Samir Abbas Alnasiri *: economic reforms and national security strategy (seems like good read)

Samir Abbas Alnasiri *: economic reforms and national security strategy





- Published in 09/13/2015


Iraq is currently going through a critical and important and sensitive stage because of the political, security and economic conditions and can be identified, in particular in relation to a drop in world oil prices and the war on terrorism and the implications on the economic recession [...]

Iraq is currently going through a critical and important and sensitive stage because of the political, security and economic conditions and can be identified, in particular in relation to a drop in world oil prices and the war on terrorism and the implications for the economic recession and the emergence of liquidity crunch stifling led to a large deficit in the general budget for 2015 up to 25 trillion dinars and expected that rises to the top of that because of the recent fall in oil prices, according to the latest published data and rising unemployment rates to more than 30% of the work force capable of work and high rates of poverty rate to the extent of 25%, according to official indicators issued by the Ministry of Planning and Labour and Social Affairs is welcomed because of confusion means monetary policy and the lack of coordination between them and the fiscal policy, which helped to double the control of the Iraqi dinar exchange rate against foreign currencies, which all of these challenges led to the high prevalence of cases of financial and administrative corruption and the suffering of the Iraqi people in the lack of services rates the apparent lack of food security, drug and weak control on the security situation in Baghdad and the provinces and the migration of more than three million people displaced from their provinces, which are exposed to the occupation by the forces of terrorism, including the so-called Bdaash, which led to confusion Astartejah national security and that should form the basis of the stability of Iraq's political, security and economic In addition, what was accompanied by the process of change After 2003 the confusion and lack of political vision and economic united to form the new state, and how to have economic construction which were lost between centralized economy and the wishes of the transition to a market economy has led to a complex internal conditions hinder the development process of Iraq despite the lapse of more than a dozen a year change and it became more complex and difficult with developments in the Arab region changes because of the Arab Spring and its desire for change towards building democratic systems provide the freedom and economic well-being and sustainable development of their own home.

We therefore believe that building the foundations of the national security strategy comprehensive concept with a focus on the economic side must emerge from the security, stability and economic development, thus contributing to the welfare of society and to be effective and enforceable in the current circumstances experienced by Iraq, therefore, a lot of people from different levels of government The political, economic, university professors and civil society organizations of youth, women and professionals must contribute to their preparation through poses far from legitimate claims of citizens in the streets of Baghdad reform in Central and South provinces.

The magnitude of the threats to Iraq internally and externally, and we focus here on the threats that belong to the expectations of the economic meltdown and the waste of public money and the continued decline in global oil prices requires stand firm for all government and political and popular actors in order to protect Iraq and sustain their economy according to the factual data that under the standard view of everyone so we see and are does not accept doubt that the economic reforms announced by the Prime Minister and most of which take a long time for the purpose of implementation requires a review of the trends that should be adopted as a strategy for economic achievement of national security, which focuses on Article 25 of the Constitution and other materials related to that state to ensure a dignified life for the individual and the family and ensure justice among all social classes and sects of the Iraqi people and that this strategy should be applied to a realistic axes government program packages and the economic, political and service reforms announced by the government and the House of Representatives and most importantly, include claims

Legitimate to the people in the elimination of financial and administrative corruption and tackling unemployment and poverty and restore Iraq's money stolen from the corrupt and thieves of public money.

Basic guideline principles of economic strategy for national security

Iraq's sovereignty and territorial integrity and unity

Building a healthy economy and a national multi-resource

The private sector plays a pivotal role to lead the market

Providing food and pharmaceuticals and the environmental security of the citizens

Securing a decent life for the individual and the family

Reform and development of the financial and banking sector and increase the proportion of their contribution to economic development

The state guarantees to ensure social justice for citizens

Protect the spirit of citizenship and civil peace

Reform and development of good governance institutions to provide the best for the citizens Alkhmat

Information security and transparency in the data and economic indicators

Note through basic economic guideline principles analysis above that building a sound economy and that achieves the final of its findings in the prosperity and well-being of the community is the foundation to build a strategy for national security than the protection of internal security to protect the homeland and to ensure his safety from external enemies so stress here that the promotion of national security at home and abroad It requires all government and political stakeholders and the private sector and economists study, discuss and analyze the challenges and reform measures in order to secure Iraq and a strong economy so we suggest the following: -

Activating the themes contained in the government program through the development of policies and operational mechanisms and applied to the development of economic sectors trends that achieve what is stated in these themes in the detailed aspects and determine the timeframe for the implementation of each of the axes materials referred to above.

The government formation of the Supreme Council for Economic they wanted and which consists of experts from government and the private sector in order to carry out economic reform, and the first step of it reform Almsalrvi and to enhance the role of the Central Bank of Iraq and the ministries concerned with economic affairs (financial, agriculture, industry and planning, oil, electricity) so as to enhance the effective coordination and harmonious between fiscal and monetary policies and achieve the goal of diversification of resources and lack of dependence on oil in the public budgets of the state as a key resource.

Watercourses measures quickly to address the financial liquidity that has plagued Iraq because of falling oil prices and the war on terrorism and economic problems and self-poor economic planning and lack of access to economic, financial and technical expertise in the management of the work of basic economic links in the state and rely on figures partisan incompetent professionally and serve their party and the masses only crisis and the adoption of the experiences of countries in the world and Iraq when the previous face of the economic blockade as payment on credit and borrowing and internal austerity budget and the preparation of war.

Activate and develop operational mechanisms of action of economic reform and private sector development prepared by the committees competent experts in the Council of Ministers with a focus on what I've ever had in Mahoralzerai, industrial and finance, insurance, tourism and services and actually begin to implement and define the time ceilings to put it into practice and identify implementation elements, taking into account the circumstances of the Iraq currently

Activate the application and define the mechanisms and the Implementing Regulations of the amounts allocated by the Central Bank of Iraq, amounting trillion dinars to finance small and medium enterprises and five trillion dinars to finance specialized banks (agricultural, industrial and real estate housing fund) with a basis of clear guarantees the transparency of the data and those that have been lent by the government and private banks and put control proactive and during the implementation and post-implementation on the beneficiaries of these loans in order to serve the central objective of the allocation to accelerate the economic cycle and the reduction of unemployment and the development of small enterprises, medium and contribute to economic development with the development department at the Central Bank of Iraq to follow up, evaluation and review of the development initiative trends higher than what is currently allocated.

Development of operational procedures to activate and implement strategies and approved and declared and for the development of agricultural, industrial and banking private sector, in accordance with the priorities of the strategy adopted by the bases and not on the shelves without implementation.

(*) Researcher and economist, adviser to the board of directors - Dar Es Salaam Investment Bank

Copyright network of Iraqi economists. Permission to quote and re-deployment, provided reference to the source. 09/13/2015


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We therefore believe that building the foundations of the national security strategy comprehensive concept with a focus on the economic side must emerge from the security, stability and economic development, thus contributing to the welfare of society and to be effective and enforceable in the current circumstances experienced by Iraq, therefore, a lot of people from different levels of government The political, economic, university professors and civil society organizations of youth, women and professionals must contribute to their preparation through poses far from legitimate claims of citizens in the streets of Baghdad reform in Central and South provinces.