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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Al-Kazemi’s advisor identifies ways to absorb unemployment in the country

    Rocky
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    advisor - Al-Kazemi’s advisor identifies ways to absorb unemployment in the country Empty Al-Kazemi’s advisor identifies ways to absorb unemployment in the country

    Post by Rocky Wed 21 Sep 2022, 5:06 am

    [size=46]Al-Kazemi’s advisor identifies ways to absorb unemployment in the country[/size]
    Economie
    21:49 - 09-20-2022
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    Today, Tuesday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, outlined ways to absorb unemployment in the country, while noting that the private sector needs soft investment financing.
    Mazhar Muhammad Salih said, "The private sector in Iraq is in dire need of soft investment financing in order to achieve the country's goals in activating the role of the private sector by real diversifying the sources of GDP and approaching the goals of the strategy to raise the percentage of the private sector's contribution to the country's GDP from 37% to 50% over the next ten years.
    He pointed out in a talk about ways and methods to absorb unemployment, that "the coherence between the effective investment law and the privileges granted to investors on the one hand and the encouragement of small and medium-sized enterprises for the private sector on the other hand needs a soft government financing association, which requires the activation of a civil development bank or a development fund that facilitates loans directed to activities investment in the private sector within a financing plan for the next ten years.
     Saleh explained, "The activity of the small and medium sector is responsible for absorbing more than half of the currently prevailing levels of unemployment in the country in the event of interest in it, and in accordance with a targeted economic and financing policy that supports the civil economy." 
    He stated, "The monetary policy initiative of the Central Bank of Iraq for years to support civil production and investment activities requires at the same time an initiative undertaken by the fiscal policy in this regard to achieve the sustainability of markets active in production, investment, development and diversification of the areas of the national economy."
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