A politician calls on the government to take into account the extension of the global economic downturn
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
A politician calls on the government to take into account the extension of the global economic downturn
by RamblerNash on Sat Sep 26, 2020 10:22 am
09-26-2020 11:25 AM
Baghdad / Al-Akhbariya
Former MP Majid Shankali asked, today, Saturday, the government to put in its accounts that the global economic downturn will extend for another period, pointing out that the goal of the budget should be to maximize revenues to pay salaries and operating expenses.
"The government should prepare the budget for 2021 according to a financial and economic plan aimed at maximizing revenues and reducing expenditures to advance the economic and financial reality of Iraq, not just selling oil and borrowing to pay salaries and operating expenses," Shankali said in a tweet.
"The government must take into account that the global economic downturn will extend for another period," he added.
It is noteworthy that Iraq is suffering from heavy debts due to resorting to internal and external borrowing to pay the salaries of employees, without accounting for operational expenses in the budgets over the past years.
https://www.ikhnews.com/index.php?page=article&id=227447
RamblerNash- GURU HUNTER
- Posts : 19116
Join date : 2015-02-19 
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
» Foreign Policy: Iraq is a missing element in the discussions of Trump and Biden
» Iran desperate to maintain Iraqi financial lifeline
» Al-Araji to (Tigris): Attempts to dismiss Al-Halbousi from the presidency of Parliament will fail
» For the first time, the launch of a shipping line between Iraq and Gulf countries
» The Ministry of Finance issues a detailed statement on the economic situation.
» A deputy from Diyala leads parliamentary efforts to allocate an independent budget for intelligence in the 2021 budget
» Finance: Oil imports are less than 50% of government expenditures ... and there is no option but to borrow
» A Korean company signs a contract with Iraq to recycle waste in Basra
» Iraq is afflicted with a `` double curse '' ... the World Bank describes the Iraqi private sector as `` sick ''
» Iraqi and Egyptian experts prepared for the meeting of the Supreme Committee
» EASO publishes a COI report on security situation in Iraq
» Alstom, Iraq sign deal to implement the Baghdad Elevated Train
» The U.S. Middle East Strategy’s Missing Piece is Iraq
» Iraq’s economic White Paper misses a key issue for the energy sector
» Economic specialist: The trend to financial borrowing means the government’s failure to find economic solutions based on industrial means and diversified production
» Iraq imports pomegranates from Turkey with more than 12 million dollars
» Iraq News: A decrease in the exchange rates of the dollar in the local market 10/29/20
» Latest Mnt Goat News Letter 10/29/20
» Adam Montana - ? (What Is He Trying To Lead You To Believe?) 10/29/20
» Militiaman: "the rate to establish the foundation of future trading globally is at hand...IMO" (IMO??? - So Not Fact?) 10/29/20
» Guru Jeff: "The budget will come after the rate change" (Just Like Last Year?) 10/29/20
» Frank26 says they are about to show the new currency and exchange rate (Again?) 10/29/20
» Judy's Junk For 10/29/20 "Updates have mainly been based on Intel of Fleming’s Military Intel Contact and Charlie Ward which was authorized by Trump’s Redemption Team"
» The IMF Contract - Hot Air From Frank26's Fantacy 10/27/20
» TNT Tony Audio News (S-S-D-D!)
» Make Up A LIE MarkZ Is Puzzled Why The RV Hasn't Happened (Lies Don't Come True) 10/29/20
» Fleming Fake Intel Update: " Trump has MANDATED that the GLOBAL START STILL be BEFORE THE ELECTION" 10/29/20
» An Iraqi expert expects most of the major parties to vanish and their leaderships to fall
» Iraq Parliament breaks electoral law stalemate in win for protesters
» After a high-ranking officer has been involved in corruption ... the Minister of Interior cancels out an entire directorate of the ministry's owners
» Documents ... a proposal to amend the Unified Pension Law
» Parliamentary Finance: The amount of the borrowing will be limited to the insurance of salaries, supplies, medicine and care
» Reconstruction and Housing announces the distribution of about two million land plots forms
» A member of Parliament reveals reasons that led to the rise in the dollar’s exchange rate
» Iraq ... Are Employees' Salaries Insured? Or Printing More Currency Is The Solution
» Baghdad trade counts the benefits of the high dollar on the Iraqi economy
» Representative Finance: The borrowing to secure salaries will be internal
» Exhibitions General Manager: The electronic export license is a gateway to advance the Iraqi economy
» Communications stresses its need for World Bank support in policy-making and training expertise