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Cabinet allocates $200M for private sector

Private sector has managed to gain $200 million dollars funded from the council of ministers to support the sector and improve its activities in reconstruction drive, head of Iraqi Businessmen Union Raghib Bleibil said.

He added that the cabinet would allocate the fund for the companies chosen in the construction drive so as to participate in the country's building drive.

He elaborated that this has come during a meeting with Deputy Prime Minister Dr. Berhum Salih, who heads the construction committee in the National Assembly.

He concluded that the private sector has high level experiment in addition to ability of employing Iraqi manpower.



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