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[size=52]Economist for the new government: Do not count on continued high oil prices[/size]
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[size=45]On Friday, economic expert Hussein al-Khaqani confirmed that Iraq's revenues are currently high due to the rise in oil revenues, noting that the new government should not rely on oil prices because they are subject to a decline at any moment.[/size]
[size=45]Al-Khaqani explained: “Oil prices are volatile because they are not completely controlled by the producers, but are under the control of the global market and the issue of supply and demand and political events that occur here and there and affect oil production,” noting that “the new government must work diligently to support And strengthening other non-oil resources so that they would support revenues for the state treasury and not fall into a suffocating economic crisis in the event of a drop in oil prices.”[/size]
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[size=52]Economist for the new government: Do not count on continued high oil prices[/size]
[size=45][You must be registered and logged in to see this image.][/size]
[size=45]On Friday, economic expert Hussein al-Khaqani confirmed that Iraq's revenues are currently high due to the rise in oil revenues, noting that the new government should not rely on oil prices because they are subject to a decline at any moment.[/size]
[size=45]Al-Khaqani explained: “Oil prices are volatile because they are not completely controlled by the producers, but are under the control of the global market and the issue of supply and demand and political events that occur here and there and affect oil production,” noting that “the new government must work diligently to support And strengthening other non-oil resources so that they would support revenues for the state treasury and not fall into a suffocating economic crisis in the event of a drop in oil prices.”[/size]
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