PM’s advisor presents a proposal to oil price fluctuations

Economy
  • 17-01-2022, 16:55
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    Baghdad-INA 

    Adviser to the Prime Minister, Mudhar Muhammad Salih, announced a mechanism to invest in the rising oil prices, while presenting a proposal to confront price fluctuations. 

     

    Salih told the Iraqi News Agency (INA): "The hypothesis of a rise in oil prices to annual rates of approximately $125 a barrel and over multiple years, requires opening the budget to employment-generating and income-generating projects, whether from the state's investment budget or supporting private investment and productive activities with soft loans from budget revenues. 

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