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Basra paves to be the economic capital of Iraq ( post for bubbies & oogie )

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dealerdean


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An international conference held by the middle of December
BAGHDAD - Farah pumice
concluded conference Businessmen Union in Basra to the need to support a project considered the economic capital of Iraq, which recently held there under the banner "Basra is the capital of Iraq economic ties between politics and maturity," defined it as a point of convergence and communication between countries East-West trade exchange, where a supportive foundation for the national economy to achieve resources parallel to the revenues and the bounties of oil. reform package , an economist and director of the International Bureau of Consulting and International Studies Tawfiq Hassoun said in a statement to the (morning) the need to launch package of economic reforms on the short and medium term based on a review of fiscal policy, banking, and pave the way for turning the economy multi-revenue instead of the economy rent-seeking to ensure access to economic philosophy clearly defined to ensure the advancement of the local economy and protect it from the vagaries of the global economy. pointed to the need to reconsider the laws that are in the focus of the central system and turning without giving flexibility transferable toward a competitive market, as well as giving the private sector a wide area to contribute to the economic development. mechanism trade area and declared intention to hold an international conference expanded in Basra mid-next December concerning the establishment of a free zone international economic in the triangle of FAO, in collaboration with the Iraqi Institute for Reform Economic support the draft Basra economic capital of Iraq, and the establishment of the largest area of trade global free, as well as a review of all aspects of بانجاحه, what is owned to maintain the qualifications of economic enable them to compete with international centers. development of a rational and expert stressed in Reviewing the most prominent themes relating to reforms of economic and financial , the importance of building the development of rational sound to support the Iraqi economy and the transformation of the economy of unilateral economy to multi revenue. between the importance of the shift influential support the global economy and support for many of the industrialized countries, productive and be the land of Basra, a theater and a home for the exchange of global trade, and the development of road transport instead of shipping as applicable now and thus reduce the nearly 50 percent of the cost and time for each manufacturers, producers and marketers and the establishment of the greatest area of Balcon system supply and storage (logistics). called expert to the importance of relying on the private sector and employment laws and regulations in order to build projects that help the investor and the owners of the Iraqi capital in home and abroad and the owners of foreign capital to invest in it country and in Basra in particular, with the need to benefit from the experience of licensing contracts and set apart by the experience of the years that have passed in the field. " audit oversight urged Ali to be an analysis of the experience of specialists on audit oversight based on modern technology and the adoption of Language correction and guidance about the path that achieves the highest results, and supplement the parliament third specializing in audit and control depends modern technology in this area or rely on consulting firms specialized local or foreign to take union accountants and auditors role of the developer rather than relying on formulas traditional. fiscal policy and go on the economic expert in the presentation of his vision for improving the situation of the economy in the country and the call to re-examine fiscal policy and banking in Iraq to give them freedom to act and the abolition of the law of nationalization which was issued against the banks in 1964 and the Banking Law No. (94), which defined the activities of private banks by 50 instead of 200 activities in the world as well as the orientation for the development of and the creation of insurance and re-insurance of all kinds, as well as the development of corporate law for 21 and encourage the private sector to adopt the establishment of joint-stock companies and the issuance of a law to establish holding companies and other " He inhibitor that the "city of Basra, the capital economic of great importance not for Iraq alone but for the world, because all the requirements are available where and the most important site that has not been exploited so far and then placed supplements to these things and the opening of branches of the rating agencies and evaluating performance.



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