Shaways: The government is going in the right direction in its economic program
5/24/2015 0:00
BAGHDAD
Iraq participated in the activities of the World Economic Forum, which was held at the Dead Sea in Jordan is an active and distinct in the presence of high-level figures, where the most prominent discussed proposals to make efforts in order to contract agreements and partnerships with international banks to move towards Islamic finance for development projects.
The Iraq share on the agenda in the discussion of the challenges faced in light of the organization "Daash" terrorist and effects of attacks in the reality of the country and especially the economic file, as pointed out by Deputy Prime Minister Dr. Rose Nuri Shaways that the government is continuing to develop laws to creating an attractive legal and correct environment for investment and entrepreneurship in Iraq.
However, Shaways said the obstacles facing the transition to a market economy, explaining that it administrative and routine, along with the difficulty of accepting many of the employees of the public sector to the idea of change.
He said the conduct of the government in the right direction according to its economic reform program development and work to change and open up to the world through the promotion of foreign partnerships and investments attractive that are beneficial to both parties.
The forum included, named "Davos" (relative to his patrol in the city of Davos, Switzerland) discussions and proposals dealt with the changing energy scene and its effects in the industries and economies in the Middle East and North Africa of downturn in oil prices, and shifts the geopolitical, as well as change the energy mix.
Also included discussions of financial mechanisms that can be used to support the overall growth in the region by making use of the potential of Islamic finance and that's what put the Iraqi ambassador to France in order to finance development projects, especially in Iraq, along with the expansion of banking services and enhance the investment climate.
While emerged as the topic of investment in infrastructure and how to enhance the growth and development of the regional countries through energy and investment optimization generation in water infrastructure and transparency of alternative investments, as well as discuss the political risk and regulatory in this area .
In this regard, the Prime Minister of Britain and former head of the strategic initiative of infrastructure Economic Forum Gordon Brown: "The investment in infrastructure has a role in addressing the large employment needs in the region," he said, noting that the guarantees provided by the public sector is more important than capital.
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5/24/2015 0:00
BAGHDAD
Iraq participated in the activities of the World Economic Forum, which was held at the Dead Sea in Jordan is an active and distinct in the presence of high-level figures, where the most prominent discussed proposals to make efforts in order to contract agreements and partnerships with international banks to move towards Islamic finance for development projects.
The Iraq share on the agenda in the discussion of the challenges faced in light of the organization "Daash" terrorist and effects of attacks in the reality of the country and especially the economic file, as pointed out by Deputy Prime Minister Dr. Rose Nuri Shaways that the government is continuing to develop laws to creating an attractive legal and correct environment for investment and entrepreneurship in Iraq.
However, Shaways said the obstacles facing the transition to a market economy, explaining that it administrative and routine, along with the difficulty of accepting many of the employees of the public sector to the idea of change.
He said the conduct of the government in the right direction according to its economic reform program development and work to change and open up to the world through the promotion of foreign partnerships and investments attractive that are beneficial to both parties.
The forum included, named "Davos" (relative to his patrol in the city of Davos, Switzerland) discussions and proposals dealt with the changing energy scene and its effects in the industries and economies in the Middle East and North Africa of downturn in oil prices, and shifts the geopolitical, as well as change the energy mix.
Also included discussions of financial mechanisms that can be used to support the overall growth in the region by making use of the potential of Islamic finance and that's what put the Iraqi ambassador to France in order to finance development projects, especially in Iraq, along with the expansion of banking services and enhance the investment climate.
While emerged as the topic of investment in infrastructure and how to enhance the growth and development of the regional countries through energy and investment optimization generation in water infrastructure and transparency of alternative investments, as well as discuss the political risk and regulatory in this area .
In this regard, the Prime Minister of Britain and former head of the strategic initiative of infrastructure Economic Forum Gordon Brown: "The investment in infrastructure has a role in addressing the large employment needs in the region," he said, noting that the guarantees provided by the public sector is more important than capital.
[You must be registered and logged in to see this link.]