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CNN. Broadcasting A Tribute To The Best And Hardest Working NewsHound In This Investment ! CNN << BREAKING NEWS >> ....... MASTER YOTA HITS 60,000 POSTS THIS MORNING ! This Is A Tribute So That We Here At DV Can Show Him Our Appreciation For All He Does For Us ! I've Included An Article Below So That This Remains In The News Section ! Foreign investment and the possibility to stimulate the Iraqi economy Foreign investment is the missing link in the Iraqi economy, the country's oil and natural resources and population. More than decade of lost development articulated clearly the current political system deficit harmonic squad for economic and financial management of the country's enormous ability to wastage of economic and financial resources through poor management and planning, nepotism and financial and administrative corruption. Previous governments failed to different Bquadrha for managing billions of dollars of Iraqi oil money and did not even succeed in setting up a sovereign wealth fund works as a buffer to soften the financial unit price fluctuations and increase the flexibility of the budget to respond to the current oil shock, like the countries of the Arabian Gulf. But those governments have worked to recycle oil money flowing into the channels to increase the size of government institution and the consolidation of the feet of the ruling political elite on economic and financial potential of the country. The fall in oil prices is an opportunity to redraw the economic track of Iraq through the adoption of a package of measures aimed to attract foreign investment, especially foreign direct investment, which invests in the real economy of factories, companies and infrastructure, and other health and educational facilities. Although the security situation experienced by Iraq, but the investment opportunities available in many areas (Central Euphrates provinces, for example) clearly showed attractiveness to foreign investors, and this is shown by several reports of the Supreme Commission for investment in Iraq. In addition to the attractive investment opportunities in the Iraqi economy, there is a set of incentives that will attract foreign investment, including: - The existence of a local market is able to absorb most of the goods and services that may result in the future as a result of investment in Iraq and the demand driven by a large array of state employees, which means securing the drainage outlets in advance. - Iraq has the donation demographic where young people constitute the bulk of the population size, which means securing manpower and the various skills and educational levels. - Relative stability in the dollar exchange rate and the inflation rate which is the mainstay of the entry of foreign investment of any country in view of what is represented by the monetary stability of advantage to the foreign investor. - A large part of the availability of raw materials, especially energy and derivatives, which are an essential element of a large number of major investment projects in addition to Iraq as it contains other natural resources. - The diversity of the areas and opportunities for investment in the Iraqi economy, where foreign investor can direct their money towards various sectors in Iraq as a sector housing and the health sector, industry and trade sector and the agriculture sector and the tourism sector and the education sector and other sectors. And disclose data economic reports and the diversity of investment opportunities in these sectors, economic and financial feasibility to invest in. - Iraq has the advantage of location, if mediating the country's largest commercial site in the region and surrounded by a set of broad business relationships countries, which is an opportunity to engage in regional markets in the future with products of high quality and low cost after satiate the need of domestic demand. However, there are a range of obstacles created by the political system deviation in achieving economic targets upper inhibit foreign investment force inside, but I worked those obstacles during the years prior to the National Investment escape to neighboring countries in search of investment opportunities safe. Among the most prominent of these obstacles: - The complexity of the administrative and legal procedures and multiple episodes of bureaucracy to obtain an investment license in Iraq, did not resolve to invest a large part of this problematic law. According to most of the experiences of the oil countries that have succeeded in attracting foreign investment (Indonesia, for example) that create a favorable legislative legal environment to attract foreign investment opportunities it was possible the most important for the flow of foreign investment towards it. - Increasing financial and administrative and political corruption rates in most of the episodes granting the license to the foreign investor, as teeming with investment, ministries and other government institutions Pmaviac corruption that define the bidding, according to the generated by the project from a financial and real gains bodies (ratios in the project). - The weakness of the state and the law to extend security and stability and continuous attempts to overthrow the government and constant replacement of government staff is obsessed irks most foreign investors, fearing the emergence of a new political class tend to nationalization and the abolition of all contracts and concessions and investments granted to the continuous foreign in previous eras. - The security situation in the country and the spread of pockets of crime and terrorism in Iraq prevent the influx of foreign personnel necessary to start and continued foreign investment projects for fear of killing and extortion. - Flooding the Iraqi market goods overseas from several countries and with the help of political influence in Iraq could hinder the success of foreign investment projects in the proliferation and gain market due to the absence of an element of competition for the benefit of the product of foreign support for political and financial purposes, which reduces foreign investment opportunities in the containment of the domestic market and go after some foreign markets . The fragility of the economic and financial situation in the country makes it imperative for decision-makers to reconsider policies, laws and regulations concerning foreign investment not only because of foreign investment from foreign currency to be tributary to the process of economic development and reconstruction of Iraq and solving some sectoral problems of the Iraqi economy and provide new job opportunities as an alternative to the government sector provided saggy, but also as it provides the entry of foreign financial-inspiring huge and sophisticated genres technology in the production of activated Iraqi private sector trusts mainly on government activity companies, and the creation of a local market will be able to correct the imbalance suffered by the Iraqi economy and caused by the weakness of the government administration in the economic file management and dependence on the oil resource in the financing and the budget and the economy. http://www.middle-east-online......?id=238698