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Hakim: The concept of the rentier state ended and should not be unilateral adherence to the economy

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tlm724

tlm724
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Hakim: The concept of the rentier state ended and should not be unilateral adherence to the economy

Wed Apr 16 2014 5:17 p.m.


Alsumaria News / Baghdad The president of the Islamic Supreme Council Ammar al-Hakim, Wednesday, that the concept of the rentier state has ended, as he emphasized that he wants to have his own foothold it that does not adhere to the economy unilateral. Hakim said at a ceremony for the coalition of citizen held today, province of Muthanna and attended "Alsumaria News", that "the budgets of Iraq in the coming years should maximizes resources, agricultural, industrial, tourism and investment," adding that "the concept of the rentier state, which depends on oil is over." and added that "it wants to be for his own foothold in the future, he should think of now laws and frameworks that give to his people well-being and not be constrained by the economy unilateral ", stressing that" economic reform and sustainable development require a renaissance in all areas and sectors of the state. " He Hakim that "poverty and unemployment rates among young people in Muthanna longer the highest in Iraq, "adding that" it is shameful and regrettable that said about Muthanna she is poor and it's not possess the resources. " It is noteworthy that the Iraqi budget relies heavily on annual revenue on the export of crude oil and sell it on world markets, while confirming experts and specialists on the need to diversify the sources of income Iraqi.

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Lifes purpose is not to arrive at the grave in a well preserved body, but rather to slide in sideways shouting HOLY CHIT what a ride

tlm724

tlm724
ADMINISTRATOR
ADMINISTRATOR

if a country is heavily dependent on natural resources, particularly for the financing of the government, then this leads it to have a weak state.

In other words, rentier state = weak state





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Lifes purpose is not to arrive at the grave in a well preserved body, but rather to slide in sideways shouting HOLY CHIT what a ride

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