Finance Minister: We Aspire to Take the Private Sector’s Active Role in the Process of Advancement of the Iraqi Economy

February 14, 2010 · Posted in NEWS
2010-02-14 13:37:04

BAGHDAD (Iba) .. Finance Minister Baqir al-Zubaidi that support for the Iraqi private sector is a priority for the Ministry’s work, “where we hope to take the private sector’s active role in the reconstruction process and the advancement of the Iraqi economy.”

Zubaidi said when meeting a large group of Iraqi businessmen and investors led by Prime Baghdad Chamber of Commerce Falah Kammouna the Finance Ministry has handed over all the assignments and the Ministry of Commerce of the ration card in addition to providing a loan of $ 1,5 billion of Trade Bank of Iraq to secure the entitlements of traders and farmers of wheat marketers and Alclb

A statement from the ministry, traders and businessmen reviewed instrumental role in the construction process and ensure the ration card items and impediments to non-receipt of dues from the Ministry of Trade, despite securing the ration card items and received by the Ministry of Commerce and a long time, non-payment, which impacted negatively “on the process processing.

The Al-Zubaidi “to the Ministry of Finance is seeking within the financial allocations to the provinces to support the investment has seen the allocation of budget in 2010 amounts to more than $ 20 billion to support projects in the provinces and this positive indicator is the process of supporting the private sector in addition to the banks to the government with the private sector through loans, which will contribute to expanding the role of the private sector in the reconstruction and construction. “(end) / g / …

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