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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


    “Iraq is going through major changes.” Parliamentary Finance identifies 3 factors that control the 2

    Rocky
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    “Iraq is going through major changes.” Parliamentary Finance identifies 3 factors that control the 2 Empty “Iraq is going through major changes.” Parliamentary Finance identifies 3 factors that control the 2

    Post by Rocky Sat 23 Dec 2023, 4:25 am

    “Iraq is going through major changes.” Parliamentary Finance identifies 3 factors that control the 2024 budget
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    Baghdad today - Baghdad
    Today, Saturday (December 23, 2023), member of the Parliamentary Finance Committee, Mudar Al-Karawi, identified three factors that control Iraq’s budget for the year 2024 .
    Al-Karawi said in an interview with “Baghdad Today” that “the volume of actual and total spending for Iraq in the year 2024 may exceed the current year, amid expectations of an increase in the exchange rate with the launch of more than 1,300 service projects nationwide,” pointing out that “the economic situation is recovering.” But very slowly due to accumulations extending over years.”
    He added, "It is not possible to be certain from now that inflation will remain at its current levels. It may decrease or rise, in addition to not confirming that a financial deficit in 2024 will be larger or smaller than the current year," noting that "Iraq is living with major changes after the Gaza war and its repercussions that have affected it." “It began to be monitored through what is happening in Bab al-Mandab and other areas, and the possibility of expanding confrontations in the Middle East in general.”
    Al-Karawi indicated, “The Finance Committee will hold a series of meetings with the Ministry of Finance and the rest of the institutions concerned with the economy at the beginning of next year, to determine the expected deficit rates and what solutions are proposed,” pointing out, “Stability and oil prices that are compatible with the country’s needs and exchange mechanisms are all factors.” Influencing the 2024 budget.”
    After a difficult struggle that extended for months, the House of Representatives voted on the general financial budget for the years 2023, 2024, and 2025 last June, after a series of sessions that extended until the early hours of the morning, which resulted in a tripartite budget, the highest in the history of Iraq, as it was described as “explosive” in value. 198 trillion and 910 billion dinars.
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