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Specialize demanding transfer ownership of public companies to contribute
Baghdad / Qais chopsticks
Called a number of researchers and specialists in the field of banking and finance to the need to promote the industrial sector, support and benefit from the industrial companies listed on the Iraq Stock Exchange, and demanded specialists to find practical solutions to save industrial companies stalled in order to benefit from the revitalization of the economic reality in the country, came in a symposium hosted by the Iraqi market for securities yesterday and attended (range).
Symposium discussed a number of papers submitted and which carried the title "elements of upgrading by industrial sector companies listed on the Iraq Stock Exchange," where the person of the Board of Governors of the stock market Laith ruled in his quest for the industrial sector mixed and private deterioration suffered by many laboratories and industrial companies Even now some of them just structures, many of them unable to pay their expenses and production costs, and sentenced demanded that stand at the problems and address them in a scientific manner back to this sector real role in building the economies of the country.
Increased financial liquidity
For its part, recommended the Ministry of Industry and Minerals Borktha by Dr Mehdi Hassan Haleem, increase liquidity and capital government banks of bank and industrial bank Rafidain and Rasheed and give validity to Council departments banks to grant a loan to the company mixed until $ 10 million interest rate 4% without approval of the Minister.
It sees Association President mediators leaves money in Iraq, Ali Jamal Amin to "address the problem of industry in Iraq can provide electric power and transfer of ownership of public companies into joint stock companies enter workers and employees in those companies as shareholders where and these contributions are an alternative to pensions. And follow" In addition to converting Iraqi industrial style of the maquiladora industries to industries integrated and work to enter a strong competitor to the country as a partner in projects that do not learn to promote, in order to benefit from its expertise in the field of industry and agriculture.
The Secretary called the need to find an acceptable formula for the composting system to tax depends on the mechanism of tax cuts in the event of higher production.
Survey
Expert economist Bassem Jamil Anton reviewed in the paper work About industrial reality in the country and stages who suffered the loss, advance a range of solutions and recommendations to support this sector, which will have a positive in all areas and economic activities including Suu s securities, and student Anton need for A field survey of these companies, especially in relation to the public sector and mixed so that the state can support or offering for investment in order to take advantage of the potential of these companies and the expertise of its staff.
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