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Conscious / parliamentary economics emphasizes the strength of the Iraqi economy, despite falling oil prices
3/14/2015
Vice Chairman of the Committee on Economy and Investment parliamentary Harith al-Harthy underlined the strength of the Iraqi economy, despite falling world oil prices, which make up more than 84% of imports of the state treasury.
Harthy said in a press statement carried reporter ( news agency, media / INA ), "There is no financial crisis, but is a fake crisis and to the strength and durability of the Iraqi economy and the large number of wealth in Iraq."
"There are projects to facilitate investors task and give licenses to invest as soon as possible," adding that "the Investment Law No. 13 of 2006 amended sponsor solving many of the problems, and after the holding of the Conference of the economy and Investor, businessmen and investors, last month, in Baghdad, we found the need to amend some paragraphs law and we are going to approve in the coming days. "
He said the "average investment law is to facilitate the task of investors and activating the private sector and the mixed supplement other sources of income Broalfd added to the export of oil resources."
The appearance of Mohammed Saleh Economic Adviser to the Prime Minister Haider al-Abadi revealed large hedges put 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.
The Finance Minister, Hoshyar Zebari, hinted in 26 of the last month for "signs to cross the financial crisis in the country through the procedures developed for it," while Prime Minister stressed Haider al-Abadi, through hosted in the House of Representatives in 23 of the same month "control of the situation economic and financial, which would be good in the coming months. "
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 the need to stimulate the private sector and activating investment and the adoption of local products to increase imports and reduce spending.
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3/14/2015
Vice Chairman of the Committee on Economy and Investment parliamentary Harith al-Harthy underlined the strength of the Iraqi economy, despite falling world oil prices, which make up more than 84% of imports of the state treasury.
Harthy said in a press statement carried reporter ( news agency, media / INA ), "There is no financial crisis, but is a fake crisis and to the strength and durability of the Iraqi economy and the large number of wealth in Iraq."
"There are projects to facilitate investors task and give licenses to invest as soon as possible," adding that "the Investment Law No. 13 of 2006 amended sponsor solving many of the problems, and after the holding of the Conference of the economy and Investor, businessmen and investors, last month, in Baghdad, we found the need to amend some paragraphs law and we are going to approve in the coming days. "
He said the "average investment law is to facilitate the task of investors and activating the private sector and the mixed supplement other sources of income Broalfd added to the export of oil resources."
The appearance of Mohammed Saleh Economic Adviser to the Prime Minister Haider al-Abadi revealed large hedges put 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.
The Finance Minister, Hoshyar Zebari, hinted in 26 of the last month for "signs to cross the financial crisis in the country through the procedures developed for it," while Prime Minister stressed Haider al-Abadi, through hosted in the House of Representatives in 23 of the same month "control of the situation economic and financial, which would be good in the coming months. "
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 the need to stimulate the private sector and activating investment and the adoption of local products to increase imports and reduce spending.
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