Nusseiri: Institutional vision of partnership between the next government and the private sector
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The economic and banking advisor Samir Al Nusairi presented his institutional vision for the next four years for the partnership between the government and the private sector to manage the economy, pointing out that it relies on a legal, institutional and methodological structure based on the strategies already prepared by the advisors in coordination with international organizations in all sectors.
He added that "the Iraqi economy and through the study, and the potentialities and factors available, can overcome the imbalances, deviations, poor performance and achieve economic and structural reforms balanced and diversified economy."
Al Nusairi promised to stimulate, encourage and support the private sector and its involvement in economic decision-making and economic management in accordance with the second phase of the private sector development strategy for the years 2018-2022 and the directions of the third phase until 2030 according to a new vision based on article 25 of the constitution, A dynamic and prosperous national initiative, a regional competitor, and a global integrator with the aim of achieving economic diversification, sustainable development and job creation.
He pointed out that "the need to leave the rent economy based on 93 percent of oil revenues and the transition to the productive economy and the development of other vital sectors of agricultural, industrial, tourism, etc., through the restructuring of state-owned industries and the gradual transition to the private sector, Partnerships with local and foreign investors, as well as a review of the legislative environment of the industry and the provision of infrastructure to ensure the requirements of the working environment and the expansion of the establishment of industrial zones.
He also reviewed the development of agricultural production and livestock, the provision of effective inputs and treatments for fields and farms, the maintenance of irrigation and drainage projects, the support of agricultural products intended for export, the improvement of seed quality, the State guarantee of prices, support for small and medium enterprises and the granting of soft loans, A bank to finance these projects to ensure the availability of the fundamentals of steadfastness and economic advancement and the revitalization of the economic cycle.
He stressed that the country is on its way to overcome its crisis of theeconomic and financial stranglehold which has not passed since the nineties of the last century and the imposition of Alhsaralaguetsada, resulting from the sudden and continuous decline of oil prices in the world market and therequirements of the war on terrorism as well as poor management of public funds and the imbalance of structural in the economy and structural deficit In public budgets.
He added that "this requires the next government and the Council of Representatives to activate the law of partnership between the government and the private sector and reconsider the amendment and issuance of laws issued in 2004, which governs the economic process and the establishment of the institutional structure, which includes the participation of public and private sectors in the management of the economy in the next stage, The market and the representation of the private sector in the membership of the Council of Ministers and the planning and executive councils associated with the Council of Ministers and all ministries and subject these councils and ministries to follow-up and control of implementation by a specialized body for follow-up Rkzah directly linked to Mr. Prime Minister.
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