An economist to Nina: An economic plan must be drawn up that differs from the 2021 budget plans

Saturday 02 October 2021 09:20
 
Baghdad / NINA / - The economic expert, Raad Twij, confirmed that the 2022 budget is a similar image to the 2021 budget

. Twig said in a statement to the National Iraqi News Agency ( NINA ) that: The 2022 budget is a similar image to the 2021 budget, and this is not correct from an economic point of view and does not refer to building The budget reflects the real needs of the Iraqi economy, which can transfer it to the ranks of the economies of regional countries, at the very least."

He noted, "The 2022 budget can give impetus to economic sectors that were neglected in the past due to insufficient resources such as industry, agriculture and scientific research, especially with the escalation of oil prices and reaching the limits of $80, which provides surplus capital to the Iraqi treasury. Therefore, the 2022 budget plan should be It has orientations other than those of the 2021 budget and its consumption images, meaning that its payments are productive and work to increase incomes for the poor and indirectly, for the most part.”

He continued, "Adopting the price of a barrel at / 50 / dollars is a major fallacy, as there is a large discrepancy with the price of a barrel in the market of 80 dollars, which may make the economy ineffective and its resources disrupted." / End 8

https://ninanews.com/Website/News/Details?key=930287