Abadi adviser: America controls the world’s oil prices and the prices will remain between 65 – $ 85
Abadi adviser: America controls the world’s oil prices and the prices will remain between 65 – $ 85
09/07/2015
Najaf / … Economic Adviser to the Prime Minister stressed the appearance of Mohammed Saleh, said that the current financial crisis in Iraq caused by the sharp decline of oil prices on the one hand and go to support military operations on the other hand, pointing out that the United States controls the world oil prices and the prices will range between 65-85 dollars over the next year.
This came during the presidency of the University of Kufa host Dr. Ramadan evening in favor of the prime minister delivered a consultant specialized lecture entitled (the future of monetary policy in Iraq under the current conditions).
Salih stressed in the lecture that Iraq’s oil production capacity increased during the month of June to more than four million barrels in an attempt to bridge the fiscal deficit in the budget and provide the liquidity needed by the country’s military sector. ”
He called economic adviser to Prime Minister of the Central Bank to issue “of great categories Coins for easy carry.”
Salih stressed that “the financial crisis facing the Iraqi economy caused by lower oil prices and directing the majority of financial revenues to support military operations against terrorist gangs Daash stressing, that America has become a control oil prices in the world.
It concluded the evening, that “economic speculation among traders caused the rise of the Iraqi dinar exchange rate against the dollar, prompting the Iraqi government and central bank to take several measures have contributed to the re-exchange rates to their old levels.”
The seminar was attended by the President of the University of Kufa, Dr. Aqeel Abdul Yassin and some religious and political figures and Alakadimih.anthy 1
aynaliraqnews.com