Long-term strategy required for economic reform

BAGHDAD / IraqiNews.com: A financial expert from the Iraqi Ministry of Planning on Saturday said that long-term strategic goals are necessary for an economic reform in the country. “The Iraqi economy has taken significant steps towards economic reform, but it still lacks competitiveness…,” Bati al-Kabisi told IraqiNews.com. Kabisi blamed high inflation rates and the exaggeration of the value of currency for the gross economic imbalance that he said Iraq is suffering from. SS (P) 1