Search
Close this search box.

Al-Sudani Stresses Importance of Utilizing National Expertise in Economic Policy Formulation

Baghdad: Prime Minister Mohammed Shia al-Sudani emphasized the importance of utilizing national expertise in formulating economic, financial, and trade policies. His media office stated in a press release that Prime Minister Mohammed Shia al-Sudani received a group of Iraqi experts and university professors specializing in the economic and financial fields on Monday.

According to National Iraqi News Agency, the meeting addressed current economic developments and challenges related to public financial management and foreign trade. Discussions also focused on ways to enhance financial stability, the government's efforts to diversify revenue sources, rationalize spending, support the private sector and involve it in development plans, stimulate productive activity, and create more job opportunities.

Al-Sudani affirmed that this meeting comes within the framework of the government's commitment to broadening the scope of consultation and listening to specialized professional perspectives to discuss a range of economic, financial, and trade issues, in light of the fluctuations and challenges facing the global economy and their repercussions on the economic situation in Iraq.

The Prime Minister pointed to the importance of utilizing national expertise in formulating economic, financial, and trade policies, stressing that the current phase requires balanced decisions that combine immediate solutions to challenges with continuous work on structural reforms that ensure economic sustainability and protect social stability.

For their part, the participating economists presented a number of practical visions and proposals, affirming their support for the government's efforts to confront economic challenges and strengthen the reform process, in a way that achieves the public interest and serves comprehensive development in the country.