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Al-Kazemi's advisor reviews the government's measures to confront inflation
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Economy News - Baghdad
Adviser to the Prime Minister for Economic Affairs, Mazhar Muhammad Salih, said on Monday that the state has kept the prices of its services fixed to face inflation in all its forms.
Saleh said in a statement to the official newspaper, that "the global inflation crisis has greatly affected Iraq, as it imports the ration card items, which represent basic commodities for the citizen by 90 percent," noting that "the rise in prices globally negatively affected the country."
He added, "The poor classes depend on the ration card items equivalent to 80 percent of their income, which the government is forced to provide despite the great financial burden to avoid nutrition problems and the increasing area of poverty and famine."
And Saleh added, "The government also provides financial support for agricultural production supplies of fertilizers and seeds, as well as materials for the production of eggs and chickens, of which Iraq imports 70 percent of them from abroad," noting that "it has taken another measure represented in zeroing the cost of taxes from duties and customs on goods." For a period of six months, renewed every three months, which contributes to absorbing a large part of inflation and price hikes.
He continued, "The energy crisis is no less dangerous than the food crisis, for without government support for oil derivatives, especially gasoline, a large part of which is imported daily despite the high prices globally, great problems would have occurred," stressing that "the state kept the prices of its services fixed to face inflation. in all its forms.”
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Economy News - Baghdad
Adviser to the Prime Minister for Economic Affairs, Mazhar Muhammad Salih, said on Monday that the state has kept the prices of its services fixed to face inflation in all its forms.
Saleh said in a statement to the official newspaper, that "the global inflation crisis has greatly affected Iraq, as it imports the ration card items, which represent basic commodities for the citizen by 90 percent," noting that "the rise in prices globally negatively affected the country."
He added, "The poor classes depend on the ration card items equivalent to 80 percent of their income, which the government is forced to provide despite the great financial burden to avoid nutrition problems and the increasing area of poverty and famine."
And Saleh added, "The government also provides financial support for agricultural production supplies of fertilizers and seeds, as well as materials for the production of eggs and chickens, of which Iraq imports 70 percent of them from abroad," noting that "it has taken another measure represented in zeroing the cost of taxes from duties and customs on goods." For a period of six months, renewed every three months, which contributes to absorbing a large part of inflation and price hikes.
He continued, "The energy crisis is no less dangerous than the food crisis, for without government support for oil derivatives, especially gasoline, a large part of which is imported daily despite the high prices globally, great problems would have occurred," stressing that "the state kept the prices of its services fixed to face inflation. in all its forms.”
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