The wind: driver of private sector unemployment

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The wind: driver of private sector unemployment

02/9/2014 12: 00 am

Called as stratigia Government

Baghdad — Yasser Metwally

Deputy Cabinet Secretary for financial affairs Obaid replaces Freih that support private banking sector is necessary because the backbone of private sector so that the next Government should include an stratigia because without it there is no economy.

This came in response to a question for (morning) from the economic approach and on the sidelines of Symposium discussion by the Association of private banks in Iraq, saying that the private sector and banks is an important part of it, that would solve the problem of unemployment which the State powerless to address them.

He said that the Government has become the wind determined planning, supervision and implementation of the overall economic activities, productivity does not run directly proved its failure in direct implementation of most projects, pointing out that file operation and reducing unemployment is the private sector that requires legislation.

He went on the critical issue of terrorism returned treatment lies in creating jobs for the unemployed in order to protect them from engaging in the ranks of terrorists because of the need for money for terrorism, so the file must be adopted by the private sector sober is backed by the Government, there is no country in the world to accommodate this many unemployed. Here he needed a private and discreet banking sector that meets the needs of the private sector in achieving the operational goals which requires governmental support necessary legislation, returned to such activities undertaken by the Association is important to alert concerned for such solutions, calling for private banks to rise to this responsibility by creating solid banks by mergers whenever possible, expressing the hope that the Association will have a more active role in this axis, praising the efforts made and the active participation of Parliament and devices Governmental support for such activities and actors.

http://www.alsabaah.iq/ArticleShow.aspx?ID=77060

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