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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


3 posters

Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement

rocky
rocky
NNP TEAM
NNP TEAM


Posts : 230424
Join date : 2012-12-21

Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement Empty Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement

Post by rocky Fri 07 Feb 2020, 2:01 am

Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement

[You must be registered and logged in to see this image.]

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, stated today, Thursday, that the implementation of the agreement concluded with China is subject to the approval of the General Budget Law for the fiscal year 2020.
Mazhar emphasized that "the implementation of the Chinese agreement is subject to the legislation of the Federal Budget Law for the year 2020," noting that "the agreement projects are an integral part of the general budget investment projects that require approval by the House of Representatives."
He added that "the continued isolation of the Chinese economy from the world for an unknown period, may lead to stumbling the start of projects through what the agreement provides in terms of important implementation aspects through the role of Chinese companies in [You must be registered and logged in to see this link.] strategic projects on the ground," noting that "the problems related to the agreement are all pending On the data of the coming stage and the extent of its expansion, whether at the national level, the general budget legislation or at the global level, and the lapse of China's isolation and its economy from the world. ”
"China is the driving force in sustaining the momentum of international economic activity, and as far as the matter is concerned, the spread of the Corona virus and its effects on the contraction of economic activity in China, whether with one third of the industry and important sectors in transportation and communications with the world stopping and the movement of Chinese workers with the world, has taken its reflection at first glance," he said. And directly on the energy market, "noting that" China's consumption rates of imported energy materials, especially oil, are the ones that contracted before others. "
He pointed out that "China consumes about 14 million barrels of oil per day and that more than half of it is imported, that is, about 8 million barrels of oil. It has temporarily reduced its demand for oil and by more than 22% of its mentioned daily needs due to the shrinking of economic activity," stressing that "if The global demand for oil continues to decline by about 20%, as a potential recession in international economic activity may happen because China represents the second largest economy in the world, whether in gross domestic product or global trade.


[You must be registered and logged in to see this link.]

[/size]
rocky
rocky
NNP TEAM
NNP TEAM


Posts : 230424
Join date : 2012-12-21

Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement Empty Government financial advisor: The implementation of the Iraqi-Chinese agreement is subject to approv

Post by rocky Fri 07 Feb 2020, 2:02 am

Government financial advisor: The implementation of the Iraqi-Chinese agreement is subject to approval of the budget and the end of China's isolation

[You must be registered and logged in to see this image.]
Government financial advisor: The implementation of the Iraqi-Chinese agreement is subject to approval of the budget and the end of China's isolation
[size]




The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the implementation of the agreement concluded with [You must be registered and logged in to see this link.] subject to the approval of the General [You must be registered and logged in to see this link.] Law for the fiscal year 2020, and the end of the Chinese economy's isolation.

Saleh said in a press statement that "the implementation of the Chinese agreement is subject to the legislation of the federal [You must be registered and logged in to see this link.] for the year 2020," noting that "the agreement projects are an integral part of the general budget investment projects that require approval by the House of Representatives." The strategy on the ground, "noting that" all the problems related to the agreement are dependent on the data of the coming stage and the extent of its expansion, whether at the national level, the general [You must be registered and logged in to see this link.] legislation , or at the global level, and the isolation of [You must be registered and logged in to see this link.] and its economy from the world. "

He added that "the continued isolation of the Chinese economy from the world to an unknown period, may lead to stumbling in the launching of projects through what the agreement provides in terms of important implementation aspects through the role of Chinese companies in [You must be registered and logged in to see this link.] projects




[You must be registered and logged in to see this link.]

[/size]
Proven
Proven
NNP TEAM
NNP TEAM


Posts : 1839
Join date : 2012-12-21

Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement Empty Re: Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement

Post by Proven Fri 07 Feb 2020, 7:47 am

Thanks Rocky.


Interesting.


"China is the driving force in sustaining the momentum of international economic activity, and as far as the matter is concerned, the spread of the Corona virus and its effects on the contraction of economic activity in China, whether with one third of the industry and important sectors in transportation and communications with the world stopping and the movement of Chinese workers with the world, has taken its reflection at first glance," he said. And directly on the energy market, "noting that" China's consumption rates of imported energy materials, especially oil, are the ones that contracted before others. "
He pointed out that "China consumes about 14 million barrels of oil per day and that more than half of it is imported, that is, about 8 million barrels of oil. It has temporarily reduced its demand for oil and by more than 22% of its mentioned daily needs due to the shrinking of economic activity," stressing that "if The global demand for oil continues to decline by about 20%, as a potential recession in international economic activity may happen because China represents the second largest economy in the world, whether in gross domestic product or global trade.
Readytogo
Readytogo
Understood Investor
Understood Investor


Posts : 140
Join date : 2013-06-30

Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement Empty Re: Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement

Post by Readytogo Fri 07 Feb 2020, 12:10 pm

Just like Neno was pointing out

Sponsored content


Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement Empty Re: Advisor to the Prime Minister: The financial budget recognizes the fate of the Chinese agreement

Post by Sponsored content


    Current date/time is Sun 04 Dec 2022, 11:59 am