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Finance Committee: the privatization of industrial companies will provide 10 trillion dinars budget
Parliamentary Finance Committee revealed on Sunday that the Iraqi economy will be added to him 10 trillion dinars in the event of conversion of the Ministry of Industry and industrial companies to the private sector, pointing out that these companies pose a heavy burden on the budget in the current period.
The committee member said Masood Haider said that "the private sector in Iraq is not enabled permanently, although it constitutes 40% of the income year," noting that "the Ministry of Industry and industrial companies constitute a heavy burden on the Iraqi economy, because its production is almost non-existent, and allocates her every year a lot of money. "
Haider said that "the government if these companies have turned to the private sector, and gave it to investors, they will contribute significantly to the support of the Iraqi economy, and will re-state some 10 trillion dinars."
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