News, Rumors and Opinions Sunday Afternoon 6-27-2021
TNT:
Tishwash: A "high" meeting in finance to discuss the projects of the white paper
Finance Minister Ali Abdel Amir Allawi confirmed, on Sunday, the ministry's orientation towards maximizing non-oil revenues to support the resources of public budgets, while confirming the discussion of the study of government support for companies and productive sectors.
And the ministry stated in a statement, that "Nass" received a copy of it (June 27, 2021), that "Minister Ali Abdul-Amir Allawi chaired a follow-up session on the implementation of the projects of the white paper, in the presence of the Prime Minister's advisor and executive director of the Economic Reform Committee
Alaa Al-Saadi, the Undersecretary and advisors to the Minister of Finance and a number of From the general managers, during which the implementation of the projects approved by the financial and economic reform plan related to the axis of government expenditures, including the project to reduce the gap in the public budget deficit at safe levels, was followed up.
She added that "the public spending project was discussed and directed towards promoting the investment aspect with positive returns for the benefit of the overall national economy."
The ministry confirmed, "The meeting discussed the study of government support for public companies and the focus of support towards productive sectors and companies contributing to the gross domestic product."
During the session, Allawi stressed the need to "continue efforts and work towards maximizing non-oil revenues and moving towards reducing the financial expenditures borne by the state budget as a result of the burdens of financial support for public companies with high rates, which cast a shadow of negative effects on the development and development of the rest of the productive sectors." link
KTFA:
DeepWoodz: imo....The 28th is fast approaching. Didn’t someone say there are a lot of paths crossing on that day?! Monday
Iobey777: Yes! IMO, FRANK also did a black board video some time ago talking about “things” meeting at a crossroads! I think it is Very telling to us all that things are about to come to an ending!!
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Samson: Parliamentary Economy calls for the unification of the customs tariff and the abolition of taxes between Iraq, Egypt and Jordan
27th June, 2021
The Parliamentary Committee on Economy and Investment confirmed, on Sunday, that the tripartite summit between Iraq, Jordan and Egypt pours into three economic, political and security tracks, calling for the unification of customs tariffs and the abolition of taxes on goods of trade exchange.
Committee member MP Nada Shaker Jawdat said in an interview with Al-Sabah newspaper, which was followed by Al-Iqtisad News, that the tripartite summit is a positive step, and the gathered Arab countries should raise the level of trade exchange, and work to abolish taxes on the goods of trade exchange between them, and constitute The so-called"unification of customs tariff".
Jawdat stressed the need for there to be a movement of labor between the three countries, noting that Iraq was a forerunner in working on this aspect. And called the Iraqi negotiator to search for the most appropriate and best to attract investments, noting the possibility of working with Arab countries through the establishment of mutual industries.
She added that "the opportunity is favorable for Iraq to improve the economic aspect through investments with all countries of the world and not with the Arab side only," pointing out that there are countries with similar experiences to Iraq that were able to rise and become an icon in the challenge to the economic situation. LINK
ATPinfinity: " all countries of the world..." all countries of the world..."YOU KNOW INTERNATIONAL!!IMO
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Don961: Parliamentary Finance warns: Iraq's economy is close to collapse
964 Economie 2021/06/27 11:13 Baghdad today - Diyala ,
a member of the Parliamentary Finance Committee, Representative Abdul Hadi Al-Saadawi, confirmed today, Sunday, that the financial situation in Iraq has begun to collapse .
Al-Saadawi told (Baghdad Today), that “the financial situation in Iraq began to collapse dramatically with the increase in the exchange rate of the dollar without the existence of political solutions to automate the ports, customs, taxes and fees,” noting that “Iraq suffers from a major problem in financial and monetary policy that needs to be addressed.” Great processors.
He added that "Iraq is in dire need of a policy of building an economy in light of the apparent confusion of the performance of financial institutions and the Central Bank, which prompted an increasing collapse of the currency," stressing that "the financial situation needs a rescue plan that prevents the financial collapse after raising the exchange rate, especially since the government cut expenses for the Ministry of Labor and Affairs." In addition to sums of up to 3 trillion dinars, the Central Bank pledged to provide them within small loans to support large groups and segments of Iraqi society. LINK