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It does not remain “just attractive”... Iraq wants to invest its money “in projects abroad”
economy 2024-12-02 | 04:53
1,199 views
Alsumaria News-Economy
Today, Monday, a member of the Iraqi Parliament, Representative Ibtisam Al-Hilali, revealed
Iraqi plans to activate foreign investments, meaning that
Iraq will invest its surplus funds in projects abroad. Al-Hilali said in an interview with Al-Sumaria News,
“Thanks to the good diplomatic relations established by the Sudanese government of Muhammad Shiaa with neighboring countries and the world,
economic relations have also improved,” noting that
“there are large internal and external investments.” She explained that
"internal investments serve the country by improving the environmental situation and infrastructure," indicating that
"foreign investments have a financial and economic return for Iraq." She confirmed that
"we had a meeting with the French embassy to activate foreign investments," indicating that
"Iraq is a financially capable country that can invest its money in foreign investments to benefit the public benefit of Iraq and neighboring countries."
Questions have often been raised about the reason for Iraq investing its money in various sectors, including foreign sports sectors as well as technology, like other countries, which could lead to diverse financial returns with the lack of non-oil revenues in Iraq compared to oil revenues.
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economy 2024-12-02 | 04:53
1,199 views
Alsumaria News-Economy
Today, Monday, a member of the Iraqi Parliament, Representative Ibtisam Al-Hilali, revealed
Iraqi plans to activate foreign investments, meaning that
Iraq will invest its surplus funds in projects abroad. Al-Hilali said in an interview with Al-Sumaria News,
“Thanks to the good diplomatic relations established by the Sudanese government of Muhammad Shiaa with neighboring countries and the world,
economic relations have also improved,” noting that
“there are large internal and external investments.” She explained that
"internal investments serve the country by improving the environmental situation and infrastructure," indicating that
"foreign investments have a financial and economic return for Iraq." She confirmed that
"we had a meeting with the French embassy to activate foreign investments," indicating that
"Iraq is a financially capable country that can invest its money in foreign investments to benefit the public benefit of Iraq and neighboring countries."
Questions have often been raised about the reason for Iraq investing its money in various sectors, including foreign sports sectors as well as technology, like other countries, which could lead to diverse financial returns with the lack of non-oil revenues in Iraq compared to oil revenues.
[You must be registered and logged in to see this link.]
