May 2, 2021 | finance & economy

An Economist Stresses The Need To Activate Investment To Reduce Poverty And Unemployment Rates Among Youth

Baghdad / NINA /- Economic expert Safwan Qusay stressed the importance of activating the role of local, regional and international investment by removing all obstacles facing it to reduce poverty and unemployment rates among youth.

Qusay said in a statement to the National Iraqi News Agency (NINA): 'In light of the government's growing trend towards creating job opportunities through the regular private sector, the role of local, regional and international investment must be activated. This requires removing all obstacles to this,' noting the importance of giving governmental guarantees for the possibility of capital recovery in dollar value for investment, in addition to determining an accurate map of investment opportunities in all sectors and in all parts of Iraq.

He pointed out: 'Iraqi youth are looking forward today to work, and these energies must be absorbed in a way that enables the Iraqi economy to take its place in the region and globally, with the need to move to attract investment from its various origins and activate participation with the international insurance sector to contribute to removing the risks that investors think.'

He continued, 'Iraq has a high potential to attract these funds and in all sectors, all of this will be reflected in the entry of Iraq into the world of economic diversification and contribute to financial stability and reduce poverty and unemployment rates.


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