Chairman of the Federation business: The private sector is n

[Stillw8n]

Chairman of the Federation business: The private sector is non-existent; Needs to be activated for economic development

Baghdad (news) .. The head of the International Federation of Businessmen Hamid punitive that the process of economic development needs to involve the private sector with a year in the construction and reconstruction of the country.

said punitive (for the Agency news) on Thursday: The private sector has no role of the President and active role in economic development currently, due to the activation and rehabilitation of laboratories belong to him, calling for the need to be involved with the public sector to promote the country’s economy.

He explained: that rehabilitation of the private sector comes through the distribution of soft loans to him and participation with the public sector being exposed to abnormal conditions such as war and terrorist attacks continued, leading him to the deterioration of the built infrastructure and isolated from the domestic and global markets.

He added that the federal government does not tend so far to activate the economic sectors of the private sector Kalzerai, industrial and other sectors vital because she is preoccupied with political issues, leaving economic issues task.

noted: the lack of legislation and laws that serve the private sector and supported by, so as to make him an active role in the development of the country’s economy as a result the absence of clear economic visions in Iraq.

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