Iraqi PM: Government to Fix Iraqi Economy from Sole Dependence On Oil

Iraqi Prime Minister Mohammed Shia’ Al Sudani emphasized the government’s determination to fix the Iraqi economy from reliance on oil and control fluctuations in oil prices in global markets.

During a meeting on Saturday to discuss the provisions of the federal budget bill submitted to the Parliament, Al Sudani emphasized the government’s determination to fix the Iraqi economy from reliance on oil and control fluctuations in oil prices in global markets, by revitalizing the agricultural, industrial and public service sectors, Iraqi news agency (INA) reported citing a statement by the Iraqi government.

The Iraqi Prime Minister highlighted the government’s plans for enhancing development and advancing the economy, implementing financial reforms and their positive results for the domestic economy and creating job opportunities as well as revitalizing the private sector.

Discussions during the meeting focused on the provisions of the federal budget bill submitted to the Parliament, the points of strength and support in its paragraphs. They highlighted the importance of drafting a budget bill that, for the first time, funding projects extending over a period of three years, which will be reflected in the ease and speed of implementing infrastructure projects and basic public services.

Source: Qatar News Agency