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Federation of Industries: Iraqi goods are not affected by market fluctuations
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Economy News - Baghdad
The Iraqi Federation of Industries affirmed, on Wednesday, the government's determination to solve all problems of the private sector.
The head of the federation, Adel Akab, pointed to "the government's seriousness in solving all the problems of the private sector, as it will provide great job opportunities and create competition among young energies in the future."
Akab said, in an interview with the official news agency, that "the youth energy in Iraq constitutes 68 percent of the people, and it is a labor force that is not available in all countries of the world, so today the government's measures regarding them are described as courageous and daring."
He added, "Industrialists support the prime minister's reform measures, and there is a high interest in registering all funds in social security, as well as transferring sales in Iraqi dinars and using automation in financial transfers to ensure market transparency."
And he added, "Iraqi goods are not affected by market fluctuations, since the goods are entered at a subsidized price of 132 and distributed at this price, but the parallel market is known for its purpose and the methods by which workers obtain funds away from the industry, and it is expected before the end of next June that there will be a balance." Consistent and clear.
He continued, "The Federation of Industries has adopted, in cooperation with the state, the issue of monitoring and accountability for industrial fraud or any issue that harms the Iraqi producer or consumer."
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Added 03/08/2023 - 9:33 PM
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Economy News - Baghdad
The Iraqi Federation of Industries affirmed, on Wednesday, the government's determination to solve all problems of the private sector.
The head of the federation, Adel Akab, pointed to "the government's seriousness in solving all the problems of the private sector, as it will provide great job opportunities and create competition among young energies in the future."
Akab said, in an interview with the official news agency, that "the youth energy in Iraq constitutes 68 percent of the people, and it is a labor force that is not available in all countries of the world, so today the government's measures regarding them are described as courageous and daring."
He added, "Industrialists support the prime minister's reform measures, and there is a high interest in registering all funds in social security, as well as transferring sales in Iraqi dinars and using automation in financial transfers to ensure market transparency."
And he added, "Iraqi goods are not affected by market fluctuations, since the goods are entered at a subsidized price of 132 and distributed at this price, but the parallel market is known for its purpose and the methods by which workers obtain funds away from the industry, and it is expected before the end of next June that there will be a balance." Consistent and clear.
He continued, "The Federation of Industries has adopted, in cooperation with the state, the issue of monitoring and accountability for industrial fraud or any issue that harms the Iraqi producer or consumer."
63 views
Added 03/08/2023 - 9:33 PM
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