Adviser to the servants, the Iraqi economy is recovering gradually but slowly
Adviser to the servants, the Iraqi economy is recovering gradually but slowly
7.25.2016 10:52
[Special Oan-]
Economic Adviser to the Prime Minister Haider al – Abadi, said that ” the Iraqi economy is gradually recovering, but slowly he said.”
Iraq faces a financial crisis since the fall of oil prices in July 2014, which constitute 90% of its imports, and conducted on the impact of government austerity policy to reduce costs and provide the necessary resources and taking international loans to secure war supplies to the terrorist Daash gangs, and the salaries of the staff.
He said the appearance of Mohammed Saleh, He told all of Iraq [where] that “Iraq is still in financial distress do not want to be overly optimistic and pessimistic at the same time, caution is required, but there politically and economically determined to rotate the case successfully continuing.”
“since 2014 and until today the country moving the right way was not there shorten the obligations of the government in the past year as well as the first half of 2016 and this means that there is a successful economic approach to the government of Haider al – Abadi and this success must sustain the momentum it. ”
Saleh pointed out that” the Iraqi economy is recovering gradually but slowly and treat the situation day by day and week by week. ”
the planning Minister Salman Jumaili said in a July 11 th, that “Iraq has surpassed the stage of the most dangerous in the economic crisis , after passing the first half of 2016, and that the confidence of the world is growing Iraqi economy.”
he expressed the hope that “the second half of 2016 better as witness Iraq by the end Daash and the return of displaced persons as well as the existence of positive indicators for the rise in oil prices in the global market as well as the results of economic policies and treatments taken by the government during the last stage. ”
the international Monetary Fund published last week , the memorandum said it was the Iraqi government , ” the government will freeze policy appointment in most sectors and pension reform [salaries] and charging for electricity in order to increase revenue. ”
agreed with the international Monetary Fund recently on loan demand, allowing Iraq to get first payment of $ 1.9 billion.
alliraqnews.com
