The economic expert, Abdul Hassan Al-Shammari, confirmed: The continuity of reliance on one revenue and the lack of diversification will lead to the end of the multi-economy.
He told the National Iraqi News Agency / NINA /: The country has been witnessing, for a while, investment in one line, which is housing, indicating that despite the need for that, it is not possible to continue to grant housing investment licenses and leave other sectors.
Al-Shammari added: The country needs to invest in the establishment of hundreds of factories, some are halted for long time, to diversify revenues.
He stressed the need to grant soft investment licenses in accordance with the law to rehabilitate factories and laboratories and employ thousands of graduates and other manpower, which will supply the budget with new revenues that reduce dependence on a single revenue
Source: National Iraqi News Agency