An invitation to re-evaluate the performance of public and private companies
01/22/2014 09:28
Represents private sector activity domestic hub of the economic development process, according to the approved constitution and local management mode joints economy Bahdt private companies (according to a specialist in economic affairs), pointing out that the private sector must stand up abilities executive and his experience of mankind. engine of the economy , Director General of the Bank of Mesopotamia Abdul Hussein Mundhiri said that companies and their different activities and sizes are the main driver of economies and the largest contributor to the GDP of countries both have been working under a capitalist system or a socialist according to the philosophy of the state to adopt the economic approach appropriate to the community. legislative environment and stressed in his speech (morning) that the regulation mechanisms of action of the private sector and its needs to review the legislative environment and the creation of laws is perfect does not intersect with each other, and working to attract international expertise and capital that invests in strategic projects from which the development of economic sectors. rated companies suggested Mundhiri the formation of a joint committee of the Department of Registration Companies at the Ministry of Commerce and Industrial Development Directorate at the Ministry of Industry and the Department of classification of contractors in the Ministry of Planning to conduct an assessment of Iraqi companies and foreign re-classified again in the light of the continuation of its activities and the size of its financial solvency and the extent of its commitment to the standards of good governance because its current state now needs to study the minutes where we did not find her contribution Remember in the GDP and the provision of goods and services so we import the most basic goods and services. welfare and continued on these companies fall many responsibilities most important social responsibility and then provide goods and services and operate workforce different competencies and skills and then the economic stability which leads in turn to reach the level of welfare Social if I worked these companies in accordance with the objectives set for it. state revenues and the importance that contribute to corporate profits in the promotion of state revenues from taxes obtained from the profits, and what was the big companies that operate in a market economy have significant effects on economic and social reality of the country, indicating that the impact of extended to include the political reality also became these companies affect all the joints of the economic, political and social, also have an important role in economic decisions issued by the political authorities. development of mechanisms of action and said: Anyone who has followed the mechanisms of action of our companies private or public finds it a far cry from the level of the Arab companies and global in terms of performance and can be found far from determining financial allocations for detailed research and development, as it did not provide an innovation or product for which a distinct industries electrical or electronic or cars or renewable energy, among others.pointed out that our companies, demanding that it live up to its business to appeal to and attract foreign capital to promote success and expansion, as happened with some of the banks that entered it the capital of an Arab've shared to increase their capital, but it is these increases did not change their performance often required to benefit from the experiences of companies as well. investment contracts and continued Mundhiri saying that the monthly statements issued by the registrar of companies, which suggests to grant permits the establishment of hundreds of Iraqi companies a month and thousands per year, noting that these companies did not bring anything new and even foreign companies that enter the country has not found work so rush and desire in which they operate in their countries and are often found interference in competition with local and foreign companies for investment contracts or supply contracts, and after that you get to sell these contracts to other companies and to withdraw after you take profits against which I have not done the work, so it has not activated the stock market level of ambition. Because the companies are not serious in developing their business and increase their capital requires the organization of these things in the right direction.
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01/22/2014 09:28
Represents private sector activity domestic hub of the economic development process, according to the approved constitution and local management mode joints economy Bahdt private companies (according to a specialist in economic affairs), pointing out that the private sector must stand up abilities executive and his experience of mankind. engine of the economy , Director General of the Bank of Mesopotamia Abdul Hussein Mundhiri said that companies and their different activities and sizes are the main driver of economies and the largest contributor to the GDP of countries both have been working under a capitalist system or a socialist according to the philosophy of the state to adopt the economic approach appropriate to the community. legislative environment and stressed in his speech (morning) that the regulation mechanisms of action of the private sector and its needs to review the legislative environment and the creation of laws is perfect does not intersect with each other, and working to attract international expertise and capital that invests in strategic projects from which the development of economic sectors. rated companies suggested Mundhiri the formation of a joint committee of the Department of Registration Companies at the Ministry of Commerce and Industrial Development Directorate at the Ministry of Industry and the Department of classification of contractors in the Ministry of Planning to conduct an assessment of Iraqi companies and foreign re-classified again in the light of the continuation of its activities and the size of its financial solvency and the extent of its commitment to the standards of good governance because its current state now needs to study the minutes where we did not find her contribution Remember in the GDP and the provision of goods and services so we import the most basic goods and services. welfare and continued on these companies fall many responsibilities most important social responsibility and then provide goods and services and operate workforce different competencies and skills and then the economic stability which leads in turn to reach the level of welfare Social if I worked these companies in accordance with the objectives set for it. state revenues and the importance that contribute to corporate profits in the promotion of state revenues from taxes obtained from the profits, and what was the big companies that operate in a market economy have significant effects on economic and social reality of the country, indicating that the impact of extended to include the political reality also became these companies affect all the joints of the economic, political and social, also have an important role in economic decisions issued by the political authorities. development of mechanisms of action and said: Anyone who has followed the mechanisms of action of our companies private or public finds it a far cry from the level of the Arab companies and global in terms of performance and can be found far from determining financial allocations for detailed research and development, as it did not provide an innovation or product for which a distinct industries electrical or electronic or cars or renewable energy, among others.pointed out that our companies, demanding that it live up to its business to appeal to and attract foreign capital to promote success and expansion, as happened with some of the banks that entered it the capital of an Arab've shared to increase their capital, but it is these increases did not change their performance often required to benefit from the experiences of companies as well. investment contracts and continued Mundhiri saying that the monthly statements issued by the registrar of companies, which suggests to grant permits the establishment of hundreds of Iraqi companies a month and thousands per year, noting that these companies did not bring anything new and even foreign companies that enter the country has not found work so rush and desire in which they operate in their countries and are often found interference in competition with local and foreign companies for investment contracts or supply contracts, and after that you get to sell these contracts to other companies and to withdraw after you take profits against which I have not done the work, so it has not activated the stock market level of ambition. Because the companies are not serious in developing their business and increase their capital requires the organization of these things in the right direction.
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