EXPERTS: GOVERNMENT EFFORTS HAVE PLACED IRAQ IN ADVANCED POSITIONS GLOBALLY IN THE FIELD OF FOREIGN INVESTMENTS
Experts in economic affairs praised the government’s efforts to encourage investment and Iraq’s obtaining advanced positions in foreign investments, stressing that the government’s vision was reflected in the noticeable improvement in the investment climate in Iraq and the efforts made to strengthen the economic sector and attract more direct foreign investments.
In this regard, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, said: “The Iraqi economy is characterized by two basic features that help give it preference in foreign investment: the first is the cash flows in foreign currency reflected in the current account of the balance of payments relative to the gross domestic product, which the international economic and national centers estimate at a surplus estimated at By about (positive 7%), Iraq also ranks second in OPEC oil production and fifth in the world in that production.”
Yes, Iraq is an attractive environment for investment.
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