Steps needed to move toward a market economy

08/20/2013 12:00 AM

 Baghdad - شكران the Fatlawi
Economic expert called for the need to determine the implications of economic reform and its priorities, including identifying priority to move from a totalitarian economy to a market economy, pointing to the need to provide sound foundations necessary to achieve a smooth transition at the lowest possible cost as well as complete the necessary legislation and put it into practice.

D said. Emad Salem »Sabah» can not achieve economic development unless there are radical changes

Alluding to the need for accurate identification of the economic challenges in Iraq, and the design of public policies and agreement on inter principles and perspectives relevant to determine the form of the state and to agree on the nature and on its foundation and then characterize the economic system and define the role of the private sector within this system and this in turn requires a clear vision of the decision-makers.

He Salem that the process of public policy-making in Iraq faces a major challenge is reflected in the non-application of the provisions of the Constitution of 2005 related to economic affairs, stressing the face of this challenge to proceed without delay to study the Constitution first and agree on the interpretation and clearly defined her or modify some of then do drafting mechanisms policies and institutional frameworks to transform these terms and constitutional articles to a united and supportive factors for the transition to a market economy and not vice versa.


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