Special Abadi’s economic adviser: The decline of the currency in Iran and Turkey is in the interest of Iraq

Special Abadi’s economic adviser: The decline of the currency in Iran and Turkey is in the interest of Iraq

07/08/2018

Special Abadis economic adviser - The decline of the currency in Iran and Turkey is in the interest of IraqBaghdad

The appearance of Mohammed Saleh economic adviser to the outgoing Prime Minister Haider Abadi that the decline of the currency in Iran and Turkey is in the interest of Iraq.

Saleh said in an interview with the “trend” said that the economic problems in Turkey are different from what is happening in Iran there is a big difference between them and the decline is due to a deficit in the calculation of payments in general, indicating that as Iraq is a country imported from Turkey and Iran will be imported goods Low cost because economic theory involves the transfer of part of the benefits that are falling out of the country.

He added that the country, which is exposed to a decline in its monetary currency is able to export a larger proportion, and as Iraq is an importer, there will be benefits to the Iraqi economy and the amounts of money less than the former and the country is benefiting from the increase in production of goods, noting that the Iraqi demand from those countries Demand from other countries will be offset by lower purchasing power.

He continued: the positive thing will be reflected on the tourism sector where the decline in the currency will lead citizens to travel and try to invest in the deterioration of the currency rates within Iran or Turkey, pointing out that Iran and Turkey are characterized by economic diversification will be trade exchange between Iraq and positive for both parties.

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