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Economist: Four laws were suspended by the governments, and if they came back, the Iraqi economy would shift from rentier to productive


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23-05-2020 04:50 PM
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Baghdad / news

The economist Bassem Jamil Antoine confirmed today, Saturday, that the expert of four laws that were suspended by the previous governments, indicating that if re-activated, the Iraqi economy will shift from rentier to productive.

Antoine told Al-Ikhbaria that "the governments have suspended work with four important economic laws. If they worked with them, Iraq would have wandered its economy from rentier to productive and would not need to borrow after every drop in world oil prices."

He added that "the laws are the law of quality control, the customs tariff law, the law on the protection of the national product and the law on consumer protection", explaining that "these laws are important for any country, except Iraq!".

 Antoine stressed "the necessity of controlling goods through border crossings and preventing the smuggling of goods from abroad through unofficial outlets from the Kurdistan Region and others."

 
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