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The importance of the private sector

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1The importance of the private sector Empty The importance of the private sector on Thu Apr 18, 2019 7:20 am

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The importance of the private sector

Monday 15 April 2019 73
Fouad Alaboudi


Trends to achieve integrated economic development must be based on the private sector base with a positive impact on the overall movement of the market and the consumer street, as this influence in the investment of the daily needs of the citizen and meet the demands of the trend that ensures that it is not to be blocked by imports The Foreigner.

The problem in our economic situation and the way it is built is in the absence of planning and the process of balancing the Iraqi domestic industrial and production market and the phenomenon of dumping this market with foreign products despite its bad and the low origin of the product.

There is a serious overlap that economic planners are not aware of, a process of economic and developmental construction of the economic sector, starting from the step of providing the necessities of basic upbringing by supplying these supplies to sustain the pumping of the private sector products or local industries by the rehabilitation of factories And the factories that are idle in order to upright the equivalent equation between theory and practice.

In recent years, the most important voices calling for the return of the soul to the private sector, most importantly the prime Minister, Mr. Adel Abdel-Mahdi, have given confidence to our economic sector, and have indeed been a joyous gospel for this important sector to occupy its place and contribute to the development movement it seeks The government.

But the pulse of these calls and voices should not be muted, but calls for motivation and re-evaluation of the private sector to ensure that it truly contributes to the economic construction movement that every aspiring Iraqi aspires to accelerate domestic production and demonstrate the important role of national industry on the road of economic construction.

Necessary, during this important phase of our country, which suffers from a clear lack of clarity in the production and preparation of plants and factories to receive local national experience, where the dust of neglect continues to prevail.

The fundamentals of building the foundations of the national economy depend above all on the Government's support for the private sector, not only because it is the foundation of the Iraqi economic reality, but because it represents the important pillar of any economic activity that is the fundamental building block of the construction and economic growth to shine in True national orientation is what can be termed growth along with the required development.

In order not to lose sight of this vital factor (the private sector) from any step blessed either by our government or by supporters such as the expatriate industrialists we have to put the scientific and logical calculations that will trigger the effectiveness and vitality of the positive effects on the production level and the value of what will be produced Those effects of a positive act on the general building of a healthy Iraqi economy, appear to be visible and contribute the necessary advantages as a result of the consciousness intended to lift this sector.

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