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Private Sector Federation and Economic Road Map

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Private Sector Federation and Economic Road Map Empty Private Sector Federation and Economic Road Map

Post by claud39 Sun Aug 02, 2020 1:55 pm

[size=36][rtl]Private Sector Federation and Economic Road Map[/rtl][/size]

Wednesday, July 29, 2020

Private Sector Federation and Economic Road Map 980-Alsabbaq

Baghdad / private 

The voices calling for the unification of the private sector and for it to have a representative before public institutions and the international community rise to reflect the true picture of its performance, capabilities and extent of its effectiveness in changing the shape of the national economy towards a better stage that will be a first stop for the sustainable development train. 

The first vice-president of the Baghdad Chamber of Commerce, Hikmat Al-Daqqaq stressed that "the importance of the private sector has a bloc bearing one of the names under which its umbrella meets all professional organizations and unions, to be chaired by a person known for his integrity and patriotism and who holds a road map that promotes the economy and represents the visions of local organizations to develop the reality of the labor market
Patriotism. "

Unification of effort

The role of the private sector in reviving the economy is important and pivotal, but it needs him to move to the stage of uniting the effort and steer clear of the state of dispersion that he experienced during the past period. In front of the state institutions that wish to have a single body that represents the sector
 The private".

Proof of existence

He added that "the stage the country is going through requires proving the presence of the private sector, by creating effective and influential economic edifices in the development process, as it requires heading towards joint-stock companies with a positive impact on the economy, and is specialized and with great economic feasibility that benefits the local market and addresses a whole The problems that the country suffers from, and are established with private sector capital and the Rafidain and Rashid banks, the central bank and the pension fund contribute to it, as joint-stock companies can be established in the construction sectors and other in the food industries and a third in the agricultural sector and the idea can extend to
The tourism sector. "

It is noteworthy that "the past decades witnessed the establishment of a number of joint-stock companies that achieved profits and fed the local markets with many important materials, but were affected by the reality of the situation
And blinked. "


Federal budget
He pointed out "the importance of re-establishing joint-stock companies, as they provide the federal budget with the necessary financial resources and reduce waste in public money."

He stressed that "the private sector is able to achieve a multiplicity of financial resources, and this requires the initiation of a safe working environment that enhances the executive capabilities of companies and attracts more capital towards
The Iraqi labor market. "

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