Economic Adviser: Private Sector compensates decrease in governmental investment

Baghdad (IraqiNews.com) The economic adviser in Prime Minister Office, Abd Al-Hussain Al-Anbaki, emphasized the necessity of starting working in the private Sector for the foreign and local investment to make up for the decrease in the governmental investment.

Al-Anbaki told IraqiNews.com that “there a lot of solutions that we exploit later whether in financial or monetary policy”, referring that “there is big work in the financial policy which is increasing income, especially those which are not related to oil and decrease expense.”

He clarified that “the monetary policy should support the financial policy where there is a financial influence on monetary policy and this is what we are doing now”, adding that “there should be a start in the private domain for the foreign and local investment to make up for the decrease in the governmental investment”, emphasizing that “the obstacles that face the delay of some rules concerned the investment are mutual responsibility between the government and other factors.” /End/