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Sunday, January 22, 2012 09:23
Economy and investment: Iraq will not be affected by the financial crisis potential in 2012
BAGHDAD / Baghdadiya News / .. ruled out of the economic and investment commission of the parliamentary assembly to be a global economic slowdown in 2012, a significant impact on Iraq, stressing that the effect will be
Limited and not like other nations.
According to a member of the Committee of Economy and Investment House Nahida Daini told / Baghdadiya News / response to the warnings of the World Bank for developing countries, that "the expectations of the global crisis were discussed during the last days in the Economic Committee in the House of Representatives and the Committee is convinced that Iraq will not be affected by those crisis, which will start from 2012 because of Iraq's dependence on oil exports will not be affected Like the rest of the goods because the world could not do without oil, while indispensable for some industrial and agricultural equipment and other goods, "she said.
She Daini that "the absence of agriculture and industry reduces the vulnerability of the Iraqi economy, Iraq has affected the economy is import everything."
The / Baghdadiya News / quoted warning the World Bank for developing countries to be prepared to face the risks of continued economic decline, after the debt problems that resulted in the euro zone and weak growth in many of the major emerging markets to reduce the prospects for global growth.
According to experts and academics that the national economy is heavily influenced by the compression of the global economy as the economy unilaterally dependent on oil revenues and that any recession or slowdown in the global economy will reduce oil prices is reflected on the import of the general budget of Iraq. / Finished / 26 / a. P
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Economy and investment: Iraq will not be affected by the financial crisis potential in 2012
BAGHDAD / Baghdadiya News / .. ruled out of the economic and investment commission of the parliamentary assembly to be a global economic slowdown in 2012, a significant impact on Iraq, stressing that the effect will be
Limited and not like other nations.
According to a member of the Committee of Economy and Investment House Nahida Daini told / Baghdadiya News / response to the warnings of the World Bank for developing countries, that "the expectations of the global crisis were discussed during the last days in the Economic Committee in the House of Representatives and the Committee is convinced that Iraq will not be affected by those crisis, which will start from 2012 because of Iraq's dependence on oil exports will not be affected Like the rest of the goods because the world could not do without oil, while indispensable for some industrial and agricultural equipment and other goods, "she said.
She Daini that "the absence of agriculture and industry reduces the vulnerability of the Iraqi economy, Iraq has affected the economy is import everything."
The / Baghdadiya News / quoted warning the World Bank for developing countries to be prepared to face the risks of continued economic decline, after the debt problems that resulted in the euro zone and weak growth in many of the major emerging markets to reduce the prospects for global growth.
According to experts and academics that the national economy is heavily influenced by the compression of the global economy as the economy unilaterally dependent on oil revenues and that any recession or slowdown in the global economy will reduce oil prices is reflected on the import of the general budget of Iraq. / Finished / 26 / a. P
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