Parliamentary investment develop alternative plans to revive the Iraqi economy

Since 12.28.2015 at 11:29 (GMT Baghdad)

Special - scales News

It revealed to the parliamentary Committee of Economy, Monday, all put alternative plans in the event of continued low oil prices, and through the re-activation of the pieces of national economic activities, and the call to activate foreign investment in Iraq.

Said committee member Mohammed Abbas's / scales News /, that "the decline in global oil price crisis is clearly affecting the Iraq given the key to adopt it, we have developed alternative plans to revitalize the national economy and to call for foreign investment in Iraq."

Abbas said, "The committee asked the ministries to develop a plan and schedule each of them, such as agriculture, industry and minerals being the foundation in the promotion of economic reality," noting that "the Commission has received limited response after these claims, because the national interest must be submitted through the activation of the important pieces inside Iraq's economic buildings to compensate for the severe shortage of agricultural and industrial point of view, and rely on the local product, but all that needs to governmental decisions there to be an integrated plan can be achieved. "

It is said that the Iraqi economy suffers from a large deficit for being dependent on oil as the only source in the provision of funds and bridging the needs and obligations of Asimha Albertol.anthy prices drop after 29/38

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