The economic and investment commission to discuss ending a self-funded companies 8/25
The economic and investment commission to discuss ending a self-funded companies file
Hosted economic and investment commission headed by MP Abdul Karim al-Naqib Commission decision in the presence of representatives of a number of committees of the Council on Tuesday 25/8/2015, Dr. Abdul Hussein Al-Anbuge Prime Minister for Economic Affairs Adviser and Chairman of the file self-funded companies.
And took place during the hosting discuss the findings of the government committee in charge of finding appropriate solutions to self-funded companies.
Mr. Anbuge He noted that the goal of the study prepared by the Committee is to make the public companies and economic units operate according to economic principles and standards of business and in accordance with the principle of (profit and loss) and enjoy their products to compete at both regional and global, and contribute to the growth and development of the national economy towards diversity and create jobs and make better use of resources.
For his part, MP Abdul Karim al-Naqib to the possibility of adopting some of the possible solutions to the application on the ground and start from the rating companies to winning and losing and perform upgrades by other offer local and foreign investment in accordance with the partnership methods in management or ownership, and also convert another part to joint-stock companies after taking system administrative reform and address the sagging and improve productivity to become attractive to investors.
Captain confirmed that the Committee continuing to hold meetings and invite the concerned executive power, experts and specialists the affairs of the industry and also make field visits to the headquarters of the public companies to listen to the views of relevant where, all the way to prepare a final report which proposed solutions include for submission to the Presidency of the Council of Representatives for approval and entered into force.