View Full Version : Government puts solutions for the worst

04-11-2015, 09:41 PM
Saleh: Government puts solutions for the worst

[ltr] Economic Adviser to the Prime Minister Haider al-Abadi said the government has developed appropriate solutions for the worst of the economic crisis, while pointed out that the good relationship with the Kurdistan region will help to minimize the effects of the crisis, he stressed that the current government's plan does not depend on oil revenues in the president.

[ltr] He explained the appearance of Mohammed Saleh in an interview for the "long", that "the effects of the economic crisis on Iraq and a clear decline in oil prices," he said, adding that "the government put the appropriate solutions to get out of this crisis quickly."Saleh added by saying that "the good relationship between the province and the center will help to reduce the effects of the crisis on Iraq in general," noting that "the government has developed solutions for the worst situation that could reach him the Iraqi economy, but this did not happen."

He noted that "the government's plan currently in place, which will be part of the application in the future does not depend on oil revenues as a head of the Iraqi economy," stressing that "opening the door for investment would give financial liquidity of Iraq."

He said Prime Minister's adviser Haider al-Abadi said, "the development of Private Infrastructure industry, oil and agriculture will make Iraq rise from economic reality-based oil and strengthen the economy in the future," stressing that "oil prices vary each month, so it can not be certain plan due to this matter ".
For her part, said an expert in economic affairs peace Sumaisem "long", that "the suffering of Iraq today is the result of the absence of logical economic policy and the accumulation of errors and mismanagement," pointing out that "the disadvantages of the Iraqi economy emerge from the crisis first."

She said, "After the collapse of oil prices defects in the Iraqi economy appeared alarmingly, most notably associated with the public budget deficit, causing a shortage of Iraqi material liquidity."

She Sumaisem saying that "the decline of the dollar amounts that Tsthsalha government led to a rise in the dollar against the Iraqi dinar, and then hit the monetary and economic stability," she "suffered monetary values ​​to enter the collapse, which was born economic results show its effects in all development efforts."

Oil prices have fallen about 60 percent since June 2014 with production rising around the world for more than demand at a time of weakness in growth
World Economic.

The Prime Minister Haider al-Abadi, announced February 12, 2015, the launch of the strategy for the development of the private sector within the government curriculum, stressing his government's commitment under the auspices of workers in the state, in what was considered that Iraq will be vulnerable to international fluctuations if its dependence on oil continues.

Referred to as the Baghdad and Erbil agreed in (2 December 2014), to solve the outstanding issues between the two problems, including the Peshmerga forces allocations and the problem of the export of oil, while the President of the Kurdistan Regional Government Barzani hoped "to reach a radical solution to the problem of the region employees' salaries during the month of December the second in 2015