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


    Al-Kazemi's advisor: The financial abundance will address the problems left by the economic crisis

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269951
    Join date : 2012-12-21
    • Post n°1

    Al-Kazemi's advisor: The financial abundance will address the problems left by the economic crisis Empty Al-Kazemi's advisor: The financial abundance will address the problems left by the economic crisis

    Post by Rocky Tue 19 Apr 2022, 6:04 am

     Al-Kazemi's advisor: The financial abundance will address the problems left by the economic crisis

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




    Economy News - Baghdad
    Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, put forward mechanisms to address poverty, unemployment, inflation and price hikes.
    Saleh told the official news agency, "The financial abundance achieved as a result of the rise in international oil prices, and then the increase in the country's oil revenues, will address the social and economic problems left by the current economic crisis and its inflationary repercussions on the local economy, especially its impact on social groups."
    He explained, "The rise in food prices has had a significant impact on people with limited incomes, in particular, and now constitutes 80 percent of their income, which will lead to an increase in poverty rates in the country," noting that "monetary policy follows the performance of fiscal policy accurately and its role in raising income levels. and livelihood for the affected classes and the advancement of the policy of operating projects, which leads to raising population growth rates.”
    He added, "The indicators of poverty and unemployment can recede through 4 measures represented in supporting social welfare, supporting the components of the ration card, supporting the prices of agricultural crops and grains, in addition to operating important lagging projects," noting that "the role of fiscal policy lies in the full use of financial surpluses. Face, even if there are some indications of a rise in prices, as long as the requirements for protecting the poor classes are provided by subsidizing incomes and prices and providing real income that supports those affected social segments.
    He continued, "Fiscal policy is working to combat the repercussions of rising inflation, as monetary policy will have a broader role in the development of the country's reserves that support the purchasing power of the dinar, allowing the defense of monetary income and a broader purchasing power through a strict monetary policy."
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 12 May 2024, 7:35 pm