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Industries Union urges the government to activate Industrial Initiative
2015/05/23 16:41
Tomorrow Press / Baghdad: Student of the Iraqi Federation of Industries, Saturday, the government need to activate the industrial initiative, stressing that the industry make up 1% of GDP. The head of the Union Hussein Zknh for "tomorrow Press," "The previous government had promised to launch industrial initiative but remained without implementation came the current government also has promised to launch similar strategy to some extent to the industrial initiative which is now under study. " He stressed that "this strategy is based on supporting the industry through the launch of industrial loans and rationing import to contribute to the national industrial product support," pointing out that " It's time for the launch of these strategies, especially after the decline in oil prices and the deterioration of the country's economy, which was mainly dependent on oil. " He said Zangana that "the survival of those strategies without implementation led to a decline in Iraqi industrial reality where still accounts for only 1% of the value of gross domestic product after it was before 2003 constitutes 16-18%. " He added that "the domestic industry support means to reduce the depletion of hard currency that go to foreign imports, and therefore we have been able to local currency support and the national economy at the same time."
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2015/05/23 16:41
Tomorrow Press / Baghdad: Student of the Iraqi Federation of Industries, Saturday, the government need to activate the industrial initiative, stressing that the industry make up 1% of GDP. The head of the Union Hussein Zknh for "tomorrow Press," "The previous government had promised to launch industrial initiative but remained without implementation came the current government also has promised to launch similar strategy to some extent to the industrial initiative which is now under study. " He stressed that "this strategy is based on supporting the industry through the launch of industrial loans and rationing import to contribute to the national industrial product support," pointing out that " It's time for the launch of these strategies, especially after the decline in oil prices and the deterioration of the country's economy, which was mainly dependent on oil. " He said Zangana that "the survival of those strategies without implementation led to a decline in Iraqi industrial reality where still accounts for only 1% of the value of gross domestic product after it was before 2003 constitutes 16-18%. " He added that "the domestic industry support means to reduce the depletion of hard currency that go to foreign imports, and therefore we have been able to local currency support and the national economy at the same time."
[You must be registered and logged in to see this link.]
