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Expert calls for the exploitation of surpluses to activate the productive sectors
3/30/2015 0:00
BAGHDAD
called on the Academy to develop labor investment funds under any name and included (Future Fund, Emergency Fund, oil revenues fund) to be allocated to invest in oil surpluses in the future strengthening of the real economic sectors such as agriculture and industry in order to diversify income sources and make the country's economy economical product surpassing sufficiency of oil revenues.
He attributed a academic. D. Sattar al-Bayati, a professor of economic theory at the University of Mustansiriya recession to several reasons including the decline in oil prices in the global market and the lack of balance in the year 2014 as well as the impact of the budget in 2015 negatively allocations as a result of lower overall revenues originally derived from these reductions not to mention the state of fear or lack of uncertainty that prevailed in the Iraqi market (consumers and producers or traders) and affected the commodity supply is accompanied by the identification of the Iraqi Central Bank sales of the dollar in what is known auction daily currency B (75) million dollars per day, which was approved in the General Budget Law.
and between it and the Although the rate of economic growth before the drop in oil prices had arrived (9 percent), but this rate does not reflect the real participation of economic sectors in the composition of GDP, and therefore did not contribute to the creation of jobs as hoped, he said.
He suggested al-Bayati, increase efficiency and complete the modifications in private investment legislation and in particular the Investment Law No. private banking system (13) for the year 2006 for the purpose of confronting this case indicating that start implementing some well-known investment projects as projects of housing, and some consumer projects, such as shopping centers (malls) still faces several hurdles associated the availability of the investment requirements of the environment or the investment climate appropriate, if we take into consideration the spread of financial and administrative corruption.
He predicted al-Bayati, at the conclusion of his speech that the exceptional circumstances experienced by Iraq to wane and therefore will see the country relatively stable can be a suitable space for the establishment of projects and activating economic activity, especially after the roads secure recovery of internal and external commercial traffic, taking into account the possibility of the oil market recovery through the improvement that can occur to the oil prices in the second half of the year, also refers to this expectation.
It should be noted that the investment Investment fund Fund According to Wikipedia pot Mali owned by thousands of investors, and the capital Alsndq supported by the millions, and is managed by specialized experts are doing studies on the best companies that can invest them to ensure the best possible return where it is these funds are one of the best means of investment and the most appropriate on the grounds that it contains many of stocks and bonds and then the investor gets the advantage of diversification and the risk is relatively less than direct investment.
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3/30/2015 0:00
BAGHDAD
called on the Academy to develop labor investment funds under any name and included (Future Fund, Emergency Fund, oil revenues fund) to be allocated to invest in oil surpluses in the future strengthening of the real economic sectors such as agriculture and industry in order to diversify income sources and make the country's economy economical product surpassing sufficiency of oil revenues.
He attributed a academic. D. Sattar al-Bayati, a professor of economic theory at the University of Mustansiriya recession to several reasons including the decline in oil prices in the global market and the lack of balance in the year 2014 as well as the impact of the budget in 2015 negatively allocations as a result of lower overall revenues originally derived from these reductions not to mention the state of fear or lack of uncertainty that prevailed in the Iraqi market (consumers and producers or traders) and affected the commodity supply is accompanied by the identification of the Iraqi Central Bank sales of the dollar in what is known auction daily currency B (75) million dollars per day, which was approved in the General Budget Law.
and between it and the Although the rate of economic growth before the drop in oil prices had arrived (9 percent), but this rate does not reflect the real participation of economic sectors in the composition of GDP, and therefore did not contribute to the creation of jobs as hoped, he said.
He suggested al-Bayati, increase efficiency and complete the modifications in private investment legislation and in particular the Investment Law No. private banking system (13) for the year 2006 for the purpose of confronting this case indicating that start implementing some well-known investment projects as projects of housing, and some consumer projects, such as shopping centers (malls) still faces several hurdles associated the availability of the investment requirements of the environment or the investment climate appropriate, if we take into consideration the spread of financial and administrative corruption.
He predicted al-Bayati, at the conclusion of his speech that the exceptional circumstances experienced by Iraq to wane and therefore will see the country relatively stable can be a suitable space for the establishment of projects and activating economic activity, especially after the roads secure recovery of internal and external commercial traffic, taking into account the possibility of the oil market recovery through the improvement that can occur to the oil prices in the second half of the year, also refers to this expectation.
It should be noted that the investment Investment fund Fund According to Wikipedia pot Mali owned by thousands of investors, and the capital Alsndq supported by the millions, and is managed by specialized experts are doing studies on the best companies that can invest them to ensure the best possible return where it is these funds are one of the best means of investment and the most appropriate on the grounds that it contains many of stocks and bonds and then the investor gets the advantage of diversification and the risk is relatively less than direct investment.
[You must be registered and logged in to see this link.]
