Gateway safe to move toward a market economy

[yota691]

Gateway safe to move toward a market economy

 

 

       

6/14/2015 0:00 

Seminar discussed activating the role of the sector mixed 

 BAGHDAD - Hussein al-Tamimi Tgb 

stressed the mixed sector Conference and its role in development and economic transformation on the importance of overcoming administrative and financial constraints and access to facilities offered by the state and stand at ways to develop this sector, especially as the mixed sector is one of the shift towards economy factors the open market. 

 President of the Conference Raed Fahmi began by stressing the importance of domestic production development and the need to work on activating the self-development capabilities of economic and industrial country in the light of economic transition to an open market economy phase that are able to raise the performance and attract Alamwal.obin heads the mixed sector is One important factor in this trend, pointing out that the Conference examines the most important challenges facing the mixed sector financing and administrative obstacles and facilities that must be submitted by the state and contribute to its development. The head of the National Investment Commission Sami al-Araji said that the mixed sector exposure to large losses after 2003 and was able to return to the stages of production after it contributed to the Ministry of Industry to provide some support to him, pointing out that the government support the mixed sector through the issuance of decisions that support the march this sector. 

The President of the Industrial Development Association Ahmed Abdel Lifter on the advantages and objectives of the creation of mixed companies, who said they contribute to the promotion of investment and the opportunity for the greatest number of individuals, including the limited investment income owners in the process of economic development, which dates back public benefit of the society and the state and the individual, as well as ensuring proper utilization and investment of the industrial project out of personal interest, and find a fair competition with other sectors projects and consumer protection from the risk of monopoly and the deterioration of the quality, as well as ensure a better goods produced in mixed for the existence of public interest for the whole contributing companies of quality contributor to monitor and follow up the activities of these companies through boardrooms, public bodies and financial control and lead to transparency in Alaml.wachar that the mixed sector companies actively contribute to the modern technology where companies set up production of various of its products coefficient transfer and thus the gateway for technology transfer and resettlement in Iraq and the creation of different skills to the hand, the national labor .edo Baghdad Economic Forum Amer Jeweler eating industrial strategy, he said in the second chapter of which touched on the encouraging strategic partnerships with foreign and local investors qualified establishment of major industrial companies shared capital between the public and private sectors in ways that diverse participation and the restructuring of public companies list to transfer part of the ownership of the public sector in some of them to the private sector by turning them into joint stock companies. He added, that came within the schedule of the strategy, which is supposed to start its implementation in 2013 that is converted 20 percent of the public industrial sector companies to effectively contribute in the public stock market in 2017 and 50 percent of them companies in the year 2022 and 80 percent of them in 2030, taking into account the existence of 176 public companies, including General 71 industrial company include about 250 Msanaa.obin Jeweler he came in a resolution restructuring in strategy that is formed units restructuring in the ministries to take over the preparation of business plans for each company, and those documents acknowledged that being the initial assessment and classification of companies according to the feasibility of each company where classified into economically viable companies financed and self-managed attractive and ready to invest and the other is unable to continue operating and financing self-companies, but it useless and need to restructure the companies and hybrid futile and useless require a major effort in restructuring, companies have a low priority for investment is feasible to continue operations productivity and can be thought of scientific manner and within the economic diversification methodology to search for radical solutions to them and to promote the establishment of a similar activity or an alternative, companies that are not commercially viable but Manmh.ama Director General for Industrial Bank Kazem fistula has pointed to the existence of several factors negatively affected in this sector in particularly the lack of power supply on an ongoing basis, which led to a halt most of the factories and causing big losses, as well as the lack of exploitation of production capacities for the full machinery of the lack of a demand for those products, as well as higher raw material prices and the difficulty of the competition of imported products, as well as the opening of the border in front of imported goods and the entry of products quality specifications, and the lack of sufficient liquidity to buy raw materials not afford what led to the fact that some companies sell part of its fixed assets. 

 

[Cm2]

This is good right?

[Officiallytook]

Yes very good...

[Laid Back]

Good news.!!

market economy = international recognize currency

[sandfly]

THANKS

[new york kevin]

Wooo hooo

[EagleEye]

when does Ramadan begin ??

[Jaygo]

when does Ramadan begin ??

June 18