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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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International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars

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International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars Empty International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars

Post by rocky Fri 09 Dec 2022, 4:25 am

[size=35][size=35]International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars[/size]
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Economie

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2022-12-09 | 04:23
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Alsumaria - Economy
The International Monetary Fund expected the Central Bank of Iraq's foreign exchange reserves to rise to 100 billion US dollars in 2024.


In the final statement of the Article IV consultation mission for the year 2022, the fund experts said, "[You must be registered and logged in to see this link.]'s economic prospects are positive in the short term, but weaknesses can clearly manifest themselves in the medium term, and we expect Iraqi oil production to gradually rise from (4.4) million barrels." to 5 million barrels per day by 2027.





 
The statement added, "The growth of real non-oil GDP is expected to accelerate, reaching 4 percent in 2023, thanks to the stimulus that arose from the Emergency Support for Food Security and Development Act, before that rate moderated to reach 3.5 percent on average." medium term".
 
And the statement continued, “Within the framework of baseline expectations of a decline in global oil prices, and the continuation of the expansionary stance of public financial policy, the balance of public finances and the balance of external balance is expected to decline, and turn into cases of decline.”[You must be registered and logged in to see this link.]By 2025, besides, foreign currency reserves of the central bank could peak at about $100 billion in 2024, and then decline rapidly in the medium term.”
[rtl]Related articles[/rtl]

A few days ago, it was announced[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]For the first time, the cash reserve exceeded the $90 billion mark.
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International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars Empty International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars

Post by rocky Fri 09 Dec 2022, 5:45 am

[rtl]International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars[/rtl]

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Sumeria - Economy
The International Monetary Fund expected the Central Bank of Iraq's foreign currency reserves to rise to 100 billion US dollars in 2024.

[rtl]

In the final statement of the Article IV consultation mission for the year 2022, the fund's experts said, “Iraq's economic prospects are positive in the short term, but weaknesses can clearly manifest themselves in the medium term, and we expect Iraqi oil production to rise gradually from (4.4) million barrels.” to 5 million barrels per day by 2027.

 
The statement added, “The growth of real non-oil GDP is expected to accelerate and reach 4 percent in 2023, thanks to the stimulus that arose from the Emergency Support for Food Security and Development Act, before that rate moderated to reach 3.5 percent on middle term.”
 
And the statement continued, “Within the framework of baseline expectations of a decline in global oil prices, and the continuation of the expansionary stance of public financial policy, the balance of public finances and the balance of external balance is expected to decline and turn into deficits by the year 2025, and in addition to that, it is possible to reach the central bank's foreign exchange reserves peak at about $100 billion in 2024, and then decline rapidly over the medium term.”
 
A few days ago, the Central Bank of Iraq announced that the cash reserve had crossed the $90 billion barrier for the first time.



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