Private enterprises vital for development

The role of the private sector can never be overestimated given the fact that it contributes 50 percent of the country's tax revenues, 60 percent of its gross domestic product, 70 percent of its technological innovations, 80 percent of its jobs and 90 percent of new jobs and enterprises.

How absurd and ridiculous it is for some to suggest that the private economy has finished its historical mission and has to quit.

If it is not due to misinformation or ignorance, it must be out of ulterior motives that such a view is being expressed.