Najib: economic reforms will be useful if they are within prescribed schedules and plans

BAGHDAD / WAP / confirmed for the economic and investment commission in Parliament, on Thursday, that the reforms initiated packages will be of great benefit to the country and its citizens in the event of moving them under the tables and plans prescribed to her, pointing out that these reforms need time and legal legislation and guarantees of sovereignty. Said committee member Rep. Najiba Najib told Xinhua Baghdad International / WAP / "The government is working very hard and in cooperation with the legislative authority for the advancement of economic and investment reality in the country to overcome the Alarbakat that occurred in the previous period and still until the moment as a result of the deterioration of the economic reality because of its dependence on a single supplier and Anfajad prices global oil. "She added that" there are real steps are to work through which to develop investment and economic sectors through legislation retired workers law, social security, which forms the backbone to secure the private sector and the granting of opportunities and the desire for graduates to work in this sector, rather than looking for government work.

"She said "one of the important steps is to launch soft loans amounting to four billion dollars, commercial, agricultural and housing banks, which also will contribute to the containment of many ambitious young people to take advantage of its capabilities in small projects unemployment allowance, giving extra benefits for the country."

It showed that "one of the important plans that we will see them soon is activated Payment on credit with international companies to build infrastructure and open development and strategic projects and contracts accessible and within a long-term repayment periods and the benefits of a few. "She Najib that" the development of the investment sector and touch the citizen of the results needs a long time because they need a legal legislation and guarantees of sovereignty, thus we see the citizen of Egged any point in those reforms, but there is a conviction we have that the results if those plans continued ability Bmeidha we will be good and of great benefit to the citizens and the country. "

The prime minister Haider al-Abadi, agreed Sunday September 6, at the launch of granting industrial, agricultural and housing loan in economic reform axis mechanisms . He explained Abadi office that based on the first package of reforms presented by the Prime Minister Haider al-Abadi, at the center of economic reform to stimulate the economy in the country and run the unemployed, the crisis cell approved at its sixth meeting on 24 - 8-2015, headed by the Prime Minister lending mechanism in the industrial, agricultural and housing area, "explaining that it" will be awarded in accordance with the instructions issued by the central bank and other banks, ".