********* The government plans to reconsider monetary policy to cope with the crisis

01/26/2016



BAGHDAD / JD / .. the parliamentary finance committee revealed the intention of Parliament to discuss its proposal by the Government to reconsider monetary policy in Iraq to counter the financial crisis.

The decision of the Committee MP Ahmad Haji told / KD / The committee has prepared a set of proposals to address the threats to the country, including the financial crisis the government to reconsider the monetary policy of the country, noting that the House of Representatives after the end of the parliaments of the Islamic countries conference will discuss this proposal for submission to the Government.



He added that the Finance Committee and some of the relevant committees in the House of Representatives will hold a meeting with the officials in the government, especially Prime Minister and Minister of Finance, Planning and economic advisers and experts to discuss a number of proposals to address the financial crisis.

Iraq has suffered from a major financial crisis because of falling oil prices to its lowest level since the Iraqi federal budget by 93% dependent on oil revenues, the Iraqi economy will inevitably be affected by oil prices. / End / 8 /

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