It calls for the government to stay away from the oil sector for the growth of Iraq's economy: OPEC will decide the matter

by **Ponee** Wed Sep 09, 2015 10:13 am

Student economist contrary goldsmith, Wednesday, that the government is moving away in the reform procedures for economic dependence on the oil sector for the growth of the economy of Iraq, and show the results in the coming period, stressing the high oil prices during the winter.

He said the goldsmith's / scales News / "The drop in oil prices because of the political crisis, the Syrian and the Iranian nuclear crisis between the United States and Russia, and this led to the attempt to put pressure on the three countries in general and Iraq in particular," stressing that "in a simple calculation, we find that the price bottle of water has become more precious than a barrel of oil. "

And he demanded an economist that "are resorting to alternatives to the growth of Iraq's economy away from oil and reduce production to balance prices with the market requirements and display the demand," adding that "the OPEC move to meet and take critical decisions with respect to the reduction of oil supply in the market and support oil prices towards the rise and away the government's economic reform measures gradually from the oil sector and to be the result of these reforms in the coming period and the dependence of all sectors, especially the launch of loans that are active agricultural, industrial and commercial sectors as well as small and medium enterprises and this is what pushes to activate the market. "

The member of the Committee of Economy and Investment parliamentary Najiba Najib revealed, on Tuesday, close to host representatives of the ministries of trade and finance in order to study the financial budget deficit for next year, while confirming that Iraq will resort to payment for "future" projects next year.
She said Najib's / scales News / "The Finance Committee engaged in intensive meetings to find a quick and necessary solutions to meet the shortfall, which will happen in the budget of 2016, especially after the decline in oil prices is very large," indicating that "the Commission will host representatives from the ministries of trade and finance in order to study next year's budget soon. "

She said the economic and investment commission member of the parliamentary "The Iraqi government will resort to the payment of" futures "on service projects and investment in the country,"

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