An economic expert for NINA: We must stop selling Iraqi oil now … and selling it for $ 20 is a waste of public money and the right of future generations.
The expert in the economic affairs, Safwan Qusai, stressed the importance of pressuring Iraqi oil policy towards an urgent meeting to restore the price balance of world oil; warning of an economic catastrophe in the country due to the decline in oil prices.
He said in a statement to the Iraqi National News Agency ( NINA ): The price of Brent oil is now $ 26.9, meaning that Iraq is currently selling its oil at about $ 20, so Iraqi oil policy must press towards an urgent meeting to restore the price balance of world oil;
It is also necessary to think about stopping the sale because the price is low and it is a waste of public money and the right of the few generations. “He called on the Ministry of Finance and its supporters to declare a financial emergency to face this situation in all its details and find possible solutions as soon as possible.”
He continued: If the people unite and all join together with their various addresses for the benefit of Iraq and not for their personal interests, there is no problem in the Iraqi economy. Source