The target pillars for drafting the Private Sector Council law
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
The target pillars for drafting the Private Sector Council law
The target pillars for drafting the Private Sector Council law
21/04/2021

Samir Nasiri *
The Ministry of Planning is currently discussing the mechanisms of work in the temporary private sector council formed under the chairmanship of the Minister of Planning, and the legal committee associated with the Council is working on laying the foundations and pillars on which the law must be based upon its approval and which should not depart from the visions and ideas presented in the strategy for developing the private sector (2014‐) 2030) and according to its three pillars and phases, as well as relying on what it referred to and identified by the white paper in its presentation of the economic reform strategy, to the role through which the private sector should contribute to managing the economy in cooperation with the government in the second phase, of which the years 2021 and 2022 remain.
This requires the provision of the legislative environment and a stable business environment, and a focus on the axes that aim to build sound precedents for the transition to completed economic reform, and this requires the government and the private sector in all its banking, industrial, agricultural, tourism and service fields to participate and cooperate in implementing the interim, medium and long economic reform strategy.
This means engaging the private sector with a greater role in economic decision-making and market leadership through the following:
1- Contributing to improving the business environment in Iraq and providing an encouraging investment climate to attract national and foreign capital and encourage the achievement of partnerships between the public and private sectors.
2- Contributing to the creation of a new legislative environment based on its reference to Article 25 of the permanent constitution, strategies and laws for economic reform and the development of the private sector to ensure its activation and leadership of the market in the future.
3- Maintaining and activating the partnership, dialogue and cooperation between the private sector and the government.
4- Contributing to setting policies, mechanisms and strategies, and participating in following up their implementation in order to resolve the transition to time-programmed stages to a market economy.
5- Working to provide additional funding sources for the state budget by adopting the development and diversification of resources towards raising the percentage of resources other than oil in the gross domestic product.
6- Encouraging the establishment and development of micro, small and medium enterprises in order to achieve comprehensive and sustainable development, including the formation of specialized institutions for this purpose.
7- Cooperation in ensuring the implementation of the central plans in providing the infrastructure to encourage and develop the private sector in industry, trade, agriculture, tourism, mineral resources, energy and services.
8- Activating the role of specialized banks and private banks to provide soft loans to the national private sector, as well as finding solutions to the problems of taxes and accumulated benefits that accrued to owners of stalled projects, and setting a short and medium-term financial policy
9- Coordination and cooperation with the concerned ministries and financial and statistical institutions in building a financial and statistical information base and ensuring its transparency.
* Adviser to the Association of Iraqi Private Banks
https://economy-news.net/content.php?id=24893
21/04/2021

Samir Nasiri *
The Ministry of Planning is currently discussing the mechanisms of work in the temporary private sector council formed under the chairmanship of the Minister of Planning, and the legal committee associated with the Council is working on laying the foundations and pillars on which the law must be based upon its approval and which should not depart from the visions and ideas presented in the strategy for developing the private sector (2014‐) 2030) and according to its three pillars and phases, as well as relying on what it referred to and identified by the white paper in its presentation of the economic reform strategy, to the role through which the private sector should contribute to managing the economy in cooperation with the government in the second phase, of which the years 2021 and 2022 remain.
This requires the provision of the legislative environment and a stable business environment, and a focus on the axes that aim to build sound precedents for the transition to completed economic reform, and this requires the government and the private sector in all its banking, industrial, agricultural, tourism and service fields to participate and cooperate in implementing the interim, medium and long economic reform strategy.
This means engaging the private sector with a greater role in economic decision-making and market leadership through the following:
1- Contributing to improving the business environment in Iraq and providing an encouraging investment climate to attract national and foreign capital and encourage the achievement of partnerships between the public and private sectors.
2- Contributing to the creation of a new legislative environment based on its reference to Article 25 of the permanent constitution, strategies and laws for economic reform and the development of the private sector to ensure its activation and leadership of the market in the future.
3- Maintaining and activating the partnership, dialogue and cooperation between the private sector and the government.
4- Contributing to setting policies, mechanisms and strategies, and participating in following up their implementation in order to resolve the transition to time-programmed stages to a market economy.
5- Working to provide additional funding sources for the state budget by adopting the development and diversification of resources towards raising the percentage of resources other than oil in the gross domestic product.
6- Encouraging the establishment and development of micro, small and medium enterprises in order to achieve comprehensive and sustainable development, including the formation of specialized institutions for this purpose.
7- Cooperation in ensuring the implementation of the central plans in providing the infrastructure to encourage and develop the private sector in industry, trade, agriculture, tourism, mineral resources, energy and services.
8- Activating the role of specialized banks and private banks to provide soft loans to the national private sector, as well as finding solutions to the problems of taxes and accumulated benefits that accrued to owners of stalled projects, and setting a short and medium-term financial policy
9- Coordination and cooperation with the concerned ministries and financial and statistical institutions in building a financial and statistical information base and ensuring its transparency.
* Adviser to the Association of Iraqi Private Banks
https://economy-news.net/content.php?id=24893
claud39- VIP NewsHound
- Posts : 18367
Join date : 2018-11-04

» International official: The weakness of the private sector in the Middle East is the result of inefficiency of the public sector
» Parliamentary economy calls for supporting the private sector in partnership with the public sector and activating laws to protect the national product
» The Minister of Planning discusses ways to develop the tourism sector in Iraq with a number of private sector activities
» The Association of Private Banks organizes a symposium on "The Economic Benefits of Employing Women in the Private Sector"
» Rafidain publishes instructions to grant advances to private sector employees, hospitals and private companies
» Parliamentary economy calls for supporting the private sector in partnership with the public sector and activating laws to protect the national product
» The Minister of Planning discusses ways to develop the tourism sector in Iraq with a number of private sector activities
» The Association of Private Banks organizes a symposium on "The Economic Benefits of Employing Women in the Private Sector"
» Rafidain publishes instructions to grant advances to private sector employees, hospitals and private companies
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Textbook Tony
» Angela Hitler gathers lieutenants in Germany to mourn loss of Fourth Reich
» 10 years of the new notes came out!
» The Association of Brokerage Companies: Changing the dollar exchange rate contributed to raising the value of Iraqi shares
» Iran: Exports to Iraq amounted to $9.5 billion
» Al-Hakim calls for choosing the next prime minister within specific criteria
» What does Iraq look in a post-Sadr era?
» Sadrist leading figure to the Coordination Framework: the fire you made will burn everyone
» Iraqi parliament swears in new members to replace Sadrists
» USD/IQD closes slightly lower in Baghdad
» Norway offers US$ 7.5 million to Iraq
» Asia's thirst for cheap Russian oil hits Opec's No 2 producer Iraq
» Iraq’s exposure to US securities was up to about $28 billion in April
» The Central Bank: We have taken effective measures to protect the banking sector and combat money laundering
» Al Qirtas Islamic Bank - The first use of modern systems from DN SeriesTM ATMs in Iraq
» The Central Bank of Iraq: We launched 17 trillion dinars of development initiatives
» Central: The Letter of Guarantee platform issued more than 30,000 letters, worth 9.3 trillion
» The Governor of the Central Bank discusses obstacles to the work of Islamic banks with the International Rating Agency
» The Central Bank of Iraq decides to sell the dollar to pilgrims at the official exchange rate
» The central bank is moving at a steady pace to support and revitalize the economy
» The central electronic platform for letters of guarantee enhances confidence in banking transactions
» Who's on First?
» Frank26 says - From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Meta 1 Coin Has Crack Team Of Lawyers? Why Is Dave Schmidt Still Rotting In Jail?
» California pot shops prepare for their first day of legal recreational marijuana sales TODAY
» One Crazy Guy
» CBI sells $1+ billion in forex for second week in a row
» Iraq and the World Bank hold a workshop to develop public debt management
» Combating financial crimes enhances confidence in the banking sector
» Forex-US dollar notches in Baghdad
» USD/IQD closes lower in Baghdad
» What Happens when Cancer is treated with Cannabis? VIDEO
» VIDEO: Viral Hydroxychloroquine Doctor Demands Joe Biden Apologize After Media Finally Acknowledges HCQ Works
» USD/IQD closes slightly higher in Baghdad
» CBI sold +3$ billion in forex in May
» Finance agrees with the World Bank to help Iraq by activating the General Authority for Taxes
» Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside
» The Central Bank prevents Visa and Master card holders from giving them to any party