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Parliamentary economy calls for economic reform to thwart the beneficiaries of the import plans

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Parliamentary economy calls for economic reform to thwart the beneficiaries of the import plans Empty Parliamentary economy calls for economic reform to thwart the beneficiaries of the import plans

Post  Admin Fri Aug 28, 2015 6:23 am

If I am reading this correctly, they have to get rid of the law that Paul Bremmer put in, so they can finnish with the WTO.    
They can not sell their products with that in place!



History of edits:: 2015/8/28 11:41




[Where BAGHDAD]

It called for economic and investment commission to the parliamentary economic reform beneficiaries to thwart the plans of the import.

Committee Chairman Jawad al-Bolani told all of Iraq [where] "on the state to speed to take measures to reduce the import materials from abroad as well as the commissioning of the private sector manufactured", adding that "We have to cancel Bremer's decision to ban Iraqi exports and to open exports for all different substances government It is possible for Iraq to export abroad the country. "

"It is not logical that Iraq imports everything but presumably it to speed up the establishment of small refineries with a capacity of 10 000 barrels and the capacity of 15 000 barrels and 20 thousand barrels to stimulate the private sector," noting that "without the private sector, the situation will remain stalled and the state is unable to meet their needs, especially in light of the drop in oil prices. "

Bolani said he was "Everyone should support Prime Minister current reforms through a package of important economic reforms for the advancement of the country," stressing that "Iraq is fighting an economic, security, and this is not new and there are people beneficiaries of import.

He noted that "Iraq has to be from the production of materials consumed at the very least."

The world oil prices may have seen in the past three days, a significant decrease was the lowest in six years.

Iraqi state and relies on building the annual financial budget by about 90% on imports of the source of oil, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching its budget in 2015 about $ 100 billion deficit expected up to 25%, prompting the government to put up Treasury bonds worth $ 6 billion and borrowing from the International Monetary Fund about $ 1.2 billion in an attempt to reduce this deficit with the continuing drop in prices.

Included government reforms, the economic aspect activate loans to stimulate the economy in the country, and operation of the unemployed and the completion of payment term program and to address tax evasion and customs tariff applied fairly to all border crossing points, and the territory of outlets including Krdstan


http://www.alliraqnews.com/modules/news/article.php?storyid=13924

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