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Muhammad Salih: The Rise In Oil Prices Is A Great Opportunity To Form An Effective Partnership With The Private Sector

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Muhammad Salih: The Rise In Oil Prices Is A Great Opportunity To Form An Effective Partnership With The Private Sector

Sunday 20 , February 2022 | Economy    Read Counter 95

Baghdad / NINA / -
The financial advisor to the Prime Minister, Madhar Muhammad Salih, confirmed that the rise in oil prices is a great opportunity to form an effective partnership with the private sector.

He told the National Iraqi News Agency (NINA) that generating a partnership from surplus oil with the private sector is a great and important opportunity to create a major agricultural renaissance and

then advance the manufacturing and service activities associated with agriculture, starting with the manufacture of fertilizers and pesticides and

ending with industries related to the use of water technology, irrigation, plowing and others.

He added that the matter will generate a financing partnership between the state and the private sector to target industrial and service activities that employ the large workforce and quickly.

The private sector complains about the lack of government support to restore its active activity in the local market, which is the basis for the stability of the economic sector and to reduce the burden on the government sector.
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