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June 20, 2022 Economist: Economic plans that raise the level of the country's economy if they are implemented accurately

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Economist: Economic plans that raise the level of the country's economy if they are implemented accurately

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The economic expert, Raad Twij, called for setting accurate economic plans to raise the level of the Iraqi economy.
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\nTwig said in a statement to the National Iraqi News Agency / NINA /: "There are economic plans that the concerned authorities must put in place to raise the level of the country's economy, and include the possibility of Iraq exporting oil derivatives such as gasoline, of which Iraq's consumption amounts to one and a half million tons annually, instead of importing Half of it is from neighboring countries.
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\nHe added, "By planning, Iraq can develop its human capital, which it lost during wars and crises, by supporting education and increasing the share of scientific research, which amounts to 9% of its budget annually, most of which goes to salaries, and we can also plan to establish industries that produce goods to replace imported goods and that We support agricultural projects, and their values are given to Iraqi workers."
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\nTwig indicated that the Minister of Finance had mentioned earlier that Iraq plans to export electric power for the coming years, noting: "Iraq lacks electric power greatly, and therefore it must provide power to the Iraqis before exporting it."