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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: Iraq is living in its best financial condition

    Rocky
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    advisor - Al-Kazemi's advisor: Iraq is living in its best financial condition Empty Al-Kazemi's advisor: Iraq is living in its best financial condition

    Post by Rocky Fri Apr 15, 2022 11:06 am

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    •  Today, 13:24



    Baghdad - INA - Nassar Al-Hajj
    , the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that Iraq is living in its best financial conditions, while ruling out the government's resort to external borrowing.
    Saleh said, in a statement to the Iraqi News Agency (INA): "Iraq today is living in its best financial conditions in its modern history in terms of cash flows."
    He called for "the necessity of employing these cash flows in productive investments for the resource of the national economy, as well as the operation of national human resources in activities that should be income-generating and wealth-promoting at the same time."
    He added that "investment policies for large resources require operating them with economic joints in order to achieve financial and economic sustainability," noting that "exceptional circumstances are what impose a borrowing policy, including the deficit of government revenues due to the cycle of declining oil assets."
    He stressed that "the rise in oil prices and the resulting large rentier revenues will obviate the idea of ​​external government borrowing."

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