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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Budget deficits jump from 23 trillion to 27 in the budget of 2019

    Rocky
    Rocky
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    Budget deficits jump from 23 trillion to 27 in the budget of 2019 Empty Budget deficits jump from 23 trillion to 27 in the budget of 2019

    Post by Rocky Sat 29 Dec 2018, 7:03 am

    Budget deficits jump from 23 trillion to 27 in the budget of 2019
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    BAGHDAD / Former deputy Sarhan Ahmed said on Saturday that the fiscal budget for 2019 corresponds to 80 percent with the previous budgets when Iraq was engaged in a war raging with the advocate of the terrorist, pointing out that the previous budgets had a deficit of 23 trillion dinars, This budget amounted to 27 trillion.
    "The budget of 2019 corresponds to 80 percent with the previous budgets during the years in which Iraq was fighting a raging war with the organization of a supporter of the terrorist and spending on military support billions of dollars," noting that "the budget of 2019 is an operational budget and budget And there is no rise in investment and the private sector and miss the future vision of the country. "
    He added that "the previous budgets during the war, urging the terrorist, was deficit at the peak of its strength to 23 trillion dinars and now with the rise in oil prices for the last few months and the end of the war on terrorism, the deficit jump dramatically to 27 trillion dinars."


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    Rocky
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    Budget deficits jump from 23 trillion to 27 in the budget of 2019 Empty Parliamentary finance shows the fact that borrowing Iraq to fill the budget deficit

    Post by Rocky Sat 29 Dec 2018, 7:05 am

    Parliamentary finance shows the fact that borrowing Iraq to fill the budget deficit
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    BAGHDAD / A member of the parliamentary finance committee, Ahmed Hama, said Saturday that the estimate of the price of a barrel at 56 dollars in the budget of 2019 is the one who had to resort to foreign loans, indicating that there was a mistake was preparing the financial budget.
    "The budget of 2019 is wrong since the beginning of its preparation, when it adopted the estimated price of a barrel of oil $ 56 and now Iraq sells the barrel for 43 dollars and this caused a deficit of 18 billion dollars in the budget of 2019," noting that "this deficit led to Lack of expenditures for basic needs of the country. "
    He added that "this shortfall in expenses can not be covered only through loans and thus forced Iraq to foreign loans to meet its own needs," noting that "Iraq was in previous years borrowing, but did not abide by agreements between countries."
    The member of the House of Representatives Magda Tamimi, said on Saturday, that Iraq will borrow, according to the draft federal budget law for the year 2019, from 21 foreign parties.
    "Borrowing in the 2019 budget from 21 third parties without domestic borrowing," Tamimi said in a tweet through her Twitter account.
    She added that "the Ministry of Electricity alone will borrow from 15 parties, indicating that the parties that will borrow from the Ministry of Electricity:" 14 of them external and only one domestic destination, noting that "the budget of 2019 going in the wrong direction."


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