Prime Minister: We seek to remove obstacles to investment

Brother - Baghdad - Said Prime Minister Haider al-Abadi, Sunday, that the rise in oil prices has not previously invested in the development of other aspects of the economy, pointing to the government's efforts to remove all the obstacles that have hindered investment.

Ebadi said in a speech during the opening of the activities of the Baghdad International Fair 42nd edition, "The Government has committed to the Platform government is clear: to encourage the private sector and partnership between the private and public sectors, and this is one of the foundations of our government program."

He said al-Abadi, that "the government is trying to remove all obstacles and bureaucracy and red tape that hindered investment and hampered economic activity in the country."

Abadi stressed "the need that there should be harmony and integration between the capital and experience in Iraq and abroad, especially in the region," adding that "this integration to pay more productivity and progress."

He said al-Abadi, that "Iraqi policy adopted for over 40 years on a single factor, and almost 90% of our economy is based on oil, and as soon as the price of oil hit and faced a real financial problem."

He pointed out, that "the rise in oil prices has not previously invested in investment in other aspects of the economy, but has been expanded government spending," noting that "the expansion of government spending got us in trouble."

The Abadi called on Saturday (January 10 2015), the provinces and ministries to open wide the door of investment, while warning that the investment will be considered a "crime of terrorism is like" disabled.