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***** An invitation to enact laws governing the work of the productive sectors

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*****  An invitation to enact laws governing the work of the productive sectors Empty ***** An invitation to enact laws governing the work of the productive sectors

Post  Admin Wed Jan 08, 2014 6:37 pm

1/9/2014 0:00

BAGHDAD - Hussein al-Tamimi Tgb

Two students in the economic affairs of the need to accelerate the review of laws and regulations that govern the operation of economic sectors, production and service , arguing the importance of the work to repair the real economy develops all sectors.


Legislation slow

A competent economic affairs Tawfiq inhibitor in a statement the " morning" that work on the review of the reality of the legislation sustained for years by the relevant authorities affairs and international organizations , but it is moving slowly is disproportionate and needs of the country to the legislative environment attractive to capital and specialized international companies to implement quality projects influential in the work economic .


Legal conflict


He pointed to the importance of the laws that determine the economic reforms certain period of time , after which the Iraqi economy is heading for a real development stage through the work of an investment regulator free from any conflict of legal mechanisms to confuse the implementation of the projects .

The specialized government agencies and the Organization for International Development USAID worked for years on the implementation of the program guillotine economic laws .


Management of the currency reform


As a specialist Balchan banking Samir Nasiri has pointed to the importance of reform of management system of currency , especially as the Iraqi Central Bank adopts a system of management of the currency of any transformation of a small amount of currency chasing a large amount of the price of services , which reflect the stage of stability, growth and prosperity , and on this basis, The proposed project to delete the zeros from the Iraqi dinar stems from considerations of good management of the monetary system and the transformation of the mass of cash flaccid to block easy monetary circulation or creativity .




The development of the banking system


He pointed to the need to reform the legislative environment through the creation of a legislative environment banking allow for the development of the banking system through new legislation for banks in line with the current developments and future relating to the banking system and to pass a law for Islamic Banks and reconsider and modify other laws related to monetary policy as a law of the Iraqi market for securities law body Securities Act and money laundering and investment law and the law of registration of companies .


Council for Economic Reform


He said the formation of the Supreme Council for economic reform is the most prominent on the road to reform by taking measures and mechanisms rapid formation of the Council in Iraq that includes the Economic Committee of the Council of Ministers and the Economic and Financial Committee in Parliament and the Central Bank of Iraq and a select group of advisors and experts, economists and bankers take to build a strategy to move the economy from his interlocking currently to a market economy and the contribution of the Iraqi banking sector in economic development and to identify policies and mechanisms to move to the stage of reform of the banking sector and the government sector.


http://www.alsabaah.iq/ArticleShow.aspx?ID=61632

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