17/06/2014 06: 21
The President of the International Federation of businessmen in Iraq that the strategic aspirations of modern principle of the development of the private sector which is the basis for economic progress.
Dr. Hamid punitive told» morning» Iraqi business environment still constrained since some time spans decades, stressing the need to enact new thought based on modern science from universities, academic institutions and research centres so as to catch up with global progress and keep pace with global economic competition. the Penal experience South Korea achieved strides in the economic sphere as a result of its radical reform of the business environment and adopting modern methods of its administration to the need to draw on the experience of States Arabic and world that preceded us in this area and was able to build a strong economy for our country should be taking the plans and developed the strategic visions and frameworks to translate them into effect through private sector support and development and who suffers neglect nearly two decades ago.
Lastly, the need for punitive pay outstanding attention to expertise as the basis in the employment of modern technology in driving the private sector saying that the adoption of the above-mentioned methods will bring a boom in this sector, especially in the investment activity in General will in turn create jobs and reduce the unemployment rate as well as the diversification of the economy, which depends on the economic unilateralism.
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