Government plans to use stock market to fight recession
The Iraqi Prime Minister's financial advisor, Muzhar Muhammad Saleh, proposed a five-year national strategy aimed at developing Iraq's capital market. This initiative seeks to address economic stagnation by utilizing financial markets as a means to mobilize savings and direct them toward funding investment projects, thereby contributing to increased production and diversification of national income sources. The strategy emphasizes enhancing transparency and protecting investors, with the goal of improving employment opportunities, increasing investment, and achieving sustainable economic growth.
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