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Antoine: steps to reduce dependence on oil
3/31/2015 0:00
The recommendations of the involvement of the private sector in stimulating the economy
BAGHDAD
with the continued efforts of the Government and other stakeholders to overcome the financial challenges faced by the country, expanded meeting sponsored by the left Prime Minister's Office, among other important recommendations to stimulate the economy through the development of strategies for quick and private sector actions based partner at work and activation of the associated laws and reducing red tape loops and support specialized banks which contribute to reducing dependence on rents unilateral oil
, according to vice president of expert economists Association spokesman Antoine »Sabah», the prime minister's office felt develop an action plan to take their role in the implementation on the ground in cooperation with experts and specialists, as it was ordered my book about Dr. Haider Abadi, the prime minister to ensure the formation of a national working group comprising the private sector chaired several committees for the rehabilitation restructuring of the Iraqi economy, as stated in the third axis of the government program.
underlines the third axis of the government program, the importance of «encourage a shift towards private sector , as sustainable economic growth generator of income depends on the ability to private sector development to provide jobs better and assume responsibility towards society and the re-division of roles between the government and the private sector, which requires a revision of the laws and regulations governing the work so as to ensure the provision of encouraging investment climate to attract capital ».
Teams Action said Antoine that he «has been the development of regulations teams work with efficiency and competence in different sectors including industry, agriculture and tourism, as well as the business environment, insurance, financial sector, in addition to funding and services». He explained that «the expanded meeting, which was held last weekend and attended work teams and experts and specialists in the Al-Rasheed Hotel under the supervision of the Office of Dr. Mahdi Keywords Prime Minister Dr. Nofal Abu Barns managers, has through reevaluate working papers, after the deployment of labor between the teams to create mechanisms for the advancement of all the joints of the Iraqi economy, taking into account the activation of the role of the private sector and the promotion of its duties in line with Strutijeth ». and discussed the difference problem, the two main axes, «first: reduce budget expenditures and enhance the revenue of the country, and the second: the restructuring of the Iraqi economy possibilities exist, especially after the decline in crude oil prices». the involvement of the private sector Antoine revealing exit assembled b {papers mature work included important recommendations and practical and realistic, but it requires the implementation and application to achieve the main objective of the involvement of the private sector in the process of economic reform and the advancement of the country's economy}. As explained that «some teams recommended constantly follow up the implementation on the ground, through the formation of the monitoring device, and there was a great response from the competent authorities. » and left the meeting's recommendations will be quick results and related economic reforms and restructuring in accordance with the long-range plans and respond to the national development strategy ». rings routine and recommendations agreed by the participants, according Antoine, restore movement and activity of the Iraqi market During the central bank lending $ 5 billion (more than 6 trillion dinars) for banks production (industrial, agricultural, and housing. as well as commercial) and activate the relevant sectors for the purpose of giving loans to industrial and agricultural, and reduce red tape followed in the state departments rings and shortened and reduced to facilitate the process of investing in country.
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3/31/2015 0:00
The recommendations of the involvement of the private sector in stimulating the economy
BAGHDAD
with the continued efforts of the Government and other stakeholders to overcome the financial challenges faced by the country, expanded meeting sponsored by the left Prime Minister's Office, among other important recommendations to stimulate the economy through the development of strategies for quick and private sector actions based partner at work and activation of the associated laws and reducing red tape loops and support specialized banks which contribute to reducing dependence on rents unilateral oil
, according to vice president of expert economists Association spokesman Antoine »Sabah», the prime minister's office felt develop an action plan to take their role in the implementation on the ground in cooperation with experts and specialists, as it was ordered my book about Dr. Haider Abadi, the prime minister to ensure the formation of a national working group comprising the private sector chaired several committees for the rehabilitation restructuring of the Iraqi economy, as stated in the third axis of the government program.
underlines the third axis of the government program, the importance of «encourage a shift towards private sector , as sustainable economic growth generator of income depends on the ability to private sector development to provide jobs better and assume responsibility towards society and the re-division of roles between the government and the private sector, which requires a revision of the laws and regulations governing the work so as to ensure the provision of encouraging investment climate to attract capital ».
Teams Action said Antoine that he «has been the development of regulations teams work with efficiency and competence in different sectors including industry, agriculture and tourism, as well as the business environment, insurance, financial sector, in addition to funding and services». He explained that «the expanded meeting, which was held last weekend and attended work teams and experts and specialists in the Al-Rasheed Hotel under the supervision of the Office of Dr. Mahdi Keywords Prime Minister Dr. Nofal Abu Barns managers, has through reevaluate working papers, after the deployment of labor between the teams to create mechanisms for the advancement of all the joints of the Iraqi economy, taking into account the activation of the role of the private sector and the promotion of its duties in line with Strutijeth ». and discussed the difference problem, the two main axes, «first: reduce budget expenditures and enhance the revenue of the country, and the second: the restructuring of the Iraqi economy possibilities exist, especially after the decline in crude oil prices». the involvement of the private sector Antoine revealing exit assembled b {papers mature work included important recommendations and practical and realistic, but it requires the implementation and application to achieve the main objective of the involvement of the private sector in the process of economic reform and the advancement of the country's economy}. As explained that «some teams recommended constantly follow up the implementation on the ground, through the formation of the monitoring device, and there was a great response from the competent authorities. » and left the meeting's recommendations will be quick results and related economic reforms and restructuring in accordance with the long-range plans and respond to the national development strategy ». rings routine and recommendations agreed by the participants, according Antoine, restore movement and activity of the Iraqi market During the central bank lending $ 5 billion (more than 6 trillion dinars) for banks production (industrial, agricultural, and housing. as well as commercial) and activate the relevant sectors for the purpose of giving loans to industrial and agricultural, and reduce red tape followed in the state departments rings and shortened and reduced to facilitate the process of investing in country.
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