Zebari: Iraq does not grumbling of political fragility, a country rich in natural resources
Zebari: Iraq does not grumbling of political fragility, a country rich in natural resources
2015/10/9 10:08
{Baghdad: Euphrates News} chaired by Finance Minister Hoshyar Zebari yesterday the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank which will be held in Lima, Peru for the period 9-11 2015.
According to a statement the Ministry of Finance agency {Euphrates News} received a copy of it on the minister participated in a symposium organized by the World Bank on the sidelines of the annual meeting of the Fund and the World Bank about the vulnerability in middle-income countries, said the minister in his speech as a keynote speaker at the seminar mentioned the challenges facing Iraq in this aspect.
He said that “Iraq does not face such a problem in all regions of Iraq, but in some places that have been affected Bharb on terror and the occupation entity Daash terrorist to those lands.”
On the other hand said the Minister of Finance that “Iraq, a country rich in natural resources and in Private oil wealth, but the drop in oil prices in the global market and the threat of terrorism Daash may impact on Iraq’s ability to finance its budget, which form a deficit which, this side of the fragility faced by Iraq at this stage, to its dependence on a single supplier, which requires the diversification of its resources and this Matsay to him the government in order to maximize resources and stimulate the economy, and reforms of administrative, economic and anti-corruption.
“The government has recently proceeded to a series of reform measures and a commitment to international transparency standards in providing and disseminating 2016 budget, on schedule and in Iraq is not grumbling from the political fragility because he has a constitution and institutions viable and continue to complain of fragility in the economy rentier structure and which needs to be fundamental changes.
“This gave panel discussion World Bank Vice President for Operations Kyle Peter and which was attended by large economies advisers and official bank for the Near East and North Africa in addition to the participation of the Minister participated Finance Minister of Jordan and representatives from the community Civil from Tunisia, Libya, Palestine and Lebanon in the symposium Atah.anthy
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