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Abdul Hassan Al-Shammari to / NINA /: Iraq’s financial potential is very high, which does not require the transfer of funds from the rights of the governorates

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Abdul Hassan Al-Shammari to / NINA /: Iraq’s financial potential is very high, which does not require the transfer of funds from the rights of the governorates

Wednesday 10 August 2022 21:45 | Economic Number of readings: 885

Baghdad / NINA / -
The economic expert, Abdul Hassan Al-Shammari, confirmed:

"The financial potential of Iraq is very high, which does not require the transfer of funds from the rights of the provinces."  In a statement to the National Iraqi News Agency ( NINA ), he said:

"The Iraqi state does not have a clear and comprehensive vision of how to distribute wealth."  Al-Shammari added:

“The transfer of petro-dollars, outlets, and service projects from one side to another is meaningless,

as Iraq has a very high financial possibility of rising oil prices, and

therefore an amount must be allocated to any tournament or activity, whatever the budget or 1 over 12.”  He stressed:

"Petrodollar funds are a right of the governorates, and

it is desirable to compensate them for oil exploration and projects to establish service projects, infrastructure, reconstruction, building a huge economic edifice and providing opportunities for the unemployed.

This is one of their rights over the state."
/ End 3

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