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Economist: the reluctance of state departments of state-owned companies buying products will hurt the local product
06-12-2013 08:12 AM
Baghdad (news) .. Called economic expert, Ismail Radi, departments and ministries of the state need to contract with companies and the Ministry of Industry to support and develop their products, stressing that the reluctance of government institutions to buy the products of these companies would hurt national product.
Radi said (of the Agency news): that some government departments to refrain from contracting with companies and laboratories of the Ministry of Industry and Minerals and prefer to contract with a civil or foreign companies, and this caused significant damage to at companies and factories.
He added: must save these companies threatened to stop by forcing all state institutions to contract with them for the support and development of local industrial products, stressing that the country needs for the possibility of the industrial sector for the purpose of supporting the national economy and promote imports.
He continued: there must be interest in this important sector and activate its role in the economic process.
This has complained about some of the companies and the Ministry of Industry and Minerals not to market their products because of the reluctance of some state ministries of contracting with them, making some companies declare bankruptcy and lose money is enormous. / End / 8. H. / P
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06-12-2013 08:12 AM
Baghdad (news) .. Called economic expert, Ismail Radi, departments and ministries of the state need to contract with companies and the Ministry of Industry to support and develop their products, stressing that the reluctance of government institutions to buy the products of these companies would hurt national product.
Radi said (of the Agency news): that some government departments to refrain from contracting with companies and laboratories of the Ministry of Industry and Minerals and prefer to contract with a civil or foreign companies, and this caused significant damage to at companies and factories.
He added: must save these companies threatened to stop by forcing all state institutions to contract with them for the support and development of local industrial products, stressing that the country needs for the possibility of the industrial sector for the purpose of supporting the national economy and promote imports.
He continued: there must be interest in this important sector and activate its role in the economic process.
This has complained about some of the companies and the Ministry of Industry and Minerals not to market their products because of the reluctance of some state ministries of contracting with them, making some companies declare bankruptcy and lose money is enormous. / End / 8. H. / P
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