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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


    "Large" money owed by the Iraqi government, in addition to the debts.. What is the story of the petr

    Rocky
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    "Large" money owed by the Iraqi government, in addition to the debts.. What is the story of the petr Empty "Large" money owed by the Iraqi government, in addition to the debts.. What is the story of the petr

    Post by Rocky Tue 16 May 2023, 4:13 am

    [size=35][size=35]"Large" money owed by the Iraqi government, in addition to the debts.. What is the story of the petrodollar amounts?[/size]
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    Economy

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    2023-05-16 | 02:57
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    Alsumaria News - Economy

    In addition to the internal and external debts, the Iraqi federal government owes huge amounts of money under the item "Petrodollars", which were deducted from the oil export funds in previous years, and these amounts were not paid due to the ongoing crises.


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    A member of the[You must be registered and logged in to see this link.]and[url=https://www.alsumaria.tv/Entity/1746608456/%D9%84%D8%AC%D9%86%D8%A9 %D8%A7%D9%84%D8%BA%D8%A7%D8%B2/ar/]Gas Committee[/url],[url=https://www.alsumaria.tv/Entity/3140724755/%D8%B9%D9%84%D9%8A %D8%A7%D9%84%D9%84%D8%A7%D9%85%D9%8A/ar/]Ali Al-Lami[/url], announced, earlier, the agreement to include the payment of the amounts due to the oil-producing provinces from the “petrodollars” to all provinces, as compensation for the incurred damages, stressing the existence of an agreement to collect these past and current funds and include them in the budget.



    Representative Tel Al-Mishaal revealed that the amount deducted from oil exports had been reduced to two dollars per barrel instead of five dollars, and he also revealed the existence of a specific agreement to pay these sums.

    Al-Mishal said, "Petrodollar allocations are in the general budget, and the law previously provided for a deduction of $5 per barrel," noting that "due to successful financial crises, the war on terrorism, and the Corona crisis, liquidity decreased and The law was disrupted, and the amounts were recycled and registered with the federal government on behalf of the governments. in the oil and gas-producing governorates,” according to the official newspaper.

    And he continued[You must be registered and logged in to see this link.]District Attorney[You must be registered and logged in to see this link.]The owner of the largest share in the export of Iraqi oil, that "amounts[You must be registered and logged in to see this link.]The federal government owes 18 trillion dinars.” And he revealed that “the amount of petrodollars in the current budget law was calculated at 2 dollars per barrel.” And he indicated that “the expected surplus of oil prices will be 70% for the federal government and 30% for paying the dues of local governments. This agreement was placed within the paragraphs of the General Budget Law.”

    He explained that “the text exists and the application does not exist due to lack of liquidity, and the funds will remain with the federal government, and the payment will be made if cash is available.

    ”[url=https://www.alsumaria.tv/Entity/2027158478/%D8%A3%D9%8A%D9%85%D9%86 %D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A/ar/]Ayman al-Jubouri[/url]He stated that "the amounts of petrodollars are more than sufficient to develop the reality of the concerned governorates." Al-Jubouri said, "If the petrodollar sums are spent in their designated place, they will change the economic reality." He warned against corruption and bureaucracy, calling for specific projects.

    He added, "The petrodollar amounts must be directed through the federal government through the concerned ministries in coordination with the concerned governorates to set development and investment plans, in order to avoid the establishment of luxury projects," and indicated that "the petrodollar amounts are sufficient and will increase if they are optimally exploited away from corruption and waste. Establishing projects in education, health and transportation, and establishing mixed investment institutions and companies,” according to the newspaper.
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