The private sector need to be represented towards an active role in development
07/16/2013 12:00 AM
Trade accounted for most of its activities
Baghdad - Mostafa Hashemi is the private sector of the most important pillars adopted by States in shaping the economy because of its active role in stimulating economic activity and determine the orientations as well as it represents the embodiment of a real process of development of any country in the world, but the private sector is facing great challenges that hampered the performance of the role required and challenges common of which is the cause and them faced permanently. believes experts and specialists that the Iraqi private sector dispersant to the lack of a representative, as an economic or as a concerned organize their affairs, or led to define its role in Iraq, similar to the rest of the countries. Although there is noticeable, index weakness, but it does not necessarily mean the existence of deficiencies in the sector as a whole as there was a move significantly on the level of commercial activity to the private sector. march of the private sector in this regard reviewed the economic expert Majid picture history of the private sector in Iraq, saying: he was possessed a major role in development, especially solving problems that belong to the consumer and absorb unemployment to a period that lasted until the decision of nationalization, which pull the rug from under the feet of the private sector and handed the reins of economic activities are all to the state to oversee them entirely, except for the commercial sector, and deteriorate the private sector in subsequent years until it was virtually eliminated. said in a statement to the (morning) that after 2003, the private sector began to evolve significantly in the commercial field along a marginal economic activity and not real.Because of the absence of basic infrastructure and the security and political situation has declined the private sector in economic activities, real big drop. activity of private banksand pointed to the existence of information that there are 35 thousand of the projects, medium and large code, including 85 per cent of them, noting that small businesses or micro small in sleep significantly but in marginal activity and not real. He stressed that the role of the private sector in banking began growing Therefore, the number of private banks to the extent of 47 banks, whether foreign or locally along with six state banks are Rafidain and Rasheed, industrial, agricultural, real estate and Trade Bank of Iraq and Mesopotamia Islamic. fragmentation of organizations for his part sees academic economic d . Majid Baidhani that the main problem in the lack of private sector development is the absence of electricity and the security situation in addition to the absence of visions and strategies for the development of the private sector. and who leads the private sector now says Baidhani (morning): that there is fragmented and clear to the organizations related to the private sector where there is a union businessmen, and the Iraqi National Business Council, and the Federation of Chambers of Commerce and the Iraqi Federation of Industries and Exporters Association and other organizations are all caused the dispersion of the private sector and not being able to consolidation clear مطاليبه on electricity and legislative issues and to reconsider the Customs Act.However, but in turn succeeded part of the private sector and on the side of business by persuading the government and the Council of Ministers required import cement to the presence of 12 plants produce this article, in addition to the issue of customs tariffs and the protection of national industries also no secret corporate activity various National Business Council. conflicts capacity For his part, academic Economic d. Essam المحاويلي to the existence of conflicts ability of the private sector in aspects of the industry, commerce and agriculture sector commercial sector monopolist is the dominant economic activities other due to the speed of capital turnover and speed to achieve profits, with import value of $ 58 billion in 2010 and $ 64 billion in 2011 and now numbers more than $ 70 billion in 2012 and this amount of imports governmental organizations and the private sector and the issue of services should stand then and not to allow this sector to paralyze the rest of the other economic sectors. Stressing the (morning) that the effects of this part of the private sector for electricity and solve the problem other infrastructure and not to issue legislation significant impacts. confirm official bodies and government need to support the private sector as this support is guaranteed by the Constitution of Iraq through the transition from the totalitarian to a market economy . the basis of competition and how they are supporting the private sector, said المحاويلي must be solved first, the problem of electricity and the conflict between the sectors that fall under the private sector and to provide the means necessary for the establishment of such a sector in Iraq because all of this affects the cost, which is the basis of competition between traders and the Iraqi industry . He pointed out the need to find appropriate legislation to encourage the private sector, including tax exemption and all issues other routine mechanisms granting licenses investment and all that must be resolved drastically and not by the desire of a particular destination or a particular group and to develop appropriate climate for the work of the private sector properly. , and hinted that the general budget very large and part of which must be allocated for the development of the private sector through the establishment of a development bank is the process of lending or financing the establishment of development projects and the restructuring of government institutions overall productivity. He stressed that without attention to large industries by the government in the transitional phase can not be for the private sector to grow and take its role in all things and important economic activities that will drive economic progress in Iraq forward. |
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