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Economic policy makers from all over the world are gathering today for the -- resort annual meeting and Jackson.
-- hole Wyoming and mr.
Peter Barnes is their -- -- topics dominating the discussions today.
Well sure we actually have a very special guest right now who has come to attend the conference and on -- should be the as the governor and chairman of the central bank of Iraq and obviously Iraq is in the news right now because American forces there.
Are drawing down -- from a combat role to a training and advisory.
Roll and all of this governor as you know thousands of Iraqi and American lives have been lost in trying to create a stable democracy.
In in your country.
Hundreds of billions of dollars have been spent.
And unless you and your fellow leaders there can develop a stable.
-- a lot of this blood and treasure may have been for nothing it may be at risk what is happening to the economy of Iraq we don't hear much about that.
-- Thank you very much.
I think exceeded and -- me -- very promising done this.
-- of achievements made a few things 2003 -- -- himself.
Do conviction do you I believe he I'm in agreement through that I met you -- that the seven I think Konami.
Thought she isn't -- especially in the moment that you think.
But he actually did you know there's no money in this and I think of course come and work -- -- he said -- -- and question of life on whether to.
I'm Buchanan and I -- from where we know that he thought before this but I think I think -- prevention.
I mean can we shouldn't be but -- come and vote.
We taught me when inquisitive.
New engine on an opponent and economy and for the development of -- and I'm.
Hey it is then basically your biggest industry is oil production -- that you have the second largest oil reserves in the world what is happening -- -- oil industry.
And the -- developing very well activity now exceeded our new agreement.
Companies you know to do to do video.
All you feel the -- we expect that there should -- Do you through -- through the through my 2000.
-- more thirteenth 2016.
Nothing to do.
Oil production will increase who along.
Three people and find food and yes but the thing.
-- 53 point five million barrels per day what is it now.
One -- -- one point 911 not so good -- good could close to double in the next five hours you know.
And then this would bring significant revenue went right now it's an eighty million dollar not being that big enough.
While that is big enough what the -- requirement that we do not powerful enough funds I think it is.
The different government needs that he conflicts in the contents of course I mean we we don't book hit -- -- Because -- you can.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- So there -- looked -- he thinks I mean the economy is destroyed.
During the Saddam.
-- out of court.
-- you go forth beyond on that we have functions.
All of these things fiction need to look that we we have the issue and what.
How much longer will Iraq need American.
Assistance American aid financial assistance as we get our taxpayers as you know we're running huge step 10 -- their -- and they're concerned about the.
Assistance by a million clients of the -- nation has always have.
We're inclusive of this weekend Brody and -- his support for the rich and into.
Much I mean we we are actually toned things that note on the technical assistant more than the financial assistance.
Thought she knew we thank you -- -- a lot of friend from more than on the left or woman at a friend's son and engine out of -- do.
We are benefiting from that experience which we miss.
Because you had an undefeated gulf war on function and that countries actually isolated from -- I'm doing -- and within that you need to get to that war.
The central -- of Iraq thank you for joining us today fascinating and of course we hear all of us wish you and -- colleagues the best the -- -- building a strong stable democracy.
And economy in Iraq Carol thank you.
Peter Barton defending interviewed Peter and infrastructure you gentlemen you've you've hit it right there infrastructure Iraq is going to be be growth industry overall particular power generation.
Peter Barnes out in Jackson Hole Wyoming thank you very much.
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