Parliamentary rule out economic bankruptcy of Iraq over the next five years
Parliamentary rule out economic bankruptcy of Iraq over the next five years
Tuesday 27 October 2015 | 18:35
BAGHDAD / .. ruled out of the economic and investment commission in Parliament, on Tuesday, after the bankruptcy of Iraq less than 5 years, according to what was said by the International Monetary Fund.
The committee member said Harith al-Harthy’s “Eye Iraq News” that “This is just speculation not the unseen and the future, only God knows we are heading to rely on investment instead of oil,” explaining that “the vote on the amendment of the Investment Law provides real Estmaria opportunities.”
And between Al-Harthy he said, “There is a great tendency to rely on investment instead of oil in the budgets of the state and the next amendment of the Investment Law aimed at it.”
Iraq, Saudi Arabia, Libya, considered some of the countries of the Middle East that will go bankrupt after less than five years because of falling oil prices, according to what was said by the International Monetary Fund. As some of the other Middle Eastern countries such as Kuwait, Qatar and the United Arab Emirates, she moved away from its dependence on oil to other resources after the price has fallen by half in less than a year. Ended 9
aynaliraqnews.com
