Mahdi al-Alaq confirms the government’s move to economic reform to compensate for the decline in oil revenues


 

14
0

The Secretary-General of the Council of Ministers Mahdi Al-Alak, on Thursday, the government’s move towards economic reform to achieve comprehensive development and the gradual transition to the private sector, pointing to strive to compensate for the decline in oil revenues.
“The participation of the Baghdad Economic Forum comes in support of the government to the private sector,” Al-Alak said during his participation in a workshop for the Baghdad Economic Forum, according to a statement by his media office. “The government was keen to involve the private sector in all economic committees.”
“The government is moving toward economic reform to achieve comprehensive development and a gradual transition to the private sector, and Iraq, having overcome the economic risks coinciding with the war on a daunting, He is going to proceed with the economic reforms he started. ”
He pointed out that “Iraq suffers from many economic problems, for the total dependence on oil revenues, which fell by about 70%.”
He stressed that “the government has been reforming through the issuance of a number of decisions to compensate for the decline in oil revenues and the disposal of some of the problems that affected the economy of the country, and focus on the development of the public and private sectors and improve the quality of national products.”

 

http://en.economiciraq.com/2017/08/03/mahdi-al-alaq-confirms-the-governments-move-to-economic-reform-to-compensate-for-the-decline-in-oil-revenues/

Advertisements

2 thoughts on “Mahdi al-Alaq confirms the government’s move to economic reform to compensate for the decline in oil revenues

  1. Economic reform will be delete the zeros from the notes and go to 1 to 1 with the USD so that means a 25 thousand dinar note will be equal to 25usd.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Mosul Eye

This blog was set up to communicate what's happening in Mosul to the rest of the world, minute by minute by an independent historian inside Mosul.

Matters Of Life And Death

"We're all just walking each other home" ~ Ram Dass

Kamus Istilah

Yang Pernah Mbuat Aku Bingung

Wes Annac Spanish

Hogar para las traducciones al español de jardineras de Wes Annac.

Mid Valley Events

GET UP AND TRAIN.

1001 Iraqi Thoughts

@IraqiThoughts

Sajad Jiyad

Iraq, politics, development

The WordPress.com Blog

The latest news on WordPress.com and the WordPress community.

%d bloggers like this: