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Member of the parliamentary financial reasons attributed to the nature of the economic recession budget
Monday, 09 March / March 2015 09:21
[Baghdad-where]
He attributed the parliamentary finance committee member of the reasons for the economic recession in the country to the nature of the financial budget for 2015.
He said Jabbar al-Abadi told all of Iraq [where] today that "the financial budget does not contain only a few Alasttosmaria projects," adding that "the recession is currently the lack of investment is due to lower oil prices and therefore we believe that this recession is a temporary phase."
He explained that he "can during the next phase could see a noticeable improvement in the economy," noting that "the rise in oil prices will have a positive impact on Iraqi economic reality."
He was a member of the Committee for Economy and Investment parliamentary Doski said Osman's [where] that the committee is seeking to activate the tourism and agricultural sectors and trade in particular, for there to be other sources working on the flourishing economy in Iraq. "
He was an economic advisor to Prime Minister Haider al-Abadi revealed to [where] on the status of large hedges of the state in the event of what he described as "surprises or fluctuations" in global oil prices, which depend on Iraq dramatically in national income.
Iraq is witnessing economic distress, in light of the decline in oil prices, which reflected negatively on the federal budget for 2015 and led to the deficit by 25%, as called for economists to stimulate the private sector and activating investment and the adoption of local products to increase imports and reduce spending. Ended
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Monday, 09 March / March 2015 09:21
[Baghdad-where]
He attributed the parliamentary finance committee member of the reasons for the economic recession in the country to the nature of the financial budget for 2015.
He said Jabbar al-Abadi told all of Iraq [where] today that "the financial budget does not contain only a few Alasttosmaria projects," adding that "the recession is currently the lack of investment is due to lower oil prices and therefore we believe that this recession is a temporary phase."
He explained that he "can during the next phase could see a noticeable improvement in the economy," noting that "the rise in oil prices will have a positive impact on Iraqi economic reality."
He was a member of the Committee for Economy and Investment parliamentary Doski said Osman's [where] that the committee is seeking to activate the tourism and agricultural sectors and trade in particular, for there to be other sources working on the flourishing economy in Iraq. "
He was an economic advisor to Prime Minister Haider al-Abadi revealed to [where] on the status of large hedges of the state in the event of what he described as "surprises or fluctuations" in global oil prices, which depend on Iraq dramatically in national income.
Iraq is witnessing economic distress, in light of the decline in oil prices, which reflected negatively on the federal budget for 2015 and led to the deficit by 25%, as called for economists to stimulate the private sector and activating investment and the adoption of local products to increase imports and reduce spending. Ended
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