Abadi instructs the revitalization of the private sector and reduce unemployment

Twilight News / ordered Prime Minister Haider al-Abadi, Monday, to take immediate action to stimulate the private sector and reduce unemployment in the country.

Ebadi said Office in a statement that "the crisis cell held its sixth meeting under the chairmanship of Prime Minister Haider al-Abadi," noting that "al-Abadi said in the beginning of the meeting on the need to pursue the economic and financial situation and the development of policies to respond to these conditions with the decline in oil prices."

He added that "the cell heard a presentation for the development of oil production and the potential for improvement with emphasis on the fulfillment of mutual obligations with international oil companies and to secure better working conditions for them."

It recognized the crisis cell "lending program which is funded by the Iraqi Central Bank in the amount of five trillion dinars distributed evenly on industry, agriculture and housing sectors to be seen in that light of the success rates in the sectors mentioned in the investment of the amounts allocated to them."

The Prime Minister instructed to "direct immediately necessary so as to provide real opportunities to activate and reduce the unemployment rate of the private sector actions."