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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


    Reduce dependence on oil as a supplier of financial bonds

    wciappetta
    wciappetta
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    Reduce dependence on oil as a supplier of financial bonds Empty Reduce dependence on oil as a supplier of financial bonds

    Post by wciappetta Sun Jan 18, 2015 6:47 pm

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    1/19/2015 0:00 
     BAGHDAD Mustafa al-Hashemi 
    under the survival of world oil prices, concerns without previous standard rates and the continuing effects on countries that rely on oil in its budget, including Iraq, increasing the need for day after day to find plans and the development of alternatives in the long run, not only vessels of them activating the productive sectors and support Bills financial government. 
    considers economic researcher verse just that the reactivation of the productive sectors is a priority in light of the economic conditions of the country to diversify and expand the non-oil revenues, which are currently needed in Iraq. 
    She said just told the "morning" that activation of these sectors is spreading a culture government bonds and traded as public awareness of the importance of supporting the bond sectors of agriculture, industry and housing achieves audience interaction with the government and awakens their sense of shared responsibility in supporting the country's economy. 
    It confirmed that the launch of supportive securities for these sectors would improve their performance as well as that it contributes to draw fiscal policy in the long run and reduce the country's dependence on unilateral resource to finance the state budget, as well as the possibility of contributing to the creation of sovereign wealth funds or generations funds. 
    She noted that the decline in global oil prices and the descent to the rates (scary) lately, makes it imperative for those in charge of the adoption of the economic file new mechanisms serve the diversity of fiscal revenue, pointing out that the majority of the Gulf states were not affected as affected by Iraq slope price of a barrel of oil as having sovereign wealth funds as well as activate the available economic sectors within the other, such as tourism and investment resources.   
    She drew just that this decline in prices is a phased reduction , as reports from international bodies concerned with energy and will indicate the price of a barrel of oil recovery has been slow during the next term, stressing the need to speed up the development of mechanisms to reduce the country's dependence on oil and his new economic policy to suit the stage that passes by.


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