Fouad Hussein is acting as Deputy Prime Minister for Economic Affairs

Finance Minister
Fouad Hussein on Monday began his duties as deputy prime minister, Adel Abdul Mahdi, in economic affairs.

"Fuad Mohammed Hussein started his duties as deputy prime minister for economic affairs in his office in Baghdad," said a press statement issued by his press office.

"He met with the advanced cadres in the office as well as the Undersecretary of the Ministry of Finance and the Inspector General of the Ministry. Which falls within his responsibilities as well as the Economic Affairs Committee. "

According to the statement, Hussein pointed to "the need to formulate a clear and clear economic and financial policy in the medium and long term."

He stressed the need to exploit the proceeds of oil and the rest of the resources and financial returns that accompany the state budget to build investment projects and a strategy to maximize imports and not rely on the unilateral aspect of resources,

pointing to "the need to promote the industrial, agricultural and tourism, and support the private sector to stimulate the economy and create jobs "He said.