Economist criticizes the apprehensions of the deteriorating

[Stillw8n]

Economist criticizes the apprehensions of the deteriorating economic situation in Iraq

Criticized the economic expert Ahmed Alabreha fears of lower oil prices in the next year and the deterioration of the economic situation in Iraq as a result of that, saying that “these fears are not groundless.”

Alabreha said in a statement singled out by the agency and all of Iraq [where] the day that oil prices are high and these fears are unfounded because the price of oil is now higher than it was in the previous year. “
“It is not expected to drop the price of oil but is expected to rise in oil prices and an increase in exports of oil,” adding that “the situation in Iraq will be better in 2012 than in 2010.”

He Alabreha “These fears are not groundless, and even if oil prices had dropped twenty dollars per barrel, Iraq is better than it was last year,” noting that “Iraq does not suffer financial deficit never,” calling on the government to “good disposition of the resources.”

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