Thursday, August 24, 2023

An economist who explains the reasons for the absence of government support for national production , 24 AUGUST

 An economist who explains the reasons for the absence of government support for national production 


Aug 23 18:53
Information / special.

Economic expert Diaa Al-Mohsen explained, on Wednesday, the 

reasons why the government did not focus in its program on supporting local production, pointing out that the government had focused primarily on the service file and postponed production support to another stage.  Al-Mohsen told Al-Maalouma, 

"The government program did not present the file of supporting national production and protecting the product, because the government is aware of the weakness of production, as it moved towards supporting the service file and infrastructure."   He added, 

"The government left the national production support file to another stage when it is confirmed that it is possible to find strong local production in terms of agriculture and industry, as well as the citizen's role in acquiring local goods and preferring them over the importer."   And that 

"the private sector is still below the level of ambition, especially in terms of prices, as the closure of borders in front of some products when available locally is accompanied by a rise in prices."  He pointed out that 

"providing local production with the required quality and price needs more time, in addition to the need for confidence and conviction by the Iraqi consumer."
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