Parliamentary economy calls for amendment of the Investment Law

Date: 07/03/2015 09:16





Information / special / ..

Invited member of the Committee on Economy and Investment parliamentary Najeebeh Najb, Saturday, to amend the investment law in a way serving the investor, indicating that the value of non-oil revenues in the budget of the previous governments, the volume amounted to 5% of the value out of the real expenses.

She said Najib told / information / "The economic crisis in Iraq today came because of the continuing decline of the prices of the world's oil," indicating that he "had passed in this crisis in 2008, but it did not affect us and did not get to the savings and austerity stage."

She added that "in the shade situation that is going through the country from the fight" Daash "and the displacement of dozens of families requires us to harness all efforts in order to provide funds sufficient to cover the war requirements and the provision of humanitarian requirements for the displaced," pointing to me that "it requires opening the door for investment and amend the law Investment in serving the investor. "

And called for "adjustment of government Banking Act must be according to what serves the investor to open up to the fertile investment environment owned by Iraq," pointing out that "the value of non-oil revenues of the budget in the previous governments, the volume amounted to 5% out of the real expenditure value" .


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