Parliamentary economy propose solutions to counter the drop in oil prices

by **Ponee** Wed Aug 26, 2015 8:36 am

Iraq's adoption of the budget on the sale of oil, as well as approval at a price of $ 56 a barrel and the expectation Bankhvadh to below $ 25 per barrel requires quick action and solutions to cope with the crisis

Qurtas News / Baghdad

Proposed for the economic and investment commission in Parliament, on Wednesday, a quick solutions to cope with the drop in oil prices, which warned him to oil centers and economic specialist.

Deputy Chairman of the Committee Harith al-Harthy, told the "Qurtas News" that "the adoption of Iraq's budget on the sale of oil, as well as approval at a price of $ 56 a barrel and the expectation Bankhvadh to below $ 25 per barrel requires measures and quick fixes to cope with the crisis."

He said Al-Harthy said "Among the quick solutions to be implementation at the present time is the pressure of expenses and management of tax collection law and reconsider system of taxes and determined according to the price set by law accompanied by work on a facility in the field of investment and to create the right investment climate in terms of providing comprehensive services to investors in accordance with the law investment being works to promote economic growth and diversify sources of income. "

http://goo.gl/n5QFCT

by **Ponee** Wed Aug 26, 2015 9:37 pm

Parliamentary economy propose solutions to counter the drop in oil prices

Al Harthy added that "internal and foreign investment is a positive indicator being a factor of emancipation of the economy of the rentier and Detective economic integration through follow-up and analysis of many of the developing world and the developed economies of the experiences and take advantage of the positive on the economy, especially in the field of energy, housing and tourism impact factors of the fact that the country desperately in need in Nowadays".

He suggested Harthy government went to "the possibility to take advantage of financial liquidity for banks in this area in accordance with the financing basis as in most of the investment the state through the enactment of labor to attract capital and get rid of the clause restrictions and legislation crippling him and make way for foreign capital to benefit from capacity building and transfer of technology laws developed and directed towards activities needed by the country.

Parliamentary economy propose solutions to counter the drop in oil prices

Parliamentary economy propose solutions to counter the drop in oil prices

Re: Parliamentary economy propose solutions to counter the drop in oil prices