Economic reform act will transform Iraq’s economy

Wednesday, 19 September, 2012

Baghdad (News) … According to Deputy Economic Committee member/National Alliance/Salman al-Musawi, the economic reform act will transform Iraq’s economy from a Socialist totalitarian economy to a free market economy and private sector.

He said al-Musawi (News Agency news) on Wednesday: the new economic reform act will be the key to all prevailing economic problems before 2003, which led to the reversal of all economic aspects, explaining that the law will write all economic legislation adopted before and after 2003.

And: the new reform law would be split into three parts the old laws should repeal laws and laws must be amended and must work within the economic reform.

He: that the goal of the new economic reform act is to kill routine economic and obstructive to support and encourage the private sector and delete all laws that hinder the economic process and to address problems of public sector companies



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