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Neno's Place Established in 2006 as a Community of Reality


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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


    Aware / an economist explains that decreasing the dollar exchange rate increases the budget deficit

    Rocky
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    Aware / an economist explains that decreasing the dollar exchange rate increases the budget deficit Empty Aware / an economist explains that decreasing the dollar exchange rate increases the budget deficit

    Post by Rocky Wed 01 Feb 2023, 6:11 am

    [size=32]Aware / an economist explains that decreasing the dollar exchange rate increases the budget deficit[/size]

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    Conscious / Baghdad
    The economist, Dr. Safwan Qusai, explained that reducing the exchange rate of the dollar from the official rate of 1450 dinars will lead to an increase in the budget deficit for the current year.
    "The Minister of Finance has confirmed in a previous statement that the exchange rate of the dollar against the dinar will not change, as the dollar will continue to be sold at 1450 for the current year ," Qusai said in an interview reported by the interviewer. (Iraqi Media News Agency / INA).
    He added, "The process of having obligations on the dinar through the employee compensation item or through commodity and service supplies, the process of improving the value of the dinar at this time will cause a kind of additional deficit in the budget."
    And that "fixing the exchange rate is the approach followed with the need to support the poor and fragile classes and those with limited income as a result of high prices for global reasons or as a result of the current depreciation of the dinar due to the lack of a regular commercial market in the current period.”
    v / g. M
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