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Foreign Investment in Iraq


DinarThug
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Foreign Investment in Iraq

 Friday, 24 November 2017
 
 
 
Foreign economic reports, including the US State Department, indicate that the Iraqi economy will witness a major development development after the redemption of the terrorist "da'ash", and the opportunities for diversified investments with good and long-term profitability are increasing because of the country's huge oil resources and huge reconstruction projects. The aftermath of the terrorist war. The experts stressed the need for a new executive management of the file of the economy, and that all financial grants and studies of the economic reality of Iraq will change nothing, with the improvement of the business environment.
This is what Federal Prime Minister Haider al-Abadi said in his remarks a few days ago when his government's post-victory mission set up a massive campaign against corruption, a public demand advocated by the demonstrators for nearly two years to improve economic performance and preserve the national wealth from organized looting And serve them in the service of limited categories.

It is well-known and internally and externally that foreign capital is a large part of it fleeing from investment in our country for many reasons, foremost of which is instability and the spread of corruption and infiltration in various state facilities, which is calculated to account for those who venture to invest by adding up to thirty percent of the cost of the project the side .

The international reports confirm that Iraq seeks to find a foothold in the map of economic development and investment after the defeat of the terrorist advocate, where some market investors see great opportunities in Iraq, because of the country's opportunities to encourage them and to promote the country's budget financing agreement of $ 5.4 billion, The International Monetary Fund last year and the US gave Iraq a loan of $ 1 billion, some investors say that Iraq is on the ground of solid opportunities to become a point of attraction for major investors in the world, although some challenges remain.

The aspirations of the citizens are wide and large to see tangible work on the ground that removes the national economy from its suffocating crisis and reassures the Iraqi immigrant capital to return and contribute to construction and reconstruction. This can not be done unless the government is serious and takes quick steps to solve the obstacles and problems that hinder economic advancement and Positive for those wishing to invest.

The establishment of an appropriate investment structure is not easy and does not come only through the issuance of government decisions, but there is a need for the participation of the relevant parties to invest and distinguish between political action and economic action and respect for market movement and non-infringement of economic laws and the development of programs and scientific plans to promote development and employment in the service of citizens and their right to live Which protects them from deprivation and destitution.

These encouraging reports encourage us to overcome our negative aspects and to examine the most appropriate means to achieve the interests of our people and their priority in projects and employment opportunities for the unemployed and to develop the potential to rely on itself in the future by creating a balanced national economy that invests its resources and resources to catch up with modern countries.

 

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22 hours ago, DinarThug said:

CNN. Broadcasting While Setting The Garmin Aboard A Speedy Camel !

Masoum is looking at ways to strengthen adherence to the constitution and monitoring constitutional violations with a delegation of legal experts

masoom-500x288.jpg
BAGHDAD, Nov. 24 (UPI) - President Fuad Masum held talks at the Peace Palace in Baghdad with senior constitutional experts and lawmakers in the country on ways to strengthen adherence to the constitution and monitor constitutional violations from all state institutions.

In a statement issued by his office, Masoum praised the "expertise and keenness of Iraqi constitutional and legal experts in various fields," pointing out "the need to redouble efforts to monitor and address the problem of constitutional violations that may be committed by State institutions at various levels. "He said.

"The need to speed up the issuance of the laws stipulated by the Constitution, especially the law of the Council of the Union and oil and gas and the Federal Service Council as well as the completion of the draft constitutional amendments."

For their part, the participants presented proposals and recommendations aimed at supporting the implementation of the provisions of the Constitution in all fields. AH

 

CNN. Broadcasting While Setting The Garmin Aboard A Speedy Camel !

 

 

Masoum is looking at ways to strengthen adherence to the constitution and monitoring constitutional violations with a delegation of legal experts

masoom-500x288.jpg
BAGHDAD, Nov. 24 (UPI) - President Fuad Masum held talks at the Peace Palace in Baghdad with senior constitutional experts and lawmakers in the country on ways to strengthen adherence to the constitution and monitor constitutional violations from all state institutions.

In a statement issued by his office, Masoum praised the "expertise and keenness of Iraqi constitutional and legal experts in various fields," pointing out "the need to redouble efforts to monitor and address the problem of constitutional violations that may be committed by State institutions at various levels. "He said.

"The need to speed up the issuance of the laws stipulated by the Constitution, especially the law of the Council of the Union and oil and gas and the Federal Service Council as well as the completion of the draft constitutional amendments."

For their part, the participants presented proposals and recommendations aimed at supporting the implementation of the provisions of the Constitution in all fields. AH

Edited by DinarThug
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Iraq is begging for foreign investment now.

 

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On 11/24/2017 at 11:50 AM, DinarThug said:

This can not be done unless the government is serious and takes quick steps to solve the obstacles and problems that hinder economic advancement and Positive for those wishing to invest.

Edited by newbieDA
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