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Economist calls for the government to diversify the sources of the Iraqi budget revenues
3/24/15
Called on the Vice President of the Economic Information Center economist haven secretary, to diversify the Iraqi government budget revenues in the coming years and to get away from crude oil exports, making them a key source, which is often a drop in prices being reflected negatively on the country's economic condition.
The secretary said in a press statement, said that "Iraq has a variety of mineral wealth of non-oil such as sulfur, phosphates, calcium and other undiscovered, but it did not invest well, and in the case of investment that can supply the general budget Bmdjulat good."
He added, that "agricultural Iraqi and industrial sectors manage Rosetta does not contribute to increased domestic production and improve the quality, but also contributes to the absorption of hundreds of thousands of unemployed and move the national data of farmland and factories idle and human resources and raw materials, which may provide new imports of the budget and legalize hard currency out of the country. "
He said the secretary, that "the site Iraq geographical distinguishes him from others as a bridge brief for the transfer of goods from East Asia to Europe, and not be linked to the country's network of roads, railways, air and sea deprive Iraq of significant financial returns as a result of services provided for the transfer of cargo through its territory is added to it Run the hands of working to sustain this service. " He stressed that "Iraq has not been exploited so far, the tourism sector rational, which include religious tourism, monuments and tourist resorts and natural to poor infrastructure in this sector," pointing out that "tourism in Iraq could provide significant revenues for national budget as is the case in many countries rely on its revenues on tourism. "
He explained that "the adoption of the country's budget on oil is an essential resource for the budget without attention production to other sectors will make the Iraqi economy is unable to fulfill the pre-requisites of the living condition of its personnel, especially as the price of a barrel of oil Negotiable drop and rise according to supply and demand law or economic variables International."
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