Established in 2006 as a Community of Reality

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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.

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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

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


    Surpluses and repairs

    Rocky
    Rocky
    Rocky
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    Posts : 269951
    Join date : 2012-12-21
    • Post n°1

    Surpluses and repairs Empty Surpluses and repairs

    Post by Rocky Sun 06 Feb 2022, 2:46 pm

    Surpluses and repairs
    Sunday 06 February 2022 

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     Yasser Al-Metwally 
     
    The price cycle that affects oil wealth around the world is achieved according to political events sometimes and weather variables at other times. It is summarized by the concept of supply and demand theory in the past. However, this concept prompted us to describe it in a previous article entitled (Oil Deceit). From here we point out the necessity of not relying on oil rents as a single means for revenues and financial resources; In order not to repeat the scenario of pressures and the need for external borrowing that restricts the economy and submitting to the dictates that keep countries backward and at the mercy of the major countries controlling the global economy. We now believe that the opportunity for price recovery is favorable, and it should be exploited optimally to liberate the economy from dependence on the struggles of the big people and move on a path free from any economic dependence.
    The surpluses of oil revenues achieved as a result of the recovery of prices in this period (the opportunity) must be dealt with away from those who push towards (spend what is in the pocket, what is in the unseen will come to you), but should be directed to rational investment that guarantees a prosperous future for the citizen and for future generations, by preserving These funds are in sovereign investment safe funds that achieve balanced growth of the economy by activating the production and service sectors in a way that addresses abhorrent unemployment, combating poverty and diversifying sources of income.
    Sovereign funds are strong buffers for all the storms of financial crises and hot events (the white shark is useful on the black day).
    The announced prices indicate large returns and surpluses that should be directed towards activating investment expenditures to enhance the required development processes and not to expand operational spending that eats all the increase, and beware of oil deception again and the talk is about the unapproved budget.
    The need requires setting short and medium-term development plans to activate the productive sectors that require the adoption of rapid protection projects to [You must be registered and logged in to see this link.] national production, both agricultural and industrial. To achieve many goals, including - in addition to what we have mentioned - achieving food security that is also threatened globally. It is required to give the Ministry of Planning the largest role in determining the governorates’ need for strategic projects after studying the governorates’ requests, in order to ensure their distribution in an orderly manner to limit trends of chaos in the geographical distribution of projects, in a way that ensures industrial and service integration in a way that achieves justice without affecting the executive powers of the governorates. The role of planning in defining priorities and needs in an orderly and decreed manner that excludes the repetition of similar projects except to ensure the interests of each governorate.
    This path in the supposed and expected economic reform is one of the tasks and priorities that we put before the table of the new government and parliament, and this opens the door to discussing the priorities of the right path for economic reform.
     


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