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Call for legislation of a special law supports self-financing companies
BAGHDAD - My Day
Spring company called General of the Ministry of Industry and Minerals to the legislation of a special law to support self-financing companies outside the framework of the instructions and implementation of government contracts. The director of the company, Abdul Razak Ahmed, according to a ministry statement said his company threatened to convert to a losing because of the lifting of government support for companies self-financing after he was able to achieve significant revenue during 2012 contributed to securing the salaries of its members fully from its own resources and profits. He pointed out that instructions and implementation of the budget for the year 2013 and ratified by the House of Representatives ruled not to compel state institutions to resort to companies and the Ministry of Industry in the implementation of projects or buy products and treated like companies, private sector, which contributed to the disabled energies company fully due to stop work contracts or difficult to obtain Because of the intensity of competition resulting from the open market policy. He demanded enactment of a special law to support the work of the self-financing companies and excluded from the instructions and implementation of government contracts because they do not serve the work of these companies already suffering from lack of liquidity, especially after stopping decades of partnership with the private sector.
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BAGHDAD - My Day
Spring company called General of the Ministry of Industry and Minerals to the legislation of a special law to support self-financing companies outside the framework of the instructions and implementation of government contracts. The director of the company, Abdul Razak Ahmed, according to a ministry statement said his company threatened to convert to a losing because of the lifting of government support for companies self-financing after he was able to achieve significant revenue during 2012 contributed to securing the salaries of its members fully from its own resources and profits. He pointed out that instructions and implementation of the budget for the year 2013 and ratified by the House of Representatives ruled not to compel state institutions to resort to companies and the Ministry of Industry in the implementation of projects or buy products and treated like companies, private sector, which contributed to the disabled energies company fully due to stop work contracts or difficult to obtain Because of the intensity of competition resulting from the open market policy. He demanded enactment of a special law to support the work of the self-financing companies and excluded from the instructions and implementation of government contracts because they do not serve the work of these companies already suffering from lack of liquidity, especially after stopping decades of partnership with the private sector.
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