Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Phony Tony sez: Full Steam Ahead!
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy

Go down

Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy Empty Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy

Post by RamblerNash Fri Sep 03, 2021 11:04 pm

Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy Doc-P-395511-637662555557719392
2021-09-03 | 04:34

Finance Minister Ali Abdul-Amir Allawi confirmed that the white paper seeks to fundamentally change the nature of the Iraqi economy.

Allawi said in an article published by the Guardian newspaper, "Estimates indicate that poverty rates in Iraq doubled in 2020 due in large part to declining revenues Iraq We cannot allow the livelihoods of millions of families to continue to be dictated by the unpredictable fluctuations of the oil market.”

He explained that "correcting this will require policies and investments that enable oil and gas producing countries such as IraqFrom directing capital and labor to productive industries in the future and contribute to empowering and stimulating the role of the private sector. In fact, this was one of the main motives behind the economic reform white paper, which seeks to fundamentally change the nature of the Iraqi economy, allow the private sector to play a greater role, and reduce the dependence ofIraq on oil exports and a commitment to economic renewal focused on environmentally sound policies and technologies.

Allawi continued that "Iraq It can play an important role by taking advantage of the huge potential to produce and provide clean energy, as oil and gas production accounts for up to 40% of the total greenhouse gas emissions and the continuous burning of natural gas in oil wells, which necessitates our commitment to reduce gas flaring and investing it,” stressing that “increasing energy efficiency will have other benefits as well, and this means that we will not need to spend huge amounts to increase the general level of electricity provision, and that the deficit IraqProviding enough electricity to meet demand has cost the country nearly $120 billion over the past seven years.”

He pointed out that “increasing energy efficiency will allow for job creation in areas such as building and maintaining energy-efficient green buildings, as a recently published International Energy Agency report showed. that for every $1 million invested in energy efficiency, up to 30 jobs are created, and that this is critical in a country likeIraq, which is witnessing large population increases that will need job opportunities in the future.

” He continued, “The worst potential solar sites are happening inIraq On up to 60% of direct energy from the sun, and that this percentage is higher than the best locations in Germany But nevertheless, the solar power plants it built Germany To date, it provides two and a half times more electricity to all oil, gas and hydroelectric plants operating in Iraqcombined.

” And he noted “and let him be able toIraq To move towards clean energy, it needs the financial resources, expertise and policies that will transform its economy in an equitable and affordable manner, and this requires international support. Otherwise, heading towards net zero carbon dioxide emissions by 2050 will be a distant dream.”

LINK

*****************
Finance Minister: The white paper seeks to fundamentally change the nature of the Iraqi economy 258310255 
>>>TNTBS's YouTube Channel<<<
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 24270
Join date : 2015-02-19

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum