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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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    Al-Kazemi’s advisor on the delay in approving the 2022 budget: Iraq is committed to the Financial Ma

    Rocky
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    Al-Kazemi’s advisor on the delay in approving the 2022 budget: Iraq is committed to the Financial Ma Empty Al-Kazemi’s advisor on the delay in approving the 2022 budget: Iraq is committed to the Financial Ma

    Post by Rocky Wed 15 Dec 2021, 6:28 am

    Al-Kazemi’s advisor on the delay in approving the 2022 budget: Iraq is committed to the Financial Management Law by spending 1/12

    •  Time: 12/14/2021 19:51:55
       
    •  Reading: 2,600 times

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    {Economic: Al Furat News} The economic and financial advisor to the Prime Minister, Mazhar Muhammad Salih, commented on Tuesday about the delay in approving the 2022 budget law and its impact on the local market.
    The useful summary.. In important news, you can find it on Al-Furat News Channel on Telegram.. [You must be registered and logged in to see this link.]
    Saleh told Al Furat News that: "The delay in approving the budget does not affect the economic situation for 2021 until the beginning of 2022. Iraq is committed to the financial management law by spending 1/12 of the corresponding month in the preceding year unless the 2022 budget is approved."
    He added, "The exchange is for the actual current expenditures for the previous fiscal year, and there is a management of matters, and the law regarding financial revenues is fixed from the country's oil resources and taxes, and its procedures are fixed."
    Saleh pointed out, "A lack of law affects the economic situation, for not entering the country with any new project and its impact is in terms of investment projects, disrupting the economy, and preventing the conclusion of any agreement, treaty or legislation of any new financial law."
    He stressed, "Indicating that the private sector remains ignorant of the economic situation and its trends, which creates uncertainty about the future economic situation."
    Saleh concluded, "The presence of budgets at the beginning of each year helps advance the economy more."
    From: Raghad Daham
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