Economist Salam Smeism: The Iraqi constitution guarantees every citizen’s share in oil

6ly410 · March 1, 2020

02/29/2020 14:00

Economist Salam Smeism: The Iraqi constitution guarantees every citizen’s share in oil

http://almasalah.com/ar/news/188581/الخبيرة-الاقتصادية-سلام-سميسم-الدستور-العراقي-يضمن-حصة-كل-مواطن-في-النفط

Baghdad / Obelisk: Economist Salam Smaism, on Saturday February 29, 2020, confirmed that every citizen has a share in the revenues received from oil.

In a statement to Al-Masalla, Sumaisem said that the administrative possibility of the Iraqi state lacks the performance that achieves this.

Sumaisem indicated that the Iraqi constitution guaranteed the right of every individual to the national wealth, so it is the right of every individual with a financial share of oil that varies between individuals, but it is reflected in the self-development that citizens have adequate housing, continuous education, and literacy, in the context the economist questions. If this is too much for a country that leads the OPEC summit.

It is noteworthy that parliamentary blocs have asked the Speaker of Parliament to include her proposal to deduct an amount from each barrel of oil and distribute it to each Iraqi within the budget for next year.

A member of the Parliamentary Services Committee, Jassem Khatmat, commented earlier on the proposal of the Citizen Fund Law, which provides for the distribution of 10% of the financial oil revenues to Iraqis, while stressing that the current text of the law is immature.

Edited March 1, 2020 by 6ly410