##### For the Committee on the economy: Supports the Council of Ministers in the development of the Council of the highest for the economy

| Dated 2013-05-18

Electronic integrity

Supports the for the Committee on the economy and investment introduction of the Council of the highest for the economy under the chairmanship of Deputy Prime Minister for Economic Affairs.

And said a member of of the Committee Salman al-Moussawi in a statement received rectitude electronic "a copy of it" we send out a book a formal to the General Secretariat of the the Council of Ministers affirm in which that the committee support the development the Council of the highest for the Iraqi economy featuring and زرات financial and the oil and of Planning and of Commerce and Industry and Agriculture and the Central Bank the Iraqi and Office of Financial Supervision and General Secretariat of the the Council of Ministers and of the the national Authority for Investment and is headed by Vice-President of Minister for Economic Affairs. "

And explained that "the of this Council takes the it upon himself to the task of converting a Iraq from the the economy of the Socialist to a market economy in addition to the facilitate the the investment process in the country."

And continued that "the this Committee will be presented its recommendations to the the House of Representatives Council with regard to the laws that require the real deal and that hinder the investment and of economic projects." And has increased The "These of the Council differs from the of the Supreme Council to support investment because the Manmamh broader view of the investment process and include all projects of an economic nature."

And have indicated to the Committee on the economy and investment the parliamentary on April 8 its support for the the formation of the Council of the highest for the Investment shall be managed by the head Minister Nuri al-al-Maliki. And acknowledged Iraq by the in the of 2006 of private No. 13 law in investing to encourage the of foreign companies to enter the country and to contribute to with the the government's efforts to Emaar crumbling infrastructure induced of wars and the siege

And amendment, which conducted by the Iraq on the law in the the year 2009 has allowed to the foreign investor the right of Owning real estate and territories property belonging to the the State of determines the according to the system allowance a special, and has a also the right of Owning real estate and territories property belonging to the the two sectors the mixed and private for the purpose of the establishment of of housing projects on them.


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