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Economist: Budget 2020 will turn the country to an open market for international capital

rocky
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Economist: Budget 2020 will turn the country to an open market for international capital Empty Economist: Budget 2020 will turn the country to an open market for international capital

Post by rocky on Mon 19 Aug 2019, 1:57 am


Economist: Budget 2020 will turn the country to an open market for international capital

19:45 - 18/08/2019



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Information / Special…
Economic expert Jassim Mohammed, on Sunday, that the draft federal budget law for 2020 will turn the country into an open market for international capital.
Mohammed said in a statement to the information, that "the government will make an economic mistake in the budget of 2020 being a similar version of the budgets of previous years, as it was allocated for investment only 2%, in addition to the absence of development," pointing out that "the budget is no longer in the hands of competent and this matter Negatively affects its financial estimates. ”
He added that "the government's fiscal policy in the preparation of federal budgets will turn the country to an open market for international capital," noting that "the preparation of the budget needs specialists to avoid repeated financial errors."
The parliamentary strategic planning committee, on Wednesday, attributed the high deficit of federal budgets to the absence of planning experts and the economy in the numbers of budgets, while showing that the surplus and deficit is estimated and away from reality.
Earlier, the Parliamentary Finance Committee revealed a large deficit in the budget of 2020 to reach 72 trillion dinars, after a year characterized by prosperity was a deficit of 27 trillion guesses compared to what is expected next year.


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Screwball
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Post by Screwball on Mon 19 Aug 2019, 4:16 am

Yes.yes.
zimi31
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Post by zimi31 on Mon 19 Aug 2019, 9:14 am

hope, hope, hope.....
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Post by mochasmom on Mon 19 Aug 2019, 10:35 am

Hope we dont have to wait until 2020
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Post by zimi31 on Mon 19 Aug 2019, 10:38 am

You have a lot of company...I personally am about out of gas...   fish
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Post by mochasmom on Mon 19 Aug 2019, 1:41 pm

Sure could use some positive news, seems things start to ramp up then nothing...I know all the pieces are there..
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Post by Lobo on Mon 19 Aug 2019, 4:47 pm

It's going to happen.  Does anyone remember Dr. Shabbi talking to the American Chamber of Commerce - years ago, when he was the Governor of the CBI and someone asked him when the RV would happen and as I recall, he said after Eid and before the New Year.  Well, there is an Eid tomorrow, August 20 and a religious NEW YEAR on August 31 from what I have read, so maybe, just maybe we are there.  Keep praying.

flower flower
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Post by mochasmom on Mon 19 Aug 2019, 4:55 pm

Thanks Lobo for the reminder
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Post by Screwball on Mon 19 Aug 2019, 5:11 pm

[You must be registered and logged in to see this link.] wrote:It's going to happen.  Does anyone remember Dr. Shabbi talking to the American Chamber of Commerce - years ago, when he was the Governor of the CBI and someone asked him when the RV would happen and as I recall, he said after Eid and before the New Year.  Well, there is an Eid tomorrow, August 20 and a religious NEW YEAR on August 31 from what I have read, so maybe, just maybe we are there.  Keep praying.

flower flower
Yes remember...it’s good to be excited but we need to remain cautiously optimistic...we have all been here before!  Good things are coming...
zimi31
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Post by zimi31 on Mon 19 Aug 2019, 6:45 pm

Thanks for the reminder Lobo...appreciate all the positives that are forgotten...still praying...

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