Almamori calls for reform of economic policy and reliance on local product

12/19/2015 17:49 pm (Baghdad time)

BAGHDAD - scales News
He called for economic and investment commission member of the parliamentary proof Mamouri, on Saturday, to economic policy and reliance on local product repair.

Mamouri said in a statement received in / scales News /, a copy of it, that "the lame economic policy caused the loss of Iraq's billions of dollars annually, stressing the need to immediately start finding alternatives and relying on Iraqi products."

He Almamori "that rely on the export of oil just to support the budget of the country, and not to use the surplus funds in the formation of a production base, whether industrial or agricultural, in the previous government, has caused the current financial crisis," noting "that the fall in world oil prices revealed that the wrong policy It was followed by the previous government in its dependence on oil as the only source of public revenue. "

He called Almamori government send your liquidation of crude oil investment law to the Council of Representatives for approval, the fact that Iraq loses annually billions of dollars in import of oil derivatives, "pointing out that" the establishment of oil refineries to achieve significant revenue to the state, in addition to stop the import of oil derivatives ".anthy 29/9 P