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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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    Iraq looking to maximize its resources away from oil

    wciappetta
    wciappetta
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    Iraq looking to maximize its resources away from oil Empty Iraq looking to maximize its resources away from oil

    Post by wciappetta Sun 02 Nov 2014, 6:00 am

    [ltr]This economic climate is going to motivate the Parliamant to enact some laws[/ltr]


    [ltr]Iraq looking to maximize its resources away from oil[/ltr]
    [ltr]SUNDAY, OCTOBER 2/02 NOVEMBER 2014 11:29 M P[/ltr]






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    [ltr]Twilight News / revealed Finance Minister Hoshyar Zebari, for his ministry to discuss some of the measures aimed at maximizing the financial resources of the state in the near future and in accordance with the necessary legislation, which would be endorsed by Parliament for this purpose.
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    [ltr]
    Zebari said that "the ministry is waiting for the House of Representatives legislation laws and regulations to maximize the financial resources in the country and find other economic resources will complement the general budget is oil, which is a source approved by the President entirely in the preparation of the state budget over the past ten years."
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    [ltr]
    He added, "The competent ministerial committee of financial and economic affairs discussed the fiscal policy in the country and provided insights into the Council of Ministers on this issue, which has been reviewed a number of ideas and practical suggestions to overcome the current crisis," the government's measures came against the backdrop of the significant decline that hit returns financial state as a result there has been a striking decline in oil prices on the global as well as local production of crude oil due to the volume of material security and emergency conditions.
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    [ltr]
    He explained Zebari, said the ministerial committee mentioned a meeting in which he stressed the need to "reduce non-core expenditures in ministries and state bodies allocations and pressure on spending as much as possible to avoid the aggravation of the financial crisis and low liquidity," he said, adding that the meeting discussed a number of options available to the government to finance the deficit of sources available during the remainder of the current fiscal year period.



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