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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


    Government program enters the «force»

    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19

    Government program enters the «force»  Empty Government program enters the «force»

    Post by day dreamer Wed 01 Oct 2014, 9:43 pm

    Government program enters the «force» 


      2/10/2014 0:00


    Yasser incumbent
      In the first indication of the start of economic reforms, the task in the government program and entry "into effect" through the decision of the Council of Ministers to form committees to study the possibility of transforming the public sector companies to the private sector (privatization), and this step requires us to show the challenges facing the proper procedure.
    Proven experience Balmoktua failure of a large number of these companies to meet the country's needs and the market, and this failure is not new but a legacy and has substantive grounds which can not be mentioned here so necessary transformation, this is what was called for experts in the economy over the years, the shift towards a market economy and that of the causes of success is privatization, a project delayed it's time to launch, as it seems, so he took this space of interest in the program and then the beginnings of rapid implementation of its contents.
    The most prominent challenges that stand in the way of this trend is the answer to that question is the fate of tens of thousands of employment of the employees of these companies? Answer simply found in the solutions and recommendations stomach and provided by consulting firms and which can be summarized in three scenarios, the first of the assignment of redundant them to retire and give them a bonus rewarding to help them find jobs of their own, and the second is to keep the number of them who have the expertise that qualifies them to stay and the third transferred to the state departments of disciplines similar.
    Because of the surplus, which suffered Tllk circles, the third scenario collides with the failure of a precondition, and so the likelihood of the proposed first two are more appropriate, no doubt in not taking this challenge into consideration by committees selected but recall the duty of going privatization process is smooth, as the unemployment rate, which suffers the country does not allow them more when just thinking about the demobilization of labor without these two scenarios, of course.
    After we finished the challenge of social attention and we think carefully about the technical challenge.
    We need to answer a question that is very important in any particular sector, which has the ability to promote these companies? It is known in advance the size of the challenges faced by the Iraqi private sector and restricting its activities, particularly the electricity industry a lifeline, technological defunct and no longer fit and stages of rapid development and the rival lines and factories consuming.
    The private sector has the expertise and technical skills required for the activation of these companies, but suffers from the weakness of valuable financial capacity I think this is not lost on account of this fact, and about what is the solution?
    The privatization of these companies do not need to be for the account of international companies have the ability to run in order to achieve economic feasibility of survival, this thing is supposed to be conditional partner of the Iraqi private sector as in the experience of the Emirates, and do resolutions to encourage capital immigrant to perform this task.
    Do we have to clarify something very important relation to the membership of the committees that are supposed to feed the efficiencies of the private sector Iraqi acclaimed Banagaj as well as the involvement of two main organizations are the National Authority for Investment and Securities Commission in connection with the task placed privatization, We have great hopes the success of this first step on the road to entry into the program government towards the beginnings correct in the desired reform.

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