Demands for economic reforms in Iraq

Posted: March 14, 2011 in Iraqi Dinar/Politics
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Economic reformBaghdad, 14 March (Rn) – Cultural Foundation held term economic conference discussed the economic demands of the demonstrators who turned out in recent weeks, demanding the reform of economic and political system of government.

The Chairman of the Preparatory Committee for the conference, Abbas told Ghalibi Kurdistan News (Rn) that “the conference comes within a series of economic conferences by the institution-term aim of developing a roadmap for the implementation of the popular demands that a predominantly economic nature.”

He added that “the Foundation collected a range of experts and economic officials in the State to discuss with them ways to achieve the economic demands of the demonstrators and that would meet the economic reality in the administrative structure of the Iraqi state.”

He said, “The conference discussed three axes first was focused on the implementation of energy for electricity and a number of working papers, which nurture the work of electrical power in the country either second axis focused on food security and specifically about the card and the hub-third focused on the financial and administrative corruption.”

In turn, the deputy central bank governor Ahmad Obrihi’s (Rn) that “investment contracts with all the energy and oil not only require an analysis of economic and financial deals to see the gains and economic benefits expected from it the reality of Iraq.”

“The electrical energy needed to expand production capacities in all areas of oil and gas in addition to the development of local industry and the development of local production capacity.”

He pointed out that “fiscal policy in Iraq need to activate and monitor the administrative work for Ataiq monetary or financial or agreements with other countries, Iraq, which is associated with financial projects.”

For his part, said an economic analyst and teaching at the University of Mustansiriya Maytham Laibi’s (Rn) that “Congress put up three papers are the heart of claims of protesters who turned out in recent weeks and prompted reforms of government of which the first power supply and the second anti-corruption and a reform.”

He added that “the government’s performance towards the last three axes were not serious over the past years due to the presence of legal and administrative barriers need to reform the real and realistic.”

He continued that “the government’s performance during the next phase requires the provision of a clear mechanism for fueling the work of economic reforms that are less important than political reforms.”

The other hand, an economic expert called peace porous Central Bank and economic institutions-governmental organizations to use the opinion of experts and stakeholders to follow up the economy.

She told (Rn) that “the government’s economic institutions away from the Iraqi economists because of concerns that damaged the interests based on those corporate governance by the scientific and economic views compatible with the financial and economic developments in the world.”

“The State of Atnhi only by following the opinion of economists because they are familiar with the experiences of developing and they have enough experience for the advancement of the Iraqi economy.”

She said “the main issue for the advancement of the Iraqi economy and make real reforms require a change of scope for economic laws and regulations applicable in the management of the economic file in the country.”

The conference witnessed an altercation between an economist Salama porous and Deputy Governor of the Central Bank after it called does not have any monetary policy made to modify the economic reality of transactions and the Central Bank.

The conference concluded with several recommendations that confirmed the need to develop a plan for providing food security and address the shortage of electric power through the mechanisms as well as a quick review Diqiqp boiled for reform in the salary scale.

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