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Federation of Chambers of Commerce proposes the establishment of a fund to support the loss-making state-owned companies
Monday 20 October 2014 | 11:49
The existence of such a fund must be accompanied by legal legislation until confirms ensure the success of such a fund as a law tariff and protect the product and the consumer
Qurtas News / Baghdad
Suggested the Federation of Chambers of Commerce, Monday, establishing a fund with 300 billion dinars to support the loss-making state-owned companies, and the rehabilitation of its production lines to make them productive and profitable companies.
The head of the Union Jaafar al-Hamdani told the "Qurtas News", "some state-owned companies, especially in the ministries of industry and minerals, agriculture, trade, suffered a great loss due to entry of imported, as well as loitering and gave its production lines which impacted negatively on the reality of Iraq's economic and GDP. "
He added that "the best way to promote those companies, is to establish a fund sovereign capital of not less than 300 billion dinars to support these companies in the rehabilitation of its production lines by providing them with modern technology and sophisticated, as well as the import of raw materials used in the manufacture of materials, some state companies."
He continued that "the existence of such a fund must be accompanied by legal legislation until confirms ensure the success of such a fund as a law tariff and protect the product and the consumer."
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Monday 20 October 2014 | 11:49
The existence of such a fund must be accompanied by legal legislation until confirms ensure the success of such a fund as a law tariff and protect the product and the consumer
Qurtas News / Baghdad
Suggested the Federation of Chambers of Commerce, Monday, establishing a fund with 300 billion dinars to support the loss-making state-owned companies, and the rehabilitation of its production lines to make them productive and profitable companies.
The head of the Union Jaafar al-Hamdani told the "Qurtas News", "some state-owned companies, especially in the ministries of industry and minerals, agriculture, trade, suffered a great loss due to entry of imported, as well as loitering and gave its production lines which impacted negatively on the reality of Iraq's economic and GDP. "
He added that "the best way to promote those companies, is to establish a fund sovereign capital of not less than 300 billion dinars to support these companies in the rehabilitation of its production lines by providing them with modern technology and sophisticated, as well as the import of raw materials used in the manufacture of materials, some state companies."
He continued that "the existence of such a fund must be accompanied by legal legislation until confirms ensure the success of such a fund as a law tariff and protect the product and the consumer."
[You must be registered and logged in to see this link.]...ح-تأسيس-صندوق-م
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