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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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    Economists call for the need to support the private sector to provide 2.3 million jobs

    Rocky
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    • Post n°1

    Economists call for the need to support the private sector to provide 2.3 million jobs Empty Economists call for the need to support the private sector to provide 2.3 million jobs

    Post by Rocky Sun 09 Oct 2016, 3:26 am

    [size=37]Economists call for the need to support the private sector to provide 2.3 million jobs[/size]


    Baghdad Journal News 
    called for a number of Iraqi economists to the need to support the private sector in order tomove the economy out of the recession that injury during the current period, demanding theprivatization of loss - making state - owned companies.
    The government since it was formed at the end of 2014, a strategy to support the private sector and improve the business environment was launched but the application has seen reluctance in the past period, and is a private sector, 31% of GDP and the 2.3 million jobs.
    The deputy chairman of the Iraqi Businessmen Union, on behalf of Jamil Antoine, for (Journal News), said that "the private sector in front of many of the obstacles and needs in the current period to support and stimulate," stressing the need to "private industry support through the granting of soft loans for the completion of infrastructure projects infrastructure and the provision of skilled labor as well as the power supply in order to move the wheel of the domestic industry. "
    He pointed out that "it is necessary to support the private agricultural sector through the provision of fertilizers, equipment and manpower training and the granting of loans," adding that "the private sector needs to legislation laws and remove Alrotban and bureaucracy."
    Financial advisor to the Prime Minister, the appearance of Mohammed Saleh had said in an interview, said that there were "several obstacles to the implementation of the promotion of the private notably government bureaucracy and impediments to sector strategy instructions and procedures, delayed for legislation of laws in this file, especially in the presence of about a thousand law disrupts transformation toward a market economy and it affected the legislative role of Parliament Bsjal its members, "denying that" the government had neglected the development of the private sector plan. "
    He added that "the state's inability to finance the private sector as a result of the financial crisis and reduce the budget for the quarter was one of the obstacles, in addition to the other are remnants including economic openness and the conflict of wills that stands against reform and seek to keep Iraq asleep depends on oil import," noting that "the market is currently living in a state of deflation versus uncertainty and the reluctance of the private sector, which requires the application of policies leading to the activation of its role."
    On the other hand, the economic expert Ali Hussein told (Journal News), "The private sector needs to legislation laws and an end to bureaucracy in the work of the state," noting that "should the State to enter the private sector as a partner in their work as well as the privatization of state-owned companies that are losing. "
    He noted that "the private banks are considered better than the government banks and achieved great success through the use of technology and services provided by the government, unlike banks which use a primitive system," calling for "the privatization of State-owned banks after the debt Bzmtha pay."
    The Iraqi government launched a program to lend to the private sector, which seeks, through the provision of 250 thousand jobs by encouraging the private sector to rehabilitate and operate laboratories productivity stalled, and the introduction of modern technologies, including more than 330 plants and factories and processing of raw materials and supplies industry and industries for agricultural and industrial manufacturing.
    On the other hand, he said a member of the Economic Committee Najiba Najib, said that "the economies of the developed countries is based on the private sector makes it necessary to activate the role of the private sector in the country to curb the financial crisis," asserting that "has to be legislation laws and take measures to support the private sector."
    She explained that "activating the private sector will reduce the imported goods and so do thelocal industry and agriculture , " noting that he "should be enacted in social security for workers in the private sector to become a parallel government job." 
    He pointed out that " the launch of the loans will do the private sector and thus reflects positively on the market and the economy of the country. "
    He was a member of the Economic Commission Jawad al-Bolani, he said that "a favorable opportunity for the private sector to play an important and significant competitor role for the public sector through large investment projects and contribute to scientific research projects and take care of the local scientific innovations and work on, especially in the field of market economy implemented."
    He said the "parliament passed a legislation package reduce obstacles to private sector, which has been constrained by several factors, including the weakness of government support and rely on the public sector and the lack of investment allocations in previous budgets."
    He called on the Iraqi investors to "assemble domestic capital and enter into investment projects that the crisis caused by the drop in oil prices in the global markets," .anthy
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