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Commission on oil and energy: total reliance on oil poses a significant threat to the national economy
Tuesday, October 16 1 / Okrudolf 2012 16:14
{Baghdad: Euphrates News} confirmed the Commission on oil and energy parliamentary dependence on oil threatens the economic security of the country.
Said committee member Susan Saad told {Euphrates News} on Tuesday that "the country's dependence on oil is a major threat to the national economy, has been our criticism and clear and claims the existence of diversifying the sources of resources through the support of the rest areas and sectors."
He explained that "we did not note the seriousness towards diversifying sources and support the rest of the areas and sectors, both rehabilitated factories and plants, rebuilt or open the door for investment."
She stressed the need to build a strategic plan and draw the country's future economic policy not to rely on oil as the basis of resources.
It showed that there are a lot of laws in this regard need to modify or add proposals to such laws in terms of powers as well as the doors of investment in public budgets, where we noticed more than once that the operating budget of more than investment.
And ended with a member of the Commission on oil and energy parliamentary Susan Saad to say "there is a parliamentary ambition to diversify the economy in the country and study of all matters related to the subject carefully by experts and presented to the House of Representatives to take the necessary.
Iraq's budget is based by more than 95 percent on oil and that Iraq is seeking to increase exports to increase financial budget. Ended
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