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Alaq confirms the government's move to economic reform to compensate for the decline in oil revenues

rocky
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Alaq confirms the government's move to economic reform to compensate for the decline in oil revenues Empty Alaq confirms the government's move to economic reform to compensate for the decline in oil revenues

Post by rocky on Thu 03 Aug 2017, 7:04 am

Alaq confirms the government's move to economic reform to compensate for the decline in oil revenues

economy Since 2017-08-03 at 13:14 (Baghdad time)

Baghdad Mawazine News
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 to support the government to the private sector," he said, adding that "the government has been 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 to eliminate some of the problems that affected the country's economy, and focus on the development of the public and private sectors and improve the quality of national products."

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