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Parliamentary Economic: oil, gold and the dollar will not see stable revenues in 2016
09/29/2015 14:08
Tomorrow Press / Baghdad:
The Commission on Economy and Investment parliamentary, Tuesday, that the financial revenue reimbursements from the export of oil and the sale of foreign currency by the Central Bank and the gold trade in the markets will not see financial stability during 2016, pointing out that Iraq needed to support the domestic economy by plans laid down by the central government to control economic fluctuations.
Deputy Chairman of the Committee Harith al-Harthy for "tomorrow Press", "The Investment Committee Parliamentary General Secretariat of the Council of Ministers demanded to be there in advance financial estimated at 100 million dinars to citizens who apply on-demand through the banks, and to establish conditions and mechanisms for the disbursement of advances in order to end the austerity and the lack of liquidity and support the local product in the Iraqi market.
"said Al-Harthy that" the Iraqi dinar was not affected in the previous financial volatility also be witnessed in 2016 through rises or declines in economic fluctuations, "calling on the central government to" put discreet plans to prevent any phenomenon of recession or an economic downturn in the market by working to improve the 2016 budget and reducing the price set by the oil barrel. "
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09/29/2015 14:08
Tomorrow Press / Baghdad:
The Commission on Economy and Investment parliamentary, Tuesday, that the financial revenue reimbursements from the export of oil and the sale of foreign currency by the Central Bank and the gold trade in the markets will not see financial stability during 2016, pointing out that Iraq needed to support the domestic economy by plans laid down by the central government to control economic fluctuations.
Deputy Chairman of the Committee Harith al-Harthy for "tomorrow Press", "The Investment Committee Parliamentary General Secretariat of the Council of Ministers demanded to be there in advance financial estimated at 100 million dinars to citizens who apply on-demand through the banks, and to establish conditions and mechanisms for the disbursement of advances in order to end the austerity and the lack of liquidity and support the local product in the Iraqi market.
"said Al-Harthy that" the Iraqi dinar was not affected in the previous financial volatility also be witnessed in 2016 through rises or declines in economic fluctuations, "calling on the central government to" put discreet plans to prevent any phenomenon of recession or an economic downturn in the market by working to improve the 2016 budget and reducing the price set by the oil barrel. "
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