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Government's determination to make laws do private sector
12/25/2014 0:00
BAGHDAD - Alaa al-Tai
revealed Deputy Secretary General of the Council of Ministers of Economic and Financial Affairs Obaid shop, about the government's intention to issue a series of decisions and legislation that would facilitate the work of the private sector, and encourage investment in the country, stressing that those decisions will come through procedural and legal steps, and commensurate with the government program aims to build a vibrant, free and diverse sources economy.
He said the place, in a statement singled out the "morning" that "Investment Authority made several proposals and draft laws to the Council of Ministers would activate the private sector and encourage investment," noting that these proposals relate to "measures of tax and customs and grants investment licenses and allocation of land and reduce bureaucracy to shorten the time. "
He said the place in his statement, said that "stimulate the private sector and activating the role of investment in the country need a number of decisions and steps, including legal and procedural" referring to the formation of a committee of the Council of Ministers to study the proposals made by the President of the General Authority for Investment Dr. Sami al-Araji, which relate to the tax side and Alkmarki and automatic allocation of land and the granting of licenses, as well as selling and renting real estate and all the success of the investment projects requirements.
and replace "the existence of dozens of laws and proposals in the event of approval will be a large data guarantees a major investment firms and businessmen to attract to the country , indicating that those laws "will support the economic situation and contribute to the diversification of funding sources and imports needed by the country in light of the decline in oil prices."
The prime minister, Haider al-Abadi said the government is proceeding with its program to rotate the wheel of the economy towards the private sector by encouraging investment in the country.
He stressed Abadi, in his remarks on the need to diversify sources of funding and expanding imports through giving an active role for the private sector and activating investment and support for joint ventures with the government, expressing confidence in the ability of the Iraqi economy to promote and overcome all the challenges in view of what Iraq possessed of human and natural potential. "
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12/25/2014 0:00
BAGHDAD - Alaa al-Tai
revealed Deputy Secretary General of the Council of Ministers of Economic and Financial Affairs Obaid shop, about the government's intention to issue a series of decisions and legislation that would facilitate the work of the private sector, and encourage investment in the country, stressing that those decisions will come through procedural and legal steps, and commensurate with the government program aims to build a vibrant, free and diverse sources economy.
He said the place, in a statement singled out the "morning" that "Investment Authority made several proposals and draft laws to the Council of Ministers would activate the private sector and encourage investment," noting that these proposals relate to "measures of tax and customs and grants investment licenses and allocation of land and reduce bureaucracy to shorten the time. "
He said the place in his statement, said that "stimulate the private sector and activating the role of investment in the country need a number of decisions and steps, including legal and procedural" referring to the formation of a committee of the Council of Ministers to study the proposals made by the President of the General Authority for Investment Dr. Sami al-Araji, which relate to the tax side and Alkmarki and automatic allocation of land and the granting of licenses, as well as selling and renting real estate and all the success of the investment projects requirements.
and replace "the existence of dozens of laws and proposals in the event of approval will be a large data guarantees a major investment firms and businessmen to attract to the country , indicating that those laws "will support the economic situation and contribute to the diversification of funding sources and imports needed by the country in light of the decline in oil prices."
The prime minister, Haider al-Abadi said the government is proceeding with its program to rotate the wheel of the economy towards the private sector by encouraging investment in the country.
He stressed Abadi, in his remarks on the need to diversify sources of funding and expanding imports through giving an active role for the private sector and activating investment and support for joint ventures with the government, expressing confidence in the ability of the Iraqi economy to promote and overcome all the challenges in view of what Iraq possessed of human and natural potential. "
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