Specialist: economic reform act will support Iraqi economy

Posted: September 21, 2013 in Iraqi Dinar/Politics
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21-09-2013 01:01 PM
Baghdad (newsletter). Competent in Economic Affairs, said Bassem Jamil, that economic reform will serve to diversify national income rather than relying on oil revenues and boost the Iraqi economy.

Beautifully (News Agency): economic reform law will eliminate non-productive projects stalled and the privatization of some of them and make them productive as tourism, agriculture, industry and others.

He said: there is a reservation of some political blocs on the law because many employees will retire and remain stalled without any work, stressing the need for a unified retirement law attractive to retirees and to provide jobs for unemployed workers in non-government facilities to productive which would turn to the private sector.

Some economists have hoped that economic reform is a moral impetus for the rising national economy in terms of identifying heading towards a free market economy through private sector participation



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