Mazhar Muhammad Salih talks about ‘reform’ measures to stimulate investment and production

Mazhar Muhammad Salih talks about ‘reform’ measures to stimulate investment and production

2021.12.28 – 14:48

Mazhar Muhammad Salih talks about reform measures to stimulate investment and productionBaghdad – people

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed, on Tuesday, reform measures to stimulate investment, production and the operation of the labor market, while identifying three main advantages produced by the reform measures.

Saleh said in a statement to the official agency, followed by “Nas” (December 28, 2021), that “the 2022 budget and its reform trends require Parliament’s approval to achieve work projects that extend into the future.”

He pointed out that “the executive authority, within its decreed powers, is working to carry out appropriate reforms and through stages, in order to activate development, investment and production, as well as the broad operation of the labor market and within the framework of strong and effective programs in the joints of the national economy and the formation of protection belts for the poor classes through the availability of operating mechanisms that eliminate manifestations of unemployment.

He added: “The government’s concessional financing must play its role in the development activity of the markets, in addition to adopting policies to direct the available and uninvested economic surplus to the scope of investment through guarantor partnerships between the state and the private sector within the development of the social market ideology referred to in the country’s five-year development plan and in solidarity with the implementation of The plan is the same in the spirit of the white paper.