Home
Cabinet Secretary: Moving to activate the economy
2/12/2015 0:00
During the employment conference in the private sector
BAGHDAD - morning
and put the General Secretariat of the Council of Ministers, turning government industries to the private sector and the elimination of unemployment among young people process, a top priority, the memorandum that the growth of the Iraqi economy rates saw a decline in the past decades due to wars, in the meantime, according to Parliamentary Finance Committee that the data indicate the start of the rise in oil prices after the middle of this year to contribute to support this economy.
The secretary general of the Council Hamid behind, through the "Employment in the private Iraq sector opportunities Conference" which was held on Wednesday, that the strategic priorities of the government program between 2015 -2018 confirmed clearly on the security service and the living side of the citizen, indicating that the transition to a market system requires the adoption of a range of policies, including the rehabilitation of government industries and turn to the private sector, in addition to the elimination of unemployment.
He added that among other policies, activation of the Social Security Act to enhance the role of the private sector in the supply of jobs with securing a suitable environment to ensure the confidence of companies civil in this sector, in addition to the interest in advanced educational curricula to graduate students enjoy a high degree of skill and professionalism required by the needs of the labor market.
The thought behind that unemployment among graduates affect negative evident in the economic development of any country even sophisticated ones, noting that Iraq has witnessed in the past decades, a significant decrease in the rate of economic growth because of the wars, destruction and siege and the absence of economic policies and state control of all economic facilities in the country, which led to the worsening unemployment phenomenon across the country .
He Secretary General of the Council of Ministers that the transformations that took place after 2003 was born full conviction among decision-makers and statesmen need to encourage the private sector and the adoption of market economic policies, stressing the emergence of some promising initiatives in this direction.
and stopped most of the public and private sector factories after 2003 for reasons related aspect of security or their inability to compete with imported goods Alrgesyh, in addition to infrastructure declined to run these plants, especially electricity.
This comes to coincide with the steady drumbeat of news arrival of world oil prices in Brent crude oil futures contracts on Wednesday to more than $ 57 a barrel.
A member of the Parliamentary Finance Committee Masood Haider in a press statement, that all projections indicate that oil prices will begin to rise in the second half of this year to reach between 65 to 80 dollars per barrel, and this contributes significantly to the support of the Iraqi economy, and in parallel, the Oil Ministry is trying to increase exports of oil, and therefore there will be bridging the deficit in the budget is real, "Maybe we have a surplus we support the state institutions form the best."
She and news agencies reported that futures contracts for Brent reached yesterday morning to $ 57.59 Low 54 cents from last closing prices, which were at $ 58.12.
The parliament approved in January 29 last budget in 2015 of $ 119 trillion dinars deficit of 25 trillion dinars based on the export of 2.9 million barrels and is priced at $ 56 a barrel.
[You must be registered and logged in to see this link.]
2/12/2015 0:00
During the employment conference in the private sector
BAGHDAD - morning
and put the General Secretariat of the Council of Ministers, turning government industries to the private sector and the elimination of unemployment among young people process, a top priority, the memorandum that the growth of the Iraqi economy rates saw a decline in the past decades due to wars, in the meantime, according to Parliamentary Finance Committee that the data indicate the start of the rise in oil prices after the middle of this year to contribute to support this economy.
The secretary general of the Council Hamid behind, through the "Employment in the private Iraq sector opportunities Conference" which was held on Wednesday, that the strategic priorities of the government program between 2015 -2018 confirmed clearly on the security service and the living side of the citizen, indicating that the transition to a market system requires the adoption of a range of policies, including the rehabilitation of government industries and turn to the private sector, in addition to the elimination of unemployment.
He added that among other policies, activation of the Social Security Act to enhance the role of the private sector in the supply of jobs with securing a suitable environment to ensure the confidence of companies civil in this sector, in addition to the interest in advanced educational curricula to graduate students enjoy a high degree of skill and professionalism required by the needs of the labor market.
The thought behind that unemployment among graduates affect negative evident in the economic development of any country even sophisticated ones, noting that Iraq has witnessed in the past decades, a significant decrease in the rate of economic growth because of the wars, destruction and siege and the absence of economic policies and state control of all economic facilities in the country, which led to the worsening unemployment phenomenon across the country .
He Secretary General of the Council of Ministers that the transformations that took place after 2003 was born full conviction among decision-makers and statesmen need to encourage the private sector and the adoption of market economic policies, stressing the emergence of some promising initiatives in this direction.
and stopped most of the public and private sector factories after 2003 for reasons related aspect of security or their inability to compete with imported goods Alrgesyh, in addition to infrastructure declined to run these plants, especially electricity.
This comes to coincide with the steady drumbeat of news arrival of world oil prices in Brent crude oil futures contracts on Wednesday to more than $ 57 a barrel.
A member of the Parliamentary Finance Committee Masood Haider in a press statement, that all projections indicate that oil prices will begin to rise in the second half of this year to reach between 65 to 80 dollars per barrel, and this contributes significantly to the support of the Iraqi economy, and in parallel, the Oil Ministry is trying to increase exports of oil, and therefore there will be bridging the deficit in the budget is real, "Maybe we have a surplus we support the state institutions form the best."
She and news agencies reported that futures contracts for Brent reached yesterday morning to $ 57.59 Low 54 cents from last closing prices, which were at $ 58.12.
The parliament approved in January 29 last budget in 2015 of $ 119 trillion dinars deficit of 25 trillion dinars based on the export of 2.9 million barrels and is priced at $ 56 a barrel.
[You must be registered and logged in to see this link.]
