Al-Hakim: Iraq's Oil Rentier Economy Is A "Major Challenge", 4 JULY

Al-Hakim: Iraq's Oil Rentier Economy Is A "Major Challenge"

Wednesday 03 July 2024  Politics Number of readings: 193  Baghdad / NINA / The head of the National State Forces Alliance, Ammar al-Hakim, considered the rentier oil economy in Iraq a "major challenge."

Al-Hakim said during his hosting at the Baghdad Forum for Young Leaders, which was held by the Ishtar Foundation, that "the rentier economy is a major challenge and oil prices will not last long, especially if the influences that led to the rise in prices are removed."

He added: "To help break the rentier economy equation and move to the five-point agriculture, industry, tourism, investment and technology, and that all these titles are capable of opening a window of work for young people and transforming them into an effective and productive segment."

He pointed out that "Al-Sudani succeeded in his performance, which was positively reflected on the forces supporting and enabling him, and that the focus was on popular satisfaction with the government, while there is another popular satisfaction with the political forces, as evidenced by the results of the recent elections," indicating: "

Al-Sudani's success in his previous tasks is what prompted the Coordination Framework to empower him in the prime minister's office and assign him to manage the government."

Al-Hakim pointed out that "youth are a vital pillar in our Iraqi reality, given their numbers and proportions in society, which requires care and empowerment for them, taking into account requirements, developments, technology, information technology, and the like."

He continued: "Youth face major intellectual and social challenges, the first of which is drugs," calling for empowerment that is commensurate with the capabilities of youth, trust in Iraqi youth, and attention to their successful experiences." /   https://ninanews.com/Website/News/Details?key=11395