Sovereign guarantees boost labor market
Economic 2024/11/06
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Economic expert Hawra Al-Qassab praised the government’s move to provide sovereign guarantees to the private sector, as it is a trend that brings large amounts of capital to the Iraqi labor market, which requires huge local and global efforts.
She said that the sovereign guarantees provided to the private sector have a positive impact on activating the reality of work within the Iraqi economy, noting that the sectors of the Iraqi economy are thirsty for work and revitalizing their joints through major projects implemented in all regions of Iraq.
She added that the sovereign guarantees will bring capital and advanced technology, which will facilitate the business reality in Iraq and save time and effort.
She pointed out that this step is the most important at the present time, as it will reduce the burden on the federal budget and the Ministry of Finance.
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