
13/08/2011
Expectations of the impact of the crisis on U.S. consumer spending cuts by the Iraqi government
Calls for diversification and hedging of global crises
بغداد-حيدر فليح الربيعي BAGHDAD - Haider al-Rubaie Flaih
Most economists see the importance that Iraq could move towards activating the productive sectors other than oil, as they assert that they are at the same time point to the significant economic risks that could arise as a result keep the rentier economy, which depends mainly on oil imports in Moisnath financial support, the Economists urged the need for Iraq to take advantage of tens of thousands of unused land and arable, revealing that this sector of the utmost importance and role in reviving the very fact of development in Iraq as well as its ability to reduce dependence on oil revenues,
The attention of the experts what can be vested with the U.S. financial crisis and its impact on the Iraqi economy, especially as oil prices began plummeting in world markets, which could seriously affect the financial budget for Iraq and works to block the implementation of dozens of development projects that have been developed within the shop drawings for the years next ..
Economic expert Adnan al-Obeidi called on the government to speed up the approval of a package of laws that work to revive aspects of other productivity that reduce dependence on oil as a single in support of the public budgets of the country, saying that this dependence is associated with the habit of vibrations of the global economic that could cast a shadow on the local economy due to falling oil prices globally, stressing the two sides of industrial and agricultural as the two sides of the rules allow them to production well, and al-Obeidi said in his speech told the (morning): Iraq has the agricultural land is fertile and water is not good being able to occupy outposts among agricultural produced in the region, but the Allanth Economic and dumping the commodity for local markets contributed significantly to the decline in agricultural production in the country as a result of low prices of imported materials and high production costs, which have become not match the nature of what can be sold in local markets due to low prices of imported ..
With the view of economists that the economic crisis the American and European could have a negative impact on the GCC economies, Dr. and economic expert Jamil al-Dabbagh said in his speech told the (morning) that the phenomenon of global recession that could benefit from importing countries, indicating that the global economy is a set of rings that can be affect the low international prices and thus benefit the most importing countries, including Iraq ..
He said al-Dabbagh said the Iraqi economy isolated from global market in financial terms, is that oil prices could significantly affect its economy because it is a source country and everyone is also aware of and support this article up to 97 percent in support of its imports and the implementation of urban projects and strategic ..
Shows that the problems occurring in the international financial market, which is reflected on world oil markets will more or less on the Iraqi economy, both in reality and industrial or agricultural or services, Al-Dabbagh said the input of industry and agriculture in Iraq did not pose little or nothing to actually productive because they are still in the case of semi-recession, with a slight difference for the reality of telecommunications services, particularly in the circulation that rely on foreign companies the cash ..
Dabbagh said also: that Iraq is currently worried about a lot of the deterioration of oil prices, which can directly affect the spending the government's internal, in other words that the consumer, not the product is will be affected by trauma, low oil prices caused by the deterioration of the actual value of the U.S. dollar ..
Dabbagh and hinted that Iraqi economy will not be much affected by the state of recession as it can benefit a little bit of them, illustrated that Iraq is still going on according to the closed economy, particularly in the monetary policy of the Central Bank, which is still close to the contractionary monetary policy ..
Dabbagh stressed the importance of Iraq to absorb the vibrations caused by economic fluctuations in oil prices due to an economic tremors in the world's major countries, and work diligently to diversify its resources and multiple output ports, and not to keep what comes from imports through the sale of oil ..
http://translate.google.com/translate?hl=en&sl=ar&u=http://www.alsabaah.com/&sa=X&oi=translate&resnum=1&ct=result&prev=/search%3Fq%3Dwww.alsabaah.com%26hl%3Den%26client%3Dmozilla%26rls%3Dorg.mozilla:en-US:unofficial
Expectations of the impact of the crisis on U.S. consumer spending cuts by the Iraqi government
Calls for diversification and hedging of global crises
بغداد-حيدر فليح الربيعي BAGHDAD - Haider al-Rubaie Flaih
Most economists see the importance that Iraq could move towards activating the productive sectors other than oil, as they assert that they are at the same time point to the significant economic risks that could arise as a result keep the rentier economy, which depends mainly on oil imports in Moisnath financial support, the Economists urged the need for Iraq to take advantage of tens of thousands of unused land and arable, revealing that this sector of the utmost importance and role in reviving the very fact of development in Iraq as well as its ability to reduce dependence on oil revenues,
The attention of the experts what can be vested with the U.S. financial crisis and its impact on the Iraqi economy, especially as oil prices began plummeting in world markets, which could seriously affect the financial budget for Iraq and works to block the implementation of dozens of development projects that have been developed within the shop drawings for the years next ..
Economic expert Adnan al-Obeidi called on the government to speed up the approval of a package of laws that work to revive aspects of other productivity that reduce dependence on oil as a single in support of the public budgets of the country, saying that this dependence is associated with the habit of vibrations of the global economic that could cast a shadow on the local economy due to falling oil prices globally, stressing the two sides of industrial and agricultural as the two sides of the rules allow them to production well, and al-Obeidi said in his speech told the (morning): Iraq has the agricultural land is fertile and water is not good being able to occupy outposts among agricultural produced in the region, but the Allanth Economic and dumping the commodity for local markets contributed significantly to the decline in agricultural production in the country as a result of low prices of imported materials and high production costs, which have become not match the nature of what can be sold in local markets due to low prices of imported ..
With the view of economists that the economic crisis the American and European could have a negative impact on the GCC economies, Dr. and economic expert Jamil al-Dabbagh said in his speech told the (morning) that the phenomenon of global recession that could benefit from importing countries, indicating that the global economy is a set of rings that can be affect the low international prices and thus benefit the most importing countries, including Iraq ..
He said al-Dabbagh said the Iraqi economy isolated from global market in financial terms, is that oil prices could significantly affect its economy because it is a source country and everyone is also aware of and support this article up to 97 percent in support of its imports and the implementation of urban projects and strategic ..
Shows that the problems occurring in the international financial market, which is reflected on world oil markets will more or less on the Iraqi economy, both in reality and industrial or agricultural or services, Al-Dabbagh said the input of industry and agriculture in Iraq did not pose little or nothing to actually productive because they are still in the case of semi-recession, with a slight difference for the reality of telecommunications services, particularly in the circulation that rely on foreign companies the cash ..
Dabbagh said also: that Iraq is currently worried about a lot of the deterioration of oil prices, which can directly affect the spending the government's internal, in other words that the consumer, not the product is will be affected by trauma, low oil prices caused by the deterioration of the actual value of the U.S. dollar ..
Dabbagh and hinted that Iraqi economy will not be much affected by the state of recession as it can benefit a little bit of them, illustrated that Iraq is still going on according to the closed economy, particularly in the monetary policy of the Central Bank, which is still close to the contractionary monetary policy ..
Dabbagh stressed the importance of Iraq to absorb the vibrations caused by economic fluctuations in oil prices due to an economic tremors in the world's major countries, and work diligently to diversify its resources and multiple output ports, and not to keep what comes from imports through the sale of oil ..
http://translate.google.com/translate?hl=en&sl=ar&u=http://www.alsabaah.com/&sa=X&oi=translate&resnum=1&ct=result&prev=/search%3Fq%3Dwww.alsabaah.com%26hl%3Den%26client%3Dmozilla%26rls%3Dorg.mozilla:en-US:unofficial