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3 questions economist d. Ahmed al-Waeli
12/20/2014 (00:01 pm)
Reason for asylum Iraq following the policy of austerity knowing that he has a substantial financial resources?
- The Iraqi government did not invest large oil imports funds and massive amounts included in the budgets over the past years, and there was a huge waste of money during the period, which saw a rise in oil prices did not invest the money the right way, not the Iraqi government is working on the development of industrial, agricultural and productive sectors as well to the inefficiency of Iraqi companies that operate in the field of investment and infrastructure.
Is Iraqi institutions have the correct vision for the application of austerity optimal image?
_ Iraqi ministries and most government institutions do not have a clear economic policies, and not to have experts in the field of economics is working to reduce costs, and lack of government institutions to the existence of economic committees to help in the formulation of economic policy for these institutions note that the Iraqi universities replete with large numbers of experts who are able to guidance in expenses, even if the price of a barrel of oil to $ 60, which is convenient number of the Iraqi economy if invested money optimal way without wasting or binge.
Is there a rich nations suffered economic setbacks and resorted to follow the policy of austerity?
_ Iraqi economy unilaterally because of total dependence on oil imports, which is a big mistake practiced by the former Iraqi government, and did not take the correct procedures in the treatment of this subject, that some countries went bankrupt, but it did not stop working, but I managed to innovation and investment in various fields and returned better of the former, as happened in Brazil and Argentina, as well as what happened in Germany after World War II, so he should think Iraq alternative financial resources, the non-oil sector.
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12/20/2014 (00:01 pm)
Reason for asylum Iraq following the policy of austerity knowing that he has a substantial financial resources?
- The Iraqi government did not invest large oil imports funds and massive amounts included in the budgets over the past years, and there was a huge waste of money during the period, which saw a rise in oil prices did not invest the money the right way, not the Iraqi government is working on the development of industrial, agricultural and productive sectors as well to the inefficiency of Iraqi companies that operate in the field of investment and infrastructure.
Is Iraqi institutions have the correct vision for the application of austerity optimal image?
_ Iraqi ministries and most government institutions do not have a clear economic policies, and not to have experts in the field of economics is working to reduce costs, and lack of government institutions to the existence of economic committees to help in the formulation of economic policy for these institutions note that the Iraqi universities replete with large numbers of experts who are able to guidance in expenses, even if the price of a barrel of oil to $ 60, which is convenient number of the Iraqi economy if invested money optimal way without wasting or binge.
Is there a rich nations suffered economic setbacks and resorted to follow the policy of austerity?
_ Iraqi economy unilaterally because of total dependence on oil imports, which is a big mistake practiced by the former Iraqi government, and did not take the correct procedures in the treatment of this subject, that some countries went bankrupt, but it did not stop working, but I managed to innovation and investment in various fields and returned better of the former, as happened in Brazil and Argentina, as well as what happened in Germany after World War II, so he should think Iraq alternative financial resources, the non-oil sector.
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