November 8, 2015 0
The Deputy Chairman of the Committee of Economy and Investment parliamentary Harith al-Harthy, Sunday, for starting the revitalization of the private sector and make religious tourism of the main tributaries to revitalize Iraq's economy, among the austerity which resorted to by the government would be contributing factors to stimulate the economy in the absence of control of the lower oil price is sudden.
He said Al-Harthy said in a statement seen by the agency of our economy news that "the decline in the price of oil will impact heavily on the budget and economic life in Iraq," revealing that "the Commission has sought to stimulate the private sector, where there will be a help of oil revenues and export price by making religious tourism of the main tributaries entering good financial inputs for the country is equivalent to an annual value of oil imports in addition to the promotion of small and medium enterprises to support internal movement of the Iraqi economy mainly. "
"When recovering domestic economy and returning industries and are protected by the state, there will be provision for amounts extra as well," stressing that "austerity resorted to by the government would be contributing factors to stimulate the economy in the absence of control over the oil price decline abruptly.
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