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The economic situation is going through a major crisis as a result of falling oil prices
Economy, 2015-08-22 10:33
Najiba Najib confirmed a member of the Economic Committee, that the economic situation is going through a major crisis as a result of falling oil prices ,, indicating that the price per barrel fell to forty dollars, with the possibility of falling to the lowest price levels.
She said Najib told all of Iraq [where] that "the government to take the following measures which represented a package economic and financial reforms to reduce costs and the integration of ministries and Cancel senior positions and also reduce protections," as well as "the implementation of the salary scale which will reduce salaries, within a good reform package possible to provide funds to the budget, as well as activating the customs tariff to be applied to increase non-oil revenues. "
And called on Najib to "application collection for water, electricity and municipalities to find a service common to the citizen and the government benefit," stressing "the tourist side, to the large number of visitors to religious shrines in some countries before it gives the visitor passport shall be subject to the visa So attention must be paid to this aspect and take advantage of Aiardth".
She pointed to the need for "cooperation with the relevant authorities such as the IMF to support Iraq at this stage," pointing out that "the war against Iraq Daash cost a lot of money, and we need support to address these terrorist forces".
She explained that "Iraq is not a country bankrupt and have a good reserve, and still the price of the dinar against the dollar well and retains its strength," indicating that "Totarhbot world oil prices on the lack of state revenues reflected negatively on the overall activities that led to the scaled and projects and not to complete them and reluctance", adding that "Revenues are affected by the lack of liquidity of the country and the standard of living and economic life and reality."
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Economy, 2015-08-22 10:33
Najiba Najib confirmed a member of the Economic Committee, that the economic situation is going through a major crisis as a result of falling oil prices ,, indicating that the price per barrel fell to forty dollars, with the possibility of falling to the lowest price levels.
She said Najib told all of Iraq [where] that "the government to take the following measures which represented a package economic and financial reforms to reduce costs and the integration of ministries and Cancel senior positions and also reduce protections," as well as "the implementation of the salary scale which will reduce salaries, within a good reform package possible to provide funds to the budget, as well as activating the customs tariff to be applied to increase non-oil revenues. "
And called on Najib to "application collection for water, electricity and municipalities to find a service common to the citizen and the government benefit," stressing "the tourist side, to the large number of visitors to religious shrines in some countries before it gives the visitor passport shall be subject to the visa So attention must be paid to this aspect and take advantage of Aiardth".
She pointed to the need for "cooperation with the relevant authorities such as the IMF to support Iraq at this stage," pointing out that "the war against Iraq Daash cost a lot of money, and we need support to address these terrorist forces".
She explained that "Iraq is not a country bankrupt and have a good reserve, and still the price of the dinar against the dollar well and retains its strength," indicating that "Totarhbot world oil prices on the lack of state revenues reflected negatively on the overall activities that led to the scaled and projects and not to complete them and reluctance", adding that "Revenues are affected by the lack of liquidity of the country and the standard of living and economic life and reality."
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