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Advisor to the Prime Minister: 5 countries are in the process of supplying factories to Iraq

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Advisor to the Prime Minister: 5 countries are in the process of supplying factories to Iraq
 
money and business
Economy News - Baghdad
 
The Prime Minister's Advisor for Technical Affairs, Muhammad Al-Daraji, said that Iraq is in the process of agreeing with five countries to supply factories to Iraq. Al-Daraji said,
 
 “There is a committee formed under the direction of Prime Minister Muhammad Shiaa Al-Sudani to implement a paragraph in the budget that stipulates granting the government sovereign guarantees in favor of importing production lines and agricultural equipment for the Iraqi private sector, noting that this paragraph occurs for the first time.” He added,
 
"The government is in the process of agreeing with the countries of Germany, Italy, Japan, China, and Spain, in addition to the Islamic Development Bank, to supply factories to Iraq in exchange for sovereign guarantees and to manage them by the private sector." Al-Daraji pointed out,
 
"This is an excellent step to strengthen the Iraqi economy and change its performance philosophy."
 
Views 79     Added 12/21/2023 - 12:01 PM
 
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