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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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    Representative economics proposes alternative options to save money instead of raising the exchange

    Rocky
    Rocky
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    Representative economics proposes alternative options to save money instead of raising the exchange  Empty Representative economics proposes alternative options to save money instead of raising the exchange

    Post by Rocky Wed 31 Mar 2021, 9:26 am

    [size=36]Representative economics proposes alternative options to save money instead of raising the exchange rate[/size]



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    Baghdad/
    Today, Wednesday, the Parliamentary Economic Committee identified other options to provide funds instead of raising the exchange rate, while stressing the need to develop a plan to support the local product and address the lack of
    Committee member Mazen Al-Faily said, in a press statement, that "the committee called for changing the exchange rate and returning it to its previous one because it is a decision with economic benefits and negatives, but its disadvantages are much more than the positives." It is possible to compensate for this amount by raising the price of a barrel of oil in the budget, to avoid the great harm to the people.
    He added, "At the present time, there is no hosting of the Minister of Finance and the Governor of the Central Bank by the committee, as it did not meet during the current period."
    Al-Faily called for "the necessity of developing a clear plan for market stability according to a specific calendar," noting that "the most challenges facing farmers are imported crops, especially with customs exemptions for some countries."
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