The campaign began for candidates for the elections and the blocs and parties contested the introduction of political and economic programs on the citizens, and is supposed to choose the candidate on the basis of the electoral program will achieve gains and achievements for Iraq and its people.
"Economic News" met with the economic adviser, Mr. Samir Nusairi specialist in the economic and banking, to contribute to provide assistance to all candidates, because the people want candidates, blocs and parties to adopt a comprehensive national program of economic reform during the next electoral cycle after the results of the elections.
What is the general framework of the reform program?
- Most countries, especially the developing countries and Iraq, one of them adopts their curricula and economic system on the thought, philosophy and ideology that the political system believes in and based on the economic, human and natural resources, infrastructure, structural and infrastructure available to the economy and the strategic objectives to achieve the welfare of society and the basic needs of the people and make it feel That his political system for his service and the building of his future, but in the particular political, security and economic circumstances that our country is currently living in, especially the troubled economic reality and the crisis Economic and financial impacts that have clearly affected the implementation of the plans of the government and the private sector to contribute to economic development as this crisis causes and implications of current and future because of the sudden decline in oil prices in the world market, which is the main resource for Iraq economically, which is about 60% of GDP and 95% of The annual revenues in the general budget and the apparent failure to create new economic resources and weak economic planning and the lack of coordination between the financial and monetary policies and the continuation of the deficit from year to year in the deficit in non-oil revenue and in public budgets And the deficit in the balance of payments because of the lack of sovereign fund similar to other oil countries, in addition to the confusion of the economic vision deep in the background and the reality of the Iraqi economy rent and the migration of national capital abroad because of the subjective and objective conditions above and instability in the business environment.
What interests us here is the Iraqi economy and what is new in it What are the degrees of development and underdevelopment in its main workshops and what are their implications for sustainable development? What is our economic strategy and post-election reform program?
How can the overall framework of the program be achieved?
First, a road map should be drawn up at the strategic and phased level to reformulate Iraq's new economic approach, which adopts the mechanisms of transition to a market economy.
Second: Activating the decisions reached by the expert committees formed by the Council of Ministers in 2015 for each economic sector to implement the road map for each economic sector. Implementation of these decisions is subject to monitoring, monitoring and evaluation.
The formation of a joint legal committee between the government and the private sector to reformulate, amend and issue new laws and activate all laws issued and currently suspended, which govern the management of the economic process and serve the implementation of the road map, which is approved, all the laws of the legislative environment that regulate and manage the Iraqi economy in its new curriculum.
Fourth: Reviewing all associations, associations and organizations formed by law or administered by internal regulations and establishing the private sector council. Its functions shall be as specified in a strategy for the development of the private sector for the years (2014-2030), starting from a purely Iraqi experience that is consistent with every Iraqi thing. And the bright future we see with optimistic eyes and work according to the principle of (we disagree in politics and unite the economy) because people do not achieve their well-being, happiness and prosperous future without a strong national economy contributes to the construction of all and the foundations of this construction is available in Iraq.
V. Review, evaluate and reconstruct the structural and institutional system and address structural imbalances in the economy.
Sixth: The establishment of the Supreme Economic Council is linked to the Council of Ministers with the participation of a wide range of government experts and experts in the private sector. It includes experts, specialists and independent technocrats. The Council is responsible for strategic planning of the economy, defining executive policies, monitoring and monitoring implementation of future development plans and visions. Its decisions shall be binding upon the approval of the Council of Ministers. It supervises and monitors the following national economic institutions:
1. Private Sector Council
2. National Savings Fund (Sovereign Fund)
3- High Committee for Import, Export and Investment
4. National Reconstruction Fund
5. Committee for the Support and Protection of National Production
6. Small and Medium Enterprise Development Corporation
7. General Service Council
Re-review and evaluate the applications of financial and monetary policies and address the challenges of stability in the financial system and monetary system.
What is the initiative of the Central Bank of Iraq?
- The initiative of the Central Bank of Iraq to prepare and launch its strategy for the years 2016-2020, which included the main objectives and sub-financial stability and monetary development and the development of the banking system in accordance with the mechanisms and points of new work and actually achieved a large part during the years 2016 and 2017 and recovery of the Iraqi dinar and improved international credit rating for Iraq, Put monetary policy applications on the right track, but that does not prevent re-review and evaluation.
SOURCE
"Economic News" met with the economic adviser, Mr. Samir Nusairi specialist in the economic and banking, to contribute to provide assistance to all candidates, because the people want candidates, blocs and parties to adopt a comprehensive national program of economic reform during the next electoral cycle after the results of the elections.
What is the general framework of the reform program?
- Most countries, especially the developing countries and Iraq, one of them adopts their curricula and economic system on the thought, philosophy and ideology that the political system believes in and based on the economic, human and natural resources, infrastructure, structural and infrastructure available to the economy and the strategic objectives to achieve the welfare of society and the basic needs of the people and make it feel That his political system for his service and the building of his future, but in the particular political, security and economic circumstances that our country is currently living in, especially the troubled economic reality and the crisis Economic and financial impacts that have clearly affected the implementation of the plans of the government and the private sector to contribute to economic development as this crisis causes and implications of current and future because of the sudden decline in oil prices in the world market, which is the main resource for Iraq economically, which is about 60% of GDP and 95% of The annual revenues in the general budget and the apparent failure to create new economic resources and weak economic planning and the lack of coordination between the financial and monetary policies and the continuation of the deficit from year to year in the deficit in non-oil revenue and in public budgets And the deficit in the balance of payments because of the lack of sovereign fund similar to other oil countries, in addition to the confusion of the economic vision deep in the background and the reality of the Iraqi economy rent and the migration of national capital abroad because of the subjective and objective conditions above and instability in the business environment.
What interests us here is the Iraqi economy and what is new in it What are the degrees of development and underdevelopment in its main workshops and what are their implications for sustainable development? What is our economic strategy and post-election reform program?
How can the overall framework of the program be achieved?
First, a road map should be drawn up at the strategic and phased level to reformulate Iraq's new economic approach, which adopts the mechanisms of transition to a market economy.
Second: Activating the decisions reached by the expert committees formed by the Council of Ministers in 2015 for each economic sector to implement the road map for each economic sector. Implementation of these decisions is subject to monitoring, monitoring and evaluation.
The formation of a joint legal committee between the government and the private sector to reformulate, amend and issue new laws and activate all laws issued and currently suspended, which govern the management of the economic process and serve the implementation of the road map, which is approved, all the laws of the legislative environment that regulate and manage the Iraqi economy in its new curriculum.
Fourth: Reviewing all associations, associations and organizations formed by law or administered by internal regulations and establishing the private sector council. Its functions shall be as specified in a strategy for the development of the private sector for the years (2014-2030), starting from a purely Iraqi experience that is consistent with every Iraqi thing. And the bright future we see with optimistic eyes and work according to the principle of (we disagree in politics and unite the economy) because people do not achieve their well-being, happiness and prosperous future without a strong national economy contributes to the construction of all and the foundations of this construction is available in Iraq.
V. Review, evaluate and reconstruct the structural and institutional system and address structural imbalances in the economy.
Sixth: The establishment of the Supreme Economic Council is linked to the Council of Ministers with the participation of a wide range of government experts and experts in the private sector. It includes experts, specialists and independent technocrats. The Council is responsible for strategic planning of the economy, defining executive policies, monitoring and monitoring implementation of future development plans and visions. Its decisions shall be binding upon the approval of the Council of Ministers. It supervises and monitors the following national economic institutions:
1. Private Sector Council
2. National Savings Fund (Sovereign Fund)
3- High Committee for Import, Export and Investment
4. National Reconstruction Fund
5. Committee for the Support and Protection of National Production
6. Small and Medium Enterprise Development Corporation
7. General Service Council
Re-review and evaluate the applications of financial and monetary policies and address the challenges of stability in the financial system and monetary system.
What is the initiative of the Central Bank of Iraq?
- The initiative of the Central Bank of Iraq to prepare and launch its strategy for the years 2016-2020, which included the main objectives and sub-financial stability and monetary development and the development of the banking system in accordance with the mechanisms and points of new work and actually achieved a large part during the years 2016 and 2017 and recovery of the Iraqi dinar and improved international credit rating for Iraq, Put monetary policy applications on the right track, but that does not prevent re-review and evaluation.
SOURCE