Special direction Press /
MP for the Bloc 'Abdul Karim al-Naqib said of the first government set up a sovereign fund reservation by all financial surpluses from previous budgets.
Said Capt in an interview with "direction Press" that the current financial crisis caused by the fall in world oil prices can not be dealt with only by measures of austerity, pointing to the need to reduce costs to the maximum extent possible, and to increase non-oil revenue that could clog the part of the the gap in the budget.
He stressed the captain on the necessity of activating the private sector to take its role in the promotion of the national industry areas of industry and Alzraahn as well as establishing new controls at auction dollar Iraq's central bank and a review of the exchange rate against the Iraqi dinar, in addition to the conversion of some institutions and make it self-financing, such as the Municipality of Baghdad, municipalities and endowments.
He added that these measures need to be bold and resolute steps and the cooperation of everyone, pointing out that the responsibility that should not be located on the government only, but must be involved citizen and administrator alike, stressing that this crisis intensify with the challenges facing the country, which is facing a war terrorist need a lot of money to go to war spending.
It is said that economists revealed that the crisis cell set up by the Prime Minister Haider al-Abadi on the economic problems of the country did not give any significant results, stressing the necessity of activating the sectors of agriculture, industry and non-oil find alternatives to bridge the budget deficit. [You must be registered and logged in to see this link.]