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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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    Ahmed Sarhan: paralysis of the Iraqi economy because of lower oil prices and the financial crisis

    Rocky
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     Ahmed Sarhan: paralysis of the Iraqi economy because of lower oil prices and the financial crisis Empty Ahmed Sarhan: paralysis of the Iraqi economy because of lower oil prices and the financial crisis

    Post by Rocky Sun 10 Jul 2016, 4:19 am

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    [size=48]Ahmed Sarhan: paralysis of the Iraqi economy because of lower oil prices and the financial crisis


    July 10, 2016
     


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    Iraqi oil
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    Our economy / Baghdad
    He warned the parliamentary finance committee member Ahmed Sarhan, the Iraqi economy is paralyzed as a result of the financial crisis and low oil prices.
    He said Ahmed told our economy News {} "We appeal to the government interest in minerals sector they constitute an enormous wealth and should not be underestimated, and must be exploited and taken in extra revenue for the budget." 
    "If the continued reluctance of the government in minerals and other sectors to invest, the Iraqi economy will develop paralysis can not recover from it over generations," noting "there metals comparable to what in some countries or it does not exist has therefore would form if exploited a key tributary of the economy Iraqi general budget. " 
    "The errors that occurred by Iraq's dependence on oil revenues entirely as an oil country." 
    The Commission on oil and energy parliamentary, indicated the presence of rich minerals in Iraq, stressing the need to develop a plan to invest and diversify the economy and lift the financial imports to meet the shortfall in the budget, saying that the sale of gas will fill part of the Iraqi budget deficit. According to committee member Kaveh Mohammad. 
    Iraq has been a financial crisis due to lower oil prices, prompting him to move towards austerity and reduced government spending, amid pleas reference religious specialists to activate agriculture, industry and other sectors and investment to contribute to supplement the general budget revenue



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