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Al-Bajari: The rise in oil will reduce the budget deficit and revive the Iraqi economy DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Al-Bajari: The rise in oil will reduce the budget deficit and revive the Iraqi economy

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Al-Bajari: The rise in oil will reduce the budget deficit and revive the Iraqi economy Empty Al-Bajari: The rise in oil will reduce the budget deficit and revive the Iraqi economy

Post by RamblerNash Tue Feb 16, 2021 9:40 pm

Al-Bajari: The rise in oil will reduce the budget deficit and revive the Iraqi economy 1024122020-6478
02/16/2021 14:29:18
 
{"Baghdad: Al Furat News} A member of the Oil and Energy Committee, Zahra Al-Bajari, affirmed that the rise in oil prices to more than $ 63 a barrel," is a good indicator for the Iraqi economy.

Al-Bajari said in an interview with the Euphrates News Agency that "the collapse of the economy in the world in general and in Iraq in particular is due to low oil prices, especially that Iraq depends in its economy on oil to a large extent."

She added, "The rise in crude oil prices today is a good indication that imports will increase and there will be a clear economic improvement, and this issue affects bridging the deficit in the budget, especially since the state has a lot of loans and we hope with this increase it will benefit to fill the deficit and loans."

In a related context, Al-Bajari indicated that "the main problem with the Kurdistan region is the amount of oil that the region exports, as well as whether the region is based on delivering the value of oil or delivers it to Sumo and thus the latter exports these are the most important points of contention between the region and Baghdad."

Hussein Hatem

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