Attorney-Maliki: Merge loss-making companies will reduce the waste of public money



BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - the economic and investment commission in Parliament member Abdul-Salam al-Maliki said that most of the self-financing companies will be integrated with each other for the purpose of control of the sagging and waste of public money in the state.

He stressed the economic and investment commission in Parliament member Abdul-Salam al-Maliki earlier that the Committee discussed three proposals to address the problems in the money-losing state companies and ministries.

He said al-Maliki's (IMN) that "the Commission considers that there are a lot of companies self-financing will be integrated with each other, or prevents its employees to the state ministries to take advantage of their expertise as well as demobilization and refer seniors to retire in order to provide financial liquidity and the advancement of the reality service in the country."

And refused to economic and investment commission in parliament earlier, restructuring of loss-making in the ministries of industry, transport companies, demand a change officials where they are the main reason for the failure of those companies.

Maliki said that "there are 400 thousand employees in 72 self-financing company in the Ministry of Industry and Minerals get paid from the state," explaining that "the government has serious steps in order to restore the military for the purpose of manufacturing factories to take advantage and make this regard."

Maliki added that "The Ministry of Industry and Minerals to benefit from the experiences of former workers in re-mic factories."
Economy and Investment Committee and the parliamentary said earlier, that the government acted four trillion dinars per year on loss-making public sector companies in Iraq, which burden the budget.


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