Finance Minister: The state has lost control of its finances .. 450 measures that must be implemented to improve the economy
Finance Minister: The state has lost control of its finances .. 450 measures that must be implemented to improve the economy
11/18/2020 10:48:39
{Baghdad: Al Furat News} The Minister of Finance, Ali Abdul Amir Allawi, confirmed that more than 450 measures must be taken to achieve the goals and remedies of the White Paper.
Allawi said during an economic seminar held by the Iraqi Economic Council to discuss the white paper, that “in the first meetings of the Council of Ministers, we agreed to form a committee to address the financial crisis consisting of five people.”
He added, “The committee started working on the white paper in cooperation with five other Iraqi experts. The core of the committee for preparing the white paper was 10 people, then it expanded to include 40 people.”
Allawi continued: “After the historical narration of the reasons for the deterioration of the economic situation, we began by analyzing the causes of the problem of low productivity of the Iraqi employee and indicating cases of continuous decline in the Iraqi economy until the state became lacking in control of its finances.”
The Minister of Finance indicated, “In the result, we reached the approval of more than 450 measures that must be taken to achieve the goals and treatments of the white paper, as well as the presence of annexes that will be issued to the white paper.”
The economic symposium was held under the auspices of the Parliamentary Finance Committee and the Parliamentary Economic and Investment Committee and in the presence of the Deputy Prime Minister for Economic Affairs, Minister of Finance Dr. Ali Allawi, the President of the National Investment Commission Mrs. Soha Al-Najjar, the President of the Iraqi Trade Bank Salem Chalabi, the advisor to the Prime Minister Muhammad Al-Hakim, and economic organizations. .
alforatnews.com
