Economist: lack of understanding of financial matters Zebari led to economic disaster in Iraq

09.10.2015 at 12:30 (GMT Baghdad)

Special - scales News
Said economist Abdul Hassan al-Shammari, Thursday, that the lack of understanding of the finance minister, Hoshyar Zebari, the Iraqi Ballaguetsad and financial matters led to economic disaster, calling for the creation of a new economic operating environment for the private sector to strengthen Iraq's economy.

Al-Shammari said L / scales News /, that "Iraq from candidate countries economically to collapse because of its dependence on non-oil resources," and urged "by relying on other resources working to raise Iraq's economy a little, in addition to creating new economic environment is working on the private sector to strengthen the economy Iran and Iraq compared to the Turkish and Jordanian economy. "

He said economic expert that "the laws and regulations in Iraq does not nominate Iraqis to carry out export except oil resources and therefore Iraq must take the laws and instructions of the new order to the advancement of the industry for the export of Iraq's current products," adding that "Iraq must get up industrially for export to countries the neighborhood also issued us. "

Shammari pointed out that "Finance Minister Hoshyar Zebari told Iran before the period of $ 20 billion, asking," Allen thinks Zebari where you will come with the money? ", Stressing that" the lack of political understanding of the Iraqi economy is leading to economic disaster in Iraq, including the Minister Finance because he has no economic vision and money and thus reflect negatively on Iraq. "

Iraq suffers from a deficit in the budget because of lower oil prices, as well as the high exchange rates of the dollar against the Iraqi dinar, as well as delayed payment of salaries of state employees for several months, and the disruption of the salaries of self-financing companies. It ended 29 quarters e