Al-Sudani directs to reconsider some unproductive economic decisions

Al-Sudani directs to reconsider some unproductive economic decisions

7-8-2024

Al-Sudani directs to reconsider some unproductive economic decisionsInformation/Baghdad..
Prime Minister Mohammed Shia Al-Sudani directed, today, Monday, to reconsider some unproductive economic decisions and policies.

The Prime Minister’s Media Office stated in a statement received by Al-Maalouma Agency that “Al-Sudani chaired the periodic meeting of the Ministerial Council for the Economy, in which decisions related to the economic reality were followed up, and the reform aspects included in the government program were implemented.”

Al-Sudani pointed out the “importance of reconsidering the economic decisions and policies that were taken in previous stages,” adding that “the time has come to stand up to a number of unproductive work contexts and practices, and that reform requires strong and correct decisions.”

He explained that “the government has provided the private sector with great supportive opportunities, and has worked to empower it and launch its projects, and it is closely following up on everything required to continue the pace of growth,” noting that “its supportive decisions will not be directed towards benefiting groups that live on certain outlets, without providing a contribution or returns to the country.”

He added, “The Council discussed the report of the Diwani Order Committee (24573), headed by the Minister of Planning, to follow up on the amount of support directed to petroleum products, fuel supplied to factories and plants, and to the Ministry of Electricity.”

He stressed that “the Council followed up on the issue of taxes due on companies and ways to organize them, and approved the adoption of a clear mechanism for the tax, in addition to approving the work to separate the real operating factories from the fictitious factories, and to audit the numbers and tables presented in the report, and to adopt an economic vision that supports the export of factory products and the expansion of production.”

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