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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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    A parliamentary bloc criticizes the government's economic policy and warns of a new financial setbac

    Rocky
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    A parliamentary bloc criticizes the government's economic policy and warns of a new financial setbac Empty A parliamentary bloc criticizes the government's economic policy and warns of a new financial setbac

    Post by Rocky Wed 12 May 2021, 7:53 am

    [size=52]A parliamentary bloc criticizes the government's economic policy and warns of a new financial setback[/size]

    [size=45]The head of Bayariq Al-Khair Parliamentary Bloc, Representative Muhammad Al-Khalidi, said on Monday that the government's economic policy is floundering and suffers from mismanagement, while he warned against entering the country in a new financial setback as a result. 

    In an exclusive interview, Al-Khalidi said, "The country suffers from confusion and financial mismanagement in various fields, and that is borne by the government and its ministry, including finance," noting that "the 2021 budget was not properly implemented due to the country's financial mismanagement."

    He added that "Iraq depends by 90% on the revenues from selling crude oil and 10% on the rest of the other revenues, including taxes, customs, airports and refineries, except for the latter, which is very much prevalent."

    Al-Khalidi pointed out that "the country's financial situation may regress again in light of the current data, and the continued dependence of the economy on revenues from selling oil, whose prices suffer from very sharp fluctuations, which prompted most countries to reduce dependence on them in their annual budgets."[/size]
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