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Dahwi: We have to cite Investment in order to attract international companies to the Iraqi Ttoiralaguetsad
3/29/2015
(Independent) .. businessman and economist Ali Dahwi called for a new economic strategies for Iraq to put out much better than the economic situation, which passes it also called for a re-working to change the status of investment in Iraq. Dahwi said in an interview (Independent) with the major problems is the economy based on a single source of income and the spread of disguised unemployment significantly where we have more than 4 million government employees, with administrative corruption and routine and bureaucracy spread like a cancer in the body of Government institutions inherited from economically inclusive systems "and politically" for decades, and this is a major cause of continuous waste of people's money and the state as well as the lack of an attractive investment environment is the absence of sophisticated banking system that serves the sectors of industry, agriculture, tourism and services, as the work of the current bank does not serve even works with middle class and small .
The following is a transcript of the interview:
Regarding the required solutions and Where to begin Dahwi said there are solutions need to be a long time to bring about the desired change and there are solutions require less time than we have to divide the priorities into three stages are topical and medium and long term and the need to look at solutions that provide us with a quick successes (Quick Wins) achieve the realistic gains serve the country and its citizens, we can not afford the expenditure required, even if there were no Daash and there was no drop in oil prices as the state desperately need to increase the income to meet the expenses.
I added people strongly opposed to raising taxes on citizens, though it tends to be the easiest way to express the current stage. The history of states quite clearly shows how the politicians are turning to this procedure to avoid some of the problems facing the economy where they work to increase taxes and preparing their citizens diminishing or deleted after no longer needed, but these taxes remain on the necks of the people and increase government expenditures under various pretexts. So we have to give up on the idea of levying taxes, which will cost the state collected more than payback.
Dahwi pointed out that the biggest expenditures required today are in the sectors of public services such as electricity, water and sewer, public health, transport and communications, which requires us to several quick steps promote these sectors to high levels and removes the burden of state spending is not capable of spending now or in the future, The Gaza electricity.
He said, for example, Iraq needs more than $ 300 billion in order to deliver electricity to all areas of the country and rebuild infrastructure and production of electrical energy sufficient to meet the various sectors, especially oil. Wondering where we come from such amounts to the development of this important sector? So we have two options for Aiii for them either to continue the policy of government spending, which will be limited and slow and delay the desired growth of the country and to take a bold step and fully N_khas_khas this sector is not only part of production.
He explained that the allocation mechanism that is attracting global giant companies with high operational experience in the same field and have the financial and technical ability of the infrastructure required. And this is by giving these institutions work permit from 75-100sna to achieve financial goals. Length must be between 75 to 100 years, due to the high cost of infrastructure and we have to be realistic and do not compare with the countries of licenses were granted, and she had an infrastructure does not need a massive investment that is needed.
He explained that these institutions will be responsible for the infrastructure sector in full and that the Iraqi government is involved income at reasonable rates (5% to 10%) are beneficial to both parties and the emphasis on these companies by subtracting the percentage of shares in the Iraqi financial market so that the young people of Iraq to have a stake in These companies with a portion of the shares to its employees similar to what the rest of the world to achieve payoff here is a winner and everyone in it is called in English ((Win (Win Strategy.
And the benefits to Iraq of the application so reforms Dahwi said the first benefits to provide billions of dollars (infrastructure spending) a year "for the budget for use in Okhry.obina sons necessary expenses of infrastructure upscale ascend the country to Almtaloah levels to Iraq occupies a position between the developed countries and assist in holding down the development Aqtsadeh.okzlk ease the financial burden and administrative burden of government to transfer some workers from Government institutions to the private sector.
In addition to providing employment opportunities to the young and emerging trained on modern technology and administrative systems.
He said also that participation in income will add to the government and to budget large amounts exploited in other areas either of wonder about the development of redundant workers from the need I say that the government is obliged to continue to pay their salaries and this is a national duty, but will be expenses much less and the government needs to provide work for them any It's possible early retirement salary of a full pension.
And on taxes, and that it was possible to collect government even if some of the money through them to fill even a modicum of their ..qal Dahwi I really am not opposed to taxes in general, but we in the circumstance requires us to look at things in a much farther and scientific study before resorting to have solutions do not lead to the desired results.
He said, for example, if the government has to impose taxes on all types of smoke (cigarettes) and by 500% what's wrong with that? And specialty Aaúdyatea of these taxes to adopt medical facilities to treat cancer specifically. Or if we began to raise fuel prices and gradually does not hurt the citizen and to determine the yield of the development of energy production in the future we will have to take action like this and we will raise at that time, at the very least be a sensation in indispensable. Take the roads and bridges in the current our condition we can not allocate the amounts desired her, why not make some of them simple methods used to pay the price Like many countries and these returns Aqtradatna died inception.
And assessment of the reality of investment in Iraq .. Dahwi said very briefly We spend huge amounts of money in lost time and aimless in terms of the tunnels to bring in investment. To assess what Jnenah of everything we have done in the field of investment, we will reach the obvious fact that what we have achieved is very little not worth mentioning. If we introduce a new methodology and serious move by way of investment.
He said we have made painstaking efforts to sell plants and factories, many of which retain it is not feasible economical How can we sell it. No wonder the investor did not buy such a facility? If we have to turn the direction to bring investments to be valid feasibility of generating benefits for the investor side. To bring such investments that we must work we economical feasibility accurate scientific content and we will look for investors.
He said we have to develop the process of door-knocking on the top companies directly and Nzll them all odds and provide them with the ocean's tempting to do their activity. That our marketing process for investment at the present time does not live up to the enormous difficulty parallel to bring the investor to Iraq.
He let's not throw away all Kratna against the security of the country. There are investments take its place in many areas around the world are facing security problems are substantial. Let's take some examples as a sector communications, I do not mean mobile, giant companies come to Iraq to invest in optical cable, which we desperately need it and other giants to invest in the telecommunications ground and we have Tardan There is no good reason for it and here is the disastrous results where we see the situation Kmaho did not benefit the citizen and the state, and no career staff and lost investor who will need greater efforts to restore his attention.
He stressed that the focus of our marketing for investment must go to public services sector first and then Alnaftyh.hat industries sector that oil availability in Iraq are abundant and cheap relatively extracted encourages private investor if we still monopoly investment from the government sector exclusively to open the field to start the policy required the medium term to go to the oil industry replacing with time from dependence on the export of crude oil to export these industries that generate the treasury by 3 to 5 times what generated the export of crude oil. The investment by the giant companies in this area develop a private sector is developing rapidly in the same area provides retaining the services of these companies to start and expand to larger areas.
And on the vision of some experts that the financial corruption is a major reason for the expulsion Alostosmar..qal Dahwi: There is no doubt that corruption is a repellent for investment and especially for large companies. Most of these companies follow the complex systems in their countries or in the financial markets, where its shares are on the table where systems. Such systems exist to protect shareholders and of being a contributor to these companies become keen on the reputation of his company since any occurrence of any process of administrative corruption or financial or payment of bribes lead to significant losses in the price of its shares not to mention the large incriminating and fines and penalties may result in some often to the bankruptcy of companies committed such a crime. So these companies are eager to reputation
And that he saw the possibility of Iraq out of all these crises ..qal Dahwi It is certainly absolutely no hesitation that we eventually will modify and change the laws, regulations, and ways of thinking in line with modern requirements. Our youth has the full ability and desire to their livelihood, and the advancement of their country and achieve their wishes to live harbor and happy after long years of misery. SOURCE
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Kurdistan supports the creation of a private security system in each governorate
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Announced the Kurdistan Alliance MP Adel Nouri, the alliance supports the creation of a security system for each province, directly managed by the local government, and in coordination with the Ministry of Defence. Nuri added in a press statement 'wait inclusion National Guard law for the second reading by the House of Representatives hearings for this week', stressing that the Kurdistan Alliance 'supports the creation of the Iraqi army forces within each province, under the supervision of the entire local government as the problems of the province know ***'.
He stressed the need to have the National Guard in the provinces coordinate with the Ministry of Defense, pointing out that 'in the case of the formation of local forces for each province, the government has given the provinces rights in real participation maintenance of the security file to the conservative defend itself according to the terms of reference to be determined in a certain '. Nuri and called for the implementation of this law and'adm empty of real content of the project which was agreed upon before it is put in the government program and the formation of the current cabinet
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3/29/2015
(Independent) .. businessman and economist Ali Dahwi called for a new economic strategies for Iraq to put out much better than the economic situation, which passes it also called for a re-working to change the status of investment in Iraq. Dahwi said in an interview (Independent) with the major problems is the economy based on a single source of income and the spread of disguised unemployment significantly where we have more than 4 million government employees, with administrative corruption and routine and bureaucracy spread like a cancer in the body of Government institutions inherited from economically inclusive systems "and politically" for decades, and this is a major cause of continuous waste of people's money and the state as well as the lack of an attractive investment environment is the absence of sophisticated banking system that serves the sectors of industry, agriculture, tourism and services, as the work of the current bank does not serve even works with middle class and small .
The following is a transcript of the interview:
Regarding the required solutions and Where to begin Dahwi said there are solutions need to be a long time to bring about the desired change and there are solutions require less time than we have to divide the priorities into three stages are topical and medium and long term and the need to look at solutions that provide us with a quick successes (Quick Wins) achieve the realistic gains serve the country and its citizens, we can not afford the expenditure required, even if there were no Daash and there was no drop in oil prices as the state desperately need to increase the income to meet the expenses.
I added people strongly opposed to raising taxes on citizens, though it tends to be the easiest way to express the current stage. The history of states quite clearly shows how the politicians are turning to this procedure to avoid some of the problems facing the economy where they work to increase taxes and preparing their citizens diminishing or deleted after no longer needed, but these taxes remain on the necks of the people and increase government expenditures under various pretexts. So we have to give up on the idea of levying taxes, which will cost the state collected more than payback.
Dahwi pointed out that the biggest expenditures required today are in the sectors of public services such as electricity, water and sewer, public health, transport and communications, which requires us to several quick steps promote these sectors to high levels and removes the burden of state spending is not capable of spending now or in the future, The Gaza electricity.
He said, for example, Iraq needs more than $ 300 billion in order to deliver electricity to all areas of the country and rebuild infrastructure and production of electrical energy sufficient to meet the various sectors, especially oil. Wondering where we come from such amounts to the development of this important sector? So we have two options for Aiii for them either to continue the policy of government spending, which will be limited and slow and delay the desired growth of the country and to take a bold step and fully N_khas_khas this sector is not only part of production.
He explained that the allocation mechanism that is attracting global giant companies with high operational experience in the same field and have the financial and technical ability of the infrastructure required. And this is by giving these institutions work permit from 75-100sna to achieve financial goals. Length must be between 75 to 100 years, due to the high cost of infrastructure and we have to be realistic and do not compare with the countries of licenses were granted, and she had an infrastructure does not need a massive investment that is needed.
He explained that these institutions will be responsible for the infrastructure sector in full and that the Iraqi government is involved income at reasonable rates (5% to 10%) are beneficial to both parties and the emphasis on these companies by subtracting the percentage of shares in the Iraqi financial market so that the young people of Iraq to have a stake in These companies with a portion of the shares to its employees similar to what the rest of the world to achieve payoff here is a winner and everyone in it is called in English ((Win (Win Strategy.
And the benefits to Iraq of the application so reforms Dahwi said the first benefits to provide billions of dollars (infrastructure spending) a year "for the budget for use in Okhry.obina sons necessary expenses of infrastructure upscale ascend the country to Almtaloah levels to Iraq occupies a position between the developed countries and assist in holding down the development Aqtsadeh.okzlk ease the financial burden and administrative burden of government to transfer some workers from Government institutions to the private sector.
In addition to providing employment opportunities to the young and emerging trained on modern technology and administrative systems.
He said also that participation in income will add to the government and to budget large amounts exploited in other areas either of wonder about the development of redundant workers from the need I say that the government is obliged to continue to pay their salaries and this is a national duty, but will be expenses much less and the government needs to provide work for them any It's possible early retirement salary of a full pension.
And on taxes, and that it was possible to collect government even if some of the money through them to fill even a modicum of their ..qal Dahwi I really am not opposed to taxes in general, but we in the circumstance requires us to look at things in a much farther and scientific study before resorting to have solutions do not lead to the desired results.
He said, for example, if the government has to impose taxes on all types of smoke (cigarettes) and by 500% what's wrong with that? And specialty Aaúdyatea of these taxes to adopt medical facilities to treat cancer specifically. Or if we began to raise fuel prices and gradually does not hurt the citizen and to determine the yield of the development of energy production in the future we will have to take action like this and we will raise at that time, at the very least be a sensation in indispensable. Take the roads and bridges in the current our condition we can not allocate the amounts desired her, why not make some of them simple methods used to pay the price Like many countries and these returns Aqtradatna died inception.
And assessment of the reality of investment in Iraq .. Dahwi said very briefly We spend huge amounts of money in lost time and aimless in terms of the tunnels to bring in investment. To assess what Jnenah of everything we have done in the field of investment, we will reach the obvious fact that what we have achieved is very little not worth mentioning. If we introduce a new methodology and serious move by way of investment.
He said we have made painstaking efforts to sell plants and factories, many of which retain it is not feasible economical How can we sell it. No wonder the investor did not buy such a facility? If we have to turn the direction to bring investments to be valid feasibility of generating benefits for the investor side. To bring such investments that we must work we economical feasibility accurate scientific content and we will look for investors.
He said we have to develop the process of door-knocking on the top companies directly and Nzll them all odds and provide them with the ocean's tempting to do their activity. That our marketing process for investment at the present time does not live up to the enormous difficulty parallel to bring the investor to Iraq.
He let's not throw away all Kratna against the security of the country. There are investments take its place in many areas around the world are facing security problems are substantial. Let's take some examples as a sector communications, I do not mean mobile, giant companies come to Iraq to invest in optical cable, which we desperately need it and other giants to invest in the telecommunications ground and we have Tardan There is no good reason for it and here is the disastrous results where we see the situation Kmaho did not benefit the citizen and the state, and no career staff and lost investor who will need greater efforts to restore his attention.
He stressed that the focus of our marketing for investment must go to public services sector first and then Alnaftyh.hat industries sector that oil availability in Iraq are abundant and cheap relatively extracted encourages private investor if we still monopoly investment from the government sector exclusively to open the field to start the policy required the medium term to go to the oil industry replacing with time from dependence on the export of crude oil to export these industries that generate the treasury by 3 to 5 times what generated the export of crude oil. The investment by the giant companies in this area develop a private sector is developing rapidly in the same area provides retaining the services of these companies to start and expand to larger areas.
And on the vision of some experts that the financial corruption is a major reason for the expulsion Alostosmar..qal Dahwi: There is no doubt that corruption is a repellent for investment and especially for large companies. Most of these companies follow the complex systems in their countries or in the financial markets, where its shares are on the table where systems. Such systems exist to protect shareholders and of being a contributor to these companies become keen on the reputation of his company since any occurrence of any process of administrative corruption or financial or payment of bribes lead to significant losses in the price of its shares not to mention the large incriminating and fines and penalties may result in some often to the bankruptcy of companies committed such a crime. So these companies are eager to reputation
And that he saw the possibility of Iraq out of all these crises ..qal Dahwi It is certainly absolutely no hesitation that we eventually will modify and change the laws, regulations, and ways of thinking in line with modern requirements. Our youth has the full ability and desire to their livelihood, and the advancement of their country and achieve their wishes to live harbor and happy after long years of misery. SOURCE
[You must be registered and logged in to see this link.]
Kurdistan supports the creation of a private security system in each governorate
[You must be registered and logged in to see this link.]
Announced the Kurdistan Alliance MP Adel Nouri, the alliance supports the creation of a security system for each province, directly managed by the local government, and in coordination with the Ministry of Defence. Nuri added in a press statement 'wait inclusion National Guard law for the second reading by the House of Representatives hearings for this week', stressing that the Kurdistan Alliance 'supports the creation of the Iraqi army forces within each province, under the supervision of the entire local government as the problems of the province know ***'.
He stressed the need to have the National Guard in the provinces coordinate with the Ministry of Defense, pointing out that 'in the case of the formation of local forces for each province, the government has given the provinces rights in real participation maintenance of the security file to the conservative defend itself according to the terms of reference to be determined in a certain '. Nuri and called for the implementation of this law and'adm empty of real content of the project which was agreed upon before it is put in the government program and the formation of the current cabinet
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