Experts call for the adoption of development policies to move the economy

13/07/2015

Economists stresses the need to adopt development policies that contribute to move the economic wheel, when the government was considering the development of future plans to support the Iraqi economy.

And calls on the Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge adviser in an interview with Radio Free Iraq the central bank to adopt a new strategy to contribute in overcoming the economic crisis experienced by the country, by facilitating banking transactions and activate the bond movement, as well as supporting development projects and help sustain them, so as to contribute in the advancement of the sector of the economy in Iraq.

For his part, stresses the economic expert on behalf of Jamil Anton on activating the role of the public and private sectors, including helping to implement the development projects that could reduce the unemployment rate, pointing out that the Iraqi economy is moving randomly, and stressed the need to develop to ensure the plans governing the general economic philosophy of the country, as he put it.

In the opinion of Trustees body member of the Iraqi Institute for Economic Reform contrary goldsmith that the allocation of funds to industry and agriculture in the general budget of the country, will help to increase the size of the financial inputs of GDP, and contributes to urge factories and farmland owners on the implementation of the long-term development dimension projects, including ensure the return of life to the Iraqi industry and agriculture.

According to economists, the Iraqi economy is facing many challenges because of the country's dependence on oil as a resource basis in the achievement of the total gross national product, without activating the rest of the other economic sectors.

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