Involve the private sector to prepare development plans

10/9/2017

And the transition to an open market economy
Baghdad / Farah Al-Khafaf

An economic analyst called for strengthening the partnership between the public and private sectors for the successful implementation and completion of plans set by the Ministry of

Planning.

The Minister of Planning d. Salman al-Jumaili has confirmed earlier that the next stage (the post-liberation phase and ending in "Iraq"), will witness broad economic and investment trends within the framework of the reconstruction and development of liberated areas, focusing on the development of the private sector and the business environment, In line with the government's efforts to develop economic and investment plans for the post-urging period.

And the ability of potential economic analyst Rahim Shammari counting " the private sector backbone of the development of the national economy , " noting that he is working to provide financial liquidity to the state treasury, and has the ability and potential to make a real leap in the country 's economy.

Al-Shammari said in his statement to Sabah that this important and vital sector needs several elements, most notably the issuance of legislation to support its work, which lies with the government and parliament, in addition to providing facilities and partnership in economic and investment directions and plans.

The next stage The Minister of Planning, at an earlier conference organized by the Iraqi Embassy in Britain in cooperation with the Arab-British Chamber of Commerce and Industry, concerning investment, trade and reconstruction in Iraq, presented a vision for the next stage. Al-Jumaili pointed out that his ministry,

in cooperation with national and international partners, has identified development paths that are consistent with the global trends to achieve the goals of sustainable development until 2030. The work is under way to prepare the five-year national development plan (2018-2022).
Employment of crises


The Ministry of Planning has prepared a detailed plan for the reconstruction of the liberated areas for the period 2027-2017 based on the economic and social recovery of these areas, by focusing on the vulnerable groups and empowering the youth and enhancing their basic capacities.

Link the reconstruction plan to the next two national development plans (2022-2018) and the second (2027-2023) to ensure their implementation and provide the necessary funds to complete infrastructure projects and achieve economic, human and social development.

The economic analyst Shammari stressed the need to involve the private sector in the development plans set by the government, as required by the business environment in Iraq, in addition to support and guarantees that achieve polarization and investment of capital according to the principle of partnership,

to rotate the economy and move towards a free economy, , And this is consistent with the trends towards the transition to an open market economy adopted by Iraq constitutionally.


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