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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Mazhar Saleh recommends transferring Kuwait compensation to savings Saturday 06 November 2021 64

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269035
    Join date : 2012-12-21
    • Post n°1

    Saleh - Mazhar Saleh recommends transferring Kuwait compensation to savings Saturday 06 November 2021 64 Empty Mazhar Saleh recommends transferring Kuwait compensation to savings Saturday 06 November 2021 64

    Post by Rocky Sat 06 Nov 2021, 6:17 am

    [size=52]Mazhar Saleh recommends transferring Kuwait compensation to savings Saturday 06 November 2021 64[/size]

    [size=45][You must be registered and logged in to see this image.]
     Baghdad: Nassar al-Hajj

    Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, recommended, on Friday, that the deducted financial flows of Kuwait’s compensation be transferred to savings and investment.
    Saleh said, to “Inauguration”: “The money that was going outside the national economic cycle in the form of war compensation since 1996, and amounted to 52.4 billion dollars, will turn its deducted annual flows to serve the interest of the national economy, especially in achieving a financial space in the sovereign resources of Iraq, including An average of no less than two billion dollars annually, according to the current oil prices, to contribute to enhancing the financial sustainability of Iraq.
    He added, “I find it necessary to maintain the path of the transformation of the corresponding amounts of compensation to be savings that flow into the national economy cycle, especially the trend towards financing income-generating investment projects, which is a positive cumulative development process that leads to enhancing growth in GDP at accelerated rates, after the war compensations were It constituted a negative deduction and a drain on the national income cycle and over the past three decades, as Iraq paid a high direct price in it between war compensation and the costs of inspection teams, and indirect costs represented in the destruction of Iraq’s infrastructure due to the operations of the previous Gulf War, reckless war conflicts and disruption of economic growth opportunities that all formed The costs and burdens may be dozens of times higher than the compensation amounts mentioned.”
    And Saleh stated, "The shift from the political economy of the war that Iraq fought between 1990-2003, to the political economy of peace means a shift towards development, progress, stability and building prosperity in a new Iraqi era."
    Disclaimer: All published articles represent the opinion of its authors only[/size]
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 27 Apr 2024, 7:16 pm