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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


    Bolani: It's time to rely on other sectors besides oil

    Rocky
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    • Post n°1

    Bolani: It's time to rely on other sectors besides oil Empty Bolani: It's time to rely on other sectors besides oil

    Post by Rocky Sat 13 Feb 2016, 7:17 am

    [rtl][You must be registered and logged in to see this image.][/rtl]
     
    [rtl]Bolani: It's time to rely on other sectors besides oil[/rtl]



    [rtl]BAGHDAD / Sky Press: Areej al-Taie[/rtl]
     
    [rtl] The Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani, Saturday, it was time to adopt a correct economic policy based on oil revenues by 30% in the Iraqi state budget as well as dependence on industrial, agricultural and tourism sectors.[/rtl]
     
    [rtl]Bolani said in a statement received "Sky Press," that "oil investment funds in sovereign wealth funds can protect generations and contribute to the stability of the Iraqi economy and stimulate a national duty and illegal and immoral rests with the legislative and executive branches."[/rtl]
     
    [rtl]Bolani said, "It is time to embrace the correct economic policy based on oil revenues by 30% in the Iraqi state budget and rely on agriculture, industry and religious tourism in securing the other two-thirds of the budget."[/rtl]
     
    [rtl] He said the "complacency in planning a multi-faceted late decision to balance, but still an option that can be relied upon."[/rtl]
     
    [rtl]It is said that Iraq will depend on the construction of the annual financial budget by about 90% on imports of oil exported, and the resulting decline in crude prices since the middle of last year to a significant decline in Iraq's resources reaching its budget in 2015 about $ 100 billion deficit expected up to 25%, what government to pay to put up Treasury bonds worth $ 6 billion, and borrowing from the international Monetary Fund about $ 1.2 billion in an attempt to reduce this deficit with the continued drop in prices.[/rtl]
     
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