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SMEs need to move production
21/4/2018 12:00 am [rtl]Contributed to the development of major global economies Baghdad / Hussein Thugb Led the medium projects to promote the economies of many countries of the world and achieved results exceeded expectations in the industrial and agricultural production sectors, and showed a clear growth in GDP indicators. In Iraq, the experiment began in 2004 but needs to be expanded and more precise mechanisms are adopted to protect projects and make them an important element in the country's development process. Industrial Projects An expert on economic affairs d. "Rehabilitation of suspended industrial projects, which are not working at full capacity, requires an appropriate environment that the State, civil society organizations, businessmen and all stakeholders will contribute to its establishment, ensuring that the conditions are met. The most important is the enactment of a law to protect national industry and benefit from laws and legislation. Arab and international in this regard. " "The reality of small and medium-sized enterprises requires a comprehensive survey to identify and eliminate imaginary industrial projects, create an appropriate environment for the rehabilitation of industrial projects within the framework of an official national strategy that is transparent and provide a legal legal cover for industrial projects, And provide the necessary protection, especially the early stages. " Financial support "The Industrial Bank, in cooperation with industrial development, should provide financial support to small and medium industrial enterprises affected by terrorism and dumping policy," she said. "The policy of dumping after 2003, resulting in the entry of poor and adulterated goods and sold at lower prices than domestically produced goods, led to the Iraqi goods being unable to compete with imported goods, which caused the local product financial losses made him unable to survive in the market, . Production capacities "Small and medium enterprises are constantly developing around the clock, and despite technological developments in the productive sectors, they have been able to provide job opportunities for a large segment of young people," said the attendees. They pointed out that "this type of projects holds many solutions to the problems of unemployment, and contribute to the increase of gross domestic product, where you can establish many projects in the agricultural sector and the other in the industrial sector." The US experience for small and medium-sized enterprises confirms that it has been able to provide 15 million jobs in 3 years and is a successful experience around the world. The academic funding side d. Thaer al-Ani said that "the main problem in small and medium-sized enterprises lies in the difficulty of determining the opportunity for investment under strong competition, and here we should not focus on the funding side and leave the competition business." He urged "the importance of activating the initiative of 5 million trillion to the Central Bank of Iraq aimed at supporting small and medium enterprises." "The necessity of working to strengthen the legal environment, to help young people to create small and medium enterprises, so there must be laws that protect this type of projects." Iraq has more than 347 thousand micro and small projects with investment portfolio exceeded two billion dollars, and the repayment rate loans for these projects up to 98 percent.[/rtl] [rtl][You must be registered and logged in to see this link.][/rtl] |
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