An economist for / NINA /: The high oil prices must be exploited by approving a supplementary budget for the current year

Monday 10, May 2021 09:27
 
Baghdad / NINA / Economic expert, Raad Twaij, stressed the need to approve a hypothetical supplementary budget for the current year after the rise in global oil prices.

Twig said in a statement to the Iraqi National News Agency ( NINA ) that: With the increase in oil prices to 69 dollars and the increase in revenues to 6 billion dollars this month and the possibility of a large cash surplus, a hypothetical supplementary budget must be decided and made of a productive developmental nature that increases business activity in the country. Iraqi society. ”

He pointed out,“ the need to empower the Iraqi woman, as it is more than half of the society, by preparing a plan to transform the Iraqi woman into a productive woman through industry and sewing on a large scale, and that this plan should be within the supplementary budget in order to replace her from imports of clothes that take more than 10 billion dollars. Dollars a year. "

Twig continued, "We must take advantage of the high oil prices, which rise to $ 70, in a supplementary budget to employ 20 million Iraqis. "/ End 8

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