Iraq will be affected by any future global economic crisis

Baghdad (News) … Economist Hussein dispelled concerns star Iraqi economy was affected by the current European economic crisis, adding that Iraq was ready to world oil price fluctuations.

He said the star (News Agency news) on Wednesday: that Iraq take precautions of the probability of being affected by the international economic crisis, particularly after the European budget under barrel b (85), oil prices started falling even stayed between price (100-97 dollars).

He added: that would be affected by Iraq inevitably all potential crises that will hit some of the world if the European economic crisis for several years and the Iraqi economy keeps cash without a radical solutions to diversify its revenue annual by activating the agricultural and industrial sectors

ikhnews.com