13-07-2013 10:29 AM
Baghdad (news) .. Said economic expert on behalf of Jamil Antoine, the importance of the adoption of the principle of privatization of some government institutions and state-owned enterprises in order to give an active role for the private sector to do the stalled government laboratories.
Antoine said (of the Agency news): The government has become unable to manage some enterprises and companies, where there are more than 250 factory turned off from work and contains (180) thousand member receive salaries without providing production.
He added: that government laboratories lack the recent developments and technological, stressing that privatization and style multi is not a way that one will be able to get rid of disguised unemployment and modernization of mechanization and strengthening its capital to provide better products, in addition to the speed of decision-making from the Department of the private sector and the abandonment of bureaucracy and red tape boring.
It is noteworthy that a committee of economy and investment parliamentary called to the importance of reducing some of the economic ministries and service delivery to the private sector as well as the privatization of some state-owned companies in order to convert the central Iraqi economy to a free market. / End / 8. B. PVC /
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