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Parliamentary Finance: Re-opening of the international road will contribute to bridging the federal budget deficit
The head of the Parliamentary Finance Committee MP Mohammed Halbusi, on Friday, the government approving the investment protection and secure the international road link between Iraq and Jordan as soon as possible and hold to activate the experience of international road in the province of Basra as well.
He said Halbusi in Bayat received "Economy News," This investment project economically viable quality projects long-term and that it will provide thousands of job opportunities for citizens and drivers as well as to revive the economy and stabilize the areas surrounding the international road and will promote economic exchanges between the two countries.
The MP stressed that the opening of the international Halbusi road "will double to strengthen and diversify the resources of the Iraqi economy."
He also pointed out that "would increase federal revenue so as to contribute to bridging the overall budget deficit."
He also said that "from another door will contribute to increasing the local Anbar government revenues and help to restore infrastructure to the international road reconstruction, in addition to supporting reconstruction projects and the stability of the province."
The chairman of the Parliamentary Finance Committee that "the opening of the international road will restore the rehabilitation of a climate favorable environment for the development of investment and attract investors to revive the economic and industrial important sectors as a basis for building a diversified sources of national economy rather than rentier economy unilateral oil depends as the sole source of revenue, and avoid what we experienced previously from the financial crisis due to lower oil prices. "
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The head of the Parliamentary Finance Committee MP Mohammed Halbusi, on Friday, the government approving the investment protection and secure the international road link between Iraq and Jordan as soon as possible and hold to activate the experience of international road in the province of Basra as well.
He said Halbusi in Bayat received "Economy News," This investment project economically viable quality projects long-term and that it will provide thousands of job opportunities for citizens and drivers as well as to revive the economy and stabilize the areas surrounding the international road and will promote economic exchanges between the two countries.
The MP stressed that the opening of the international Halbusi road "will double to strengthen and diversify the resources of the Iraqi economy."
He also pointed out that "would increase federal revenue so as to contribute to bridging the overall budget deficit."
He also said that "from another door will contribute to increasing the local Anbar government revenues and help to restore infrastructure to the international road reconstruction, in addition to supporting reconstruction projects and the stability of the province."
The chairman of the Parliamentary Finance Committee that "the opening of the international road will restore the rehabilitation of a climate favorable environment for the development of investment and attract investors to revive the economic and industrial important sectors as a basis for building a diversified sources of national economy rather than rentier economy unilateral oil depends as the sole source of revenue, and avoid what we experienced previously from the financial crisis due to lower oil prices. "
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