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Advisor to the Association of Banks: Government support for the private sector is the main pillar for achieving economic reform
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Economy News - Baghdad
The economic and banking advisor to the Iraqi Private Banks Association, Samir Al-Nusairi, confirmed today, Thursday, that government support and special care for the national private sector is the main pillar for achieving economic reform and is the solution to all the economy’s problems.
Al-Nusairi said, in an interview with Al-Iqtisad News, that “through discussion, analysis and study of the economic reality that Iraq is going through, it is necessary to determine, with logical, scientific and economic analysis, the most prominent axes that require finding solutions in the next stage with the aim of building sound premises for the transition to... Proper construction of the economy and giving a role to the private sector in making economic decisions. This will be supported by the Prime Minister’s presidency of the Private Sector Development Council, the general assembly of which was held last month in the Ministry of Planning, which is currently responsible, in conjunction with representatives of the private sector, for preparing the internal regulations of the Council in order to initiate actual work to achieve its goals. Private sector development strategy for the years 2014-2030.
Al-Nusairi added: “For the purpose of implementing the strategy, it is required that the government and the private sector in all its banking, industrial, agricultural and service fields participate and cooperate in implementing the government’s plans contained in the government curriculum in the axis of supporting the private sector and developing its activities in directions that achieve interim, medium and long-term goals, and this means involving the private sector in a greater role.” In managing the economy and making economic and development decisions.”
I suggest that “there should be a representative of the private sector in the Council of Ministers in the capacity of observer and participate in expressing opinion and advice, and that the private sector be represented in the boards of directors and opinion bodies in ministries and government production institutions according to the areas of each sector and in the follow-up committees for following up on the implementation of the decisions of the Council of Ministers, and that there be a vision.” "A clear vision of the role of the private sector for the new phase and the involvement of experts, non-governmental specialists and academics in implementing the desired comprehensive economic, financial and banking reform programme."
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Added 02/15/2024 - 2:16 PM
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Economy News - Baghdad
The economic and banking advisor to the Iraqi Private Banks Association, Samir Al-Nusairi, confirmed today, Thursday, that government support and special care for the national private sector is the main pillar for achieving economic reform and is the solution to all the economy’s problems.
Al-Nusairi said, in an interview with Al-Iqtisad News, that “through discussion, analysis and study of the economic reality that Iraq is going through, it is necessary to determine, with logical, scientific and economic analysis, the most prominent axes that require finding solutions in the next stage with the aim of building sound premises for the transition to... Proper construction of the economy and giving a role to the private sector in making economic decisions. This will be supported by the Prime Minister’s presidency of the Private Sector Development Council, the general assembly of which was held last month in the Ministry of Planning, which is currently responsible, in conjunction with representatives of the private sector, for preparing the internal regulations of the Council in order to initiate actual work to achieve its goals. Private sector development strategy for the years 2014-2030.
Al-Nusairi added: “For the purpose of implementing the strategy, it is required that the government and the private sector in all its banking, industrial, agricultural and service fields participate and cooperate in implementing the government’s plans contained in the government curriculum in the axis of supporting the private sector and developing its activities in directions that achieve interim, medium and long-term goals, and this means involving the private sector in a greater role.” In managing the economy and making economic and development decisions.”
I suggest that “there should be a representative of the private sector in the Council of Ministers in the capacity of observer and participate in expressing opinion and advice, and that the private sector be represented in the boards of directors and opinion bodies in ministries and government production institutions according to the areas of each sector and in the follow-up committees for following up on the implementation of the decisions of the Council of Ministers, and that there be a vision.” "A clear vision of the role of the private sector for the new phase and the involvement of experts, non-governmental specialists and academics in implementing the desired comprehensive economic, financial and banking reform programme."
Views 83
Added 02/15/2024 - 2:16 PM
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