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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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    Al-Masoudi: Iraq needs 120 billion dollars to pay off its internal and external debts

    Rocky
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    • Post n°1

    Al-Masoudi: Iraq needs 120 billion dollars to pay off its internal and external debts Empty Al-Masoudi: Iraq needs 120 billion dollars to pay off its internal and external debts

    Post by Rocky Thu 04 Jul 2019, 1:56 am


    Al-Masoudi: Iraq needs 120 billion dollars to pay off its internal and external debts

    09:15 - 04/07/2019



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    Information / Baghdad ..
    The deputy of the Alliance of Riyadh al-Masoudi, on Thursday, that [You must be registered and logged in to see this link.] needs to close the 120 billion dollars to pay off its internal and external, pointing out that the parliament voted not to borrow [You must be registered and logged in to see this link.] any amounts during 2019.
    "The absence of a clear strategy has made [You must be registered and logged in to see this link.] dependent on oil in financing the public budget, which has achieved significant revenues in light of the high oil prices to $ 120 a barrel, the government to move towards non-productive projects, which was corrupted by corruption," Masoudi said in a statement to Al- .
    He added that "the direction of the government in the past period towards the employment of 350 thousand citizens at once, made [You must be registered and logged in to see this link.] is a balance of operation by 70% for small amounts allocated to investment projects, and therefore the country faced a big problem when oil prices drop, .
    "The size of debt owed by the citizen amounted to one year 18 trillion dinars, as well as that [You must be registered and logged in to see this link.] loses annually $ 6 billion due to corruption at the border crossings, as well as the loss of the country $ 500 million of communications revenues, which is supposed to arrive Revenue to 10 billion dollars. "
    He explained that "the size of Iraq's debt abroad is close to 70 billion dollars, while the internal debt of 50 billion dollars, and therefore [You must be registered and logged in to see this link.] owed debt of up to 120 billion dollars, prompting the parliament to vote on non-borrowing in 2019." Ending / 25 n


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