The solution in the white paper .. An economist reveals a recipe for treating the financial crisis in Iraq
The solution in the white paper .. An economist reveals a recipe for treating the financial crisis in Iraq
10/05/2020 15:59:59
{Baghdad: Al Furat News} The economist Basem Jamil Antoine revealed, on Monday, the real solutions to get Iraq out of the financial crisis it is experiencing.
Antoine said in an interview with the Euphrates News Agency that “Al-Kazemi’s talk is real and realistic. The justification is that we had a budget of more than 90% that depended on oil revenues, which were estimated at 90 to 100 billion dollars, and now that the past nine months have not exceeded 30 billion dollars, it must be Among the important and rapid measures for the purpose of advancing the Iraqi economy and reducing dependence on oil rents. ”
He added that “we must find other doors, such as border outlets that may provide us with money with amending the law and the tax system, or the so-called white paper that is on the doors of achievement now and some political blocs are trying to block its issuance.”
He continued, “The white paper is a temporary remedy if it is adhered to and not obstructed by the political forces and parties, as it is the way out for this miserable situation in which we live because it is not possible to rely on oil prices,” noting that “it is an economic reforms through reducing costs and increasing revenues.” And activating the role of the private sector. ”
He indicated that “the economy must be restructured and operate the agricultural, industrial and tourism sectors, and this is the solution to this crisis the country is going through.”
alforatnews.com
