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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 Independent: The deteriorating economic reality warns of new protests in Iraq

    Rocky
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    The Independent: The deteriorating economic reality warns of new protests in Iraq Empty The Independent: The deteriorating economic reality warns of new protests in Iraq

    Post by Rocky Mon 02 Jan 2023, 4:55 am

    The Independent: The deteriorating economic reality warns of new protests in Iraq

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    Economy News-Baghdad
    The Iraqi Prime Minister, Muhammad Shia' al-Sudani, realizes that his government has a great opportunity to change the reality of its citizens and achieve their aspirations by providing services and job opportunities and combating corruption.
    Field trip
    On the morning of Sunday, January 1, Al-Sudani conducted an inspection field tour in several areas of the capital, Baghdad, where he met with a number of citizens with whom he exchanged congratulations on the advent of the new year, listened to their demands and needs, and was briefed on their living and service conditions.
    The Prime Minister inspected a number of security points located in the streets of the city, met with the personnel present there, and appreciated their perseverance in performing duty in various circumstances and times, directing them towards more giving and exertion in order to facilitate the requirements and daily needs of citizens, and to provide assistance as part of duties and tasks.
    Al-Sudani followed up on the field a number of work sites belonging to the service and engineering effort, and was briefed on the progress of completion and completion of the service tasks specified for those sites, and stressed the need to complete and overcome obstacles in order to meet the aspirations of citizens.
    The year 2023 opens up a lot of expectations and speculations about the new Iraqi government and the mechanism for providing its services to citizens, especially as it enters the year with a different reality than previous governments.
    political bets
    Because of the deteriorating economic and social conditions of the Iraqis, Iraq may witness a "hungry revolution" at the beginning of 2023. The political and economic researcher, Nabil Jabbar Al-Tamimi, said, "There are big political bets about the return of protests quickly, as opposition political parties and others withdrawn from the political scene are waiting and watching." And it looks forward to the return of the protests to make it a new starting point, while the current government and the parties supporting it are working to make the government project a success and implement the goals.
    Statistically, according to Al-Tamimi, "the persistence of high unemployment rates at 16.5 percent and the poverty rate at 25 percent may motivate people to protest and demonstrate, and this is what the ruling forces have realized today and worked to absorb greater unemployment through a large-scale employment campaign that the country has not witnessed for eight years." years, by employing and installing about 400,000 individuals or more, despite warnings of the dangers of expanding the government bill.
    absorption of causes
    On the other hand, the political researcher, Ali Al-Baydar, ruled out that the matter would lead to demonstrations and a revolution of the hungry, attributing the reason to the fact that the country "has great financial potential." He added, "Most of the 2023 budget will be paid as salaries to employees, and new employees will be appointed in order to absorb unemployment, eradicate poverty, and address the state of popular discontent experienced by Iraqis as a result of their economic conditions. Moreover, the political scene appears more stable than before, and this confirms that any movement in the street It would be a cacophony, given the political circumstance."
    He continued, "There is no possibility of demonstrations or protests taking place except in one case, which is represented by the movement of the Sadrists as a result of their provocation by the parties in power or the occurrence of something that drives them to do so," noting that "the Iraqis today have reached the point of despair and despair regarding the occurrence of internal change, even through elections." Which did not bring them reform or even the desired change, and they began to look forward to an external change that would end the political chaos that the country has been living through since 2003, and this will not happen in the near future.
    economic risks
    In the context, economic researcher Bassam Raad suggested that “this year will be another year of uncertainty fraught with economic risks, accompanied by a cycle of fluctuation of oil assets between ups and downs, in addition to the delay in the draft budget law for the year 2023, which expresses the government program for a year according to the contents of the budget and its eight dimensions ( social, political, economic, financial, legal, administrative, computational, and informational).
    Raad acknowledged that “the delay in approving the budget affects the economic growth of the country. It also appears that the draft budget for the year 2023 is no different from its predecessor, and this means that the budget has not been structured and transformed into a budget for goals and programs, in addition to that the fiscal surplus achieved in 2022 will be used to bridge the planned fiscal deficit.” It is expected in the draft budget for the year 2023, and accordingly, the previously accumulated crises will remain unresolved.
    Raad continued, "The economy suffers from many weaknesses, foremost of which are unemployment, inflation, and accumulated crises in the housing and health sectors. Therefore, in order to maintain societal stability, inflation must be combated and maintained at acceptable levels, and the unemployment scourge must be fought by providing a safe and encouraging investment environment for the private sector. Otherwise, The gates of the unknown will be wide open.
    2023 challenges
    On the other hand, the representative of the "Sadiqoon" bloc, Muhammad Al-Baldawi, identified the most prominent tasks facing the government for the new year during the year 2023, noting that "approving the budget advances these tasks, since the approval of the law is linked to the implementation of the government curriculum." Al-Baldawi said, "The first challenge facing the government for the new year is approving the budget, as its approval will accelerate the implementation of the government's program and approach, especially in the service and economic field, as well as controlling the exchange rate of the currency and facing the challenge of the United States by obstructing it from providing Iraq with the hard currency that exists in the country." The Federal Reserve as Safeguards". He added, "One of the most important things that the government will face is conducting the general population census because of its repercussions in the field of planning and ending the annually renewed problem between the Kurdistan region of Iraq and the center regarding the region's share of the budget, and therefore some governing laws such as the oil and gas law can be approved."
     Al-Baldawi continued, "As for the other challenge, it is holding provincial elections, followed by combating administrative and financial corruption."

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    Added 01/02/2023 - 9:23 AM
    Updated 01/02/2023 - 1:23 PM


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