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


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Expert: The government sector has failed to produce, and privatization is the solution

    Rocky
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    • Post n°1

    Expert: The government sector has failed to produce, and privatization is the solution Empty Expert: The government sector has failed to produce, and privatization is the solution

    Post by Rocky Mon 19 Dec 2022, 4:59 am

    Expert: The government sector has failed to produce, and privatization is the solution

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    Economy News-Baghdad
    Economic expert Manar Al-Obaidi confirmed, on Monday, that the government sector failed to increase production, suggesting that it be transferred to private or joint stock companies.
    Al-Obaidi said in a publication, "The size of the pharmaceutical market exceeds $3 billion annually. All pharmaceutical companies in Iraq achieve high profits. Hundreds of companies and thousands of types of medicines are available. Samarra Pharmaceutical Company, which is considered one of the most well-known names in the Iraqi pharmaceutical world, achieves an annual loss of $31 billion." Dinar ".
    He wondered: “What are the reasons that led to the loss of a company with such a name and such a market? Was it mismanagement or deliberate destruction to allow the continuity of the pharmaceutical trade, or the weakness of the research and development sector, which could not meet the needs of the local market, or the weakness of control over the pharmaceutical sector, which allows the entry of the worst types at the lowest prices? ".
    He pointed out that "the public sector proves its failure on the productive side, and it has become necessary to privatize the entire government sector and encourage investment
    Whoever talks about reviving the public productive sector will only suffer more successive losses."
    He believed that "the solution is to convert public companies into joint-stock companies, provide a suitable investment environment, tighten control over drug smuggling, and increase spending on research, development and marketing."

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    Added 12/19/2022 - 9:41 AM
    Updated 12/19/2022 - 1:57 PM


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