Economic Researcher is expected to turn Iraq into an economic power through 2020
Monday, 23/08/2010
Baghdad (News) .. Expected economic researcher at the Institute of Iraq's energy Hussein caused Iraq to become an economic power by 2010. Star said in an interview with the (agency's news reports), although the structural imbalances in the national economy, but Iraq will become an economic power, a future mission in the Middle East during the next ten years , and the economy during the next phase will pass much better after reducing the number of U.S. troops and start a new page with the U.S. side, arguing that there are many economic sectors, which could interact through agreements Iraqi companies and the U.S. to develop and infrastructure, describing the industry sector promising and drew the star to the world economies, the post-2007 financial crisis have tended to re-run the real sectors of the economy due to their importance in the management of the State.
Called star to the next stage on the operation of development alternatives for income generation seriousness of the Iraqi economy and the transition from rent to integrative. He explained that international companies are seeing investment mechanism minutes through the study of the Iraqi market and this would require the Iraqi government to expedite the organization of controls and legislation attractive for these companies because we need more than 500-700 billion dollars to rebuild Iraq and this number is not possible to rely on the state budget or international loans.
He noted that the agreement is the strategic framework with the U.S. side, especially in the sector of the economy and education is something very important and vital for the payment of the Iraqi economy to prosperity and benefit from the expertise of the private sector in the administration of infrastructure and housing sector and which are considered one of the strategic problems of the Iraqi economy. The star that the Iraqi economy variable and the variable and has the ability, mobility and interaction, whether interacting informally through Iraqi ministries and public sector companies or through the contribution of the Iraqi private sector. He called star that does not rely on the oil sector in infrastructure financing, but should turn to agriculture and industry trade and tourism, which is the real economy of production is moving train on the railroad promising.
He uncovered that American companies have a desire and not the decision Bastmar the Iraqi oil sector as Exxon Mobil and Halliburton and Odhirford and U.S. companies now want to work in the infrastructure sector and this is what touches also from GE. And what will be done in the future to revive the economy, "said Star: Today we need in order to raise the Iraqi citizen simple degree of the crisis to the degree of sufficiency, an emphasis on design capacity of the giant projects in infrastructure are estimated at 500-700 billion dollars for the Advancement of there is a need for electricity in 24 hours and there is submitted that is enhanced water systems and health systems, water purification drinking . He said we need a revolution in the housing sector to end the current housing crisis ... All of these outstanding projects and is still pending, has Tsafna infrastructure project, but still needs to develop and clarify the mechanisms for working with international companies.
http://www.ikhnews.com/news.php?action=view&id=725
Monday, 23/08/2010
Baghdad (News) .. Expected economic researcher at the Institute of Iraq's energy Hussein caused Iraq to become an economic power by 2010. Star said in an interview with the (agency's news reports), although the structural imbalances in the national economy, but Iraq will become an economic power, a future mission in the Middle East during the next ten years , and the economy during the next phase will pass much better after reducing the number of U.S. troops and start a new page with the U.S. side, arguing that there are many economic sectors, which could interact through agreements Iraqi companies and the U.S. to develop and infrastructure, describing the industry sector promising and drew the star to the world economies, the post-2007 financial crisis have tended to re-run the real sectors of the economy due to their importance in the management of the State.
Called star to the next stage on the operation of development alternatives for income generation seriousness of the Iraqi economy and the transition from rent to integrative. He explained that international companies are seeing investment mechanism minutes through the study of the Iraqi market and this would require the Iraqi government to expedite the organization of controls and legislation attractive for these companies because we need more than 500-700 billion dollars to rebuild Iraq and this number is not possible to rely on the state budget or international loans.
He noted that the agreement is the strategic framework with the U.S. side, especially in the sector of the economy and education is something very important and vital for the payment of the Iraqi economy to prosperity and benefit from the expertise of the private sector in the administration of infrastructure and housing sector and which are considered one of the strategic problems of the Iraqi economy. The star that the Iraqi economy variable and the variable and has the ability, mobility and interaction, whether interacting informally through Iraqi ministries and public sector companies or through the contribution of the Iraqi private sector. He called star that does not rely on the oil sector in infrastructure financing, but should turn to agriculture and industry trade and tourism, which is the real economy of production is moving train on the railroad promising.
He uncovered that American companies have a desire and not the decision Bastmar the Iraqi oil sector as Exxon Mobil and Halliburton and Odhirford and U.S. companies now want to work in the infrastructure sector and this is what touches also from GE. And what will be done in the future to revive the economy, "said Star: Today we need in order to raise the Iraqi citizen simple degree of the crisis to the degree of sufficiency, an emphasis on design capacity of the giant projects in infrastructure are estimated at 500-700 billion dollars for the Advancement of there is a need for electricity in 24 hours and there is submitted that is enhanced water systems and health systems, water purification drinking . He said we need a revolution in the housing sector to end the current housing crisis ... All of these outstanding projects and is still pending, has Tsafna infrastructure project, but still needs to develop and clarify the mechanisms for working with international companies.
http://www.ikhnews.com/news.php?action=view&id=725