Economist: The Absence Of Economic Policy Will Create More Complex Crises

Baquba  Economic specialist Jamal Shaker confirmed that Iraq is facing a major economic problem due to the lack of real economic pillars through which to activate the economic aspect in the country.

He told the correspondent of the National Iraqi News Agency (NINA) that the central bank’s decision to raise the exchange rate of the dollar against the Iraqi dinar to solve the economic crisis has cast a shadow over the citizen and created a contraction in the commercial market as a result of the lack of financial policy. Pointing out that the reform paper released by the Iraqi government does not correspond to the mafias of corruption, which has become the main artery exhausting Iraq.

He added that the country will enter into more complex economic crises due to the absence of an economic policy that would advance the vital sectors that are important to building economic strength in the country.

 

Source: National Iraqi News Agency