Encouraging Economic Policies For Creative Entrepreneurship and Reform of Investment Environment in Iraq

Abstract After 2003,Iraq has became suddenly infront of a different economic system, new economic facts and emerging of a new private sector role in investment, foreign trade and international financial relations, in complete harmony with financial openness, the trend of the state became standing on free economic market.The state must provide an appropriate investment atmosphere and also acting sponsoring Legislations. The law of investment No. (13) in 2006 is in harmony with the new trends. Incentive economic policies of entrepreneurship growing is at the head of transformation mechanisms in Iraqi economy. To reform investment environment there must be stable economic and political atmosphere, little corruption levels, right protecting of material and intellectual property, stable Labour laws, the ability of private sector to enter markets, and corporate governance active mechanisms. Asserting the necessity of good governance culture, expanding experiences in reading investing Laws

Abstract licence: CC BY

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