Abadi adviser: Merge industry companies aim to develop no intention to lay off worker

Abadi adviser: Merge industry companies aim to develop no intention to lay off workers
10/22/2015 0 Comments

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He stressed the economic advisor to the prime minister, on Wednesday, that the integration of the Ministry of Industry and Minerals for a group of companies aims to develop and invest, noting that the Council of Ministers already approved the program for the rehabilitation of state-owned enterprises, in preparation for privatized or converted for public contribution, while among the 22 only Public companies that session exceeds the number, claiming the achievement of "questionable" earnings, he stressed that the state does not intend to lay off about half a million workers in those companies. He said the appearance of Mohammed Saleh, said in an interview to the (long-Presse), said that "most of the fifty state-owned enterprises parked for work, whether industrial or oil or agricultural, although it has more than half a million people, "adding that" 22 of those companies only claim to make profits despite the doubts that hover around.
"He said the economic advisor to the prime minister Haider al-Abadi, that" Ministry of Industry and Minerals began to dissolve formality to that problem by integrating its asymmetric to facilitate the development and investment, "noting that" the Council of Ministers already endorsed a few months ago, on a program for the rehabilitation of state-owned enterprises, in preparation for submission to the private sector, or converted into a public joint stock company, or transmission For a foreign investor, or Kmsatahh.
"And on the workers in those companies, affirmed adviser Abadi, that" the state does not intend to lay off those workers, despite the large number.
"The Ministry of Industry and Minerals, announced, (18th of October the current 2015), for the approval of the Board Minister to merge and reduce its affiliates to only 32 decision, while showed that the merger adopted the similarity of jurisdiction without prejudice to the human resources working in those companies, called for legislative and executive bodies to support directed the ministry to promote the local industrial reality.
He was prime minister for economic affairs adviser , confirmed yesterday the first Tuesday that Iraq imports worth $ 75 billion a year, many of them "worthless" what constitutes a drain on funds, calling for a focus on useful things that meet people's needs and raw materials to encourage industry and domestic production, while called Chambers of Commerce Union to local product support and activate the procedures of quality control at border crossing points to rationalize the import.
It is noteworthy that Iraq is suffering a severe financial crisis due to the decline in world oil prices, and the war being waged against (Daash), note that the Iraqi economy depends almost entirely on the estimated oil revenues.

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