Economist: the investment climate needs to be supportive government policy
The economic expert Majid Souiri that the security situation and lack of direction of the state in shaping the public about infrastructure may impact on the investment climate in Iraq. "Said Majid Souiri in a statement singled out by the Agency (news) today: that Iraq suffers from the lack of a clear policy for the development of infrastructure infrastructure and the development of the economic process.
He Souiri: that all industrial and agricultural sectors are all you need to local and foreign investment, stressing that the main problem is the lack of investment climate in the country and so far did not see domestic investment level required. He Souiri: Despite the presence of five-year plan for the development of the economy, but there are no any effort or a clear policy so that the plan includes all areas of administrative, economic and financial.
And Souiri: Iraq needs to develop its infrastructure around (400) billion dollars to complete all its projects, especially electricity.
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