The President Stresses the Need to Develop the Private Sector and Support the National Economy


H.E. Dr. Barham Salih called on businessmen and the private sector to play a prominent role in supporting the national economy by actively contributing to the development of all construction and investment projects throughout the country.
This came during the reception of Mr. Ibrahim Masoudi (Al-Baghdadi) the Chairman of the Iraqi Economic Council and his accompanying delegation, which included a number of members of the Council, at the presidential office in Baghdad today Wednesday December 5th 2018.
At the beginning of the meeting, President Salih welcomed the guest delegation, pointing out the need for businessmen, finance and the private sector to be interested in large investment projects, especially in the sectors of agriculture, energy and manufacturing industries.
His Excellency also stressed the need to find ways to develop the capabilities of the Iraqi Economic Council and enable it to work effectively in moving the wheel of the national economy distinctly, explaining his support for the importance of providing all legal facilities to allow the Council to work in a positive way and overcome the difficulties in the implementation of investment projects in the country.
On their part, the Chairman and members of the delegation of the Iraqi Economic Council presented a detailed explanation on the obstacles facing the work of the private sector, offering a number of realistic solutions that would overcome the obstacles to the future work plan which the Council believes to be adopted in the coming period.
The delegation also praised the efforts of the President to develop the mechanisms of action within the national institutions with their various specialties to provide the best services to the sons of the Iraqi people and revive the economic reality in the country.


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