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: two ways to fill the deficit in the budget for the next year, one of which is borrowing from individuals DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Economist: two ways to fill the deficit in the budget for the next year, one of which is borrowing from individuals

Go down

Economist: two ways to fill the deficit in the budget for the next year, one of which is borrowing from individuals Empty Economist: two ways to fill the deficit in the budget for the next year, one of which is borrowing from individuals

Post by claud39 on Sun Nov 15, 2020 10:34 am

Economist: two ways to fill the deficit in the budget for the next year, one of which is borrowing from individuals


11/15/2020



Economist: two ways to fill the deficit in the budget for the next year, one of which is borrowing from individuals 24300





Economy News _ Baghdad



On Sunday, the economic expert, Mazhar Muhammad Salih, identified two ways for the country to fill the actual deficit in the budget for next year, while noting that this time borrowing will be from individuals.

Saleh said in a press statement seen by "Al-Eqtisad News", that "the large financial surplus of individuals is important in internal investment, and reducing the deficit in the next budget."

He added that if the budget for next year is based on an actual and not hypothetical deficit, then it will be financed from the oil price differentials when the oil market improves for the benefit of exporters, then the deficit is only financed by borrowing.

He pointed out that "there may be a greater role for external borrowing this time, and internal borrowing this time will be directly from individuals or the public, through making substantial improvements to the secondary market that handles buying and selling."

He pointed out that "the Iraq Stock Exchange will have a fundamental role in expressing the secondary market and promoting dealing with financial debt instruments, among the public directly as individuals and institutions."

He explained, "There is a large financial surplus among the public, concentrated in the form of hoarding disconnected from the income cycle," indicating that "the national economy desperately needs it in moving real material and human resources, through investment and its financing from Iraq's internal financial energies."





claud39
claud39
VIP NewsHound
VIP NewsHound

Posts : 16505
Join date : 2018-11-04

View user profile

Back to top Go down

Back to top


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