Al-Hamashi to / Nina /: Iraq is on the verge of a very serious economic disaster
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Al-Hamashi to / Nina /: Iraq is on the verge of a very serious economic disaster

Saturday 01 January 2022 21:35
Baghdad / NINA / - The economic expert, Saleh Al-Hamashi, confirmed that: Iraq is the country most affected by the global transformation of clean energy.
He told the National Iraqi News Agency ( NINA ): Iraq is really on the verge of a very serious economic disaster if the Iraqi governments cannot find alternatives to finance the budget other than oil.
Al-Hamashi added that within the next five years, the solution will be very difficult and a heavy price for the Iraqi state, and I believe the solution today is to restructure the Iraqi economy and liberate it from the grip of the state that failed to manage and develop its non-oil resources.
He explained: Reducing the demand for oil will lead to a decrease in its price, as the price of oil in 2030 was estimated between 20 to 25 dollars per barrel, since the consumption of cars in the world constitutes 45% of global production and energy consumption is about 25% of global oil production. Oil-producing countries will reduce their revenues to about 70 percent.
Al-Hamashi indicated that Iraq is one of the most countries in the world that will be affected economically by this variable, and the state has not yet put in place any solution for an alternative to non-oil revenues./End 3
https://ninanews.com/Website/News/Details?key=948166
RamblerNash- GURU HUNTER
- Posts : 24228
Join date : 2015-02-19

» Economic Prospects: Iraq is on the verge of a disaster in energy
» Saleh Al-Hamashi to / NINA /: The current economic crisis may increase the dollar exchange rate to a new figure
» Saleh Al-Hamashi to / NINA /: The solution to the economic crisis lies in structuring the economy and liberating it from the grip of the state
» Economic expert: Economic disaster will hit Iraq because of a failure to approve the budget
» Iraq on the Verge of Economic Collapse?
» Saleh Al-Hamashi to / NINA /: The current economic crisis may increase the dollar exchange rate to a new figure
» Saleh Al-Hamashi to / NINA /: The solution to the economic crisis lies in structuring the economy and liberating it from the grip of the state
» Economic expert: Economic disaster will hit Iraq because of a failure to approve the budget
» Iraq on the Verge of Economic Collapse?
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Kurdistan’s Erbil police shut down illegal casino, arrests ‘gambling network’
» Guru Wolverine 3/16/22
» Guru MarkZ 3/15/23 pm
» Guru Sandy Ingram 3/16/23
» Guru Nader 3/16/23
» Guru MilitiaMan 3/16/23
» Guru MountainGoat 3/16/23
» Gurus Frank26 & Firefly 3/16/23
» Guru Judy 3/16/23
» Guru Okie 3/15/23
» Guru Bruce Dingleberry 3/15//23
» Guru MountainGoat 3/14/23
» Predictable Tony: All you want and more
» Guru MarkZ 3/14/23 am
» Guru Okie 3/14/23
» Gurus MarkZ & Militiaman 3/14/23
» Guru Judy 3/14/23
» Guru Wolverine 3/14/22
» Guru Nader 3/14/23
» Guru Frank26 1/13/23
» Ameraq
» Iraq Retains Poor Ranking in Corruption Perceptions Index 1/31/23
» Iraq cabinet approves 2023 draft budget of more than 197 tln dinars 3/13/23
» Guru MarkZ 3/13/23 am
» Guru Okie 3/13/23
» Guru Nader 3/13/23
» Guru Frank26 3/13/23
» Guru Sandy Ingram 3/13/23
» Guru Judy 3/13/23
» up date on budget
» Adoption of the national currency
» Iraq far from liberal democracy since US invasion in 2003 3/10/23
» Iraq's crackdown on booze, social media posts raises alarm 3/10/23
» "STATUS OF RV" BY DINAR IRAQ AND DONG VIETNAM UPDATE 3/10/23
» Guru Okie 3/10/23
» Guru Bruce Dingleberry 3/923
» Guru Sandy Ingram 3/9/23
» Guru Nader 3/9/23
» Guru MountainGoat 3/9/23