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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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    An economist who explains how to overcome the fiscal deficit in the budget

    Rocky
    Rocky
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    An economist who explains how to overcome the fiscal deficit in the budget Empty An economist who explains how to overcome the fiscal deficit in the budget

    Post by Rocky Sun 30 Apr 2023, 5:10 am

    [size=52]An economist who explains how to overcome the fiscal deficit in the budget[/size]
    • Today 09:32

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    Information / Baghdad... 
    The economist, Dr. Safwan Qusay, explained that Iraq needs the price of a barrel of oil in the budget to be $90 in order to overcome the deficit and avoid resorting to internal borrowing. 

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    Qusai said to Al-Maalouma, “The financial deficit in the budget is rounded up through the financial surplus, which amounts to 20 billion dollars, and there is also a possibility to reduce the financing of the deficit so that the Ministry of Finance does not finance the allocated allocations, and also that the budget opened the window for internal borrowing from Iraqi banks at the expense of the bank’s reserves.” central". 
    He added, "It is hoped that oil prices will rise in order to cover the deficit, as Iraq needs the price of a barrel of oil to be $90 in order for there to be financing for the deficit away from borrowing." 
    And he indicated that "the positive outlook for oil prices during the current year may be that Iraq will achieve a rise in prices, so that the price of a barrel during the current year is 82 dollars." ended 25 n

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    Rocky
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    An economist who explains how to overcome the fiscal deficit in the budget Empty An economist who explains how to overcome the fiscal deficit in the budget

    Post by Rocky Sun 30 Apr 2023, 2:28 pm

    [size=45][size=41]An economist who explains how to overcome the fiscal deficit in the budget[/size]
     3 hours ago
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    The economist, Dr. Safwan Qusay, explained that Iraq needs the price of a barrel of oil in the budget to be $90 in order to overcome the deficit and avoid resorting to internal borrowing.
    Qusai said in a press interview seen by “Takadum”, that “the financial deficit in the budget is rounded up through the financial surplus, which amounts to 20 billion dollars, and there is also a possibility to reduce the financing of the deficit so that the Ministry of Finance does not finance the allocated allocations, and also that the budget opened the window for internal borrowing from Iraqi banks.” at the expense of the central bank's reserves.
    He added, "It is hoped that oil prices will rise in order to cover the deficit, as Iraq needs the price of a barrel of oil to be $90 in order for there to be financing for the deficit away from borrowing."
    And that "the positive outlook for oil prices during the current year, Iraq may achieve a rise in prices, so that the price of a barrel during the current year is 82 dollars."
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