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International assessment of the economy and its sustainability

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ebu712


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International assessment of the economy and its sustainability


07/29/2013 12:00 AM

Yasser incumbent
Optimistic frequently exit of Iraq from the provisions of Chapter VII and rely upon the achievement of economic advancement and coincided with the decision issued global assessment of the IMF, which predicted through which to reach the growth rate in Iraq (9 percent), and is now required to Nadim this optimism and Nstthmrh to compensate for the country what he died of evolution and repair, but we note that some malpractices may deprive us of the opportunity to take advantage of them, especially in the treatment of some of the negatives incorrectly and that the processors are made through statements to the media and practices suspicious with international companies and international banks such as that exercised the right of the Iraqi banking sector and deal with the challenges it faces.

I think that handle any error might occur by one of the banks does not require it to punish collectively Per banks and reflected this image to the world is confused and give the wrong idea about the whole sector Vtazv international companies from dealing with him at a time when we are in dire need be to this expertise to rebuild Iraq and reconstruction Thus lost opportunities.

And then treated with the fault must be in a legal way, without affecting the reputation of Iraqi banks are not in these ways that are harmful to the national economy does not attack the media which damages the reputation of Iraq and economic try to Ndimha's the way that international banks are encouraged to invest their capital here in Iraq.

What prompted me to talk about this side is made by the British ambassador of the answer to the question submitted by the representative of the Association of private banks in Iraq, the Economic Commission for Cabinet Nawzad dry at a reception and a panel discussion organized by a number of members of the General Association of Banks with a number of ambassadors about the failure of the companies in Britain and its banks to invest in Iraq, where he said that the companies his own vision blurred from the Iraqi reality and the image of a gray because of the media devoted against the banks that prevents them from coming here despite the cravings have to participate to know potential Iraqi and investment opportunities many but confusion and exaggeration of the media and behind the reluctance.

So this is all about, the impression bad about Iraq to the need them to participate in its construction and the reason is to deal wrong with the problems that we face is normal especially as we are in transition from an economic totalitarian to a free economy, and this is the tax that it incurs because of the lack of dealing with the challenges of running an efficient and rare conducive to investment opportunities and make up for what we missed them during ten years ago on the stage of change.

One of the most important means of maintaining the international assessment of a clear and explicit is away some of the statements that harm the reputation of Iraq's economic and especially those that come by non-specialists and conversant with the knowledge and information about how to handle and deal with the monetary and fiscal policy and leave it to the owners of jurisdiction as that dealing with the problems that facing these sectors are supposed to be transparent legal ways away from accusations haphazardly and outside the media statements issued by both HP and bear without realizing its negative impact on the Iraqi economy and international reputation in this regard.

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