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Parliamentary Finance: Industry companies cost the budgets of the state huge amounts of money must be privatized
10/15/15
BAGHDAD
Parliamentary Finance Committee, on Thursday, called for the privatization of the Ministry of Industry and State Enterprises, noting that it cost the budgets of the state huge amounts of money, while noting that most state-owned companies are almost losing and unproductive.
A member of the Committee MP Haider al-Kaabi for "Sky Press," "The Ministry of Industry problem from several companies and these companies are almost losing and unproductive since 2003 and so far, in spite of the allocation of funds in previous budgets."
He added that "the Ministry of Industry and activating the strategic plan, which includes the privatization of all its companies to revive local industry and reduce the burden on the budget because those companies cost the budgets of previous years, large sums of money."
The Ministry of Industry announced earlier for the preparation of the strategic plan Alyaam up in 2030 to convert all government industries to the private sector.
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10/15/15
BAGHDAD
Parliamentary Finance Committee, on Thursday, called for the privatization of the Ministry of Industry and State Enterprises, noting that it cost the budgets of the state huge amounts of money, while noting that most state-owned companies are almost losing and unproductive.
A member of the Committee MP Haider al-Kaabi for "Sky Press," "The Ministry of Industry problem from several companies and these companies are almost losing and unproductive since 2003 and so far, in spite of the allocation of funds in previous budgets."
He added that "the Ministry of Industry and activating the strategic plan, which includes the privatization of all its companies to revive local industry and reduce the burden on the budget because those companies cost the budgets of previous years, large sums of money."
The Ministry of Industry announced earlier for the preparation of the strategic plan Alyaam up in 2030 to convert all government industries to the private sector.
[You must be registered and logged in to see this link.]
