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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


    Financial Adviser: The government plans to distribute funds instead of the ration card items

    Rocky
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    Financial Adviser: The government plans to distribute funds instead of the ration card items Empty Financial Adviser: The government plans to distribute funds instead of the ration card items

    Post by Rocky Wed 27 Jul 2022, 5:25 am

    Financial Adviser: The government plans to distribute funds instead of the ration card items

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    Economy News-Baghdad
    Adviser to the Prime Minister for Economic Affairs, Dr. Mazhar Muhammad Salih, noted that the in-kind support provided by the government to the segments covered by the ration card is better than the financial support that is being planned for implementation.
    Saleh said in a statement to "Al-Sabah": The Council of Ministers had earlier put forward a proposal to issue smart cards to disburse money instead of the ration card.
    He explained that Iraq needs a commodity offer that the monetary alternative may not provide, and therefore does not fulfill its purpose, indicating that the monetary solution is better and easier for the government, but it is not in the interest of the citizen.
    In turn, the economic expert, Alaa Al-Fahd, pointed out during his speech to "Al-Sabah" that the adoption of the cash alternative would raise prices in the markets, in addition to what we are witnessing from the high prices of foodstuffs globally.
    He added that raising the exchange rate of the dollar against the dinar had an impact on the Iraqi market as a result of its dependence on imports.
    He added that there is a large segment of society suffering from poverty and unemployment, according to surveys conducted by the Ministry of Planning, and therefore these segments need greater support than the ration card, which requires the next government to achieve food security for the poor and fragile classes, according to what is done in the countries of the world.
    Al-Fahd warned of the need to reconsider and take into account the distribution of ration items according to a criterion in which the poorest segments are identified, wondering at the same time, is what is distributed commensurate with the amounts of money spent, or is this file tainted by corruption and great waste deals, (he said).
    And he indicated that Iraq is one of the countries threatened by the food crisis as a result of being affected by the rise in prices, especially in flour and oil, pointing out that wheat, which is the basic material in achieving food security, currently covers 35-40 percent of the local need, as two million tons are available in stores.
    Al-Fahd called on traders not to raise prices, taking advantage of the months in which the demand for foodstuffs increases, such as the months of Muharram and Ramadan, stressing the need to activate the role of regulatory authorities and hold price manipulators accountable, especially since the government issued decisions with customs and tax exemptions on foodstuffs to maintain their prices, as well as to support the local product. through the agricultural calendar.
     

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    Added 07/27/2022 - 9:17 AM
    Update 07/27/2022 - 1:24 PM


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