Al-Kaabi calls for activating the role of investment and the private sector in the budget



Baghdad / Al-Mawred News

The First Deputy Speaker, Hassan Karim Al-Kaabi, called on Saturday to activate the role of investment and the private sector, both industrial and agricultural, in the draft federal budget law for 2021, stressing the need to accelerate the drawing up of a common vision between the executive authority and the private sector, considering that the latter is the real partner to activate Economy and overcome the current financial crisis.

During his presidency of a meeting of the Parliamentary Finance Committee and with the participation of the Investment and Economy Committees, Oil and Energy, and the Agriculture Committee, Al-Kaabi stated during the discussion of the draft Federal Budget Law 2021 in the presence of members of the private sector and a group of academics and specialists, and according to a statement, “The financial and banking sectors have a greater role in the process. Activating the private sector and in a way that contributes to overcoming the current economic crisis, “noting” the importance of forming a direct channel between the government, the private sector and investors to exchange ideas and develop plans, programs and common visions in a way that contributes to supporting the wheel of development in the country. ”

He added, “The House of Representatives will be strongly and supportive by issuing legislation that contributes to revitalizing the private sector as it is the main partner for building and developing the state,” stressing that ”

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