Al-Sudani: Customs Revenues Increase And Inflation Declines In Iraq
Money and Business Economy News – Baghdad Prime Minister Mohammed Shia al-Sudani stated on Wednesday that his government has succeeded in maximizing non-oil resources by increasing customs revenues and decreasing inflation in the country.
Al-Sudani said during the forum that today we are entering the second quarter of the twenty-first century and our country is brimming with unique success stories in every corner of it, and in every Iraqi city there is a tireless service and construction workshop, noting that infrastructure has grown in all Iraqi cities.
He added that the inherited stalled projects have decreased to less than 850, after previously numbering in the thousands. He explained, "We have embarked on the highest production plan to build power plants and for the first time, we have entered solar, clean, and renewable energy projects, and the rate of gas flaring cessation has exceeded 70 percent."
He continued, "It is unacceptable for political competition to devolve into the use of defamatory language and the concealment of the truth about government performance. Iraq needs bold and comprehensive reforms."
He explained that the true value of any reform lies in reaching the poor and marginalized groups and saving them from the clutches of poverty.
Al-Sudani revealed that customs revenues increased by 128 percent and the annual inflation rate declined, noting that Iraq is proceeding with confidence in agriculture, ensuring food security, and achieving self-sufficiency.
Al-Sudani also stressed that Iraq has maintained its firm and principled positions, especially its position on the Palestinian issue, and that Iraq is prepared to be a reliable partner and an effective contributor to regional stability.
Al-Sudani announced his intention to run in the elections scheduled for November of this year, stressing that the alliances will be announced in the coming days. He added that the elections represent an opportunity to support a reform project in Iraq.
He also touched on the relationship between Baghdad and Erbil, saying that it had moved to a technical and legal dialogue for the first time, and that the oil and gas law had become an urgent necessity. He also stated that the Popular Mobilization Forces were an essential part of the security system.
Meanwhile, the Prime Minister announced that Syrian President Ahmed al-Shara will attend the Arab Summit scheduled to be held in the capital, Baghdad, next month. Al-Sudani stated, "Al-Shara is welcome to attend the Arab Summit in Baghdad, and an official invitation has been extended to him in this regard." https://economy-news.net/content.php?id=54494