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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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    Khuzaie calls on Abdul-Mahdi to set up an independent fund to extinguish sovereign debt

    Rocky
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    • Post n°1

    Khuzaie calls on Abdul-Mahdi to set up an independent fund to extinguish sovereign debt Empty Khuzaie calls on Abdul-Mahdi to set up an independent fund to extinguish sovereign debt

    Post by Rocky Fri 26 Apr 2019, 2:56 pm


    Khuzaie calls on Abdul-Mahdi to set up an independent fund to extinguish sovereign debt

    21:32 - 26/04/2019



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    Information / Baghdad ..
    A member of the Evaluation Committee of the government program and strategic planning MP Anam Khuzaie, Friday, Prime Minister Adel Abdul-Mahdi to establish an independent sovereign fund to extinguish the international sovereign debt of Iraq.
    "Iraq relies heavily on the recovery of oil prices in financing the public budget and the use of surplus in the payment of sovereign debt after it jumped after the tightening of US sanctions on Iran to exceed the barrier of $ 75 a barrel yesterday," Khuzai said in a statement received by the " Thursday 25 April 2019, the highest level of oil prices this year.
    "If we assume the sale of Iraqi oil at about $ 70 a barrel (less than the price of Brent oil), Iraq will achieve $ 14 dollars financial abundance of the price set in the general budget of $ (56) a barrel, and if we take the rate of exports of Iraq from The oil per month (and within the quota of the OPEC countries), about (105) million barrels per day accounts of the Iraqi Ministry of Oil for the month of March, this means achieving a total financial abundance exceeding (1.5) billion dollars per month, and this amount can increase if it continues Prices rise after the zero oil exports in early May next month. "
    Khuzaie wondered, "Does the economic decision maker, Prime Minister Adel Abdul Mahdi, respond specifically to the higher economic interests of the country and the citizen, especially as the opportunity is ripe to start the establishment of a fund to extinguish the Iraqi sovereign debt, which is financed mainly from the financial abundance achieved by the difference between the price of oil stabilized by budget and price Going on the market? Or will the sword of foreign indebtedness remain on the necks of Iraqis? " Ending / 25
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