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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Specialists: The absence of economic policy has made Iraq indebted to the countries of the world

    Rocky
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    • Post n°1

    Specialists: The absence of economic policy has made Iraq indebted to the countries of the world Empty Specialists: The absence of economic policy has made Iraq indebted to the countries of the world

    Post by Rocky Sun Feb 25, 2018 2:42 pm

    [size=30]Specialists: The absence of economic policy has made Iraq indebted to the countries of the world[/size]
    25/02/2018 09:54 | Number of readings:
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    [rtl]Trend Press / Baghdad[/rtl]
     
    [rtl]A member of the Committee on Economy and Investment in the Iraqi parliament Zeytun al-Dulaimi, the absence of clear economic policy of the Iraqi government has made productive economic sectors such as agriculture, industry, tourism and other sectors neglected, noting that the government does not have a strategic economic plan through which to diversify sources of income and this is a disaster to solve Economy, thereby making it indebted to many countries of the world .[/rtl]
     
    [rtl]Al-Dulaimi said that the Iraqi government relied heavily on the oil resource and this is a big mistake because many of the oil-producing countries do not rely entirely on the oil resource in their economies, but activates the other productive sectors, including the industrial sector as it is in the Gulf countries where it exports large quantities of oil But has not stopped diversifying its resources if it has established large industrial plants and exports industrial products to all countries of the world .[/rtl]
     
    [rtl]The member of the Committee on Economy and Investment called on the government to save the Iraqi economy through the development of a strategic plan to work to diversify the country's financial resources and to make the state not indebted and economically weak .[/rtl]
     
    [rtl]The economic expert Mohammed al-Hassani said that the commodity dumping policy followed by the federal government since 2003 and so far burdened the state and damaged the Iraqi economy in various sectors, pointing out that Iraq depends on its industrial imports to Iran, Turkey, Jordan, Syria, China, Saudi Arabia and Egypt .[/rtl]
     
    [rtl]He said that the volume of trade exchange of industrial products with those countries is estimated annually by 50 billion dollars, in the case of an interest to the national industry and the need of local ones, Iraq will save annually about 50 billion dollars, which constitutes half of the federal budget amounts and here Iraq will have a strong economy and solid He is proud of any economic fluctuations, whether oil or other .[/rtl]
     
    [rtl]Iraq relies on 93% of oil revenues in its federal budget while other non-oil resources may collect them from fees, taxes and other estimated at 7%.[/rtl]
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    [/rtl]
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