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Budeiri: Parliament is determined to overcome the pressures of the market mafias and pass the investment law
Monday 05/18/2015 9:53
BAGHDAD / WAP / The head of the advocacy organization inside the party bloc MP Ali al-Badri, Monday, that Alastmar of important and sensitive laws Law, noting that there is pressure put on the mafias market to block the pass, but we are determined to the economic process is corrected in the country in order to prepare for any economic crisis in anytime.
He said al-Badri, told Xinhua Baghdad International / WAP / that "Alastmar of important and sensitive laws law which must be approved as soon because the country is bound to find alternatives to oil, especially after the crisis experienced by Iraq's budget in light of the low global oil prices and these alternatives rely heavily on investment. " He added that "the existing investment law is the law lame and did not meet the domestic and foreign investor ambitions and must change and give the foreign investor and the domestic greater opportunities with finding solutions to the obstacles that prevent investors entry significantly to the country." He explained that "the amendment to the existing law Parliament has some problems and there is pressure from mafias in the market for a tackle but the House of Representatives is serious and determined to pass and give utmost importance, "noting that" the drop in oil prices gave a lesson and an opportunity for us to reconsider our approach to investment, which proved to be had during the last period random and poorly thought out and there is no Hulk any strategic plans or processors of the economic situation and the payment of the citizen price for this. " He said al-Badri, "the need for the government and parliament lesson from past experience takes to build a good economic system that is based on scientific foundations so that we can say to the citizen that the government action is the work of a programmer and is based on sound foundations and Iraq's economic machine is ready to face any crisis get in any time to address the harm caused, or at least minimize them "./ ended 8
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Monday 05/18/2015 9:53
BAGHDAD / WAP / The head of the advocacy organization inside the party bloc MP Ali al-Badri, Monday, that Alastmar of important and sensitive laws Law, noting that there is pressure put on the mafias market to block the pass, but we are determined to the economic process is corrected in the country in order to prepare for any economic crisis in anytime.
He said al-Badri, told Xinhua Baghdad International / WAP / that "Alastmar of important and sensitive laws law which must be approved as soon because the country is bound to find alternatives to oil, especially after the crisis experienced by Iraq's budget in light of the low global oil prices and these alternatives rely heavily on investment. " He added that "the existing investment law is the law lame and did not meet the domestic and foreign investor ambitions and must change and give the foreign investor and the domestic greater opportunities with finding solutions to the obstacles that prevent investors entry significantly to the country." He explained that "the amendment to the existing law Parliament has some problems and there is pressure from mafias in the market for a tackle but the House of Representatives is serious and determined to pass and give utmost importance, "noting that" the drop in oil prices gave a lesson and an opportunity for us to reconsider our approach to investment, which proved to be had during the last period random and poorly thought out and there is no Hulk any strategic plans or processors of the economic situation and the payment of the citizen price for this. " He said al-Badri, "the need for the government and parliament lesson from past experience takes to build a good economic system that is based on scientific foundations so that we can say to the citizen that the government action is the work of a programmer and is based on sound foundations and Iraq's economic machine is ready to face any crisis get in any time to address the harm caused, or at least minimize them "./ ended 8
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