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Neno's Place Established in 2006 as a Community of Reality


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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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    Minister of Industry counts the number of profitable government companies: I do not support their pr

    Rocky
    Rocky
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    Minister of Industry counts the number of profitable government companies: I do not support their pr Empty Minister of Industry counts the number of profitable government companies: I do not support their pr

    Post by Rocky Tue 01 Oct 2024, 4:55 am

    Minister of Industry counts the number of profitable government companies: I do not support their privatization

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    Economy News - Baghdad
    Minister of Industry and Minerals, Khaled Al-Batal, announced today, Tuesday, that there is only one profitable government company out of 28 companies, while confirming that Al-Sudani heads a committee to restructure public companies.
    Batal said during the World Investor Day conference, which was attended by the correspondent of "Al-Eqtisad News": "We have 28 companies and there is no profitable company except for one, which is Southern Cement," noting that "the Prime Minister heads a committee to restructure public companies."
    He added: "I do not support the privatization of public companies because it is a waste of public money," adding: "We have not yet been able to legislate a law on partnership between the public and private sectors."
    Batal said: “No employee can be laid off if it becomes a partnership between the public and private sectors,” stressing: “We have sought the help of an international company to restructure the companies.”




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