9/9/2015 0:00
BAGHDAD
to achieve the goals and perspectives of the government program, which flows into the administrative and economic system reform in the country, as well as activation of private sector activity, and seek to shift towards a market economy calls for an economist to the need to overcome the obstacles faced by this vital sector. The government has launched in February, strategic development of the private sector 2014- 2030, providing this strategic opportunity for the government to find solutions targeting priority for the business community needs, and in line with the lapse of the government and economic reforms, as it will seek to provide a friendly environment for business and financial resources in order to improve competitiveness Small and medium enterprises, and the establishment of partnerships between small and medium enterprises and public companies.
In this regard noted economist beautiful behalf of the obstacles faced by the private sector and limiting of his works, most notably the lack of establishment of a development bank investment supportive of private sector activity and work in the spirit of the private sector, as well as the frequency and slowing The central bank in the actual control over the private banks and not to the shareholders and depositors to ensure the rights as a guarantor guarantor of the rights of citizens in the banking system.
He added that the weakness of follow-up by the competent authorities budget investment works to paralysis of private sector activity, which nearly 4.5 million workers working in it, as well the frequency and the delay in implementing the decision of privatization, the actual implementation of the strategies and initiatives more than the 16, to support the economic reform process.
He called beautiful to overcome these obstacles through the application and implementation Strutijeth launched by the government early this year, especially as it contributes to stimulate increased production and innovation, and to encourage registration, investment and employment in the private sector, as well as improving the quality of services offered by unions and associations of the private sector.
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