Today, Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, announced the paths of partnership between the state and the private sector, noting the importance of legislating the economic reform law.
Saleh said in an interview with the official agency, “The government seeks to develop the economic system in the country by building a true partnership between the state and the private sector,” noting that “this partnership aims to achieve the diversification of the economy and gradually get rid of the state’s dependence on oil revenues to finance The economic activity”.
He explained, “There are multiple areas of partnership with the private sector, including financing partnerships and issuing carbon bonds and reconstruction bonds to obtain financing from the financial markets,” pointing to “the role of the Iraq Fund for Development in supporting the private sector by financing its investments at various levels.”
Saleh stressed “the importance of the government’s role as a true guarantor of the supply of Western technology to the private sector, especially in the field of industry, agriculture and digital technology,” adding that “this is a partnership guaranteeing the supply of advanced technology to the country with government financial guarantees.”
He noted “the importance of legislating the economic reform law, which will represent a new model of partnership in investing in strategic economic activities and will contribute to expanding the scope of investments and improving infrastructure.”
nrttv.com
