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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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    Iraq gets rid of the need to borrow during 2021 .. An economist explains

    Rocky
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    Iraq gets rid of the need to borrow during 2021 .. An economist explains Empty Iraq gets rid of the need to borrow during 2021 .. An economist explains

    Post by Rocky Mon 01 Mar 2021, 1:48 pm


    [size=30]Iraq gets rid of the need to borrow during 2021 .. An economist explains


    2021-03-01
    [/size]
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    Yes Iraq: Baghdad

    The economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Monday, that the difference in the price of a barrel of oil in the budget goes to fill the deficit, and the government may not need to borrow, indicating that developing a supplementary budget remains according to the government's need.
    Saleh said in an interview followed by "Yass Iraq" that "the budget was built on a deficit, meaning that the expenditures are more, and there can be borrowing, but the difference in the price of a barrel of oil today closes the deficit, so there is no need for borrowing, that is, the surplus replaces borrowings."
    He added, "This difference in the price of a barrel of oil closes the deficit in the budget, and the government may not need to borrow." Oil ».
    And on the existence of a supplementary budget, Saleh indicated that "creating a supplementary budget is not a necessity, but remains according to the government's need and the extent of the revenue strength, and does it have important projects that are deferred that need a supplementary budget."
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      Current date/time is Mon 25 Nov 2024, 7:48 am