Division in the Ministry of Finance be competent partnership between the public and private sectors and enactment of a law to regulate the practices of their partnership. Husseini said in a statement (morning): that the main problem facing the process of paying growth and economic development is the dichotomy is clear between the public and private sectors. noting that there is an urgent need to enable the private sector today after monitoring weaknesses President, said al-Husseini that there is a limited role for the private sector and the incentives for the advancement of this sector is almost non-existent,
as The decline in rates of electricity and water supply for drinking and the continued backwardness of transportation networks and the sharp decline in industrial and agricultural capacity formed the most prominent obstacles to the growth and development of the private sector and provide an attractive environment for investment.
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