Economist calls for transforming the Iraqi economy from rentier to free
BAGHDAD / NINA / A member of the Board of Directors of the Iraqi Economic Council, Baqer Al-Mashat, called for the government’s direction towards a free economy through activating a solid investment environment and cooperation and coordination between the public and private sectors.
Al-Mashat suggested in a statement on Monday: “The creation of a special division in the Secretariat of the Council of Ministers to follow up the steps of transition and cooperation between all parties to make this transition a success.”
He called on the private sector, especially the banking sector, to support these trends by providing financial guarantees to attract companies and foreign investors.
He continued, saying: “The best time to support these government trends, especially as the citizen began to harmonize with these measures, which ultimately serve his interests.”