Fayez: years ago of budgets and economic development funds received for Iraq to be distributed according to the needs of ministries

Iraq occupies the last among centers of the world in economic strength index for the year 2013

BAGHDAD - Ahmed Darraji

Attributed the economic occupation of Iraq parliamentary index falling behind in the economic strength of this year to the confusion and lack of clarity of economic policy.

Stressing at the same time «The past budgets, which did not find any economic development but merely incoming funds for Iraq to be distributed according to the needs of the ministries.

A member of the Economic Commission Amer Al-Fayez (citizen) said yesterday that the whole last period and Iraq clinging to economic بسياسيات is fixed.

He is true we have moved to a market economy, but it seems that we do not take the practical steps that we came to a market economy as a whole.

Pointing out that there is confusion and lack of vision and lack of clarity in the economic and development policy because we were preoccupied with terrorism and work to combat financial and administrative corruption.

He «The past budgets which did not find any economic development but merely incoming funds for Iraq to be distributed according to the needs of the ministries.

The Al-Fayez to that there a law in the House of Representatives has not been enacted yet to establish the Economic Council of Iraq, which is mandated to economic development or governmental committee working now are the some of the changes and amendments to adopt economic policy fully in the country and is working on multiple resources because Iraq is now a single supplier which oil only.

Fayez stressed «The next strategic plans as decimal or five-year plan we will work on multiple materials for agriculture for the border areas and ports, such imports are routed including develop the Iraqi economy.

Saying «The plans primarily is to develop the necessary banking industry to the issue of investment and attract investors.

Noting that one المعرقلات that stands to bring in investors who contribute to the upgrading of the Iraqi economy are banking policy and limited action is appropriate with global developments in the field of banks, all of these steps will be to go to them.




Iraq is still a single supplier and policy متخبطة.

The Institute to British يغاتوم in London revealed the occupation of Iraq ranked 130 in the world in terms of economic strength index and in accordance with the general index for the welfare of the annual prosperity through the year 2013 issued by the Institute itself, which covered 142 countries around the world.

The report points out that «most people would agree that economic prosperity is not just material wealth, and so they take into account the indicators reflect the happiness and satisfaction of citizens in their daily lives, and their ability to build a better life in the future.

And assesses the human capital index 122 countries make up more than 90% of the world's population by measuring the contributing factors and motivation for the development and distribution of trained manpower and sound and capable.

It consists index of several criteria are education, health care and the labor force and employment, enabling environment, according to the results of the index, ranked Switzerland ranked first in the world in the general index, followed by Finland, and Singapore.

Regarding the Arab countries came Arabia ranked first and twenty-UAE in the eighth twenty, having achieved a thirteenth place in the index measures the strength of the economy, while followed by Kuwait to be the second Arab and third place thirty globally, Morocco 82 globally, Jordan 88, Tunisia 91, Lebanon 98, Algeria 99, Egypt 108, Syria 122, Yemen 135.

The report noted that the Arab region include two in a high human development too are Qatar and the UAE, and eight countries in a high human development are Bahrain 48, Kuwait 54, Saudi Arabia 57 and Libya 64, Lebanon 72, Oman 84, Algeria 93, Tunisia 94. Norway ranks highest order of the first ten countries in the index global prosperity to come after Norway, Switzerland, Canada, Sweden, New Zealand, Denmark, Australia, Finland, the Netherlands, and Luxembourg, while The United States ranked eleventh, while befell Germany with a strong economy ranked 14th globally, followed by Austria and the United Kingdom in sixth place century.

For it came as Singapore and Hong Kong two Alasewetan Almottagdmtan in the top 18 and 19 respectively, while in South America and Latin was replaced Uruguayan first ranked thirtieth globally, followed by Costa Rica, in occupied Russia ranked 61.

Report showed this year's decline in the United States in the index of economic growth to ranked twenty-fourth, where the superiority of the South Korean economy, New Zealand and others on the U.S. economy in terms of the pace of growth, after having been dominated in previous years at the top of the list, to be able to offset Norway Americans and sit at the top in terms of this indicator.


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