"Tidbits From TNT" Saturday Morning 8-14-2021

TNT:

Tishwash:    white paper incubator

 On the occasion of starting work according to what was stated in the white paper issued by the central government, which we cannot contain in one column, but it does not prevent us from addressing it as it is a practical road map, and in order for the work steps to proceed, according to it, coherently, the executive body should work as an institution with civil society institutions Active or influential, such as unions, associations, federations, and chambers of commerce and industry, but these organizations were and still keep pace with the performance of the executive body with its well-known performance for the past 18 years.

Therefore, it is necessary to have a white paper for these organizations. The leaders have grown old in performance and have become a rollercoaster according to the pressures, except for some of them that have no direct relationship, as these organizations suffer from the same pressure on the official administration (re-elections) and the application of oversight over performance and dealing effectively with what has been accomplished.

And developing work through real conferences for that formation, taking into consideration first that the relationship with the White Paper in the contexts of its work, performance and support, is that of institutions. 

The white paper should also take into account that the market and competition components are not provided automatically by the market itself, but rather (through state institutions), that is, by quality standards and technical specifications set by governmental or semi-governmental bodies related to the market.

And if the efficiency of the market is linked to a minimum level of social justice, then the state’s intervention is the only guarantee to redistribute income through mechanisms, including tax policy. As for state companies that are not self-financed, treating them as an accumulated loss should be quick and essential to ensure a steady pace of the white paper. The active private sector is not among its priorities to address the reality of these companies outside privatization. 

Therefore, it is necessary to pass these companies through the restoration of the mixed sector, which will be, after the relevant ministries move as partners in it, to activity in order to be qualified to invest with the private sector in this field, which has been thwarted by many factors.

 To an external cycle that does not interact with the Iraqi economic cycle, to turn because of that industry into a mere comprador relationship with foreign capital, as is the nature of consumer import, which deepened our rentier economy in its favour.

The mixed sector, after the revival of the frozen one, as distinct models for us, did not flourish or return to its previous activity due to competition and intersection with imports, as well as clothing and food factories. The cement experiment succeeded in the public and private sectors, so passing through the mixed sector filter and reforming union work, is produced after stopping importing what It can be produced locally, the basic needs of secondary and recreational, which we see in the malls, because import led us to the closure of industry and the scaling back of agriculture, which led to an unprecedented class disparity due to the emergence of social strata outside the contexts, which we have cultivated for decades, and the violation of pension laws in terms of service and collection

My knowledge, but the worst has enacted exceptional laws for it, and it became a difficult number in the budget, which confused the pension fund, as the World Bank warns us, as stated on page 14 of the white paper. Activate the work of the reform paper.  link

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Tishwash:  The real reform is to activate the private sector

Those concerned with the economy affirm that economic and administrative reform, in light of the circumstances that Iraq has experienced since 2003 until this day, is a necessity that must be followed by relying on the private sector, as it is the real partner of the public sector, not through ready-made recipes that are presented to it, but through supporting it with legislation, and facilitating His productive investments are not satisfied with holding supporting conferences only, but also by applying their outputs and recommendations.

In this regard, Dr. Hamid Al-Uqabi said, "The studies and research presented by economic and academic organizations are to reach the goal in all possible ways that will lead in the short and long term to change the policy of the economic system in the process of economic and administrative reform, so that the private sector is the leader in development. economic and social, and as an incubator of unemployment.

He added, "With the government's shifts in economic policy in the short term, for the remainder of the current year, by presenting the economic reform process (the white paper), in this short time the economic file needs to review the laws and legislation that regulate economic policy, and the legal, constitutional and legislative measures that are intended to achieve Economic development, the volume of investments in it is still limited to creating sufficient job opportunities for unemployed youth due to instability and corruption.

Al-Uqabi said that "the emerging circumstances made the state really think about increasing non-rentier revenues in the economy through a productive environment capable of achieving the production of new, advanced and distinguished industries, relying on the privatization of stalled, lagging or losing companies in the public sector."

He continued, "This is not the best solution for the advancement of the Iraqi economy unless we take the necessary means to protect the local product from dumping the local market with foreigners, in accordance with the protection and encouragement of the local product, getting rid of consumption and slowing down in front of the will of production, and encouraging a culture of savings that leads to an increase in the citizen's conviction in the role of banks, in The public and private sectors, addressing the reality of infrastructure, and developing international and local relations with a safe haven for investment in Iraq. 

Al-Uqabi stressed that "respecting the spirit of teamwork, enhancing the spirit of initiative and respecting working time, and rejecting dependency and good governance to confront corruption, will limit the state's neglect of the private sector and unilateralism in economic policy, which would create cooperation between the public and private sectors in the steps of correction, implementation and monitoring in reform programs." The economic sector, due to the real private sector expertise in information technology, the skills of its members, and the ability of its institutions to manage its assets.

He pointed out that "this requires the private sector to start from the marginal role to the leading role, to take a role in development and economic reform after a clear vision of the Iraqi economy."

Al-Aqabi called on the state to take care and guarantee the sustainability of welfare and employment in the production process and increase the per capita income of the Iraqi citizen.

The head of the Investment Commission, Suha al-Najjar, had revealed the reasons for obstructing investment in Iraq, saying: "The Investment Commission stresses the granting of investment permits, but the most important problems we face remain the absence of the real investor."

She pointed out that "the first stages of the Rafael project do not approach the lands of citizens," noting that "the commission will grant Rafael projects to the serious investor and prefer the Iraqi investor."

Regarding the Basmaya project, she explained: "We are in a state of negotiation with the Korean company in Basmaya," stressing "the authority's desire to continue the company's work.   link

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Tishwash:  Baghdad: The Neighboring Countries Summit will focus on security and the economy

The Iraqi government spokesman, Hassan Nazim, said on Friday that the "regional neighbors summit" to be held at the end of August in Baghdad "will focus on establishing security in Iraq and the region and building economic partnerships."

Over the past few days, Iraq delivered official invitations to the leaders of a number of Arab and European countries to attend the summit.

French President Emmanuel Macron also announced, on Monday, during a phone call with Iraqi Prime Minister Mustafa Al-Kazemi, that he would participate in the regional summit in Baghdad.

So far, Baghdad has not invited the President of the Syrian regime, Bashar al-Assad, to attend the upcoming summit.

Nazim, who is also the Minister of Culture, said in statements to the official agency, "Ana", that "the Baghdad summit, scheduled to be held at the end of this month, will be attended by important and essential countries from the regional neighbors and others."

He added that the first objective of holding the summit is to achieve stability in Iraq through reaching understandings with the countries of the region, noting that "when the countries of the region stabilize and tensions ease, this will reflect on the stability of Iraq, the region and the neighborhood."

He pointed out that "the second file at the Baghdad summit revolves around the economy, especially since Iraq has great economic partnerships with neighboring countries, including in the field of electricity and petrochemicals, building schools, education projects, agriculture and culture."
Nazim said that "the summit will come out with important decisions related to the economic field and others related to climate change and global warming."

Mustafa Al-Kadhimi's government seeks to bring regional views closer, especially on issues related to Iraq, to ​​distance it from the conflicts in the region and focus efforts to combat terrorist groups.

Baghdad also wants to strengthen its economic relations with neighboring countries and open its doors for investment companies to enter, especially to set up projects in areas affected by the war against the terrorist “ISIS” (2014-2017).   link

Mot: --- Simply Amazing isn't It!! ~~~

Mot: -- Yeppers! --- Another marital Tip!! ~~~ from Mot of course!! ~~~