Parliamentary Finance: Mali, a sovereign investment fund is the solution to Iraq crisis

Economy News / special parliamentary finance committee stressed that the establishment of a sovereign fund a financial and investment is the solution of financial and economic crisis at the moment. Said committee member Jabbar Abdul Khaliq in an interview for "Economy News", said the financial crisis experienced by Iraq today stopped caused many of the projects as well as foot-dragging work in tourism, agriculture and industry sectors, so the existence of a sovereign fund become necessary. He said Abdul Khaliq that the formation of a fund and an Investment sovereign Iraq will depend upon the future and be in line for any crisis that faces Iraq as it will be funded by the state and legally protected. He pointed Abdul Khaliq said the fund will be financed by oil imports, in addition to deposits is possible that citizens or investors involving the implementation of small and giant projects and Dmant Fund. A.J



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