Central Bank Director of Information reveal the solution to Iraq would emerge from its current crisis

Economy 12/09/2016 17:17

Media Director of the CBI stressed that the government knows a lot about the sectors that could revive the Iraqi economy is evidence that when the price of the dinar dropped against a barrel of oil stumbled Iraqi economy, as well Another problem is the volume of imports in Iraq before domestic product for the bank gave the strategy of the government but Iraqi security conditions hindrance either achieve it.

Media director of the Central Bank of Iraq Acer Jabbar said in a statement, said (NOAA) that the government knows a lot about the sectors that could pick up the Iraqi economy evidence that when the price of the dinar dropped against a barrel of oil stumbled Iraqi economy, because Iraq relied on oil by 96%, either today the government has started albeit belatedly moving to other agricultural and other sectors.

And also he said that there is a big problem facing the Iraqi economy, which is a very large import and import can not be compared with the domestic product for the government to turn to the local product step by step and then prevent the import.

He said that the Governor of the Central Bank of Iraq nearly a year ago gave Astartjah a long-term period of five years for the Iraqi government that reliance on the private sector and not to rely on the oil sector, but the conditions experienced omitted Iraq are compelling circumstances and in particular the security conditions and the fight against al Aldaash.

http://www.radionawa.com/arabic/view.aspx?n_=67479&m_=25