Call for the adoption of structural reforms away from the oil resources

Call for the adoption of structural reforms away from the oil resources


4/28/2015 0:00

BAGHDAD - Mustafa al-Hashemi
The direct implementation of the necessary structural reforms of the economy and the diversification of financial resources of Iraq away from the oil of the things that achieve a jump in the country's economy and achieve an attractive environment for investment Alajunbah.otbrz importance of diversifying economic resources after that fought the Iraq experience lower oil prices and being forced to reduce spending on development projects, Maidau to speed up the application of studies and strategies related to activate the various productive sectors, even if recovered oil prices returned to previous rates in order to complete the process of development.

In this regard, see the economic researcher Maha Ihsan thanked that the role of the private sector today is very limited and that the incentives that encourage the advancement of its reality such as legislation supporting and activating the economic laws required strongly, as the credit systems and access to limited funding requires rounding the prospects for openness and cooperation between the public and private sector to raise the proportion of the latter's contribution in the formation of GDP She added in an interview with "morning": that the existence of development plans the framework for scientific ensures positive results to achieve promote economic growth as the country possesses a successful industry and the production of various sectors to provide all the factors of raw materials and expertise and local labor-market and accommodate Iraqi output.

She stressed the importance of the Iraqi economy transfer to him the priorities of developed countries by employing financial capabilities enjoyed by the economy, according to international standards away from corruption and wastage in the areas from which the development of society and the economy at the Ahd.oachttemt her speech emphasizing the importance of activating the strategies and plans that were completed during the last few years for the purpose of confronting the challenges of the total economy and reduce its negative effects, calling to follow a sectoral economic policies and the formation of trade policy contribute to create a balance in the market between production and import.


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