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Iraq's economy after the American occupation the worst in the world

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Panhead

Panhead
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Iraq's economy after the American occupation the worst in the world

Friday July 29, 2011

Report: Iraq's economy after the American occupation the worst in the world

Follow-up - and babysit -
Draw "Megan McArdle," Editor & Economics Business Council for the Atlantic magazine in the U.S. Atlantic, the features of the reality of a bleak economy and investment in Iraq in light of the spread of corruption. McArdle says in his report that it plans to establish a project in Iraq that it brings with it about 20 folder to find out the instructions adopted in the country, as well as carrying a large bag carrying huge sums of money to spend on measures to open this investment. He says if you want to open a company or institution in the new Iraq, you should spend a few days to decide the name of your company to be established and have been previously logged another company of that name first ensure the validity of the name, and get (a letter of identification or book name) of the Baghdad Chamber of Commerce for $ 350.000 Iraqi dinars (300 $) U.S. dollars and then spend another $ 900,000 the amount of Iraqi dinars ($ 770) for the appointment of an attorney who in turn Sikbi full day for the development and preparation of contracts related to the establishment of the company. Will then spend two more days, regardless 5,000 Iraqi Dinars, equivalent to ($ 4.30) in the Iraqi Central Bank to issue a receipt to confirm the validity of the establishment of the company and spend another two weeks and payment of 350,000 Iraqi dinars (300 $) to register the company officially in the record business. Now you have to start promoting your business by broadcasting advertisements in local newspapers, which will cost you 80,000 dinars ($ 70) and lost in this promotion 3 days again, and then spend another two days and also spent which ($ 17) dollars for the work of the company's seal. He does not make conflict dominated Dear investor you do not feel dizzy because we are not finished yet. The register with the IRS and give legitimacy to the accounting books, the private also take four days and (625 500) BD (535), followed by three days to register your employees with social security and then to find the classification of your company among other companies and open the file with the (OED) and will take this action, three days your time and settle your have 30 days to 60 days and all this to apply for a business license and all these measures, according to spokesman for the World Bank will take you to an average of 77 days and more than 2 million Iraqi dinars, or about (2000 $) more than the 100 percent of annual per capita income in Iraq this is the reason that Iraq replaced by No. 174 out of 183 countries according to world rankings for starting a business on the contrary, America is ranked ninth, that this process takes a turn in the U.S. 6 just days and about $ 675 and also in America the other hand, you will get a safe environment, electricity, clean water ready and appropriate ways either in Iraq, all you'll get is a certificate from the Commercial Register only. Indicates McArdle that passed eight years led invasion of Iraq and it seems clear that there was not any reason why an object was to invade Iraq, but one reason is certain thing that we heard most often, an allegation the liberation of Iraq and the liberalization of markets and the disposal of the former regime led by Saddam Hussein and this was words of George Bush where he promised in his speech in the city of Cincinnati U.S. "free people from the weight of injustice will make them able to make Iraq unable to participate in the progress and prosperity of our time and rebuild its economy and the establishment of the institutions of liberty in a unified Iraq and live in peace with its neighbors," but everything said George W. Bush is the fantasies and even most of the costs of the war and even the greater part of them did not tolerate the Americans do not directly or indirectly has the cost of this war by Iraqi oil. It shows that America committed a catastrophic error at the occupation of Iraq, which shows that imperial America is not imperialist real and the Iraqi market has become free as we promised the Iraqi people but on the contrary it has become difficult to open a project legally it is difficult to keep a job running and it is impossible to close and one completely, legal. The report quoted Goater Frank, professor of economics at Lehigh University and the Navy officer earlier, saying that a recent survey conducted by the Iraqi businessmen were bleak, "where there was no legal evidence condemns their actions in the last ten years and have a mechanism to evade accountability and control, where they soon discover their actions illegal work and shut down the plant and the withdrawal of all their assets and looting everything in their possession and then escape and disappearance. "

M. J



http://alrayy.com/27592.htm

gente

gente

Liberal propaganda...the Iraqis can blame their leaders for a continuing stagnant economy...they've been sitting on their ass for years and missed deadline after deadline to move the country forward. I'd like to see what these crybabys are saying in 5 years when Iraq is the new Dubai....

Panhead

Panhead
Admin

they'll still be whining....buncha goat chasing ingrates.

gente

gente

Panhead wrote:they'll still be whining....buncha goat chasing ingrates.

your probably right...they'll be bitchin about how their freeways are clogged with Mercedes, Bentleys, and Bmws...and how it's all our fault

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