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Specialist calls to activate strategies to develop the economy
6/24/2015 0:00
BAGHDAD
create an ideal investment environment in Iraq and the development of the banking business, has become an urgent need to start in the overall process of economic development, at a time when there are reports suggesting a reduction Iraq site in the business environment internationally.
Economic Member Baghdad forum Amer Issa said that the provision of a favorable environment for the implementation of successful business needs to unite all those responsible for the economic file in the executive branch and private sector institutions and civil society organizations to develop solutions and take effective emergency measures to overcome the challenges and all that increases the efficiency and effectiveness of the work environment in order to then talk about attracting local and foreign investments affecting the productive economy in particular and support all stages.
He said in a statement the "morning" to talk about this subject is not desires and wishful thinking and statements, but reality of the situation in the country and the extent of the existence of practices and procedures that seem at first glance it timely and lead to disorder in the market being addressed simultaneously but must officials realization that the procedures and practices Wares leave a very negative and long-term impact to the investors and businessmen targeted. He pointed jeweler that countries that have faced the same circumstance which wars and aggression and the blockade has sought to develop their economies and productivity, including the military industry to meet the fateful challenges and Crossing to Safety Beach, while taking in Iraq Voices reduce the direct importance to the implementation of many of the strategies and recommendations and proposals to address and develop the economy.
He pointed to the effects of the low price of crude oil is increased spending and lagged more Aradah reform and implementation, inevitable reference to the hasty and uncalculated actions that led to a decline in the value of the Iraqi dinar and the accompanying practices of some private banks in delaying the payment of withdrawals of deposits in dollars and reject others pay withdrawals or foreign remittances in dollars but the central bank at a price much lower than the market price at the time the exchange.Followed by treatments is not necessarily the real cure to the fluctuation of the dinar exchange rate against the dollar.
He said direct factors and indirect, in fact practices and daily life of the relevant and influential on the business environment, which may not show indicators in the business environment studies and have contributed more to shake the confidence of investors and businessmen Business to operate in Iraq, since the investor would not expect is that he saw and touched and more.
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6/24/2015 0:00
BAGHDAD
create an ideal investment environment in Iraq and the development of the banking business, has become an urgent need to start in the overall process of economic development, at a time when there are reports suggesting a reduction Iraq site in the business environment internationally.
Economic Member Baghdad forum Amer Issa said that the provision of a favorable environment for the implementation of successful business needs to unite all those responsible for the economic file in the executive branch and private sector institutions and civil society organizations to develop solutions and take effective emergency measures to overcome the challenges and all that increases the efficiency and effectiveness of the work environment in order to then talk about attracting local and foreign investments affecting the productive economy in particular and support all stages.
He said in a statement the "morning" to talk about this subject is not desires and wishful thinking and statements, but reality of the situation in the country and the extent of the existence of practices and procedures that seem at first glance it timely and lead to disorder in the market being addressed simultaneously but must officials realization that the procedures and practices Wares leave a very negative and long-term impact to the investors and businessmen targeted. He pointed jeweler that countries that have faced the same circumstance which wars and aggression and the blockade has sought to develop their economies and productivity, including the military industry to meet the fateful challenges and Crossing to Safety Beach, while taking in Iraq Voices reduce the direct importance to the implementation of many of the strategies and recommendations and proposals to address and develop the economy.
He pointed to the effects of the low price of crude oil is increased spending and lagged more Aradah reform and implementation, inevitable reference to the hasty and uncalculated actions that led to a decline in the value of the Iraqi dinar and the accompanying practices of some private banks in delaying the payment of withdrawals of deposits in dollars and reject others pay withdrawals or foreign remittances in dollars but the central bank at a price much lower than the market price at the time the exchange.Followed by treatments is not necessarily the real cure to the fluctuation of the dinar exchange rate against the dollar.
He said direct factors and indirect, in fact practices and daily life of the relevant and influential on the business environment, which may not show indicators in the business environment studies and have contributed more to shake the confidence of investors and businessmen Business to operate in Iraq, since the investor would not expect is that he saw and touched and more.
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