Specialists: The government is determined to promote the private sector to be able to manage the domestic market in 15 years

Author: BS, MJ
Editor: BK, BS
05/08/2015 15:24
Number of Views: 209


Long-Presse / Baghdad
Stressed the economic advisor to the prime minister, on Wednesday, that work is continuing the first phase of the national strategy to promote the private sector, and move public companies to work in the market, while between the parliaments they include three phases implemented over 15 years down the independence of the private domestic market management sector, and explained member of the national team for the advancement of this sector to reduce the allocations of the three presidencies and rationalization of expenditures are part of the program to maximize state revenues.
He said the appearance of Mohammed Saleh, an economic advisor to the Prime Minister, Haider al-Abadi, said in an interview to the (long-Presse), "The work is continuing the first phase of the national strategy to promote the private sector by moving state-owned work companies in the market," returned that "it is a President step in that strategy. "

Saleh added that "the Iraqi Central Bank gave five trillion dinars for the domestic market in the framework of the strategy to support the private sector," noting that "the most important characteristic of that strategy is to strive for the establishment of the Iraqi market, which will be within the next year in 2016 or the next Council."

He said economic adviser Ebadi, that "the work that strategy extends to the year 2030 in order to ensure the promotion of the private sector's contribution to gross domestic product by at least 50 percent instead of the current 36 percent."
For his part, member of the parliamentary committee supervising the national strategy to promote the private sector, Haitham al-Jubouri, said in an interview to the (long-Presse), said that "the national strategy to promote the private sector is in three phases implemented over 15 years," adding that "the first phase of which is the participation of State support in the private sector, and the second with the participation of the state of the sector, and the recent independence of the private sector to act alone in the local market management. "
He revealed al-Jubouri, for "the formation of ten committees private agricultural and industrial sectors, to facilitate the procedures and regulations of banking, tax and accounting, and the reform of the private sector and propose special this legislation," noting that these "committees comprising representatives from relevant ministries and parliament."

Meanwhile, a member of the national team to promote the private sector, on behalf of Jamil, in an interview to the (long-Presse) that "for reducing the allocations of the three presidencies and the rationalization of expenditure decisions are part of the work of the national team," adding that "the national team is working to maximize state revenues and activation sector private, and soon will have the initiative to launch an initiative to support the private industrial sector and overcome the obstacles it faces. "

Beautiful promise, that "the central bank allocated trillion dinars to lend to small and medium-sized enterprises, is part of the promotion of the private sector measures," she returned to "the Iraqi Central Bank will contribute for the first time in the economic development programs that are the basis in law and his work, through this procedure, as well as five trillion dinars "amount.

The Iraqi government announced in an earlier launch of the national strategy time to promote the private sector, indicating that it will include the diversification of income sources and create an attractive investment environment for the private sector, and the state gradually move away from care projects directly.
The Minister of Planning, Salman al-Jumaili, said in (the 25th of June 2015), the need to base the correct information for the development of the private sector in Iraq, while between the government program focused on private sector development mode, expressed the readiness of the ministry to the success of the project developed to enable it to fulfill its role Development required.

The Council of Ministers approved, on the first Tuesday (22 July current 2015), to reduce the prime minister and his deputies' salaries by 50 percent, and the allocation of agents ministers and advisers and those with special grades by 40 percent, while among that cut a major salary of the Republic and the House of Representatives will be by the Prime Minister, the implementation of the resolution starting from the beginning of next August.

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