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The Iraqi parliament seeks to legislate a public-private partnership law
Shafaq News/ The Parliamentary Investment and Development Committee announced, today, Saturday, efforts to legislate a law (partnership between the private and public sector) to raise the level of the Iraqi economy.
Committee member Ahmed Salim Al-Kinani explained, in a statement today, that the law of partnership between the private and public sectors is one of the very important laws in raising the level of the Iraqi economy, as it is concerned with the formula of economic contracting according to international regulations and laws.
He added that this law will preserve the relationship between the two sectors (public and private) in terms of operation, management, financing and development of production lines, which supports the development of the industrial sector correctly, not as it is now in the form of participation, which most economists and jurists consider somewhat vague.
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Committee member Ahmed Salim Al-Kinani explained, in a statement today, that the law of partnership between the private and public sectors is one of the very important laws in raising the level of the Iraqi economy, as it is concerned with the formula of economic contracting according to international regulations and laws.
He added that this law will preserve the relationship between the two sectors (public and private) in terms of operation, management, financing and development of production lines, which supports the development of the industrial sector correctly, not as it is now in the form of participation, which most economists and jurists consider somewhat vague.
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