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1/28/2015 0:00

Search the ways to find effective solutions to various economic problems
 BAGHDAD - Tariq al-Araji



Director of the Office of the Prime Minister, Dr. said. Mahdi Keywords: "The government program, it signals a clear and explicit to support the private sector and investment", pointing out that the statement at the crossroads of the "morning" economic "stresses the importance of these sectors, in light of the desired shift towards a market economy."

 He said in a statement the "morning": "The private sector support and activate it will help to find effective solutions to the many problems and extraordinary crises in the financial aspect," explaining that "the legislative environment and the executive is still restricted, adversely affect the economic and investment situation in the country."

Asked about the economic to the Forum, which was attended by he and other officials, he replied that "the establishment of such forum indicates the presence of a significant shift in the framework of an important sector of thinking Kasahafh, to address the sensitive and important issues in the country, particularly the economic issue," noting that "the establishment of the forum is an advanced workshop in Activity official State Gazette. "

In addition, The Director of the Industrial Bank in the Ministry of Finance Kazem fistula, that the country is in dire need of foreign investment, and the development of the banking sector, beyond this difficult stage that prevailed on the financial level, stressing the need to put controls and instructions to do so.

He commended fistula, like other speakers in this report, the Economic Forum "morning" who presented the research paper thoroughly, about the leading role in the establishment of industry and finance companies in the country.

He said: "The forum discussed the case represented emerging challenges resulting from lower oil prices, and the impact of investment banks," explaining that "the most important event in the presence of high-level figures from the parliament and the government and the private sector."

He favored the industrial bank manager, the possibility to see some of the ideas raised in the forum, the light both in the short or medium level, it does not particularly viable and is expected to achieve the desired during the period of record.

For his part, businessman Hatem Khawam said: "The investment promotion and support of the private sector in Iraq has become an absolute necessity because of its great importance to the advancement of the national economy, including the elimination of unemployment," praising the forum to the "morning" that near and views between the relevant authorities relationship.

He suggested Khawam, make amendments to the investment and banking laws, and reducing the size of the administrative routine in state institutions.

He also expressed his desire to "expand the scope of its work in Iraq, particularly in the field of heavy industries that provide a lot of job opportunities for unemployed youth and fresh graduates."

He explained in this context, that his companies cement plant was established in Samawah province, along with building a power plant capacity of 35 MW there, explaining that the shares of these two projects in the operation of dozens of young people in the region.

It should be noted that the economic forum, which ended his day last Saturday is still of interest to the local official circles and informal.


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