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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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    The government launches policies to tackle inflation

    Rocky
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    The government launches policies to tackle inflation Empty The government launches policies to tackle inflation

    Post by Rocky Mon 27 Jun 2022, 5:21 am

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    [size=52]The government launches policies to tackle inflation[/size]

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     Baghdad: Rola is confident
    The government is heading to launch anti-inflation policies in the country, during the next stage, to confront the food and energy crisis, after its rise in global markets by 45 percent from the previous one.

    Adviser to the Prime Minister for Economic Affairs, Dr. Mazhar Muhammad Salih, said in a statement: The global inflation crisis has greatly affected Iraq, as it imports the ration card items, which represent basic commodities for the citizen by 90 percent, noting that the rise in global prices has a negative impact on the country.
    He added, that the poor classes depend on the ration card items equivalent to 80 percent of their income, which the government is forced to provide despite the great financial burden to avoid nutrition problems and the increasing area of ​​poverty and exposure to famine.
    Saleh added, that the government also provides financial support for agricultural production supplies such as fertilizers and seeds, as well as egg and chicken production materials, of which Iraq imports 70 percent from abroad, noting that it has taken another measure represented in zeroing the cost of taxes from duties and customs on goods for a period of six months. It is renewed every three months, which contributes to absorbing a large part of inflation and price increases.
    However, he added that the energy crisis is no less dangerous than the food crisis, for without government support for oil derivatives, especially gasoline, a large part of which is imported daily despite its high prices globally, major problems would have occurred, stressing that the state kept the prices of its services fixed to face inflation in all its forms.
    Editing: Najm Sheikh Dagher
    Disclaimer: All published articles represent the opinion of its authors only[/size]
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