Economic warnings of an increase in the number of employees .. High oil prices will not last
Information / Baghdad...
Economist Dr. Nasser al-Kinani warned of increasing the number of employees through the launch of jobs,
pointing out the importance of moving towards the private sector to absorb the number of unemployed and graduates.
"Despite the large financial abundance, Iraq will not be a permanent supporter of the country's budget,
especially since the current circumstances will not continue to be the case, as
the financial balance reached by Iraq came as a result of the Russian-Ukrainian war,"al-Kinani told Al-Malouma.
"The settlement of the situation and the end of this war will return oil prices to their previous status,
which may harm Iraq, especially if the current oil prices are relied on to launch job grades," he added. He pointed out that
"the world has a trend towards alternative energy, which is not in the interest of Iraq, which depends on oil sales, and
therefore that increasing the number of employees and increasing their salaries will make the country in trouble in the long term, as
the budget will be burdensome, which necessitates turning to the private sector to absorb the number of unemployed. Ended 25N