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Finance sets two conditions for the success of the free zone experiment and sends an invitation to Parliament
Economie Yesterday, 19:03
Baghdad - conscious - the Mullah Medal
Today, Saturday, the Ministry of Finance identified two conditions for the success of the experiment of the free zones, encouraging international companies to invest in them and supporting the state's economy with new resources, while an invitation was sent to Parliament in this regard.
The financial advisor to the Ministry of Finance, Abdul Hassan Jamal, said in a statement to the Iraqi News Agency (INA), that "the view of the Ministry of Finance emphasizes the necessity of providing alternative resources for oil in Iraq, whether at the present or in the future," noting that
"among this is the establishment of economic zones."
And free zones, whether commercial or industrial, or by all their names, and there are also free tourist zones in all countries of the world.”
He pointed out that "the white paper for economic reform presented by the government referred to this issue,
the ministry's plan and the draft law submitted by the Free Zones Authority referred to the issue of free zones," first suggesting
"there should be a role for the government and parliament through enacting a law that defines public policies by The federal government authorizes the governorates to establish regulations for each free zone within the governorate similar to its geographical area and the resources it owns if they are close to a sea, a water source, or a neighboring country.
He added, "The second proposal or condition is that the governorates of those regions should be given the authority to administer themselves, with the exception of all laws and responsibilities entrusted to other ministries,
meaning that those regions are given the powers of the ministries concerned with their work so that there are free zones that attract all international and local companies and provide A good opportunity to employ manpower and gain experience."
Finance sets two conditions for the success of the free zone experiment and sends an invitation to Parliament
Economie Yesterday, 19:03
Baghdad - conscious - the Mullah Medal
Today, Saturday, the Ministry of Finance identified two conditions for the success of the experiment of the free zones, encouraging international companies to invest in them and supporting the state's economy with new resources, while an invitation was sent to Parliament in this regard.
The financial advisor to the Ministry of Finance, Abdul Hassan Jamal, said in a statement to the Iraqi News Agency (INA), that "the view of the Ministry of Finance emphasizes the necessity of providing alternative resources for oil in Iraq, whether at the present or in the future," noting that
"among this is the establishment of economic zones."
And free zones, whether commercial or industrial, or by all their names, and there are also free tourist zones in all countries of the world.”
He pointed out that "the white paper for economic reform presented by the government referred to this issue,
the ministry's plan and the draft law submitted by the Free Zones Authority referred to the issue of free zones," first suggesting
"there should be a role for the government and parliament through enacting a law that defines public policies by The federal government authorizes the governorates to establish regulations for each free zone within the governorate similar to its geographical area and the resources it owns if they are close to a sea, a water source, or a neighboring country.
He added, "The second proposal or condition is that the governorates of those regions should be given the authority to administer themselves, with the exception of all laws and responsibilities entrusted to other ministries,
meaning that those regions are given the powers of the ministries concerned with their work so that there are free zones that attract all international and local companies and provide A good opportunity to employ manpower and gain experience."
