Economy of Iraq .. and Abdul Mahdi

3rd August, 2019 by Abdul Jalil Al-Zubaidi

It seems that Mr. Adel Abdul Mahdi's plan is to pump money into the market and increase the purchasing power of the individual in the hope of activating the outputs of revitalizing wealth and thus reflect positively on the living situation and welfare of the citizen
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It seems that Mr. Adel Abdul Mahdi's plan is to pump money into the market and increase the purchasing power of the individual in the hope of activating the outputs of revitalizing wealth and thus reflect positively on the living situation and welfare of the citizen.

The increase in salaries, the inclusion of new salary categories, and the expansion of loan categories and the increase of the beneficiary groups, are positive measures in this direction.

It also seems to me that Mr. Abdul Mahdi (assumes) that the citizen has skills in the field of employment and investment and that he will invest the added money in small projects, through additional income or through loans and ultimately will contribute to the activation of the private sector movement and maximize investment in small projects that revive life And improve the lifestyle of the individual and the appearance of the city.

As an example: The most simple aspiration of any official is that the citizen contributes to solve the housing crisis through the use of money and loans in the construction of housing, which raises part of the heavy burden on the government, knowing that the capital of the Iraqi private sector is the most feared and hesitant in recent history Thus it invests in the real estate market which is safest anywhere in the world ..

Mr. Abdul Mahdi's plan is somewhat similar to the actions taken by the British government after the Second War but ..

Before the National Wealth Distribution Plan began, plans were made to modernize the industry and activate the private industrial sector.




https://www.almaalomah.com/2019/08/03/421382/