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Iraq: the need to strengthen the private sector
Last Updated: Sunday, March 29 / March 2015
Receiving unemployment shadows on society movement in Iraq, with large segments experiencing confusion as a result of social and living the consequences imposed by unemployment by that, while calling the Iraqi government economists to hold a genuine partnership between the state institutions and the private sector, to reduce the aggravation of the economic downturn and operation of a greater number of citizens.
She drew circles that the financial crisis in Iraq resulting from the decline in global oil prices and indicators of the current year's budget, clearly indicate that reducing the number of grades, the increased economic problems within the social structure that suffer mainly from a significant decline in production basket. Therefore considered that it requires payment towards the means of production away from the rentier economy, and works on the principle of industry, agriculture and the development of a variety of service-sectors. The distribution of unemployment in Iraq among young people who are capable class to work and among university graduates, does not imply experts for a number of these young people from reality estimates, as the country suffers from a severe housing crisis as a result of increasing population and the inability of low-income people from the construction of private housing units, due to rising raw material prices and wages the work.
According assigned grades figures in the annual budgets, to the depth of the crisis in society and the labor market in particular, noting that the number of grades in the 2013 budget amounted to 150 thousand, while reaching 23 thousand in this year's budget, the obvious difference between Almoisntin shows .
Raises significant decline in financial budgets include grades, concern young men and women, particularly graduates and job seekers, especially as the investment is still weak because of the security situation and the special circumstances in the country.This requires economic landscape to accelerate the steps to open the economy to investment and to attract fans, with the importance of diversifying the sources of economic and tackling unemployment in a serious manner and fast. He also notes the significant decline in the contribution of the main productive sectors in GDP ratios, and the need to move from a rentier economy to the product.
The researchers feel about job opportunities in Iraq discouraged, when they find a significant part of the current year's budget, is operational because of the decline in oil resources as a result of lower prices globally, what they saw oil as a curse rather than becoming a blessing enjoyed by citizens, in the case of used resources rational and away from any suspicions of corruption rampant in the country after 2003.
He pointed Commissioner for «Islamic National Bank» Sadiq al-Shammari director, in a statement to «life», the «hard to put the Iraqi economy in terms of serious repercussions on the decline in employment opportunities». He stressed the importance of «priority given the required investment funds in the activation of projects in all areas». He said that many countries «passed in the same situation and was able to access and build a solid economy.»
He believed that the start «was one of the small and medium enterprises that contribute to the increase in GDP and to address the deficit in the balance of payments, as well as being the availability of foreign exchange by relying on local product and make capital cycle paths within the country.»
He stressed that the investment funds «achieve sustainable and continuous development, with the current stage requires such action financed by investment funds projects.» He pointed to the possibility of «channeling funds to productive investment projects help solve the problems of the Iraqi economy, and in the forefront to provide jobs for a large segment of young people, and activating local production and services through the employment of loans in the projects for this purpose».
Shammari was overlooked that Iraq «is characterized by the availability of the market for each product that is one of the most important elements of successful projects in it, as well as the availability of human capital that can be converted to a skilled workforce in all disciplines, with the establishment of training centers and rehabilitation supervised by experts to be able to train workers and adaptation of technology advanced and indigenization ».
He stressed the «develop a plan to address the lagging project status and number 9 thousand, spent large sums them to qualify in vain». He said that the Iraqi economy «is characterized by significant growth but passes in obstructive difficulties, necessitating the formation of compression force on the sources of the government's decision to activate the industry, agriculture and services sectors, and picking them up from slumber.» He believed that it «depends on the implementation of the initiative announced by the government last month and on the development of the private sector».
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Last Updated: Sunday, March 29 / March 2015
Receiving unemployment shadows on society movement in Iraq, with large segments experiencing confusion as a result of social and living the consequences imposed by unemployment by that, while calling the Iraqi government economists to hold a genuine partnership between the state institutions and the private sector, to reduce the aggravation of the economic downturn and operation of a greater number of citizens.
She drew circles that the financial crisis in Iraq resulting from the decline in global oil prices and indicators of the current year's budget, clearly indicate that reducing the number of grades, the increased economic problems within the social structure that suffer mainly from a significant decline in production basket. Therefore considered that it requires payment towards the means of production away from the rentier economy, and works on the principle of industry, agriculture and the development of a variety of service-sectors. The distribution of unemployment in Iraq among young people who are capable class to work and among university graduates, does not imply experts for a number of these young people from reality estimates, as the country suffers from a severe housing crisis as a result of increasing population and the inability of low-income people from the construction of private housing units, due to rising raw material prices and wages the work.
According assigned grades figures in the annual budgets, to the depth of the crisis in society and the labor market in particular, noting that the number of grades in the 2013 budget amounted to 150 thousand, while reaching 23 thousand in this year's budget, the obvious difference between Almoisntin shows .
Raises significant decline in financial budgets include grades, concern young men and women, particularly graduates and job seekers, especially as the investment is still weak because of the security situation and the special circumstances in the country.This requires economic landscape to accelerate the steps to open the economy to investment and to attract fans, with the importance of diversifying the sources of economic and tackling unemployment in a serious manner and fast. He also notes the significant decline in the contribution of the main productive sectors in GDP ratios, and the need to move from a rentier economy to the product.
The researchers feel about job opportunities in Iraq discouraged, when they find a significant part of the current year's budget, is operational because of the decline in oil resources as a result of lower prices globally, what they saw oil as a curse rather than becoming a blessing enjoyed by citizens, in the case of used resources rational and away from any suspicions of corruption rampant in the country after 2003.
He pointed Commissioner for «Islamic National Bank» Sadiq al-Shammari director, in a statement to «life», the «hard to put the Iraqi economy in terms of serious repercussions on the decline in employment opportunities». He stressed the importance of «priority given the required investment funds in the activation of projects in all areas». He said that many countries «passed in the same situation and was able to access and build a solid economy.»
He believed that the start «was one of the small and medium enterprises that contribute to the increase in GDP and to address the deficit in the balance of payments, as well as being the availability of foreign exchange by relying on local product and make capital cycle paths within the country.»
He stressed that the investment funds «achieve sustainable and continuous development, with the current stage requires such action financed by investment funds projects.» He pointed to the possibility of «channeling funds to productive investment projects help solve the problems of the Iraqi economy, and in the forefront to provide jobs for a large segment of young people, and activating local production and services through the employment of loans in the projects for this purpose».
Shammari was overlooked that Iraq «is characterized by the availability of the market for each product that is one of the most important elements of successful projects in it, as well as the availability of human capital that can be converted to a skilled workforce in all disciplines, with the establishment of training centers and rehabilitation supervised by experts to be able to train workers and adaptation of technology advanced and indigenization ».
He stressed the «develop a plan to address the lagging project status and number 9 thousand, spent large sums them to qualify in vain». He said that the Iraqi economy «is characterized by significant growth but passes in obstructive difficulties, necessitating the formation of compression force on the sources of the government's decision to activate the industry, agriculture and services sectors, and picking them up from slumber.» He believed that it «depends on the implementation of the initiative announced by the government last month and on the development of the private sector».
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