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Parliamentary Economy: 350 million tons of Iraq’s sulfur reserves
The first 12/17/2023
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Baghdad: Rula Wathiq
The Committee on Economy, Industry and Trade in the House of Representatives revealed that Iraq possesses a strategic reserve of sulfur estimated at 350 million tons.
He said Committee rapporteur Yasser Al-Husseini told “Al-Sabah”: Iraq has a strategic reserve of raw materials that are not available in other countries, such as sulfur, phosphate and silica, and it is almost the first to have them, noting that these minerals can be used to be the country’s second resource after oil, by investing in them in a real way with Discreet and specialized companies in this regard.
He pointed out that government resources must be in purely national hands, and therefore the existing contracts in the Ministry of Industry and the Border Ports Authority must be reviewed, which is an important resource for the country, indicating that the investment projects were It limits the state's resources and does not develop them in a real way.
Al-Husseini stressed that the government must pay attention to the issue of migration from the countryside to the city and pay attention to the agricultural sector by benefiting from every drop of water from the time it enters Iraq until it reaches the roots, warning against The occurrence of a demographic change will cost the government more than the amounts it currently provides to care for the situation of villages and rural areas, explaining that supporting agriculture will cast a shadow on the stability of the local market and reduce imports in hard currency from countries, in addition to reducing unemployment.
Edited by: Athraa Juma
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