Baghdad: The Private Sector Development Council convened its second meeting to deliberate on the evolving economic landscape and explore strategies to bolster economic and financial stability. The meeting was attended by key figures, including Sabah Jundi Mansour, Director of the Economic and Financial Policies Department at the Ministry of Planning, the Council's Secretary-General, Mohammed Sadiq Al-Har, along with several Board of Directors members.

According to National Iraqi News Agency, Abdullah Al-Jubouri, the Council's Second Vice-Chairman, emphasized in a press release the significance of the Council's newly approved strategy for 2026-2036. Crafted in collaboration with the Ministry of Planning, this strategy marks a pivotal move to enhance the private sector's role in the economic development process, aiming to amplify its contribution to the national economy.

Al-Jubouri further revealed that the strategy has been forwarded to the Ministerial Council for the Economy for ratification. Following this, it will be presented to the Council of Ministers for official approval and subsequently distributed to relevant authorities.

The meeting also saw participation from representatives of various key sectors, including the Ministries of Oil, Labor and Social Affairs, Trade, Industry and Minerals, the Central Bank of Iraq, and the Federation of Industries, underscoring the collaborative effort to navigate the current economic challenges.