Business Council member: With these steps, the industrial reality in Iraq will develop
A member of [url=https://www.thebaghdadpost.com/ar/Story/t/119771/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D8%A7%D8%B9%D9%85%D8%A7%D9%84 %D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A]the Iraqi National Business Council,[/url] Ghadeer Al-Attar, stressed that assessing and succeeding the industrial reality in [You must be registered and logged in to see this link.] requires several things that must be implemented by the relevant authorities.
Al-Attar said in a press statement: "The next industrial policy should focus on building local capabilities to develop local sectors in manufacturing, in addition to supporting small and medium enterprises by providing consulting and financing services programs."
He added: "The Central Bank of Iraq should launch an initiative to support the industrial sector and enhance the competitiveness of local products, including providing loans with less interest, and forgiving debt interest from troubled factories, if any."
Al-Attar called for launching the economic reform program in line with the interest in the industrial sector and resolving the crises facing it, preparing the infrastructure and completing all factors related to supporting the national product.
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