Deputy talks about the main cause of the financial problem in Iraq
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Deputy talks about the main cause of the financial problem in Iraq

2020-10-03 | 05:04
The representative of the National Approach bloc, Hussein Al-Uqabi, confirmed, on Saturday, that the financial problem in Iraq is a problem and a management crisis that led to this result, while indicating that the financial crisis needs radical, responsible and conscious treatments with two dimensions, the first immediate and quick and the second strategic.
Al-Aqabi said in an interview with Alsumaria News, "The financial problem is in Iraq It is a problem and a crisis management that led to this result, given that Iraq He has the capabilities and resources that, in the event of proper management, can achieve financial abundance for the state treasury, "noting that" the government, unfortunately, does not have any seriousness in dealing with these matters related to revenues. "
Al-Uqabi added, "Border outlets, customs, communications, mobile phone companies, oil derivatives and investment in the oil sector are all doors that, in a properly managed, rational, mature and responsible state can generate between 20-25 trillion dinars for the state's treasury per month," pointing out that "as a result of the insistence on Following the same method applied previously, we have reached these negative consequences for which the citizen pays. "
He continued, "Mismanagement is another chapter in the problem, given that Parliament agreed to borrow last June at an amount of 15 trillion dinars, and this matter was based on what the government presented that this amount covers the deficit in terms of necessary expenditures and salaries. But the government today is bankrupt, and this is evidence of mismanagement and the lack of a vision for the government to address this stifling crisis, "stressing that" in the event that this stereotype remains, the future will be unknown without any point of light at the end of the tunnel through which these confused policies have brought us into the holders of power throughout previous period".
Al-Oqabi stressed that we "need radical, responsible and conscious treatments with two dimensions. The first is that I am fast and secure the necessary needs of the Iraqi state, and the second is a strategy that secures liquidity and financial boom by raising the level of non-oil revenues in the general budget," noting that "these problems still exist and we are seeing Also, a new borrowing law is looming, and it is a pity that this situation remains.
LINK
RamblerNash- GURU HUNTER
- Posts : 24064
Join date : 2015-02-19

» Al-Kazemi: The main problem in Iraq was not a problem of demonstrations or the intersection of opinions or ideas, but rather a lack of trust
» Al-Kazemi reveals the launching of major operations in the coming hours at the border outlets
» Kuwaiti official to visit Iraq today
» Deputy reveals the truth about the existence of Arab economic alliances with Iraq and talks about 3 criteria for success
» Iraq comments on Putin on the investment of Rose Naft in Kurdistan: a problem and a problem
» Al-Kazemi reveals the launching of major operations in the coming hours at the border outlets
» Kuwaiti official to visit Iraq today
» Deputy reveals the truth about the existence of Arab economic alliances with Iraq and talks about 3 criteria for success
» Iraq comments on Putin on the investment of Rose Naft in Kurdistan: a problem and a problem
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
» Textbook Tony
» Angela Hitler gathers lieutenants in Germany to mourn loss of Fourth Reich
» 10 years of the new notes came out!
» The Association of Brokerage Companies: Changing the dollar exchange rate contributed to raising the value of Iraqi shares
» Iran: Exports to Iraq amounted to $9.5 billion
» Al-Hakim calls for choosing the next prime minister within specific criteria
» What does Iraq look in a post-Sadr era?
» Sadrist leading figure to the Coordination Framework: the fire you made will burn everyone
» Iraqi parliament swears in new members to replace Sadrists
» USD/IQD closes slightly lower in Baghdad
» Norway offers US$ 7.5 million to Iraq
» Asia's thirst for cheap Russian oil hits Opec's No 2 producer Iraq
» Iraq’s exposure to US securities was up to about $28 billion in April
» The Central Bank: We have taken effective measures to protect the banking sector and combat money laundering
» Al Qirtas Islamic Bank - The first use of modern systems from DN SeriesTM ATMs in Iraq
» The Central Bank of Iraq: We launched 17 trillion dinars of development initiatives
» Central: The Letter of Guarantee platform issued more than 30,000 letters, worth 9.3 trillion
» The Governor of the Central Bank discusses obstacles to the work of Islamic banks with the International Rating Agency
» The Central Bank of Iraq decides to sell the dollar to pilgrims at the official exchange rate
» The central bank is moving at a steady pace to support and revitalize the economy
» The central electronic platform for letters of guarantee enhances confidence in banking transactions
» Who's on First?
» Frank26 says - From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Meta 1 Coin Has Crack Team Of Lawyers? Why Is Dave Schmidt Still Rotting In Jail?
» California pot shops prepare for their first day of legal recreational marijuana sales TODAY
» One Crazy Guy
» CBI sells $1+ billion in forex for second week in a row
» Iraq and the World Bank hold a workshop to develop public debt management
» Combating financial crimes enhances confidence in the banking sector
» Forex-US dollar notches in Baghdad
» USD/IQD closes lower in Baghdad
» What Happens when Cancer is treated with Cannabis? VIDEO
» VIDEO: Viral Hydroxychloroquine Doctor Demands Joe Biden Apologize After Media Finally Acknowledges HCQ Works
» USD/IQD closes slightly higher in Baghdad
» CBI sold +3$ billion in forex in May
» Finance agrees with the World Bank to help Iraq by activating the General Authority for Taxes
» Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside
» The Central Bank prevents Visa and Master card holders from giving them to any party