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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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    An expert "blows up" Al-Kazemi's celebration of Iraq's achievement of the highest economic growth!

    rocky
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    • Post n°1

    An expert "blows up" Al-Kazemi's celebration of Iraq's achievement of the highest economic growth! Empty An expert "blows up" Al-Kazemi's celebration of Iraq's achievement of the highest economic growth!

    Post by rocky Sat 30 Apr 2022, 8:22 am


    [size=30]An expert "blows up" Al-Kazemi's celebration of Iraq's achievement of the highest economic growth!

    2022-04-30
    [/size]
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    Yes Iraq: Baghdad

    Social media and social media have been busy over the past few days with a World Bank report, followed by statements by Prime Minister Mustafa Al-Kazemi, celebrating Iraq's record of the highest economic growth at the level of Arab countries, at a rate of 9.5% during 2022 and 2023.
    On the impact of this report, Al-Kazemi came out in a statement to the official newspaper, stressing that "the government's success in achieving the highest economic growth rate in two years."
    Economist Imad Abdel Latif said, "During two years of the government's work, we succeeded in achieving the highest economic growth rate in the Arab countries, according to International Monetary Fund reports, which expected that the economic growth rate in Iraq would reach 9.5% during 2022 and 2023."
    He added that "this is not an "achievement" at all, Mr. President," noting that "the reports of the International Monetary Fund talk about the" economic growth rate", with complete coldness and "neutrality"...and its "indicators" should not be cited without understanding them "economically, in a way that Right, and right.”
    And he continued, "This fund, when it talks like this (without explaining the details), puts us all in its "box", and laughs at us, laughs at us... It's okay... but it shouldn't laugh at the "highest" official in charge of "managing" the economy in The country, deluding it with “faceted” statements, makes it market its statements about the economy as absolute facts.
    He added that "anything you produce and sell, and its production increases, or its selling prices rise, will automatically raise what is called in the economy the "output growth rate", or the "economic growth rate" except that the output in Iraq .. is oil, nothing .. Except for oil, its prices rose to above $100 a barrel, so it rose in our “dead economy” .. the “growth rate”. What is the achievement in that?” He pointed out that "we did not even raise oil production rates enough to benefit from this 'gift', or this 'rentier gift', or from the 'blessings' of the Russian-Ukrainian war, which descended on us from the sky, as did 'fossils'. “Oil millions of years ago, and it “disintegrated” in our land, and we “dissolved” with it (and because of it), and we are still “decaying.” There is no effort for us in that, no “production” from us and us, no “favor” for us over anyone in it, and no favor.
     
    He continued, "Even this oil..we do not control it..neither production nor pricing, nor supply nor demand,"others"made its price rise,not"we"..however,here we are humiliating,because"the growth rate “It may rise because of it.” He added, “The International Monetary Fund report talks about “expectations” about a high rate of economic growth in Iraq during 2022 and 2023, wondering: “Does your country know what will happen to this “growth rate” if oil prices rise in the second half of the year? 2022, to $150 per barrel? What will happen to this “growth rate” if oil prices fall in the first half of 2023 to $70, or $60 per barrel (and everything is permissible and possible in the strange world of the oil market, and its related Strange predictions?
    He added, "But the difficult (and embarrassing) question here is not "joy" at the high rate of "economic growth", but rather it is... What will your "state" do with this high rate of "economic growth... the president's country???".
     
    Abdul Latif concluded that “the fund has no preference over us..and your “state” has no preference over us..Mr. President, the credit, all credit, is to oil alone..it has no partner..and no alternative..forever and ever.
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