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Private and difficult exam
Economical 2023/07/31
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Yasser El-Metwally
Is the Iraqi private sector ready to assume the responsibility of giving it a role in managing the economic file for the next stage? Exam!. In order to answer this question, a quick review of the distortions in the structure of the Iraqi economy is necessary, as the data indicate that the foundations for the correct transition from the totalitarian approach to the free approach were not adopted. The constitution approved the adoption of a market economy, while totalitarian laws still prevail. Or rather, the totalitarian mentality still prevails, so these distortions and the difficulty of achieving economic reform emerged, regardless of which of the two approaches is best suited to clarify my impartiality in the analysis. Here, on the economic page in particular, since the beginning of the change, I wrote dozens of articles on the importance of giving a role to the private sector in managing The economic file in light of the data of the transition, but to no avail. Now, we notice during the term of Al-Sudani’s tenure as prime minister that interest is emerging on the surface, as he, that is, the President, held meetings with many elites representing the private sector in reference to acknowledging the importance of the private sector in finding a solution to the structural distortions that afflicted the economy, including those related to addressing Thorny files that the state is unable to solve in isolation from the private sector, and among the most important and complex of them is the rampant unemployment problem. This approach and the end of it was the meeting of the President of the Iraqi Economic Council, and it was fruitful because Al-Sudani listened to the most prominent challenges that hinder the private sector in highlighting its required role at this stage and promised to overcome them I say that this trend is the most prominent at this stage. But the question that arises here is; How can these challenges be overcome? The answer is definitely by adopting decisive and binding decisions, legislation, and procedures, and these require an understanding between the legislative and executive authorities to facilitate and approve them in accordance with the supreme interest of the country.
Here, I would like to point out that Al-Sudani’s initiatives in this direction are messages of reassurance to the private sector about the government’s seriousness in supporting the private sector, as it realizes that problems cannot be solved without an active role for the private sector. Here I must point out that it is necessary to note the recent meeting of the delegations of Iraq and Jordan in Baghdad has resulted in important agreements, the most prominent of which is the responsibility of the private sector between the two countries. It is remarkable that the Jordanian Prime Minister fed his official government delegation with a number of active Jordanian private sector representatives, and this context is adopted in most countries of the world except in Iraq, which rarely follows this method. Here, it must be emphasized that any Iraqi delegation in the future must include representatives of the private sector who are real businessmen with experience and not hold the capacity of a businessman.
And if the costs are not accounted for by the allocations of government delegations, the representatives of the private sector are able to bear their travel expenses, especially since the economic feasibility of such trips or delegations and delegations is present. Now it is possible to answer my question about the extent of the private sector's readiness for the difficult test. We have a prestigious private sector that is known for its experiences in the completion of important projects in the country, and these are the ones who represent the real private sector, and accordingly we build hopes and their readiness is present, provided that they are supported by legislation or laws that guarantee their rights. We reflect well on this unfamiliar approach in previous governments, and we keep our eyes on the results, and we follow up and evaluate to see.
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