Minister of Labor from Jeddah: Iraq is witnessing a qualitative shift towards a market economy
The Minister of Labor and Social Affairs Mohammed Shiaa al-Sudani said that Iraq, having achieved victory over terrorist gangs, is witnessing a qualitative shift in its policies towards a market economy.
"The government has embarked on a package of economic reforms to support the private sector and create an attractive environment for investment," Sudani said during a speech at the Islamic Conference of Labor Ministers held in Jeddah, Saudi Arabia.
He added that "the Iraqi society's awareness of all its categories and religious authorities and armed forces contributed to the restoration of the bitter reality resulting from the wrong policies and previous regimes that affected the factors of growth and recovery," noting that "preserving the features of the map of population and cultural heritage, material and cultural, Operations of sabotage, killing and displacement. "
He added that "the Ministry of Labor and its supporters began to pay attention to issues of poverty and unemployment through the enactment of new laws."
"The Ministry of Labor has developed several programs, including unemployment, such as providing soft loans to young people to create small income-generating projects, creating jobs through entrepreneurship in coordination with international partners, and protecting workers from risks and occupational diseases through spreading the culture of occupational health and safety, "He said.