Friday, March 22, 2024

An Economist Calls On The Government To Support And Stimulate The Private Sector , 22 MARCH

 An Economist Calls On The Government To Support And Stimulate The Private Sector

 Economy| 05:58 - 03/17/2024  Mawazine News - Baghdad   The economic expert, Hassan Ismaik, today, Sunday, called on the government to support and stimulate the private sector in Iraq. 

In an interview with Mawazine News, Ismaik said, “There is a need to rehabilitate the government sector in order to stimulate growth in the private sector, which will  contribute to creating partnerships and  strategies with foreign direct investment in unexploited sectors such as  transportation,  tourism, and the  shift towards smart agriculture, as well as  Industrial and technological cities. 

He stressed "the necessity of shifting towards investing in quality of life and enabling Iraq to create a new digital environment."  He pointed out that

"there are many experts who link the reforms implemented by the Iraqi government headed by Muhammad Shiaa Al-Sudani, and  enabling the country to shift towards digitalization, as the solution to many of its crises, especially  corruption,  administrative slackness, and   poor service provision, and      encouraging investors and facilitating their work, which requires...

Firstly,  revitalizing and streamlining the public administrative apparatus.”  He pointed out that  "activating the public sector in Iraq must coincide with measures by which the government  supports the private sector,  increases the growth of its business, and  raises the level of partnership between it and the public sector."   https://www.mawazin.net/Details.aspx?jimare=244063   

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