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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


    Claims to implement 'zero' economic plans to reduce the volume of financial spending

    Rocky
    Rocky
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    financial - Claims to implement 'zero' economic plans to reduce the volume of financial spending Empty Claims to implement 'zero' economic plans to reduce the volume of financial spending

    Post by Rocky Wed 16 Aug 2023, 5:29 am

    [size=30]Claims to implement 'zero' economic plans to reduce the volume of financial spending
    [ltr]2023.08.16 - 09:33[/ltr]
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    Baghdad - Nas  
    Specialists in financial and economic affairs called for the development of new plans and strategies for a "zero" economic vision, which reduces the volume of financial spending in some parts of the inactive state and exploits opportunities for relative stability in oil prices.  
      
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    The rapporteur of the Parliamentary Finance Committee for the fourth session, Ahmed Al-Saffar, said in an interview with the official newspaper, followed by “NAS” (August 16, 2023), that “most of what is declared is theoretical and unrealistic, given that the annual economic and financial plans emanate from the general budget.” .  
      
    He pointed out that “the current government’s orientation in this budget is towards consumer spending, not investment, with evidence that the operational budget is around 134 trillion dinars and more, and therefore this amount has not been exploited towards developing economic plans to revitalize and activate the actual economic sectors, including agriculture, industry, trade and transportation, so that they are Productive and achieve economic development and there will be Iraqi national goods and products alternative to import, which is the main reason for the decline in the value of the Iraqi dinar against the dollar.  
      
    With regard to the relative stability of oil prices, Al-Saffar points out that "oil prices must reach $96 per barrel, so that the Iraqi government can cover the entire deficit, which amounts to 64 trillion dinars."  
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