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A member of the parliamentary energy: Imports of the previous government went to the spoilers

9/4/2015

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The Commission on oil and energy parliamentary member said that the imports of the previous government went to the spoilers. Awad al-Awadi and between told all of Iraq [where] that "all countries have a cash reserve exploits of heart but previous governments failed regardless whatever comes its way from the sale of oil and high Almoisanat the unreal dues, including what goes into the spoilers, and this led to a lack of cash reserves, indicating that "There must be economic vision to find other natural resources such as gas, and Iraq is weak in this aspect because the infrastructure is weak in spite of Iraq contracted with a company [Shell]. 
He said that" for there must be self-sufficient in agriculture in order to stop the import, and Iraq is capable of sufficiency of wheat in the event of a fact plan to the Ministry of Agriculture, as well as having other issue can not be government direction to it, namely the imposition of taxes on the citizens, but on the industrial and electrical consumer goods that do not fall within the necessary depreciation. 

"The global oil prices experienced in the past three days, a significant decrease was the lowest in six years. 
adopts the Iraqi state in the construction of the annual financial budget by about 90% on imports of the source of oil, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching 2015 budget about $ 100 billion with a deficit expected up to 25%, prompting the government to launch treasury bonds worth $ 6 billion and borrowing from the International Monetary Fund about $ 1.2 billion in an attempt to reduce this deficit with the continuing drop in prices. 
Included government reforms, the economic aspect activate loans to stimulate the economy in the country , and operation of the unemployed and the completion of payment term program and to address tax evasion and customs tariff applied fairly to all border crossing points, and the territory of outlets including Krdstan.anthy 
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