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Al-Kazemi’s advisor warns of austerity if the emergency support law is not passed
Economie Today, 21:24
BAGHDAD - Ia'a
, Adviser to the Prime Minister, Mazhar Muhammad Salih, expected, today, Sunday, to pass the proposed law on emergency support for food security and development, while warning of a state of austerity in the event that the proposed law is not approved.
Saleh said in a statement to Al-Iraqiya News, which was followed by the Iraqi News Agency (INA), that
"the proposal for the emergency support law for food security and development is very important in providing the ration card and enhancing strategic storage,
as well as the need to provide allocations to pay farmers' dues, in addition to providing the cost of imported oil derivatives," expected Passing the bill.
Saleh warned of "the state of austerity, financial distress and inflation, which is a dangerous phenomenon, in the event that the proposed law is not passed," noting that
"this law proposal is a rescue spending package to reduce any potential risks."
Saleh added that "the prices of fuel, gas, sugar and grains rose by 40% from last year,"
stressing the need to "provide the ration card items due to the high rate of poverty."
And regarding the white paper, Saleh said that "this paper is almost disabled in such a circumstance after the increase in financial support," explaining that "
this paper is a long-term reform and can be modified because the Iraqi economy needs it."
Al-Kazemi’s advisor warns of austerity if the emergency support law is not passed
Economie Today, 21:24
BAGHDAD - Ia'a
, Adviser to the Prime Minister, Mazhar Muhammad Salih, expected, today, Sunday, to pass the proposed law on emergency support for food security and development, while warning of a state of austerity in the event that the proposed law is not approved.
Saleh said in a statement to Al-Iraqiya News, which was followed by the Iraqi News Agency (INA), that
"the proposal for the emergency support law for food security and development is very important in providing the ration card and enhancing strategic storage,
as well as the need to provide allocations to pay farmers' dues, in addition to providing the cost of imported oil derivatives," expected Passing the bill.
Saleh warned of "the state of austerity, financial distress and inflation, which is a dangerous phenomenon, in the event that the proposed law is not passed," noting that
"this law proposal is a rescue spending package to reduce any potential risks."
Saleh added that "the prices of fuel, gas, sugar and grains rose by 40% from last year,"
stressing the need to "provide the ration card items due to the high rate of poverty."
And regarding the white paper, Saleh said that "this paper is almost disabled in such a circumstance after the increase in financial support," explaining that "
this paper is a long-term reform and can be modified because the Iraqi economy needs it."
