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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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    How to overcome the economic plight caused by the pandemic in Iraq? .. An expert clarifies

    Rocky
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    How to overcome the economic plight caused by the pandemic in Iraq? .. An expert clarifies Empty How to overcome the economic plight caused by the pandemic in Iraq? .. An expert clarifies

    Post by Rocky Sun 26 Sep 2021, 6:59 am

    How to overcome the economic plight caused by the pandemic in Iraq? .. An expert clarifies

    •  Time: 9/25/2021 18:28:55
       
    •  Reading: 1,183 times

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    {Economic: Al Furat News} The oil expert, Hamza Al-Jawahiri, explained, on Saturday, the mechanism for overcoming the economic ordeal caused by the Corona pandemic in Iraq.
    The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
    Al-Jawahiri told Al-Furat News that "with the rise in oil prices, Iraq will be able to overcome the economic ordeal caused by the pandemic."
     He added, "All countries resort to coexistence with Corona after adopting special vaccines and medicines to contain the pandemic, and this will reflect positively on oil prices."
    With regard to covering the federal budget deficit for the fiscal year 2021, Al-Jawahiri explained that "if the budget deficit is covered, the situation will be better than the new budget, provided that the current oil barrel price is maintained until the end of this year."
     The financial advisor to the Prime Minister, Mustafa Al-Kazemi, revealed the completion of the draft federal budget bill for 2022.
    Mazhar Muhammad Salih said in a press statement, that the financial authority represented by the Federal Ministry of Finance is close to completing the preparation of the draft federal budget bill for 2022, indicating that the Strategic Budget Committee, through its meetings held in more than 24 meetings over the year, has reached: The spending ceiling in the 2022 budget will not exceed the spending ceiling in the 2021 budget, and if there is an increase, it is likely to be 10%.
    And Saleh indicated that the only thing that has been updated in the 2022 budget is that the price of a barrel of oil will be around $50 per barrel, as announced by the Minister of Finance, and there are non-oil revenues that are supposed to increase, and therefore the assumed deficit that was proven in the 2021 budget is up to 29 trillion dinars. It is expected that it will decrease to 18-20 trillion dinars, which will lead to a decrease in the deficit and an increase in revenues.
    From: Raghad Daham / Tah: Wafaa Al-Fatlawy
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