Warned Oil Minister Adel Abdul-Mahdi, the economic reality of the decline on the policy because of the expense of some preoccupation of politicians in the narrow partisan interests caused the socio-economic, political and security problems.
Said Abdul-Mahdi, on Monday, in a statement received by all of Iraq [where], a copy of the "Iraq had reached its oil production in the seventies to nearly 3.0 million barrels per day, while the decline today for less than this figure."
He added that "our need for motivation and incentives to jump-start progress, it has ended up fear and repression and terror that was before the 2003 time."
He said Abdul-Mahdi, said, "We learned the lesson does not offer the factors that destroyed the renaissance and progress."
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% .anthy
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