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Sabah Economic Forum ..khtoh to move the domestic and foreign investment wheel


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Sabah Economic Forum ..khtoh to move the domestic and foreign investment wheel

 

 

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1/27/2015 0:00 

Which focused on how to address the constraints and problems of development sectors 
 BAGHDAD - morning 
continue {morning} for the third consecutive day, shedding light on what came out of the Economic Forum organized by the center for Strategic Studies earlier this week, of ideas and insights and suggestions were traded in this national forum, as well as all recommendations made ​​by the participants, who included ministers, current and former, academics, investors and commentators economists. 
The objective of continuing to disseminate the outputs of the event, which was described as "important", is to inform the local public opinion and those interested in the results of such a purpose the main activities of the definition of constraints that stumbling block standing in front of the recovery of the national economy. 
as well as possible solutions to end the problems and Almarqlat that hinder wheel rotation economic sector, not to mention providing forward-looking statements to the concerned authorities Base (governmental and private) in order to make use of them in development planning and development required fields. 
d. Adila Hammoud Among the speakers, Minister of Health Dr. Adila Hammoud, which called for the private sector is an important part, not a marginal part of the economic system of the State, through the adoption of legislation and laws to meet the needs of companies, investors and reassure them, to hurt it at the end of the day in Albulad.oakdt service minister, said her ministry began issuing electronic cards (Ki Card) for their employees to receive their salaries through the banking outlets instead of the old way, which is through cash delivery, noting that this process was coordinated with one government-owned banks. As explained, the aim of this procedure lies in the «deposit funds into banks to move the market through the implementation of various projects in addition to the provision of loans and create new job opportunities for the unemployed ».In a move seen as a simple contribution by the Ministry of Health in the revitalization of the investment process by encouraging the many departments staff, the banking culture of savings and enhance their confidence in the banking deal. Jawad al-Bolani, in the same context, the President of the Commission «the economy and investment» parliamentary, Jawad al-Bolani, the banking sector, is an important financial authority and should be supported and encouraged to contribute to the reconstruction of the country, adding that this requires compatibility between fiscal policy, former Interior Alnkadih.ozyr, called for the creation of a legal environment to encourage banks and activating the investment side to benefit from the money supply within the bank safes, as well as promoting savings and care to create trust between the state and the merchants and the creation of a culture of tax base to collect the money. Chairman of the Committee of Economy and parliamentary money, stressed the need to transform the Ministry of Industry companies to productive enterprises by reducing the number from 78 companies to 10 companies, can meet the needs of the market, and the possibility of export to neighboring countries, calling for a review of all the paragraphs of the introduction of banks in the development process. Huda carpets MP for the coalition «rule of law» Huda carpet, she saw that «the implementation of the government program to Aiga the responsibility of the government only, it is the responsibility of all authorities», noting that «the morning »concentrated in Mmeltqaha on investment, banking and privatization, to address the obstacles and problems in the development sectors. She called, to speed up the legislation of the State banks Act because of its importance for the investment process desired, noting that «can not set up the economy with the current Banking Act, and investment promotion with the law current investment because it is the laws hinder the development of these vital sectors. » and demanded the Member of Parliament for the province of Diwaniyah, during discussions witnessed by the Economic Forum: the need to activate the Banking Act, which is still Markona two years ago in the State Consultative Council, stressing the need to identify the reasons for the reluctance of investors and bring in capital money in order to turn into investments in productive projects. lawmaker Almmelthfah Black, praised as other attendees at the forum said, the «Iraqi Media Network» represented newspaper «morning» and research center, who presented a paper concerning the economic problems that collide with investors, and put it in front of the executive and legislative branches to come up with recommendations aimed at revitalizing the economy. Bassem Jamil Antoine with exhorted economist Bassem Jamil Antoine, relevant institutions, to find realistic solutions for the advancement of the national economy, especially that the country is currently going through a severe financial crisis, calling for «banks in which financial stocks available, to contribute to the support productive sectors that need financial liquidity of active work. » He stressed Antoine need to perfect legislation for the development of the investment side, and the launch of the hands of the private sector to assist in resolving the crises plaguing the country, especially since this sector needs to be a real revolution for the recovery and development and make it important tributary to support the national economy. Vice Chairman of the Iraqi Economists Association, believes that it is necessary not to deal with the Forum «morning» on the grounds that he gathered to present ideas and proposals for the consumption of media, but must go beyond that and find effective solutions to avert a new crisis, with the need to develop realistic solutions hear her official in the state to benefit from them. He continued: «it is necessary to follow the recommendations that came out of the forum and closely monitored by monitoring and follow-up quarterly and annual half device ..», adding that «the establishment of the forum is positive». He concluded Antoine, his speech by calling for the establishment of an economic media Specialist: «Because of its great importance in the dissemination of economic awareness in the country» .hsp saying.

 

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