[ltr]2023.03.15 - 15:15[/ltr]
Baghdad - Nas
Today, Wednesday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified two directions for mobilizing capital and developing the national market, while stressing that ensuring the security of national investment is an important pillar of economic security.
Saleh said in a statement to the official agency, followed by "NAS", (March 15, 2023), that "the national market represents an important source or a major tributary of benefiting from its accumulated economic surplus in order to build national development, as savings are accumulated that are looking for their high investment opportunities." desirable and high returns within the overall economy in its various productive sectors.
He added, "There are two directions that go together in mobilizing capital and developing the national market to contribute to the growth of mobilizing the country's economic investment resources. The first of them is: the availability of physical and legal infrastructure that the state adheres to in the development policy, and the government's infrastructure is considered one of the elements of attracting and encouraging the private sector to invest in the desired country." And the product through the use of its financial savings or surpluses and employing them in an encouraging and safe environment to enable the role of the market in organized economic activity.
And he continued: “As for the second direction: building a productive partnership between the state and the private sector that is based on the principle of (joint win) and is based on the basis of balance and justice in rights and duties between all parties to the market and the state, which is a sign of starting to spark the spark and principles of the (social market) that established its features The country's latest five-year development plan.
And he added, "Therefore, the forces of economic surplus from the private sector, whether local or expatriate, will remain the correct and clear investment climate for them to be the national market (being the most promising investment environment to maximize its activities and returns)."
He noted that "ensuring the security of national investment and the sustainability of the work of private investors in our country is an act of the country's strength and an important pillar of its economic security, which should enjoy national and legal immunity against any risks threatening the work of investment and serious investors, even if it is necessary to issue legislation." Under the title: Market Protection and Security of Investments in the Private Sector.
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