Abadi: it is necessary to pursue the economic and financial situation and the development of policies after the decline in oil prices
8/24/2015




The head of the Council of Ministers chaired by Haidar al-Abadi during the crisis cell at its sixth meeting, on Monday, on the need to pursue economic and financial situation and the development of policies after the decline in oil prices. According to a statement Tqlt / scales News /, a copy of it, that "at the beginning of the meeting Abadi stressed the need to pursue economic and financial situation and the development of policies to respond to these conditions with the decline in oil prices," noting that "the cell heard a presentation for the development of oil production and the potential for improvement with emphasis on the fulfillment of mutual obligations with international oil companies and to secure better working conditions for them. " The statement added, "The crisis cell approved after briefing the participants on the work plan prepared by a joint committee of the Ministry of Finance and other agencies and the private sector and reviewed by the Central Bank of Iraq and the Office of the Prime Minister, the lending program, which is funded by the Central Bank of Iraq $ 5 trillion dinars evenly distributed on the industry and agriculture sectors and housing to be seen in the light of these ratios success of the sectors mentioned in the investment amounts allocated to them. " And instructed the Prime Minister immediately direct the "necessary measures so as to provide real opportunities to activate and reduce the unemployment rate of the private sector" .

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