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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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An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar”

rocky
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Prime - An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar” Empty An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar”

Post by rocky Fri 25 Jun 2021, 6:49 am

[size=35][size=35]An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar”[/size]
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Economie

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2021-06-25 | 03:11
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Today, Friday, the Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, determined the rate of rise in the inflation rate in the country.


Saleh said, in statements to the official agency, followed by Alsumaria News, that "the improvement in the value of the Iraqi dinar is related to the economy's ability to grow if significant growth is achieved in the economy and not rent growth," noting that "expectations indicate a current growth of 2.5%, and this growth is equivalent to growth real population.





 
He added that "this needs the right development, reducing unemployment, increasing job opportunities, and flourishing investment projects, which encourage and generate income that compensates for oil, and gives sustainability in returns, and sustainability with the strength of the economy," noting that "there are two important things, the first is monetary policy that maintains On the stability of the exchange rate, and create a stable environment for a long period, and the second is to support investment projects for development and achieve growth, because without growth the situation will be bad.
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rocky
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Prime - An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar” Empty Adviser to the Prime Minister sets the conditions for the rise of the dinar against the dollar

Post by rocky Fri 25 Jun 2021, 7:31 am

[size=30]Adviser to the Prime Minister sets the conditions for the rise of the dinar against the dollar
[ltr]2021.06.25 - 10:02[/ltr]
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Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, pledged, on Friday, the improvement of the value of the dinar, with several conditions that must be met and achieved, while determining the rate of high inflation in the country.  
  
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Saleh said, to the official agency, and followed by "Nass" (June 25, 2021), that "the improvement in the value of the Iraqi dinar is related to the economy's ability to grow if significant growth is achieved in the economy, not rent growth," noting that "expectations indicate a current growth of 2.5%." This growth corresponds to the real population growth.  
He added that "this needs correct development, reducing unemployment, increasing job opportunities, and flourishing investment projects, which encourage and generate income that compensates for oil, and gives sustainability in returns, and sustainability with the strength of the economy," noting that "there are two important things, the first is monetary policy that maintains On the stability of the exchange rate, and create a stable environment for a long period, and the second is to support investment projects for development and achieve growth, because without growth the situation will be bad.”  
Regarding the rate of inflation, Saleh explained that “there are two types of goods, tradable goods, most of which are imported and linked to the exchange rate, and non-tradable goods, which are local such as services and others,” stressing by saying, “If we collect tradable and non-tradable goods, we will find that Inflation has not increased more than 6%, and therefore it is considered reasonable and controlled inflation compared to the significant devaluation of the dinar.  
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rocky
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Prime - An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar” Empty A government advisor sets a condition for deciding the value of the Iraqi dinar

Post by rocky Fri 25 Jun 2021, 7:37 am


[size=30]A government advisor sets a condition for deciding the value of the Iraqi dinar


2021-06-25
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Yes Iraq: Baghdad

Today, Friday, the Prime Minister’s Adviser for Financial Affairs, Mazhar Muhammad Salih, pledged an improvement in the value of the dinar on several conditions that must be met and achieved, while determining the rate of high inflation in the country.
 
Saleh said, in press statements, that "the improvement in the value of the Iraqi dinar is related to the economy's ability to grow if significant growth is achieved in the economy and not rentier growth," noting that "expectations indicate a current growth of 2.5%, and this growth parallels the growth of the real population."
 
He added that "this needs the right development, reducing unemployment, increasing job opportunities, and flourishing investment projects, which encourage and generate income that compensates for oil, and gives sustainability in returns, and sustainability with the strength of the economy," noting that "there are two important things, the first is monetary policy that maintains On the stability of the exchange rate, and create a stable environment for a long period, and the second is to support investment projects for development and achieve growth, because without growth the situation will be bad.”
 
Regarding the rate of inflation, Saleh explained that “there are two types of goods, tradable goods, most of which are imported and linked to the exchange rate, and non-tradable goods, which are local such as services and others,” stressing that: “If we collect tradable and non-tradable goods, we will find That inflation did not increase more than 6%, and therefore it is considered reasonable and controlled inflation compared to the significant devaluation of the dinar.”
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rocky
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Prime - An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar” Empty Al-Kazemi’s advisor bets the improvement in the value of the dinar on several conditions and determi

Post by rocky Fri 25 Jun 2021, 7:39 am

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- conscious - Muhammad Al-Talbi
Today, Friday, the Prime Minister’s Adviser for Financial Affairs, Mazhar Muhammad Salih, pledged an improvement in the value of the dinar on several conditions that must be met and achieved, while determining the rate of high inflation in the country.
Saleh told the Iraqi News Agency (INA): "The improvement in the value of the Iraqi dinar is related to the economy's ability to grow if significant growth is achieved in the economy and not rentier growth," noting that "expectations indicate a current growth of 2.5%, and this growth parallels population growth." Real".
 He added that "this needs the right development, reducing unemployment, increasing job opportunities, and flourishing investment projects, which encourage and generate income that compensates for oil, and gives sustainability in returns, and sustainability with the strength of the economy," noting that "there are two important things, the first is monetary policy that maintains On the stability of the exchange rate, and create a stable environment for a long period, and the second is to support investment projects for development and achieve growth, because without growth the situation will be bad.
Regarding the rate of inflation, Saleh explained that “there are two types of goods, tradable goods, most of which are imported and linked to the exchange rate, and non-tradable goods, which are local such as services and others,” stressing that: “If we collect tradable and non-tradable goods, we will find Inflation did not increase more than 6%, and therefore it is considered reasonable and controlled in comparison with the significant devaluation of the dinar.
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Diamond
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Prime - An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar” Empty Re: An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar”

Post by Diamond Fri 25 Jun 2021, 1:18 pm

Iraqi's could talk a caf outta a tree  lol!

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rocky
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Prime - An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar” Empty Governmental Adviser: The improvement in the value of the Iraqi dinar is linked to achieving a long-

Post by rocky Sat 26 Jun 2021, 7:04 am

Governmental Adviser: The improvement in the value of the Iraqi dinar is linked to achieving a long-term monetary policy
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Mazhar Muhammad Salih, the financial advisor to the Prime Minister, said that the stability of the dollar exchange rate and the improvement in the value of the Iraqi dinar are linked to two main things.
Saleh stressed in press statements that raising the value of the dinar comes through the monetary policy that maintains the stability of the exchange rate for a long period in addition to supporting investment projects and the ability of the Iraqi economy to grow, indicating that the current growth rate is two point five percent, and this rate corresponds to the real growth of the population.
He pointed out that proper development requires reducing unemployment rates, increasing job opportunities, developing investment projects, and creating revenues for the state treasury away from oil in order to achieve sustainable returns and the economy.
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