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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

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    The Prime Minister directs to review some unproductive economic decisions and policies

    Rocky
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    The Prime Minister directs to review some unproductive economic decisions and policies Empty The Prime Minister directs to review some unproductive economic decisions and policies

    Post by Rocky Tue 09 Jul 2024, 5:05 am

    The Prime Minister directs to review some unproductive economic decisions and policies

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    Economy News - Baghdad
    Prime Minister Mohammed Shia al-Sudani directed, on Monday, to reconsider some unproductive economic decisions and policies.
    The Prime Minister's Media Office stated in a statement seen by "Al-Eqtisad News" that "Al-Sudani chaired today, Monday, the periodic meeting of the Ministerial Council for the Economy, in which decisions related to the economic reality were followed up, and the reform aspects included in the government program were implemented."
    According to the statement, Al-Sudani pointed out at the beginning of the session, "the importance of reconsidering the economic decisions and policies that were taken in previous stages," adding that "the time has come to stand up to a number of unproductive work contexts and practices, and that reform requires strong and correct decisions."
    He explained that "the government has provided the private sector with great supportive opportunities, and has worked to empower it and launch its projects, and it is closely following up on everything required to continue the pace of growth," noting that "its supportive decisions will not be directed towards benefiting groups that live on certain outlets, without providing a contribution or returns to the country."
    The statement explained that "the Council discussed the report of the Diwani Order Committee (24573), headed by the Deputy Prime Minister and Minister of Planning, to follow up on the volume of support directed to petroleum products, fuel supplied to factories and plants, and to the Ministry of Electricity."
    He stressed that "the Council followed up on the issue of taxes due on companies and ways to organize them, and approved the adoption of a clear mechanism for the tax, in addition to approving the work to separate the real operating factories from the fictitious factories, and to audit the numbers and tables presented in the report, and to adopt an economic vision that supports the export of factory products and the expansion of production."
    On the organizational side, he noted that "the Council approved the formation of a technical committee from the sectoral bodies in the Ministries of Oil and Trade, in addition to the Council of Ministers' advisors, in order to control roles and resolve loose ends. His Excellency also directed that the next meeting be set within a week to take final decisions."


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