********* Parliament encourages economic privatization

2/10/2014 0:00

Stressed the importance of multi-state resources and not rely only on oil

BAGHDAD - Shaima Rashid

Confirmed the Economic Committee in the House of Representatives need to revive the economic file, which is the backbone of the strength of any country, calling on the government to give this file more attention and to submit draft laws developed and the trend towards privatization within the government program, especially as the possibilities of the government alone is not enough for the advancement of all sectors of this file .

The program includes the government of Prime Minister Haider al-Abadi all of the relevant requirements of the transition from a totalitarian economy to a market economy as an optimal solution to the challenges facing the national economy.

He called a number of officials and economists earlier the government to adopt a government program includes a vision of modern economic and a new mechanism for the management of the country's economy through the use of research, experts and leave the mechanisms of old, while suggesting to the drafting committee, the government program that all of the proposals included in the program.

A member of the Economic Commission Ali al-Maliki, explained that the economic profile of the government needs to work great because it is very deteriorating and needs major repairs.

The MP said Maliki in a statement the "morning": that the economic profile of the Iraqi spiky and deteriorating for many reasons, including war, and needs to be fixed very large even up to a good level, indicating that a deficit in the budget, with the existence of a state of war is a very big problem.

"The treatments that lie in the work of ministries and committees completed formations and begin monitoring and if they needed to proceed with the laws," noting that the parliament is working with full force in order to vote on any draft resolution to serve until the government pays the wheel of the economy forward.

For his part, called on the member secretary of the Economic Commission of the mass change Bakr attention to the agricultural sector, commercial and infrastructure and revive the trend towards privatization within the government program.

Baker said in an interview for the "morning": that the government program for the Prime Minister has a broad lines and the comprehensive economic programs, calling attention directed toward other economic resources such as agriculture, industry, commerce and not rely only on oil.

The MP said the government program is greater than the energy and the government is far from precise, indicating that the government can not implement all the programs in four years, especially that these programs need to ability and financial allocations are enormous and sophisticated possibilities are not government-owned.

Baker called on the government to focus on one program and leave the other governments coming, expressing its full support for the government in case they possess sufficient financial ability to support each of these sectors, criticizing go a large proportion of the budget to the operational side, not investment.

And suffer the Iraqi government a lot of problems in the economic file, including the old laws that hinder investment business in Iraq and the accompanying bureaucracy hampering the government's efforts today in attracting foreign investment into the country, in addition to the many problems caused by the policies of the former regime and the events experienced by Iraq, including the escape national capital and foreign to the outside after the events of 2003, and she went to neighboring countries and not to return in the absence of legislation that make the appropriate investment environment.

In addition, between a member of the Economic Commission Chanchal Harith Al-Harthy, that is the duty of the parliament and government to work together to improve the economic profile and interest in all its aspects, whether in the agricultural sector or industry.

Al-Harthy said the "morning": that the Economic Committee in the House of Representatives was in the process to consider all the laws that serve the economic sector and help the advancement of it, as the government on its part by preparing the laws concerned with this aspect which is no less important than other aspects.

The MP stressed that the next government will have to adopt the economic file management in new ways better than the previous, during the start of the implementation mechanisms and legislation and pass laws in the economic sector concerned.

It is noted that after the year of 2003 the infrastructure of the industrial sector in the country to offer a fierce attack foreign importer, offset by the weakness of the potential operation, to stop the 100 thousand factory work of the total 145 thousand factory and the rest of them threatened to stop because of the inability of government support her.


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