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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


    Iraqi market traders describe as "clinically dead" and calling for an economic "revitalization of th

    Rocky
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    Iraqi market traders describe as "clinically dead" and calling for an economic "revitalization of th Empty Iraqi market traders describe as "clinically dead" and calling for an economic "revitalization of th

    Post by Rocky Tue May 24, 2016 4:26 am

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    Iraqi market traders describe as "clinically dead" and calling for an economic "revitalization of the construction sector to revive"


     Baghdad / Muhannad Jawad 

    Male traders in the beautiful eastern Baghdad market, on Monday, that the market isexperiencing a "clinical death" as a result of the repercussions of the political, security and the current economic conditions, and predicted that the market is rebounding after the liberation of the city ofFallujah and begin the reconstruction of the affected areas of "terrorism." With attributed economist reason to lower oil prices and a decline in government spending, he stressed that the revitalization of the construction sector and construction will move the market is related to many other sectors. 
    Ali al - Quraishi, owner of a food shop in the Jamila market in Sadr City , eastern Baghdad , in an interview to the (long - Presse) , he said that " the market has become weak since the beginning of the month of May 2015 , " attributing the cause to "fiscal austerity and the repercussions of the economic and security situation." Quraishi said that " the movement in the market pretty partially paralyzed due to the security checkpoints to prevent or delay the entry of trucks led to Ward wholesalers fell in the beautiful market of five million to half a million dinars a day , " pointing out that "food prices rose slightly as a result of the imposition of tariffs reflected on the citizen and forced him to reduce his purchases. " For his part, full - Mansi said, importer of electrical appliances in an interview to the (long - Presse), " The movement of the market suffer clinically dead since June events of 2014, the political, security and economic repercussions, which traders were forced to sell their wares at any price to be able to bridge the rent of their shops the wages of their workers , "stressing that" the movement of import told by 30% and is continuing to decline perhaps half with overstocked goods at merchants stores as a result of the lack of demand for them. " 
    He explained forgotten that" traders were expecting to see the market movement with summer and expect the result of the high demand for air conditioners, but their dreams have faded as a result of the worsening political situation and the continued deterioration of the electricity, and the resort of citizens to keep their money the unknown for the future , "expected to" re - market activity after the liberation of the city ofFallujah and begin the reconstruction of areas affected by terrorism. " in 
    turn , said economist Maitham Laibi in an interview to (long - Presse), " The shrinking market caused by lower oil prices and declining government spending , " likely " to be the impact of this medium - term."   
    Laibi stressed that " the state represents a large portion too of the economy , " pointing out that " the wages of salaries and expenses of investment turn into cash bloc represents an overall demand for goods and services , "stressing at the same time, that" any retreat which affects the overall width of the movement. " 
    He noted economist that" pessimism people from improving the general situation in the country made ​​them prefer hoarding money for fear the worst and stopped paying wages and salaries, which in turn greatly impacted on the market and the overall economy , "returned to" activate the building and construction sector will move the local market for its association with many other sectors. " 
    the Iraq suffers from a recession due to the repercussions of the decline in world oil prices and the war against terrorism, which led to its application economic austerity plan.
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