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Natural resources the next option for multiple revenue

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Natural resources the next option for multiple revenue

08/8/2016 12:00 am
Baghdad-Mostafa Hashemi


Financial conditions experienced by Iraq, to diversify the economy of natural resources represents a convenient option at this stage being needed to maximize the financial resources of the non-oil revenues through the development of the minerals economy being many diverse minerals need a plan to exploit it properly, especially within the uses and pharmaceutical industries and Agriculture and other economic areas.

She invited any researcher in an interview for "morning" concerned to strive to learn proven reserves of various raw materials owned by the country of employment to the country's economic development.

And demonstrated the importance of reaching the numbers that represent the amount of real reserves all minerals in the country, which is necessary to take a role in the economy, especially as it contributes to the diversification of revenue to balance the country.

"Experts believe that diversifying the economy of natural resources represents a convenient option at this point and in the long term so that they assure the need for optimal use attracts investors and maximize returns, as in major natural resources adopted countries economy and achieved a viable economy."

She noted the need to develop a strategy designed to exploit ore licenses tours especially after stability in areas previously under the control of "ISIS" terrorist where these minerals to achieve economic benefits of recycling and purification for conversion to supplementary materials within a number of diverse industries.

Former oil Minister Ibrahim Bahr Al-Ulum has called in earlier statement (morning) to invest the minerals and other natural resources in the rest of Iraq.

He stressed that Iraq needs today is to have a purposeful movement to invest minerals in Iraq being the responsibility of the Ministry of industry in terms of management of phosphate and sulfur, pointing out that the country has plenty of minerals that give quality to other resources and extras need mineral investment and must be initiated by the Ministry of industry with other government entities.

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