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Neno's Place Established in 2006 as a Community of Reality


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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

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


    Economist: Poverty Reduction Measures Will Not Work In Light Of High Prices

    Rocky
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    • Post n°1

    Economist: Poverty Reduction Measures Will Not Work In Light Of High Prices Empty Economist: Poverty Reduction Measures Will Not Work In Light Of High Prices

    Post by Rocky Sat 26 Mar 2022, 6:12 am

    [size=38]Economist: Poverty Reduction Measures Will Not Work In Light Of High Prices
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    LAST UPDATE 03/26/2022 | 9:12 AM
    [/size]
    [You must be registered and logged in to see this link.]People shop at the Shorja market in central Baghdad ahead of the Muslim Eid al-Adha holiday amid the COVID-19 pandemic, on July 28, 2020. (Photo by SABAH ARAR / AFP)

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    The Information/Baghdad...
    The economic expert, Ihsan Al-Kinani, confirmed that the measures taken by the government under the pretext of relieving the people as a result of the high prices will not work, as the poverty rate will continue to rise.
    Al-Kinani told "Al-Information", that "the government's measures to reduce prices are just a media aura that did not change anything from reality, as prices are still high and there has been no significant decrease on the part of the citizen."
    He added, "The world is adapting to changes, especially with regard to food security, but the main problem in Iraq lies in the lack of a real will for industry and to cover local needs, which makes everyone depend on imports, at a time when markets are witnessing a rise in the dollar exchange rate due to a government decision that came to benefit them." But it hurt the people a lot.”
    Al-Kinani indicated that “restoring the cash reserve of the Central Bank and overcoming the economic crisis of the government cannot be through increasing the poverty rate, and achieving financial abundance through the people, as the optimal solution to reduce the poverty rate depends on reducing the dollar exchange rate, and compensating this decrease with the financial surplus from oil prices.” which exceeded 120 dollars a barrel. finished/ 25 n
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