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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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    An Economist Explains How To Go About Decreasing The Dollar Exchange Rate

    Rocky
    Rocky
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    An Economist Explains How To Go About Decreasing The Dollar Exchange Rate Empty An Economist Explains How To Go About Decreasing The Dollar Exchange Rate

    Post by Rocky Mon 14 Mar 2022, 5:39 am

    [size=38]An Economist Explains How To Go About Decreasing The Dollar Exchange Rate
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    LAST UPDATE 03/14/2022 | 10:11 AM
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    The Information/Baghdad...
    The economic expert, Safwan Qusay, explained how to move towards reducing the dollar exchange rate, pointing out that keeping the current price as it is should be faced with a number of measures to reduce poverty and the damages resulting from that.
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    Qusay told “The Information” that “the price of a barrel of oil, and if it is set at the level of $70 in the 2022 budget, and in front of a new exchange rate for the dollar (despite the lack of desire to reduce it), it is imperative that all public spending be reformulated according to the new price, as the deficit will be present. Because 70 percent of the budget goes to operational spending.
    He added that “the process of reconsidering the exchange rate will create a budget deficit according to the aforementioned estimates, as the best solution is to continue the exchange rate, provided that it is supported in the event that there is a possibility by the Central Bank to reduce this price gradually according to an announced schedule, provided that there is no sharp fluctuation in the markets.” Finance.”
    Qusay stressed the need for “there should be a review of all vocabulary in light of the exchange rate, so that the financial savings are exploited to support rations and social welfare and increase the amount of investment projects, provided that there be financial engineering that matches the exchange rate, as things remain as they are.” Currently, it makes the country far from supporting local production, as well as losing control of poverty and unemployment.” finished/ 25 n
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      Current date/time is Mon 15 Jul 2024, 9:27 pm