Al-Fath: Al-Kazemi’s Government Is Working To Raise The World Bank’s Reserves Of Iraq’s Oil!

Al-Fath: Al-Kazemi’s Government Is Working To Raise The World Bank’s Reserves Of Iraq’s Oil!

02/02/2022 | 3:55 PM

Al-Fath - Al-Kazemis Government Is Working To Raise The World Banks Reserves Of Iraqs OilInformation / special

A member of the Al-Fateh Alliance, Ali Hussein, confirmed, on Wednesday, that the outgoing and expired government of Mustafa Al-Kazemi is working to increase the World Bank’s stockpile only from oil revenues of more than 8 billion dollars per month.

Hussein told the “Information” agency, “What is happening in Iraq is the opposite of all the data and cases of economic recovery. During this period, especially, the country has more than 31 percent below the poverty line, and this is a big problem,” noting that “there is unorganized and non-political work due to planning.” Clinically dead or finished, we do not have any planning in any economic field.”

He added, “The current government should take advantage of the period of economic recovery through the rise in global oil prices to more than 90 dollars per barrel and work, with the first step, to return the price of the dollar to what it was previously,” noting that “Al-Kazemi’s government is working to increase the World Bank’s stocks only.” From oil revenues amounting to more than 8 billion dollars per month.”

Hussein explained, “In all times and international systems, there is an annual plan, five-year plan, and a decimal plan. Either the Iraqi Ministry of Planning has not yet developed the annual plan!”

The Ministry of Oil had said, earlier, that last month’s revenues amounted to more than 8 billion dollars

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