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Parliamentary Economy: chaos and corruption hinders investment sector
11.05.2015
Attributed to the economic and investment commission in Parliament, Monday, Alastmar reasons for the poor and the reluctance of companies to invest in Iraq to economic chaos and the lack of a clear strategy and plans.
Said committee member Rep. Najiba Najib in a statement to / scales News /: "The reasons for the poor Alastmar and the reluctance of companies to invest in Iraq due to the economic chaos and a lack of strategy and clear plans as well as financial and administrative corruption and red tape extruder for investment and the absence of legislation in support of the investment and the private sector and laws in Iraq ".
Najib added that "the economic and investment commission is seeking to amendment of the Investment Act, which would remove many of the obstacles that stand in the way companies and investors through the adoption of the principle of dealing with only Investment Authority, which in turn provides all the necessary work and stay away from the deadly red tape and fight corruption and activating Workers Act facilities and the private sector to ensure the rights . " 29-3 / h
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11.05.2015
Attributed to the economic and investment commission in Parliament, Monday, Alastmar reasons for the poor and the reluctance of companies to invest in Iraq to economic chaos and the lack of a clear strategy and plans.
Said committee member Rep. Najiba Najib in a statement to / scales News /: "The reasons for the poor Alastmar and the reluctance of companies to invest in Iraq due to the economic chaos and a lack of strategy and clear plans as well as financial and administrative corruption and red tape extruder for investment and the absence of legislation in support of the investment and the private sector and laws in Iraq ".
Najib added that "the economic and investment commission is seeking to amendment of the Investment Act, which would remove many of the obstacles that stand in the way companies and investors through the adoption of the principle of dealing with only Investment Authority, which in turn provides all the necessary work and stay away from the deadly red tape and fight corruption and activating Workers Act facilities and the private sector to ensure the rights . " 29-3 / h
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