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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


    Top 5 Leaps of Sustainable Economic Crises in Iraq.. Al-Sudani Speaks with “Numbers” as a Guest in P

    Rocky
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    Top 5 Leaps of Sustainable Economic Crises in Iraq.. Al-Sudani Speaks with “Numbers” as a Guest in P Empty Top 5 Leaps of Sustainable Economic Crises in Iraq.. Al-Sudani Speaks with “Numbers” as a Guest in P

    Post by Rocky Wed 04 Dec 2024, 4:03 am

    [size=35][size=35]Top 5 Leaps of Sustainable Economic Crises in Iraq.. Al-Sudani Speaks with “Numbers” as a Guest in Parliament[/size]
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    [You must be registered and logged in to see this link.]News-Politics

    solves[You must be registered and logged in to see this link.]Mohammed Shia Al-Sudani, today, Wednesday, is a guest on[You must be registered and logged in to see this link.]At his request, for the first time in two years, it will be under the dome.[You must be registered and logged in to see this link.]For only the second time as prime minister after the first time his government won confidence in October 2022, and while this hosting comes at the request of Al-Sudani specifically, this means that he has a lot to show before the council.[You must be registered and logged in to see this link.].


    Although[You must be registered and logged in to see this link.]Regarding the situation in Syria and security in the region, he is the leader, as official data says, but the data also indicated that[You must be registered and logged in to see this link.]It will include the economy, services, and the government program of Al-Sudani, which means that the various political forces that have been lying in wait for Al-Sudani for the past two years, especially in the recent period, will have a golden opportunity through which they may try to exploit Al-Sudani’s presence and appear as the “accountable person” of the Prime Minister to create an image of being “active in parliament” by directing questions to Al-Sudani, some of which may contain fallacies.



    It is known that the space for "political bidding" in[You must be registered and logged in to see this link.]Especially in the past few years, it is very profitable in the fields of economy and services, because it shows the political forces keen on the interests of citizens and some groups, so it is very expected that it will witness[You must be registered and logged in to see this link.]Talking and discussing economic and service issues related to the Sudanese government.


    [You must be registered and logged in to see this link.] to the ongoing crisis.. Non-oil revenues compete with oil revenues

    when[You must be registered and logged in to see this link.]Regarding the economy in the Sudanese era, it witnessed many fundamental changes, and some economic indicators were a "permanent mole" in the face of the Iraqi economy for 20 years, specifically non-oil revenues and the percentage of total revenues they constitute.

    During the current year and until last September, non-oil revenues constituted 11% of total revenues and amounted to more than 12.4 trillion dinars, while oil revenues constituted 89%.

    This percentage is absolutely unprecedented in the past years, when non-oil revenues did not exceed 5% of total revenues at best. In 2023, the percentage of non-oil revenues reached 7%, and in 2022 it reached 5%.

    Shakeup[You must be registered and logged in to see this link.]The most sustainable crisis.. Flared gas decreases

    As for flared gas, which is also one of the biggest economic crises in Iraq, the government has achieved an increase in the percentage of invested gas and stopped flaring gas.

    Previously, it was[You must be registered and logged in to see this link.]It produces 2,700 cubic meters of associated gas per day, invests 1,500 cubic meters of it, and burns 1,200 cubic meters per day. Now, it produces[You must be registered and logged in to see this link.]3 thousand cubic meters of gas per day, it invests more than 2 thousand cubic meters of it per day and burns only 1 thousand cubic meters, which means that the gas investment rate is 66%, while the burned rate is 34%, while in previous years the invested gas rate was between 50 and 55%, and the burned rate was between 50 and 45%.


    [You must be registered and logged in to see this link.] exports derivatives, does not import them

    In addition, the file of exporting crude oil and returning to importing fuel and derivatives is one of the most problematic issues that were considered "shameful" against Iraq, as the second largest oil producer in OPEC imports oil derivatives, as it was[You must be registered and logged in to see this link.]

    It imports derivatives worth more than $3 billion annually.[You must be registered and logged in to see this link.]It imports about 15 million liters of gasoline per day, 10 liters of kerosene per day, and about two million liters of kerosene per day.

    But in less than two years, the imports stopped.[You must be registered and logged in to see this link.]From kerosene and kerosene completely, but it became[You must be registered and logged in to see this link.]Kerosene is exported, while gasoline imports have decreased by about 70% from 15 to 5 million only, and it is hoped that gasoline imports will stop completely starting next year, with the completion of the opening of isomerization units in ongoing projects in some Iraqi refineries.


    [You must be registered and logged in to see this link.] of long years.. decreased by half in two years,

    one of the indicators that was troubling[You must be registered and logged in to see this link.]Also, it is the debt file, but although the current and mandatory operating expenses have increased significantly during the past two years to reach about 120 trillion dinars annually, and recording an actual deficit rate, the government balanced the borrowing story, so that external debts decreased by half within two years.

    While external debts amounted to about $ 20 billion in 2022, they decreased to about $ 16 billion in 2023, to recently decrease in 2024 to less than 9 billion.


    [You must be registered and logged in to see this link.] and the employment crisis
     
     The government has also taken pivotal steps regarding the unemployment crisis and the dual pressure on government employment. The legislation of the Social Security and Workers’ Retirement Law is one of the most important factors in balancing the public and private sectors. From only 19,000 insured workers, the number of workers registered in Social Security and Workers’ Retirement has reached about half a million workers so far.
    The measures related to employment and facilitating project support have led to a decrease in poverty rates from 23% to 17.6%, and the unemployment rate has decreased from 16.5% to 14.4%, according to the latest survey conducted by the Ministry of Planning, which lasted from mid-2023 to mid-2024.


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