Expert: Iraqi citizen and consumer waster not invest money in projects that serve the country

Expert: Iraqi citizen and consumer waster not invest money in projects that serve the country

Date: 25/08/2012 14:06:14 Saturday

Baghdad (news) .. Criticized expert economy Bassem Jamil, lifestyle Iraqi citizen, and described it as a consumer and waster not think how investment funds as a result of conditions of deprivation experienced by the the nineties of the last century.
Jameel said (of the Agency news) on Saturday: The Iraqi citizen lived period of deprivation and austerity After the economic blockade international imposed after year (1990) created a state of despair and weakness thinking in all the issues of life, but after changing the former regime in (2003) start liberated and compensates Mavath over the years. continued: that the Iraqi border opened to all countries of the world and became the merchant imported various kinds of commodities and goods without restrictions, as well as the purchasing power of the citizen after (2003) improved a lot and made him consume all the goods imported and sometimes sows his money to buy items not necessary for him, what made the Iraqi citizen is shifting from economic austere to consumer misspent. pointed to: that the volume of trade exchanges to Iraq with neighboring countries very large compared to what it was a year ago (2003) as the volume of trade exchange in the past year more than (50) billion dollars, and most imports, including with Turkey (13) billion dollars and Iran (10) billion dollars and China up to (4) billion dollars, and Syria (3) billion dollars and Jordan and a half billion dollars, as well as there are other countries imported by Iraq of goods and commodities. added: should the Iraqi citizen to have a particular goal in the purchase and invests his money in investment projects serve the country or saved in banks in order to support the national economy and development. / end / 8. d. Q /
Source: ikhnews