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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


    The world identifies 3 gates for Iraq to put its money in.. 40 billion dollars will overflow in coff

    Rocky
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    The world identifies 3 gates for Iraq to put its money in.. 40 billion dollars will overflow in coff Empty The world identifies 3 gates for Iraq to put its money in.. 40 billion dollars will overflow in coff

    Post by Rocky Mon 04 Jul 2022, 10:30 am


    [size=30]The world identifies 3 gates for Iraq to put its money in.. 40 billion dollars will overflow in coffers and the opportunity may not return again

    2022-07-04
    [/size]
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    Yes Iraq: Baghdad

    Experts expect that with the increase in oil prices, Iraq will have by the end of the year 120 billion dollars, and while Iraq's expenses are estimated according to last year's budget about 80 billion dollars, it is possible to say that 40 billion dollars will be surplus funds in state coffers, amid questions about how The state will invest this money, especially since oil prices may decline in the coming years and it is unlikely that they will return to record the current rise, which makes this opportunity, which achieved a financial surplus, may not return to Iraq again.
     
    The Iraq Economic Contact Group issued a statement after a meeting of the seven countries, the European Union, the World Bank and the International Monetary Fund, and the meeting came out by encouraging the Iraqi government to revive its economic reform agenda, and identified 3 necessary doors to invest the surplus funds.
    The group stated in a statement that "the G7 countries, the European Union, the World Bank and the International Monetary Fund met yesterday to launch the joint presidency between Japan and the United Kingdom for the Economic Contact Group for Iraq."
    Diversification of the economy and resilience
    She added that "economic diversification and resilience are essential to the future prosperity of Iraq, as this will lead to the provision of basic services for all, economic opportunities, including for women and youth, inclusive growth and greater stability for Iraqi society."
    The Economic Contact Group for Iraq indicated that it continues to "stand ready to support the Iraqi government in implementing this important agenda for the Iraqi people."
    Investing in Iraq's future.. green infrastructure and energy sources
    The group encouraged the Iraqi government to "revive its economic reform agenda, using the increased oil revenues to invest in Iraq's long-term future, specifically improving infrastructure, providing water and electricity, human development, and shifting to green energy sources."
    Establishing a strong financial sector... and a thriving private sector
    It called on the Iraqi government to "incorporate climate considerations into its investments and development plans to improve food, water and energy security," noting that "the establishment of a thriving private sector is critical."
    The contact group stressed the need for “reforms to focus on improving competitiveness at the local and international levels, improving transparency and addressing corruption, as well as supporting the Iraqi economy, having a strong and independent financial sector, and a regulatory and tax environment that encourages increased business, and this in turn will allow the dynamic and young workforce in Iraq to thrive.” Creating businesses for the future, as well as attracting foreign investment.
    The group concluded, "The presence of a strong and targeted social safety net that ensures that the most vulnerable groups receive adequate support, the Iraq Economic Liaison Group will work to encourage the Iraqi government to move forward with reforms in this regard."
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