Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

Economist: High oil prices will be to pay off debts and installments in the long term  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Economist: High oil prices will be to pay off debts and installments in the long term

Go down

Economist: High oil prices will be to pay off debts and installments in the long term  Empty Economist: High oil prices will be to pay off debts and installments in the long term

Post by RamblerNash on Sat Sep 26, 2020 10:25 am

Economist: High oil prices will be to pay off debts and installments in the long term  858827-30f68bf7-ab5b-4435-a5e1-323e12256aa7
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
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 19116
Join date : 2015-02-19

View user profile

Back to top Go down

Back to top


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