Darraji chairs the meetings of the corporate restructuring and recommend it to take a number of important measures to achieve reform ...


Wednesday 12/23/2015 11:49
Iraq today / Huda Farhan
Chaired by Minister of Industry and Minerals, owner Mohammed Darraji committee to restructure the state-owned public companies problem, under an order issued by the office Diwani Prime Minister and its membership includes representatives from the ministries that oversee these companies,
In implementation of the plan the big economic reforms committed by the government, and aimed work of this Committee to make public companies organizational units operate according to the principles of market economy and enjoy products of high competitiveness and Bmayshm in converted from losing to the units profitable for the development of the Iraqi economy and to achieve diversity in the composition of GDP to Besides the elimination of unemployment and creating new jobs by following the scientific and global methods in dealing with such problems, including the establishment of business development centers unique step of its kind in Iraq in addition to the use of resources of all kinds are more effective and higher efficiency. The Commission for the restructuring of public companies since its inception to date two meetings chaired by Darraji to organize mechanisms for implementing the restructuring operations including the development of standard contracts to regulate domestic demand directed towards national products mainly to remedy cases of dumping that can occur as a result of contracts and open a window for cooperation and coordination with the Committee on Reform Alkmarki problem in the Office of the Prime Minister to start implementing the customs tariff law in all the country's ports and also resulted in a second meeting to form a committee to follow up the implementation of the decisions of the Commission in the fields and in all the ministries concerned. The Commission has hosted during its meetings advisers to develop a model or more of the mechanics of structural reform to guide the work in terms of the fact that the structural reform of the corporate process that requires the use of international standards to achieve the principles of disclosure and transparency. The Committee made several recommendations to the different state of the legislative, judicial and executive authorities devices to provide facilities and cooperation in the reorganization of economic business environment, including the recommendation to revive the subject of the existence of Platform-importing regulates commercial commodity flows to Iraq, which was in place since the previous contracts for integrated local commercial role with the outside and with the national production and also make way for all employees, regardless of the age requirement and duration of career service for referral to retire requests without applying some limitations contained in Law No. (9) for the year 2014 with the payment of end of service benefits in addition to the recommendation of the ministries to take decisions and actions that contribute to the changing environment for the current business of the companies Pmaahakq goals of restructuring. This seeks the Ministry of Industry Minerals and currently for a loan from the World Bank to help finance the restructuring of public companies to all state-owned enterprises operations after the success of Iraq to grant a loan from the bank mentioned where that work is underway in this regard

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