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Experts call for the privatization of the public sector for the promotion of productive own reality
09/05/2015
Baghdad
See that specialize Off semi-public sector companies suffer significant structural distortions and increase government spending, and as pointed to the existence of a real crisis and a large drop in production rates, they stressed that privatization is the solution to promote the reality production for those companies.
Said economist Ihsan Jabr expert in an interview for the "long" that "the public sector is suffering from a very large structural distortions began since the fifties of the last century, and led their results to be nearly two-thirds of those losing companies."
He added Gabr that "address the public sector problems need to be steps several of them, the loss-making companies to privatization such as utility companies, weaving, which could be privatized without risk, as well as the introduction of the private sector as a partner in public companies that need to and the sources of successful departments of finance and expertise lacks her this sector. "
He continued by saying that "a small number of companies must to keep the hands of the state which are of strategic importance affecting food security and social enterprises but they also need big reforms, Kalmills water companies and factories food "pointing out that" nearly 70% of the public companies of possible privatization. "
He pointed out that "the privatization process is not easy or improvisational and need large warned political and security and stability to generate efficient administration manages the operation and professional accountants to assess the physical and market values of companies to be privatized and legal specialists to contract management, "noting that" the process also need incentives to lure the private sector and the study of the experiences of countries that introduced the privatization for the advancement of the productive sectors. "
And the development of public sector companies and then proceed B_khas_khastha, Jabr to draw that "this approach will not work with all companies, some of them even if we introduced her lines new production will not attract the private sector because there is a strong market for them," adding that "the market is driven to move private sector companies toward some public companies. "
He also added that "the private sector calls for a few guarantees to engage in privatization projects such as laws national product protection and customs and tax reduction on domestic production, which supports production costs."
He noted that the "privatization processes linked to the investment process and including the environment Investment of Iraq is successful and there are no incentives in this regard, starting from the security problems and the end of the deformed economy and the lack of an effective tax system and do not cover legislation investment areas that doeth the investor, are all factors that led to the flight of domestic capital, "noting that" the most important causes of capital flight Local is the lack of security guarantees and the protection of property rights and the lack of customs protection. "
and weakness in the legislative framework pointed out that "the investment law needs to reform the image that encourage foreign investors to attract as well as reforms in several other important legislation into law customs, labor law and social security and the protection of workers in the productive sectors rights. "
For his part, economist said Ahmed al-Waeli that "public companies a big burden caused to the state and must be privatization projects is beneficial and which are no longer within the competence of the state factor of bricks, cement, cartoons and other companies that could be covered by sector Special dramatically. "
He noted that "to carry out the privatization process must be done to study the economic feasibility of each project of public companies and that 194 projects with a number and know the winners and losers Wi-industries that are available for Iraq comparative advantage by having produced You save raw materials and industrial competencies so that we can reduce costs and introduced competitive market companies and to know the strategic industries that can not leave the state to the private sector. "
He pointed out that "a lot of investors in the world want to invest in many sectors including electricity, oil refineries sector, and we suffer from significant problems in the management of these two sectors, it is possible to privatized to be State a partner in the early stages to adjust pricing and costs. "
and the decline in private capital formation ratios for total capital formation pointed Waeli that "if investment income to Nlk industries, it will be forced to renew production capacities for those companies in the industrial and agricultural sectors leads to the top of the composition Fixed capital New and reduces government spending ratios. "
He continued by saying that "nearly 80% of the scheduled in the federal budget for government spending is in the aspects of construction and not to increase production capacity leads to inflation, the contribution of the government sector in fixed capital formation significantly," stressing the need to "The orientation of such funds to the development of agriculture, industry, health and education sectors, increasing the production capacity of the country as well as the positive effects in the aspects of economic and human development."
He pointed out that "Iraq's economy is a market economy, but can not switch to a market economy simultaneously and must be create conditions for this transformation Fmqomat market economy is still not available and there is no infrastructure appropriate as well as the lack of legal and legislative environment provides appropriately fits the actual transition to the market economy. "
and the contribution of the industrial sector in GDP drew Waeli that "the contribution of the productive sectors in Iraq, down continuously, where his contribution was 12.3% in 1989 and declined to reach 1.6% in 2008 and now started to decline below the 1% level. " He pointed to "the presence of 194 government facility parked and suffer from big losses take their salaries from the Ministry of Finance."
And the employment problem pointed Waeli that "there are solutions to the problem of employment through privatization followed type, Kahalh workers who reached the legal age to retire and convert part of them into circles that work on the central allocations and to keep the number of them and this leads to the elimination of inflation, which hit those companies which reduces production costs and attract the private sector to invest. "
He concluded that "the dynamic installer Iraqi budget is oil, which constitutes 95% of the imports of the budget and nearly 99 % of Iraq's exports and after the drop in oil prices globally and for a deficit of $ 25 billion could have been compensated by the productive sectors if turned state has, "adding that" raising taxes and customs tariffs are not radical solutions, but are inflationary pressures on the citizens. "
The head of the Minister Haider al-Abadi had said during the launch of the strategy to develop the private sector in Iraq, 2014-2030, which was held at the Rashid Hotel in Baghdad and attended the Conference (the long-Presse) that "Ttoiralqtaa private and create a genuine partnership between him and the public sector will contribute to the advancement of the Iraqi economy," pointing out that "one of the issues important for the advancement of the private sector is the restructuring of public companies for the state to be more effective. "
The year 2014 several demonstrations for the staff of the Ministry of Industry and Minerals companies in a number of provinces, to demand to turn them from self-financing to the central and Exchange overdue salaries, most recently in Baghdad since Dozens of employees of the Ministry of Industry and Minerals in the first of January 2014 leather company.
It is noteworthy that Iraq has witnessed after the 2003 case of openness without restrictions on the world which led to the dumping of the local market with goods from around the world as well as the decline in domestic production public and private by the state of security chaos scarcity of energy and fuel failed government authorities concerned efforts so far, including the Standardization and quality control and the ministries of the environment and health in the face of the flood of shoddy goods, despite the efforts made in this regard.
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09/05/2015
Baghdad
See that specialize Off semi-public sector companies suffer significant structural distortions and increase government spending, and as pointed to the existence of a real crisis and a large drop in production rates, they stressed that privatization is the solution to promote the reality production for those companies.
Said economist Ihsan Jabr expert in an interview for the "long" that "the public sector is suffering from a very large structural distortions began since the fifties of the last century, and led their results to be nearly two-thirds of those losing companies."
He added Gabr that "address the public sector problems need to be steps several of them, the loss-making companies to privatization such as utility companies, weaving, which could be privatized without risk, as well as the introduction of the private sector as a partner in public companies that need to and the sources of successful departments of finance and expertise lacks her this sector. "
He continued by saying that "a small number of companies must to keep the hands of the state which are of strategic importance affecting food security and social enterprises but they also need big reforms, Kalmills water companies and factories food "pointing out that" nearly 70% of the public companies of possible privatization. "
He pointed out that "the privatization process is not easy or improvisational and need large warned political and security and stability to generate efficient administration manages the operation and professional accountants to assess the physical and market values of companies to be privatized and legal specialists to contract management, "noting that" the process also need incentives to lure the private sector and the study of the experiences of countries that introduced the privatization for the advancement of the productive sectors. "
And the development of public sector companies and then proceed B_khas_khastha, Jabr to draw that "this approach will not work with all companies, some of them even if we introduced her lines new production will not attract the private sector because there is a strong market for them," adding that "the market is driven to move private sector companies toward some public companies. "
He also added that "the private sector calls for a few guarantees to engage in privatization projects such as laws national product protection and customs and tax reduction on domestic production, which supports production costs."
He noted that the "privatization processes linked to the investment process and including the environment Investment of Iraq is successful and there are no incentives in this regard, starting from the security problems and the end of the deformed economy and the lack of an effective tax system and do not cover legislation investment areas that doeth the investor, are all factors that led to the flight of domestic capital, "noting that" the most important causes of capital flight Local is the lack of security guarantees and the protection of property rights and the lack of customs protection. "
and weakness in the legislative framework pointed out that "the investment law needs to reform the image that encourage foreign investors to attract as well as reforms in several other important legislation into law customs, labor law and social security and the protection of workers in the productive sectors rights. "
For his part, economist said Ahmed al-Waeli that "public companies a big burden caused to the state and must be privatization projects is beneficial and which are no longer within the competence of the state factor of bricks, cement, cartoons and other companies that could be covered by sector Special dramatically. "
He noted that "to carry out the privatization process must be done to study the economic feasibility of each project of public companies and that 194 projects with a number and know the winners and losers Wi-industries that are available for Iraq comparative advantage by having produced You save raw materials and industrial competencies so that we can reduce costs and introduced competitive market companies and to know the strategic industries that can not leave the state to the private sector. "
He pointed out that "a lot of investors in the world want to invest in many sectors including electricity, oil refineries sector, and we suffer from significant problems in the management of these two sectors, it is possible to privatized to be State a partner in the early stages to adjust pricing and costs. "
and the decline in private capital formation ratios for total capital formation pointed Waeli that "if investment income to Nlk industries, it will be forced to renew production capacities for those companies in the industrial and agricultural sectors leads to the top of the composition Fixed capital New and reduces government spending ratios. "
He continued by saying that "nearly 80% of the scheduled in the federal budget for government spending is in the aspects of construction and not to increase production capacity leads to inflation, the contribution of the government sector in fixed capital formation significantly," stressing the need to "The orientation of such funds to the development of agriculture, industry, health and education sectors, increasing the production capacity of the country as well as the positive effects in the aspects of economic and human development."
He pointed out that "Iraq's economy is a market economy, but can not switch to a market economy simultaneously and must be create conditions for this transformation Fmqomat market economy is still not available and there is no infrastructure appropriate as well as the lack of legal and legislative environment provides appropriately fits the actual transition to the market economy. "
and the contribution of the industrial sector in GDP drew Waeli that "the contribution of the productive sectors in Iraq, down continuously, where his contribution was 12.3% in 1989 and declined to reach 1.6% in 2008 and now started to decline below the 1% level. " He pointed to "the presence of 194 government facility parked and suffer from big losses take their salaries from the Ministry of Finance."
And the employment problem pointed Waeli that "there are solutions to the problem of employment through privatization followed type, Kahalh workers who reached the legal age to retire and convert part of them into circles that work on the central allocations and to keep the number of them and this leads to the elimination of inflation, which hit those companies which reduces production costs and attract the private sector to invest. "
He concluded that "the dynamic installer Iraqi budget is oil, which constitutes 95% of the imports of the budget and nearly 99 % of Iraq's exports and after the drop in oil prices globally and for a deficit of $ 25 billion could have been compensated by the productive sectors if turned state has, "adding that" raising taxes and customs tariffs are not radical solutions, but are inflationary pressures on the citizens. "
The head of the Minister Haider al-Abadi had said during the launch of the strategy to develop the private sector in Iraq, 2014-2030, which was held at the Rashid Hotel in Baghdad and attended the Conference (the long-Presse) that "Ttoiralqtaa private and create a genuine partnership between him and the public sector will contribute to the advancement of the Iraqi economy," pointing out that "one of the issues important for the advancement of the private sector is the restructuring of public companies for the state to be more effective. "
The year 2014 several demonstrations for the staff of the Ministry of Industry and Minerals companies in a number of provinces, to demand to turn them from self-financing to the central and Exchange overdue salaries, most recently in Baghdad since Dozens of employees of the Ministry of Industry and Minerals in the first of January 2014 leather company.
It is noteworthy that Iraq has witnessed after the 2003 case of openness without restrictions on the world which led to the dumping of the local market with goods from around the world as well as the decline in domestic production public and private by the state of security chaos scarcity of energy and fuel failed government authorities concerned efforts so far, including the Standardization and quality control and the ministries of the environment and health in the face of the flood of shoddy goods, despite the efforts made in this regard.
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