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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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    Central Bank: the non-oil deficit in the budget of 2017 of 78 trillion dinars

    Rocky
    Rocky
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    Central Bank: the non-oil deficit in the budget of 2017 of 78 trillion dinars Empty Central Bank: the non-oil deficit in the budget of 2017 of 78 trillion dinars

    Post by Rocky Sat 15 Jul 2017, 4:28 am

    Central Bank: the non-oil deficit in the budget of 2017 of 78 trillion dinars



    The Governor of the Central Bank of Iraq, on the Keywords, Saturday that the non-oil deficit in the current year budget of 78 trillion dinars, indicating that the balance of payments deficit of non-oil exports of $ 37.7 billion.

    Keywords and said in a meeting of the Institute for the progress of policy development, and attended by "Economy News", "non-oil deficit in the current year budget of 78 trillion dinars, because local revenues today constitute 22%, while the ideal situation to be local revenue covers the size of local expenditures", referring to the "this leads to the instability of the state budget because the size of the dependence on the money that comes from abroad is higher than the money that comes from the inside."

    He added that "Iraq's revenues expected during the next five years, oil will be 53 trillion dinars to 64 trillion dinars," noting that "the deficit in the balance of payments currently amount to $ 37.7 billion."

    He added that "the shortfall in the balance of payments will put pressure on the central bank, because today the country is unable to foreign currency insert along with the money that the intervention of oil," noting that "Miran deficit payments means that the country is unable to attract investors, tourists and others."

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