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


    Economist: Iraq will suffer financially in 2021 budget

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 281266
    Join date : 2012-12-21
    • Post n°1

    Economist: Iraq will suffer financially in 2021 budget Empty Economist: Iraq will suffer financially in 2021 budget

    Post by Rocky Wed 04 Mar 2020, 1:53 am


    Economist: Iraq will suffer financially in 2021 budget

    09:20 - 04/03/2020



    [You must be registered and logged in to see this link.]
    Information / private ..
    Economic expert Saleh Al-Hammash said on Wednesday that [You must be registered and logged in to see this link.] will suffer greatly financially in the budget of 2021, especially if the budget for this year is not voted, pointing out that the population is increasing and adding to unemployment.
    Al-Hamash said in a statement to "Information", that "the budget will be a big problem for any future government, especially since the previous governments exaggerated a lot with spending, appointments, allocations, and concessions, even though this spending is called merchandise, which does not bring in financial returns."
    He added that "the [You must be registered and logged in to see this link.] budget has reached a stage in which it is not possible to increase spending, which is what motivated the Finance Ministry to stop bonuses and raises, especially with the reduction of oil production according to what OPEC called for, where it will reduce more than 50 thousand barrels per day, and that [You must be registered and logged in to see this link.] has not reached its production to 3.8 million barrels. Daily".
    And that "the budget of 2021 will be more difficult than its predecessor due to population growth that reaches 3% annually, i.e. an average of 800,000 people annually and at a rate of 400,000 working hands entering the Iraqi market from graduates, especially those who reach the legal age for work."
    He pointed out the importance of "the quick action of the government to take decisions that would preserve the expenditures of 2020 and 2021, especially that the opposition parties can no longer lend to [You must be registered and logged in to see this link.] after a loan reached the level of (B +) and any loan that will have significant benefits and is not easy as it was in the past six years." .
    He stressed the need to "cultivate trust between the government, the international community and the citizen as well and reduce corruption and waste of public money." 25 n ended


    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Mon 25 Nov 2024, 9:49 am