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He urged the government to solve the problem of companies
8/23/2015 0:00
Baghdad
within the general directions of the government to reform the economic and financial situation in the country demanded that the Parliamentary Finance Committee, Prime Minister Haider al-Abadi end the file losers in the ministries of industry, transport companies within the budget next year for the existence of a financial burden on government revenues.
A member of the Committee Faleh applicable in remarks followed up «morning»: that «the general budget for next year will see the lack of financial liquidity as a result of lower oil prices and exchange the government huge sums in its war on terror in all the provinces calling on Prime Minister Haider al-Abadi to end the file losers in the ministries of industry, transport companies within the budget next year to provide funds those companies to the government and the conversion of all employees of those companies to other companies you can bring strong financial revenues ». It is his part, economist Karim Mustafa competent industrial sector, in a special interview for« morning »that Iraq has a large industrial sector includes the public sector, manufacturing the military, the mixed sector.
Mustafa noted that the State has invested in this sector huge amounts of money but still hang due to the outdated production lines, the lack of investment allocations, recruitment excessive, bureaucratic and management productivity underdeveloped, and general economic policy encouraging the import invoking a significant negative side.
He added Expert «there is pressure to sell these industries domestic and foreign private sector. But surely that was done would be cheaply and on the workers who will lose a large part of them and their jobs to the fact that the buyer wants to reduce production costs to the lowest level ».roy Mustafa« The best solution account is to rehabilitate these industries, and as long as this solution collides not provide investment allocations , the partial rehabilitation may be available option, based on the specific productivity of the rehabilitated lines and requires that the products of these lines are required in the market.
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8/23/2015 0:00
Baghdad
within the general directions of the government to reform the economic and financial situation in the country demanded that the Parliamentary Finance Committee, Prime Minister Haider al-Abadi end the file losers in the ministries of industry, transport companies within the budget next year for the existence of a financial burden on government revenues.
A member of the Committee Faleh applicable in remarks followed up «morning»: that «the general budget for next year will see the lack of financial liquidity as a result of lower oil prices and exchange the government huge sums in its war on terror in all the provinces calling on Prime Minister Haider al-Abadi to end the file losers in the ministries of industry, transport companies within the budget next year to provide funds those companies to the government and the conversion of all employees of those companies to other companies you can bring strong financial revenues ». It is his part, economist Karim Mustafa competent industrial sector, in a special interview for« morning »that Iraq has a large industrial sector includes the public sector, manufacturing the military, the mixed sector.
Mustafa noted that the State has invested in this sector huge amounts of money but still hang due to the outdated production lines, the lack of investment allocations, recruitment excessive, bureaucratic and management productivity underdeveloped, and general economic policy encouraging the import invoking a significant negative side.
He added Expert «there is pressure to sell these industries domestic and foreign private sector. But surely that was done would be cheaply and on the workers who will lose a large part of them and their jobs to the fact that the buyer wants to reduce production costs to the lowest level ».roy Mustafa« The best solution account is to rehabilitate these industries, and as long as this solution collides not provide investment allocations , the partial rehabilitation may be available option, based on the specific productivity of the rehabilitated lines and requires that the products of these lines are required in the market.
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