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[size=36]The Economic Council discusses with Abdul Mahdi the challenges and obstacles facing investment and investors[/size]
08:46 - 14/02/2019
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BAGHDAD -
The Iraqi Economic Council, headed by President Ibrahim al-Masoudi al-Baghdadi, discussed with Prime Minister Adel Abdul-Mahdi the most important challenges and obstacles facing investment and investors in Iraq.
"The Prime Minister, Adel Abdul Mahdi, received a delegation of Iraqi investors headed by Ibrahim al-Masoudi al-Baghdadi, president of the Iraqi Economic Council," the Economic Council said in a statement received by Mawazine News.
The statement added that "the meeting dealt with several topics, the most important challenges and obstacles facing investment and investors in addition to the discussion of some of the current economic issues in the Iraqi arena," pointing out that "the most important economic topics that were discussed: activating the partnership with the private sector, The Constitution through the formation of a consultative body from the private sector, changing the mechanism of contracting government to be fair and equitable mechanisms and not contracts of compliance, the complexities of financing investment projects and high rates of interest.
He pointed out that "the other important topics discussed: weak performance of government banks, the Iraqi-Jordanian agreement, find a new definition of public funds to include private money and not only government money, and find solutions to the problem of overrun on the land owned by the government."
The meeting was attended by a number of advisors from the Prime Minister and attended by the following investors: - President of the Iraqi Economic Council Ibrahim al-Baghdadi (Masoudi), Saadi and Heib Chihud, Ahmad Ismail Abdulqader, Baqir Kazim Al-Mushat, Ali Fadel Shamara, Mahmoud Al-Rashed Al-Barzani, Karim Nour Al-Yasiri, Ali Raad Tabara, Abdullah Saleh Al-Jibouri, Nemir Karim Al-Aqabi, Diaa Abdul-Mohsen Al-Khawam, Louay Ibrahim Al-Saeed, Tamkeen Abdul Sarhan, Saad Jaafar Naji, Sadiq al-Mashat, Abd al-Muttalib al-Athari, Nizar Hanna Abdo, Abdul Latif Kitan, and AliSaadi and Wahib. "
In a statement received by Mawazine News, the Prime Minister's Office said in a statement that "Abdul Mahdi discussed with a large delegation of Iraqi investors and businessmen the contribution of the private sector to the expansion of economic activity and state building, the challenges facing their work and ways to overcome them. , In addition to many issues related to the work of the private sector and the proposed solutions needed for them.
"We support every action that serves the participation of the private sector in all fields, and we are familiar with the work of the private sector and the challenges facing it. It is wrong to consider it as an annex to the country," he said, referring to the successful experiences of industrialized countries that adopted market economies for the development of their public and private sectors. .
He stressed that "the government's approach to seeking not to take any decision on the interests of this sector in all segments without consultation and involve those involved in the resolution and listen directly to them to come up with resolutions and solutions to all issues."
The Iraqi Economic Council, headed by President Ibrahim al-Masoudi al-Baghdadi, discussed with Prime Minister Adel Abdul-Mahdi the most important challenges and obstacles facing investment and investors in Iraq.
"The Prime Minister, Adel Abdul Mahdi, received a delegation of Iraqi investors headed by Ibrahim al-Masoudi al-Baghdadi, president of the Iraqi Economic Council," the Economic Council said in a statement received by Mawazine News.
The statement added that "the meeting dealt with several topics, the most important challenges and obstacles facing investment and investors in addition to the discussion of some of the current economic issues in the Iraqi arena," pointing out that "the most important economic topics that were discussed: activating the partnership with the private sector, The Constitution through the formation of a consultative body from the private sector, changing the mechanism of contracting government to be fair and equitable mechanisms and not contracts of compliance, the complexities of financing investment projects and high rates of interest.
He pointed out that "the other important topics discussed: weak performance of government banks, the Iraqi-Jordanian agreement, find a new definition of public funds to include private money and not only government money, and find solutions to the problem of overrun on the land owned by the government."
The meeting was attended by a number of advisors from the Prime Minister and attended by the following investors: - President of the Iraqi Economic Council Ibrahim al-Baghdadi (Masoudi), Saadi and Heib Chihud, Ahmad Ismail Abdulqader, Baqir Kazim Al-Mushat, Ali Fadel Shamara, Mahmoud Al-Rashed Al-Barzani, Karim Nour Al-Yasiri, Ali Raad Tabara, Abdullah Saleh Al-Jibouri, Nemir Karim Al-Aqabi, Diaa Abdul-Mohsen Al-Khawam, Louay Ibrahim Al-Saeed, Tamkeen Abdul Sarhan, Saad Jaafar Naji, Sadiq al-Mashat, Abd al-Muttalib al-Athari, Nizar Hanna Abdo, Abdul Latif Kitan, and AliSaadi and Wahib. "
In a statement received by Mawazine News, the Prime Minister's Office said in a statement that "Abdul Mahdi discussed with a large delegation of Iraqi investors and businessmen the contribution of the private sector to the expansion of economic activity and state building, the challenges facing their work and ways to overcome them. , In addition to many issues related to the work of the private sector and the proposed solutions needed for them.
"We support every action that serves the participation of the private sector in all fields, and we are familiar with the work of the private sector and the challenges facing it. It is wrong to consider it as an annex to the country," he said, referring to the successful experiences of industrialized countries that adopted market economies for the development of their public and private sectors. .
He stressed that "the government's approach to seeking not to take any decision on the interests of this sector in all segments without consultation and involve those involved in the resolution and listen directly to them to come up with resolutions and solutions to all issues."
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