President of the Federation of businessmen: Iraq unable to compete economically developed States in the event of natural wealth investment

[alan_coaks_3]

6 - 15 - 2012

President of the International Union of businessmen of the penitentiary, the capacity of Iraq Hamid rival Iraq economically developed States in the event of natural resources investment.

He said punitive (News News Agency): that Iraq possesses huge natural wealth is oil and gas, phosphates and sulphur and other minerals, the invested means great economic boom in the country.

He said that this process does require people with the competence and experience of putting appropriate plans for how to invest and eliminate corruption and give an active role for the private sector in market competition, to be advanced States refineries Iraq in economic areas such as Eastern Asia.

He said that because the Iraqi economy on oil revenue only due to the absence of economic vision for the economy as they employ in place did not make forward.

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