Participants: developmental regions capable of activating the economy

11/10/2014 0:00

In the workshop «morning» consensus on its importance

BAGHDAD - Hussein al-Tamimi Tgb thank Fatlawi - Farah pumice

Addressed the workshop «morning» (government program .. opportunities and challenges), which carried the title war correspondent Haidar thanks and organized by the Sabah Center for Strategic Studies in the presence of a group of politicians and economists, who stressed the need to follow the government program, especially as the symposium this workshop comes two months after the announcement.

The program mattress and a wide signals contained, according to Dr. Frank. Mahdi Keywords near discuss who explained the law of the mixed sector companies and industrial cities, and said, "when the work force is increasing in the community is a gift, but when you do not invest may turn out to be a curse."

Noting that "by 2016 will use a smart card instead of the ration to get the ration card items, and we will become a government program in the vocabulary 2015 2018 Five-Year Plan."


Developmental province


Wade participants spread the idea of the development of the regions as an alternative unspoken for use regional or sectarian of the founding idea of the regions which usually exploit the materials 116 121 of the Constitution of the Republic of Iraq in 2005 and received a worksheet economic hub of Dr. appearance of Mohammed Saleh for political purposes aimed at dismantling the national unity of the country and constitutional based on the the provisions of Article 119 of the Constitution itself, it is possible to give priority to the idea of development the region as an alternative to the idea of provincial territorial, he was collecting the provinces of Karbala and Anbar, Babil, under the name of development the region to central and western Iraq, and to encourage this type of new regions, sees the benefit of the need to allocate no less than 10 percent, or more than the investment budget of the federal ministries.

He pointed to the development of strategic crude oil output after determining an optimal point in crude oil production source and not six million barrels per day, after which directs extracted from crude oil production to be input to projects refining or local petrochemical whether national or international joint Since maximize the added value of wealth depleted.

For his part, Aattabrris National Investment Commission d. Sami al-Araji, subject to reconsider the implementation of projects in a manner of payment on credit important thing, especially there are specialized international companies have a desire to work according to this principle, pointing out that the industrial paper on the subject of economic reform took Mdyatea must be implemented to assure home and abroad.




Creditable point light


The government program and a national, comprehensive and constitutes a creditable light point in the history of Iraq's political and economic, in the face of the strongest challenges of corruption and terrorism.

 As well as the growing deficit in the GDP and the structural imbalances inherited atrophy and productive machine that is what brought him an economic expert intervention d. Ikram Abdul Aziz, which inquired about the beginning of economic reform where you are under Mdyate is limited to contain the fall in crude oil prices, and how they will finance it.

 In the meantime businessman Issam al-Asadi demanded the establishment of institution concerned with the private sector linked to the premiership as a sector in supporting the government sector, with the aim to encourage and support the local product various commodities and goods, with the importance of getting rid of the mixed sector and turning to the private sector, which has succeeded in achieving abundant earnings in company Baghdad soft Drinks and Hotel Babylon, for example.

Revive the industrial sector stood then director general of the Iraqi Trade Bank of dry Hamdiya said: Activating industrial production contributes to economic development, and the manufacturing industries in Iraq achieved great economic feasibility, especially since the oil country formula can be crude oil turned into many products cover domestic consumption and issue a surplus in both cases what Bhafez financial Ras cycle within the country.




Large accumulations


The private sector was present claim all parties to activate its role during this phase, which saw the transition to open market economy, said economic expert on behalf of Antoine: The broad and large economic program and stands on a large accumulations, indicating that the mechanisms implemented starting from encouraging government employee on faith economic approach free, and credits in front of government departments are beginning to open the field for the private banking sector and then comes the other steps, respectively.

While between d. Mustafa Mohammed importance of increasing the share of young people in the labor market by enabling young people from the labor market and increase youth access and cultural events change the concept of the need to work with the tax exemption for economic projects such as reducing youth cargo transportation costs.

While Ray and former oil minister Ibrahim Bahr al-Ulum said part of the solution to the fiscal deficit in the budget is not a problem of the Kurdistan region's commitment to pay the oil revenues issued by the province of Kirkuk, and fields that are estimated at $ 8 billion as a result of non-compliance with the agreements as a result of political deficit.

The Bank of Baghdad Director Mohammad Ali Jaber has stressed the importance of amending the law of private banks in particular Article 28 of investment in industrial and agricultural projects, noting that the private banks in the private sector suffers from the deduction of deposits in banks.


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