Abadi: Oil no longer covers the cost of production and the salaries of the staff and
Article from Holly1 in the chat room
Abadi: Oil no longer covers the cost of production and the salaries of the staff and we have to rely on other activities
The head of the Council of Ministers Haider al-Abadi, on Thursday, that the price of oil dropped below the minimum, which covers the cost of production and the salaries of staff, called to rely on other activities to promote the economy of the country, while stressing the need to hit the corruption and red tape for success in overcoming the financial crisis.
Ebadi said in a speech during the launch of industrial, agricultural and housing loans mechanisms conference and I followed (range Press), "The price of oil fell below the minimum that we need, which covers the cost of production and the payment of salaries," calling to "carry out other activities to make up for the shortfall in revenues Country".
He said al-Abadi, that "the Iraqi state has more than four million employees, a figure more than twice the staff in the countries where the number of citizens who exceed twice the number of Iraqi citizens," stressing that "this is not a call to reduce the number of employees."
He pointed Abadi, that "Iraq is able to overcome the economic crisis through the fight against corruption and red tape," pointing out that "this will require the cooperation of all, including citizens."