Experts looking for privatization to achieve real development

Experts looking for privatization to achieve real development



08/8/2017 12:00 am

Baghdad .. Imad Emirate
Privatization is one of the most reliable tools for sustainable development. It includes all methods and means to end state ownership in whole or in part, as well as private sector asset ownership. It is comprehensive and aims to attract the private sector to public sector management without compromising ownership.
According to the World Bank's concept, privatization represents greater involvement of the private sector in managing the ownership of activities and assets owned or controlled by the state
. The objectives of privatization varied from one country to another because of the economic, political and social factors of each country, as well as the nature of the activity to be privatized, among them the elimination of monopoly and the expansion of the ownership of citizens of projects and investment of their savings and attract the heads Migrating money.
He added that reducing the role of the government in the business sector and opening the door to foreign investment, which leads to the expansion of production and the transfer of modern technology and international expertise and experiences to the interior, all this will raise the burden on the state in terms of financing projects that are economically inefficient. The distribution of electricity related to economic affairs Fawzi Mohammed Bin, success determines the march of each activity, coupled with the experience of privatization to achieve success in the detailed that it adopts, and if we look at the experience of privatization in the distribution of electricity, we see the interaction between the citizen and the company executing this matter. He pointed out that the experience of privatization in the distribution of electricity has succeeded in several areas within Baghdad and began in the cities of the provinces strongly, where we find them in the city of Nasiriyah and Samawah and other cities and there is great optimism as companies are keen to provide continuous processing to collect a simple way, especially that prices are suitable for the family economy Limited Income Here lies the secret of success and we hope that such services will continue to be provided to the citizen. Administrative complications either academic d. Ahmed Omar Al-Rawi pointed out that as a result of the problems of companies and projects of the productive public sector of the problems and complex administrative and bureaucratic, in addition to the conditions that suffered as a result of the wars experienced by Iraq, which caused the low level of production to levels that can not continue to work only through the rehabilitation of these companies and involve Private sector . The narrator continued: The industrial economic reality Asaad Dahan asked about the economic feasibility of privatization and said there are many questions must be raised to find out the reality of economic and social reality and the conditions existing in the country before the issue of privatization, and continued These questions What sells the state and any projects can be privatized successful or faltering or failing, The political, security and economic conditions are appropriate for the process of privatization. Are we privatizing all the public sector projects in a single step or gradually to avoid their repercussions or any methods we follow in the process of privatization of state-owned companies? The privatization of projects must be taken into account. The importance of these strategic projects of importance to society should be taken into account. In order to be successful and successful, the institutional and legislative framework for the privatization process should be provided. Privatization should be gradual, transparent and clear.

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