Parliamentary Finance Committee described, fiscal policy in Iraq "non-obvious", stressing the need to adopt a strategy in the field of investment.
He said the Commission's decision Ahmed al-Haj, told all of Iraq [where], that "states that care about its citizens, put money in politics service, while in countries that otherwise the money will be in the service of politics and this is what is happening in Iraq."
He added that "fiscal policy in Iraq is not working and it is transparent and inaccurate or flexible, and that as a result of interactions and the absence of quotas and realistic visions."
He noted that "if Iraq had a financial strategy, what has come to what it is now," calling on the prime minister to "take economic strategy in the field of investment."
The Deputy Prime Minister for Economic Affairs Rose Nuri Shaways, noted in 12 of the last February, that "the road is still long to achieve the desired economic reform goals, and there are still significant challenges in front of the Iraqi economy, represented by the continuation of a rentier economy and its dependence on the extraction and export of oil, and low the contribution of the sectors of industry, agriculture, energy and tourism supply domestic product ratio of the total. "
It is said that Iraq is experiencing economic hardship, in light of the decline in oil prices, which reflected negatively on the federal budget for 2015 and led to the deficit by 25%, as called for economists to the need to stimulate the private sector and activating investment and the adoption of local products to increase imports and reduce Alanfaq.anthy 2
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