Baghdad, The economic expert, Bilal Al-Khalifa, affirmed: Encouraging industrial investment is an important step to reduce foreign financial transfers.
He told the National Iraqi News Agency (NINA) that the government took three steps to solve the crisis, first increasing sales outlets, initiating an electronic financial transaction project, and setting up sonar controls to limit dollar smuggling. Noting: These steps do not fully reach the desired goal.
He explained: The government should take other steps, including immediate ones, such as reducing the import of luxury goods and encouraging industrial investment in things that are purchased from abroad, and thus reduce foreign financial transfers.
Source: National Iraqi News Agency