Economist: High oil prices will be to pay off debts and installments in the long term
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Economist: High oil prices will be to pay off debts and installments in the long term

Friday 25, September 2020 18:37
Baghdad / NINA / A consultant expert in industrial development and investment, Amer Al-Jawahiri said that the high oil prices, if taken, would be to pay off debts and their installments in the long term.
He told the Iraqi National News Agency ( NINA ) that: The government needs to inventory the stalled projects and hold those responsible accountable, indicating that additional money cannot be wasted on projects of this kind.
Al-Jawahiri called on the government to start announcing the opening of tenders for the private sector to complete these projects and make use of the funds for other sectors.
He added that: Under these conditions, there are no revenues that can cover the country's economic needs, infrastructure, service and major productivity in the short term, and the government must focus on salaries in particular until the appropriate atmosphere for internal and external investment is provided.
He indicated that one should not count on a near hike in oil prices, because the additional revenues will go to pay off debts and installments in the long term ./ End 3
https://ninanews.com/Website/News/Details?key=858827
RamblerNash- GURU HUNTER
- Posts : 24228
Join date : 2015-02-19

» An economist for / NINA /: The high oil prices must be exploited by approving a supplementary budget for the current year
» Economist to / Nina /: Oil prices will rise to $100 .. and the 2022 budget must be a qualitative budget that matches the expected high revenues
» Guru Pimpy: "This is great news for both our short-term and long-term investments" 8/29/20
» The pragmatism of the economic landscape
» MIDEAST MONEY-Iraq dinar is short-term disappointment, long-term bet
» Economist to / Nina /: Oil prices will rise to $100 .. and the 2022 budget must be a qualitative budget that matches the expected high revenues
» Guru Pimpy: "This is great news for both our short-term and long-term investments" 8/29/20
» The pragmatism of the economic landscape
» MIDEAST MONEY-Iraq dinar is short-term disappointment, long-term bet
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
» Guru MarkZ 3/23/23 am
» Guru Okie 3/23/23
» Guru Frank26 3/22/23
» Gurus Frank26 & Firefly 3/23/23
» Guru MountainGoat 3/23/23
» Guru Sandy Ingram 3/23/23
» Guru Judy 3/23/23
» Guru Nader 3/22/23
» Guru Bruce Dingleberry 3/23/23
» Gurus Frank26 & Firefly 3/22/23
» Guru MarkZ 3/22/23 pm
» Guru Okie 3/22/23
» Guru RayRat 3/22/23
» Guru Nader 3/22/23
» Guru Bruce Dingleberry 3/21//23
» Iraq proposes the establishment of the Middle East Bank for Development and Integration
» Have You Ever Wondered How Many Dinar Gurus There Are?
» Introduce myself
» 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