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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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    Parliament expects to achieve a fiscal surplus of $24 billion in 2023

    Rocky
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    Parliament expects to achieve a fiscal surplus of $24 billion in 2023 Empty Parliament expects to achieve a fiscal surplus of $24 billion in 2023

    Post by Rocky Tue 14 Feb 2023, 4:26 am

    Parliament expects to achieve a fiscal surplus of $24 billion in 2023

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    Economy News-Baghdad
    The Parliamentary Committee on Oil, Gas and Natural Resources announced today, Tuesday, that Iraq will achieve a financial surplus of more than 24 billion dollars this year, while determining the price of a barrel of oil in the budget.
    Committee member Zainab Juma al-Moussawi told the Iraqi News Agency that "the price of a barrel of oil will be in the current year's budget at about $65 per barrel, which will achieve a financial surplus," noting that "current expectations indicate a continued rise in crude oil prices between $85-100 in global markets." This year, as a result of the increasing demand for it by the European Union and some other countries, following the Russian-Ukrainian war.
    She added, "The size of the financial surplus for this year is 68,000,000 million dollars daily, and 2 billion and 40 million dollars per month, so that the annual total is 24 billion and 480 million dollars," stressing "the need to invest the financial surplus in developing industry and agriculture and supporting the foundations of the real private sector, to operate factories and laboratories." and the production of locally made goods and services, in conjunction with the gradual re-taxation of locally produced goods.
    And she stressed the importance of "activating the role of oversight and preventing the removal of locally produced commodities and keeping them at prices equal to or less than the prices of competing foreign commodities."


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