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Academy: privatization of state-owned companies will support the private sector and promote the economy
March 28, 2013 10:54 PM Last Updated: 28 Mar 2013 10:54
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Said academic and professor at the University of Mustansiriya Hamid al-Moussawi, said restructuring program state-owned enterprises and privatization will support the private sector and give him the actual role for the advancement of the national economy. Moussawi said (of the Agency news): The state-owned companies and laboratories of the state, mostly losing and non-functional, it must be put a program to restructure and sell them to the private sector, to be able to qualify and returned to work. and added: restructuring state-owned companies as partners and Ministries of Trade and Industry and Construction and Housing will make it competitive and development and deal with the challenges that do not rely on state-funded, as well as giving a significant role for the private sector to strengthen the national economy and development. said the advisers in the Presidency of the Council of Ministers that the program restructure state-owned enterprises reached advanced stages, indicating that the next phase include the assessment of corporate assets by the consultant foreign or domestic. suffer a number of state-owned enterprises in some of the ministries of financial problems With stopped working a number of companies after 2003 and still the State bears to pay staff salaries. revealed the advisers ranked prime minister about the details of the plan currently approved to restructure state-owned enterprises and down to turn them into profitable companies, the most prominent allocated 100 billion dinars for companies that have the capacity to competition in the market.
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March 28, 2013 10:54 PM Last Updated: 28 Mar 2013 10:54
Email to a friend Print Share Font
Said academic and professor at the University of Mustansiriya Hamid al-Moussawi, said restructuring program state-owned enterprises and privatization will support the private sector and give him the actual role for the advancement of the national economy. Moussawi said (of the Agency news): The state-owned companies and laboratories of the state, mostly losing and non-functional, it must be put a program to restructure and sell them to the private sector, to be able to qualify and returned to work. and added: restructuring state-owned companies as partners and Ministries of Trade and Industry and Construction and Housing will make it competitive and development and deal with the challenges that do not rely on state-funded, as well as giving a significant role for the private sector to strengthen the national economy and development. said the advisers in the Presidency of the Council of Ministers that the program restructure state-owned enterprises reached advanced stages, indicating that the next phase include the assessment of corporate assets by the consultant foreign or domestic. suffer a number of state-owned enterprises in some of the ministries of financial problems With stopped working a number of companies after 2003 and still the State bears to pay staff salaries. revealed the advisers ranked prime minister about the details of the plan currently approved to restructure state-owned enterprises and down to turn them into profitable companies, the most prominent allocated 100 billion dinars for companies that have the capacity to competition in the market.
[You must be registered and logged in to see this link.]
