Economist: Iraq did not exploit its release from Chapter VII; Decreased security situation and poor legislation restricted economic growth

Posted: August 21, 2013 in Iraqi Dinar/Politics
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Economist: Iraq did not exploit his release from Chapter VII until today

August 20, 2013, 5:16 pm

Said economic expert on behalf of Jamil Antoine, Tuesday, that Iraq did not benefit from his release from the provisions of Chapter VII until today, attributing this to the absence of economic plans and the deteriorating security situation in the country.

Said Antoine told him the reporter, “news agency Iraqis,” that: “Everyone is optimistic that Iraq will regain its health economic terms after his release from the provisions of Chapter VII, which was imposed on it by the United Nations by bringing global investment firms and international banks and achieve a quantum leap in various areas of life. “

He added: “But this optimism dissipated after the deteriorating security situation and dramatically in the country, it has become a stumbling block before the advent of companies and foreign investment, and the investment process need to be a national effort a great start from the House of Representatives legislation of laws important economic and ending the government and the institutions applying laws the ground to support and strengthen the national economy. ”

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