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Neno's Place Established in 2006 as a Community of Reality


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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


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Parliamentary Economic Commission announces the possibility of reducing the budget deficit

Proven
Proven
NNP TEAM
NNP TEAM


Posts : 1839
Join date : 2012-12-21

Parliamentary Economic Commission announces the possibility of reducing the budget deficit Empty Parliamentary Economic Commission announces the possibility of reducing the budget deficit

Post by Proven Tue 06 Jan 2015, 4:44 pm

The Iraq Central Bank will assist in deficit reduction through economic development.  The plan in action.  It's becoming very clear.   




Parliamentary Economic Commission announces the possibility of reducing the budget deficit




1/7/2015 0:00




BAGHDAD - Agencies


Parliamentary Economic Commission announced the possibility of a reduction in the federal budget deficit for 2015.


The committee member said Jawad al-Bolani in a press statement that "there is a possibility to follow the budget deficit and reduced administration."




He noted that "deficit reduction is through the Central Bank's support for activities that help us to overcome the economic downturn."  He stressed the need to "provide special activities of financial institutions to move the market."




Bolani said that "the draft budget is currently in Parliament had studied experts, academics and all those interested in the budget as one of the important topics and sensitive."




He said the Commission continues to follow the government's economic plans, pointing to encourage investment and reactivate agriculture and industry sectors to add other financial resources other than oil to the general budget.




The budget deficit in 2015 amounted to 25 trillion dinars from the budget of 125 trillion dinars size.


It is worth mentioning that the year 2014 has seen the adoption of general budget for Iraq.




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weslin3
weslin3
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Posts : 7462
Join date : 2012-12-19

Parliamentary Economic Commission announces the possibility of reducing the budget deficit Empty Re: Parliamentary Economic Commission announces the possibility of reducing the budget deficit

Post by weslin3 Tue 06 Jan 2015, 4:50 pm

Getting the private sector going would make it move.
Proven
Proven
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NNP TEAM


Posts : 1839
Join date : 2012-12-21

Parliamentary Economic Commission announces the possibility of reducing the budget deficit Empty Re: Parliamentary Economic Commission announces the possibility of reducing the budget deficit

Post by Proven Tue 06 Jan 2015, 5:04 pm

weslin3 wrote:Getting the private sector going would make it move.

Yes, once tariffs are applied, companies will start to invest in Iraq.  The investment will generate jobs and products.  Investors will also drive the Dinar up (So the CBI wants us to believe).  The word is economic development.  The plan in action.   
weslin3
weslin3
Interacting Investor
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Posts : 7462
Join date : 2012-12-19

Parliamentary Economic Commission announces the possibility of reducing the budget deficit Empty Re: Parliamentary Economic Commission announces the possibility of reducing the budget deficit

Post by weslin3 Tue 06 Jan 2015, 6:47 pm

Yea. Give their money some teeth and that will generate the jobs and exports.

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Parliamentary Economic Commission announces the possibility of reducing the budget deficit Empty Re: Parliamentary Economic Commission announces the possibility of reducing the budget deficit

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