5/27/2020 16:41
[Baghdad-Ain]
The head of the National Wisdom Stream, Mr. Ammar Al-Hakim, discussed with Minister of Finance Ali Abdul-Amir Allawi the diversification of income sources and reclassification of exchange.
Mr. Hakim said in a statement received [where] a copy of it, "We discussed during our reception the Minister of Finance the financial and economic reality and the treatments required to face the financial crisis suffered by Iraq."
Al-Hakim stressed that "Iraq is a rich country that possesses a lot of capabilities that need to be activated and good management, as it needs real remedies to end the phenomenon of a single source economy, and that this crisis in one of its aspects is an opportunity to get rid of the rentier state and diversify the sources of income by paying attention to agriculture, industry and tourism. And the rest of the sources, "stressing" the necessity that the remedies of the financial crisis be far from pressuring the owners of limited incomes and reclassifying the exchange in a way that is appropriate to the current stage.
He called for "approving the budget law in accordance with the verified resources so that the current year will not be without a budget, which makes it difficult to obtain the final accounts of the state and work on organizing the program budget," noting "the importance of upgrading the investment environment and reviewing the laws so that Iraq is an attractive environment for investment in all its dimensions."
alliraqnews.com
