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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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    An expert reveals the impact of voluntary production cuts on the budget

    Rocky
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    An expert reveals the impact of voluntary production cuts on the budget Empty An expert reveals the impact of voluntary production cuts on the budget

    Post by Rocky Tue 04 Apr 2023, 5:21 am

    An expert reveals the impact of voluntary production cuts on the budget
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    Baghdad today - Baghdad
    Today, Monday, oil expert Hamza Al-Jawahiry revealed the impact of the voluntary reduction of oil production by Iraq on the budget deficit.
    Al-Jawahiri said, to "Baghdad Today", that "the goal of the voluntary reduction of oil production by Iraq and other countries is to raise oil prices in the global market, because there are fears of reducing the price in the coming days, and this step will certainly have a significant impact on oil prices." ".
    And he indicated that "raising oil prices by such a step will not have any effect on the deficit in the general budget of the Iraqi state," noting that "even if the oil price rises, this rise will cover the shortfall in Iraq's daily oil exports, but this step may have an impact." increase the deficit due to reduced exports.
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