Stressed Prime Minister Haider al-Abadi, Saturday, he will announce next week a new initiative aimed at strengthening the Iraqi economy through the support of the private sector, pointing to the allocation of funds in the federal budget to repair the devastation caused by “Daash” a number of cities in Iraq.

Ebadi said in a speech on the sidelines of the Munich Security Conference, “The government will work to reduce burdensome regulations and the privatization of some companies owned and encourage domestic and foreign investment,” adding that he would announce “next week for a new initiative to strengthen the Iraqi economy through the support of the private sector.”

Abadi added, “We seek to repair the devastation caused by Daash Although we in the midst of war with the organization,” noting “the allocation of funds from the budget to complete it.”

It is noteworthy that the prime minister Haider al-Abadi, arrived, the first on Thursday to Germany at the head of a ministerial delegation on an official visit, to discuss the development of relations between the two countries and the efforts of the international coalition against al “Daash”, which German Chancellor Angela Merkel met with the Iraqi community, and delivered a lecture at the Institute Cropper, also met today in Munich Kurdistan Region President Massoud Barzani.

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