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Economist stresses supporting the private sector instead of burdening the operational budget with appointments

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Economist stresses supporting the private sector instead of burdening the operational budget with appointments

Today 08:57
Information / Baghdad...


Economist Bassem Jamil Antoine stressed the need to support the private sector to absorb the number of unemployed and operate factories to enrich the country with goods and goods instead of going to import,

pointing out that the continued launch of appointments will burden the operational budget after it reached 75 percent of the country's budget.  Antoine told Al-maalouma that

"successive governments often get into problems where there is a surplus in the number of state employees by 70 percent after their number exceeded 4 million and 500 thousand employees who do not provide the GDP with anything significant".

"The government should transfer the recruitment process from the government sector to the private sector with granting soft loans, as well as paying attention to small enterprises and the operation of factories and factories to accommodate the numbers of unemployed, which exceed 3 million people," he added.

"The operating budget exceeds 75 percent of the country's budget, while the investment budget has about 10 percent, and the rest goes to other doors," he said.  He pointed out that

"the Great Return of oil can be properly invested by

reviving the private sector and
providing jobs in this sector to end the problem of unemployment,
operate factories,
enrich the country with various goods and materials imported from abroad, as well as
keeping young people away from the phenomenon of drugs and other negative phenomena".
Ended 25N

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