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Neno's Place Established in 2006 as a Community of Reality


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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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    of Iraq , says he is still suffering economic contraction

    Rocky
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    of Iraq , says he is still suffering economic contraction Empty of Iraq , says he is still suffering economic contraction

    Post by Rocky Sat 29 Apr 2017, 5:39 pm


    of Iraq , says he is still suffering economic contraction


    Twilight News / Planning Minister Salman al - Jumaili said Iraq 's economy is still suffering deflation because of the continuing decline in oil prices in global markets.
    Said Jumaili during the preparation of the five - year development plan in Erbil conference on Saturday that the Iraqi government began preparing a new development plan is to revitalize the private sector and the strengthening of administrative decentralization in the country.
    The Iraqi minister said that " the military victory over the organization of Daesh ( the organization of the Islamic state) and liberating the land is not enough, but we have liberated the reconstruction of our cities."
    According to a statement issued by the International Monetary Fund in March / last March, it is expected to remain weak Iraqi economic activity in 2017 due to the contraction in oil production by 1.5%.
    The Fund noted that the financial pressure on Iraq is still severe, with the budget deficit by 12% of GDP remains because of weak oil prices and increased spending on security and humanitarian operations.
    The total foreign reserves of Iraq 's $ 46.5 billion by the end of 2016 after it was nearly $ 53.7 billion at the end of 2015.
    The non - oil economy in Iraq has shrunk by 8% in 2016, at a time when GDP grew in real terms by 11% , thanks to a significant increase in oil production It relied on previous investments.

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