private sector


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private sector

that part of the economy concerned with the transactions of private individuals, businesses and institutions (the PERSONAL SECTOR, the CORPORATE SECTOR and the FINANCIAL SECTOR, respectively). The private sector and the PUBLIC SECTOR make up the domestic economy and, together with the FOREIGN SECTOR, make up the national economy.

private sector

A portion of the economy composed of businesses and households,but excluding government.

References in periodicals archive ?
For markets to function well, crucial to the delivery of the SDGs, we believe there need to be clear rules of the game for how the state interacts with the private sector.
Yet when asked exclusively about the importance of private sector development, 96 per cent of UAE citizens surveyed felt that the private sector was 'somewhat', 'very' or 'extremely' important for employment.
Gallup data show, however, that just 34% of Saudis associate the private sector with being committed to attracting nationals, compared with 55% who attribute this to the government sector.
The second is crowding in -- with every $1 we bring into the continent, we want to crowd in $6 from private sector.
The seminar also reviews the central public sector employment system and the appropriateness of its application in the private sector, successful experiences in the field of recruitment and human resource management in order to activate the small and medium enterprises, to identify the challenges facing them, and to solicit opinions about the impact of corruption on the national workforce in the private sector.
Last year, he said, the private sector provided jobs for some 250,000 people, totaling its strength of employees to one million.
Judging by the comment on the brain drain of physics graduates, it would appear that the private sector is unable to provide long term meaningful jobs for our most talented graduates.
Activity in the tourism sector, and support for its liberalization and expansion, has also come from the private sector middle class; the merchants, the small businessmen, craftsmen, and other self-employed entrepreneurs and professionals of Syria.
While the special interest groups were being formed, NRA contacted CRA to determine if a private sector unit could be developed at the national level.
As the number of law librarians in the private sector increased (primarily in the 1970s), they began to demand more relevant educational programming.
Secretary Brown: You have to cross the first bridge, and that is, redefining the relationship between the government and the private sector.
One of the dramatic changes in the rehabilitation services field over the last decade has been the emergence, rapid growth, and increasing importance of private sector for-profit (or "proprietary") rehabilitation providers serving people with disabilities and often financed by insurance firms and self-insured employers.

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