PM Barzani: Private sector expansion is a priority
Kurdistan Regional Government Prime Minister Nechirvan Barzani says expansion of private sector in Kurdistan Region is a priority of his government.
Prime Minister Barzani says as a part of KRG's reform package, he has signed nearly 30 orders, including an order to transfer the majority of services currently provided by the public sec- tor, to the private sector.
Mr. Barzani made the remarks during a speech at the signing ceremony of a contract between the International Finance Corporation and Mass Global, a leading firm of Kurdistan Region's private sector.
According to the contract, IFC, which is a member of the World Bank Group, will provide funds to expand Su- leimaniya power plant.
Prime Minister Barzani stated that his government is collaborating with the private sector in order to find a permanent solution to power shortages in Kurdistan Region.
Deputy Prime Minister Qubad Talabani, a number of KRG ministers and business leaders attended the ceremony.