Parliamentary Economy: Iraq overcome the financial crisis
08.12.2016 10:30
[Special Oan-]
said a member of the Committee on Economy and Investment parliamentary respond by Najib said the "country exceeded the financial crisis." Which went through because of the large drop in oil imports.
Iraq faces a financial crisis since the fall of oil prices in July 2014, which makes up most of its imports, and conducted on the impact of government austerity policy to reduce costs and provide the necessary resources and taking international loans to secure war supplies to the terrorist Daash gangs, and the salaries of the staff.
She said Najib told all of Iraq [where ] " the government was able to overcome the stifling crisis that existed at the beginning of this year and the situation is now better than before the crisis."
, however , "but until now has not Ntakt financial crisis in general Vairdatna still less than our costs and this will keep the deficit in a big budget."
She explained , that " the war against Daash that exacerbated the financial crisis coinciding with the decline in oil prices , which we continue to rely on him in the construction budget , " noting that " the current government has taken some steps towards building a strong economy but not the ambition level."
she drew Najib that " 2004 budget and the reduction in 2014 that are 95% or more , only on oil revenues, "noting that" What we're saying today in the budgets for 2015 and 2016 this figure fell slightly to about 90% based on oil only and this shows that there is a change , but not at the required level. "
She stressed that " the government take economic steps to serve the interests of the Iraqi economy."
the planning Minister Salman Jumaili said on 11 July, that "Iraq has surpassed the stage of the most dangerous in the economic crisis , after passing the first half of 2016, and that the confidence of the world is growing Iraqi economy."
he Jumaili the hope that "the second half of the 2016 best , as will Iraq by the end Daash and the return of displaced persons as well as the existence of positive indicators for the rise in oil prices in the global market as well as the results of economic policies and treatments taken by the government during the last stage."
as economic Adviser to the President said Minister Haider al - Abadi, said that " the Iraqi economy is gradually recovering, but slowly, and treat the situation day by day and week by week."
he said the appearance of Mohammed Saleh, for [where], in 25 of the last month, that "Iraq is still in financial distress do not want to relinquish optimistic and pessimistic at the same time, caution is required, but there politically and economically determined to rotate the case successfully continuing. "
" since 2014 and until today the country moving the right way and there was no negligence on the obligations of the government in the past year as well as the first half of 2016 and this means that there is a success for curriculum economic government and this success must sustain the momentum it. " https://www.alliraqnews.com/modules/news/article.php?storyid=45655