Parliamentary government warns investment investor flight

01/05/2017-13:52


Economy and Investment Committee warned the parliamentary Subhi Al-Maliki on Monday of serious repercussions stemming from government neglect of the investment industry and not satisfactory by reimbursing contractors and Iraqi investors.


Maliki said in a press statement followed news economy "to" House actively seeks to pressure the Cabinet to contractors ' dues. "


"These benefits are indexed according to seniority and the amount of money, but he did not ytalak any of them to contractors." and talked about the absence of real efforts by the Government to give these benefits. "


He noted that "failure to give importance to this segment has a negative impact on the country in General and not only the southern provinces leading to serious repercussions on the economy. "Investors ' flight out of the country, depriving the country of great investment potential.


"The contractors are" representatives of the private sector and that all countries in the world adopt the private sector as a key supporter of the State, and the Government deal with investors to prevent failure of the economic process in Iraq. "

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