Economist: near the release of important economic laws revive the market and investment
BAGHDAD / newspaper rectitude - revealed the appearance of Mohammed Saleh adviser to Prime Minister Haider al-Abadi Economic Affairs proximity of key economic laws contribute to the recovery of the Iraqi market and investment opportunities.
Saleh said in a statement that "a forthcoming law for cities and industrial industry mixed, and this is very important, and there is a law is for private sector investment, encourage and create Association and strong bond between the private and state sector to stimulate the movement of the market and end the separation existing between them."
He added, "there is also a market-oriented economy is the one who activates development and not speculators and Ctkarion, there are politicians heading for the development of the market."
And the World Bank forecast in check very slight growth in Iraq's economy by at up to 1% said adviser Abadi said, "These projections are based on the quality of imports of the economy because agriculture and industry account for only 5% of GDP in Iraq, and these sectors commodity task It is already weak, and this dilemma and a problem of today. "
And Saleh, said that "the solution is the need for the development of commodity sectors and foci of production, and today the state is moving strongly towards the revitalization of agriculture, manufacturing, and began a strong movement in this aspect."
"The agriculture in Iraq is the private sector by 98% and is not a government, but in contrast, the basic infrastructure for agricultural irrigation, dams and Alambazl and 85% is the relationship of the government list, and agriculture need to protect the local product."
Economic Adviser and pointed out that "the supplementary budget for 2015 found implicit in the budget original, ongoing discussion, the fact that there is a delay in the approval of some projects pending improvement in the financial situation and if what has been achieved this improvement launches of these projects as if they were balancing complementary attached within the budget."
The prime minister Haider al-Abadi said yesterday at the World Economic Forum - Davos "We turn now from the system controlled by the government to a mixed economy more active, as we privatize key sectors, and explore partnerships between the public and private sectors, and entering into joint ventures with international companies," he said "As prime minister, followed a strategy of interdependence, rather than the dominance of state government control over the economy and the dominance of the Baghdad government to local governments, public and private sectors will enter with the central government and provincial governments in partnership."
Iraq is facing financial hardship and a lack of liquidity with a large fiscal deficit is estimated at 60 trillion dinars due to lower global oil prices to below $ 50 per barrel, especially since the Iraq depends on oil rents by up to 85% .anthy 4
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