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Reduce dependence on oil as a supplier of financial bonds
1/18/2015
BAGHDAD Mustafa al-Hashemi
In light of the survival of world oil prices without previous standard rates and the continued effects on countries that rely on oil in its budget, including Iraq fears, increasing the need for day after day to find plans and the development of alternatives in the long run, not only vessels of them activating the productive sectors and support financial government bonds.
Considers economic researcher verse just that the reactivation of the productive sectors is a priority in light of the economic conditions of the country to diversify and expand the non-oil revenues, which currently needs Iraq.
Adel said in a statement the "morning" to activate these sectors is to publish government bonds culture and traded as public awareness of the importance of supporting the bond sectors of agriculture, industry, housing achieves audience interaction with the government and awakens to have a sense of shared responsibility in supporting the country's economy.
It confirmed that the launch of supportive securities for these sectors would improve their performance as well as that it contributes to draw fiscal policy in the long run and reduce the country's dependence on unilateral resource to finance the state budget, as well as the possibility of contributing to the creation of sovereign wealth funds or funds generations.
She noted that the decline in global oil prices and the descent to the rates (scary) lately, makes it imperative for those in charge of the economic file to adopt new mechanisms to serve the diversity of fiscal revenue, pointing out that the majority of the Gulf states were not affected as Iraq influenced slope price of a barrel of oil being owned sovereign wealth funds Besides activated available within other economic sectors such as tourism and investment resources. Just to and drew that this decline in prices is a phased reduction, as reports suggest issued on energy international destinations will see the price of a barrel of oil recovery has been slow during the next term, stressing the need to speed up the development of mechanisms to reduce the country's dependence on oil and his new economic policy to suit the stage through out.
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1/18/2015
BAGHDAD Mustafa al-Hashemi
In light of the survival of world oil prices without previous standard rates and the continued effects on countries that rely on oil in its budget, including Iraq fears, increasing the need for day after day to find plans and the development of alternatives in the long run, not only vessels of them activating the productive sectors and support financial government bonds.
Considers economic researcher verse just that the reactivation of the productive sectors is a priority in light of the economic conditions of the country to diversify and expand the non-oil revenues, which currently needs Iraq.
Adel said in a statement the "morning" to activate these sectors is to publish government bonds culture and traded as public awareness of the importance of supporting the bond sectors of agriculture, industry, housing achieves audience interaction with the government and awakens to have a sense of shared responsibility in supporting the country's economy.
It confirmed that the launch of supportive securities for these sectors would improve their performance as well as that it contributes to draw fiscal policy in the long run and reduce the country's dependence on unilateral resource to finance the state budget, as well as the possibility of contributing to the creation of sovereign wealth funds or funds generations.
She noted that the decline in global oil prices and the descent to the rates (scary) lately, makes it imperative for those in charge of the economic file to adopt new mechanisms to serve the diversity of fiscal revenue, pointing out that the majority of the Gulf states were not affected as Iraq influenced slope price of a barrel of oil being owned sovereign wealth funds Besides activated available within other economic sectors such as tourism and investment resources. Just to and drew that this decline in prices is a phased reduction, as reports suggest issued on energy international destinations will see the price of a barrel of oil recovery has been slow during the next term, stressing the need to speed up the development of mechanisms to reduce the country's dependence on oil and his new economic policy to suit the stage through out.
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