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Specialists: Late payment of salaries is a condition that should not be repeated
Friday 20 November 2020 42
Baghdad: Mustafa Al-Hashemi
After the recent case of late payment of government employees' salaries proved that the public sector is not much different from the private sector in terms of its exposure to financial crises, specialists in economic affairs called for a review of the reality of the private sector and open the way for it to enter as a partner to absorb jobs, alleviating the financial burdens, which It is borne by the state as operating expenses that increase annually.
Adnan Al-Fattal, a specialist in economic affairs, said, "The current stage requires employing all resources and benefiting from all the experiences that Iraq has gone through to produce positive results that contribute to developing the economic reality properly."
In an interview with Al-Sabah, he pointed out that “what the country has witnessed in terms of the delay in paying the salaries of employees working in the government sector has become an imperative for those in charge of the economic file in the country, the necessity to prevent the recurrence of such a situation as it greatly harmed most of the joints of the living life of the employees’s families.”
Al-Fattal suggested speeding up the opening for the private sector to effectively enter the arena of the economic process, given its flexibility in the movement of funds and its liberation from bureaucracy, speed of delivery and accuracy in carrying out the work entrusted to its companies.
In turn, economic researcher Firas Amer said that “late payment of salaries has caused great harm to the movement of small and large commercial transactions between merchants on the one hand, and the families of employees and owners of retail stores, on the one hand. Other”.
Amer explained to “Al-Sabah” that “there is a set of solutions and proposals that the government can take as realistic measures that prevent a recurrence of such a situation again,” indicating that it is
“properly activating the role of the private sector that includes the government's support for the electric power sector first, in the industrial field, and in In the marketing field, we should limit the import of everything that can be produced locally.
He believed that "tourism companies affiliated with the private sector can achieve good results in employing young people as a guide or a tour guide when rehabilitating our tourist attractions in which Iraq abounds from north to south."
For her part, the economic researcher Lubna Al-Shammari said that “the natural and human resources that the country enjoy qualifies it to almost completely dispense with oil, if this file is managed in a way that achieves the maximum benefit from those resources represented by all economic sectors such as transport, tourism, industry, agriculture, and other vital joints. The other”.
Al-Shammari added, "The current situation requires speeding up the implementation of reform plans that would move the economy, diversify resources, activate the private sector, and not resort to more borrowing, especially external, as it is a waste of resources and depriving future generations of enjoying the simplest limits of prosperity and a good standard of living."
Specialists: Late payment of salaries is a condition that should not be repeated
Friday 20 November 2020 42
Baghdad: Mustafa Al-Hashemi
After the recent case of late payment of government employees' salaries proved that the public sector is not much different from the private sector in terms of its exposure to financial crises, specialists in economic affairs called for a review of the reality of the private sector and open the way for it to enter as a partner to absorb jobs, alleviating the financial burdens, which It is borne by the state as operating expenses that increase annually.
Adnan Al-Fattal, a specialist in economic affairs, said, "The current stage requires employing all resources and benefiting from all the experiences that Iraq has gone through to produce positive results that contribute to developing the economic reality properly."
In an interview with Al-Sabah, he pointed out that “what the country has witnessed in terms of the delay in paying the salaries of employees working in the government sector has become an imperative for those in charge of the economic file in the country, the necessity to prevent the recurrence of such a situation as it greatly harmed most of the joints of the living life of the employees’s families.”
Al-Fattal suggested speeding up the opening for the private sector to effectively enter the arena of the economic process, given its flexibility in the movement of funds and its liberation from bureaucracy, speed of delivery and accuracy in carrying out the work entrusted to its companies.
In turn, economic researcher Firas Amer said that “late payment of salaries has caused great harm to the movement of small and large commercial transactions between merchants on the one hand, and the families of employees and owners of retail stores, on the one hand. Other”.
Amer explained to “Al-Sabah” that “there is a set of solutions and proposals that the government can take as realistic measures that prevent a recurrence of such a situation again,” indicating that it is
“properly activating the role of the private sector that includes the government's support for the electric power sector first, in the industrial field, and in In the marketing field, we should limit the import of everything that can be produced locally.
He believed that "tourism companies affiliated with the private sector can achieve good results in employing young people as a guide or a tour guide when rehabilitating our tourist attractions in which Iraq abounds from north to south."
For her part, the economic researcher Lubna Al-Shammari said that “the natural and human resources that the country enjoy qualifies it to almost completely dispense with oil, if this file is managed in a way that achieves the maximum benefit from those resources represented by all economic sectors such as transport, tourism, industry, agriculture, and other vital joints. The other”.
Al-Shammari added, "The current situation requires speeding up the implementation of reform plans that would move the economy, diversify resources, activate the private sector, and not resort to more borrowing, especially external, as it is a waste of resources and depriving future generations of enjoying the simplest limits of prosperity and a good standard of living."
