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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    An Economic Warning Against Wasting Large Amounts Of Money After The Fourth Wave Of The Rise In Oil

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 279064
    Join date : 2012-12-21

    An Economic Warning Against Wasting Large Amounts Of Money After The Fourth Wave Of The Rise In Oil Empty An Economic Warning Against Wasting Large Amounts Of Money After The Fourth Wave Of The Rise In Oil

    Post by Rocky Thu 17 Feb 2022, 6:03 am

    [size=38]An Economic Warning Against Wasting Large Amounts Of Money After The Fourth Wave Of The Rise In Oil
    [You must be registered and logged in to see this link.]
    LAST UPDATE 02/17/2022 | 2:38 PM
    [/size]
    [You must be registered and logged in to see this link.]

    [You must be registered and logged in to see this link.]

    The Information / Baghdad..
    The economic expert, Basem Antoine, called on the government, on Thursday, not to continue to pursue a backward policy in managing the economic file, especially with the rise in global oil prices, indicating that the Sovereign Fund of Iraq has become a requirement to end dependence on oil.
    Antoine said in a statement to "The Information", "Over the past years, Iraq witnessed four waves of high global oil prices, but it did not invest them properly, as the price of oil currently exceeds 95, meaning an estimated surplus of about 40 dollars per Iraqi barrel."
    He added that "strategic and development projects, basic infrastructure, and the establishment of a sovereign fund, as it is in the oil-rich countries, will ensure the end of Iraq's dependence on oil in the coming period."
    Antoine pointed out that “the continuation of a backward policy in managing the surplus of oil prices and not diversifying the source of Iraq’s income will bring to Iraq an economic disaster, as happened two years ago when the government was unable to distribute salaries and was forced to reduce the price of the dinar and an unprecedented economic stumble.” End / 25 D
    [You must be registered and logged in to see this link.]

      Current date/time is Mon 14 Oct 2024, 10:44 pm