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08-13-2016, 01:21 AM
Parliamentary Economy: Iraq exceeded the financial crisis

August 12, 2016

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Our economy / Baghdad

The Commission on the economy and investment representative that "Iraq has overcome the financial crisis." Which went through because of the large drop in oil imports.
He said committee member Najiba Najib said in a statement seen by the news agency of our economy, that "the government has been 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 we have not Ntakt financial crisis in general Vairdatna still less than our costs and this will remain a significant shortfall in the budget."
She explained, "The war against Daash is exacerbated by the financial crisis coincide with a drop 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 level of ambition."

She drew Najib that "the 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 is not at the required level. "
She stressed that "the government is taking steps to serve economic interests of the Iraqi economy."