"On low fire." A sudden and important statement by the Prime Minister's advisor on changing the exchange of the dollar

[yota691]

Adviser to the Prime Minister: Iraq is living in its best financial conditions

The appearance of Muhammad Salih

 April 15, 2022 02:11 PM

 

Mubasher: The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that Iraq is living in its best financial conditions, while ruling out the government's resort to external borrowing.

Saleh said, in a statement to the Iraqi News Agency (INA): "Iraq today is living in its best financial conditions in its modern history in terms of cash flows."

He called for "the necessity of utilizing these cash flows in productive investments for the national economy resource, as well as employing national human resources in activities that should be income-generating and wealth-promoting at the same time."

He added that "investment policies for large resources require operating them with economic joints in order to achieve financial and economic sustainability," noting that "exceptional circumstances are what impose a borrowing policy, including the deficit of government revenues due to the cycle of declining oil assets."

He stressed that "the rise in oil prices and the resulting large rentier revenues will obviate the idea of external government borrowing."

[yota691]

Saleh: Iraq is in its best economic conditions, and there is no need after today to borrow

Economy|   01:43 - 15/04/2022

 

 

 

 

 

Baghdad - Mawazine News

 

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that Iraq is living in its best financial conditions, while ruling out the government's resort to external borrowing.

Saleh said, in a statement to the official agency and reviewed by "Mawazine News", that "Iraq is living today in its best financial conditions with its modern history in terms of cash flows."

He called for "the necessity of employing these cash flows in productive investments for the resource of the national economy, as well as the operation of national human resources in activities that should be income-generating and wealth-promoting at the same time."

He added that "investment policies for large resources require operating them with economic joints in order to achieve financial and economic sustainability," noting that "exceptional circumstances are what impose a borrowing policy, including the deficit of government revenues due to the cycle of declining oil assets."

He stressed that "the rise in oil prices and the resulting large rentier revenues will obviate the idea of external government borrowing." Ended 29/92

[jake21]

Its a shame that the citizens pf Iraq don't get to see or experience it.

[Fairways&Greens]

Best conditions lately? These clowns are terrible politicians. How many citizens are gonna agree with that statement? I’d guess nobody outside the greedy elites. 

[chris2028]

Thanks for the article Yota! 

 

I flip classic cars and I get a lot of clients from outside the states who just absolutely enjoy them. Anyways, one interested buyer was from Iraq and he and conversed for a while about things over there. I can say for sure they are not seeing the "Best conditions lately". I even made a comment and said I hear Iraq is doing quite well and things are progressing there. His response was " Like what? Iraq Market is so bad". I did not bother to elaborate because I could sense he was not happy with me insinuating things must be good over there. Those citizens really desire to have better purchasing power to enjoy life again. As much as I desire the RV for myself, I truly want it more for those citizens. The hell they have been through is unimaginable!

 

[horsesoldier]

1 hour ago, jake21 said:

Its a shame that the citizens pf Iraq don't get to see or experience it.

Too right...bet the elites are doing just fine though.

[horsesoldier]

... and furthermore... stop talking about well literally everything and DO what needs to be done for goodness sake. Let's see some hard evidence here - talk talk talk...I'm very hesitant to ask how much longer they can keep this up. Quit dragging everything endlessly through the weeds.

Your not fooling anyone anymore. Merciful heavens stop flapping your gums,roll up your sleeves and move Iraq out of the " stone age " and into the 21st Century.

From the surreal well past the Twilight Zone only to crash land into the Absurd. Enough already.

[steveh12]

Put On Your Big Boy Pants!!   😠

[Laid Back]

 Iraq government is living in its best financial conditions, not the citizens 

 

Go Iraq

Go HCL 

Go profit sharing 

Go Purchasing power 

[WheresmyRV?]

100% proof here that the greedy corrupt politicians have their hands in the cookie jar stealing all the money off oil revenues.  Why should they pass the ever elusive HCL when they are getting filthy stinking rich?  I feel terrible for the Iraqi people. 

Edited April 15, 2022 by WheresmyRV?

[dinarham]

History and logic itself tells us nothing lasts forever ,even corruption .So the pendulum swings and it's time for the Good.

[yota691]

Al-Kazemi’s advisor: 4 measures to address poverty and unemployment after “financial abundance”

2022.04.18 - 18:10

 

Baghdad - people  

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, presented, on Monday, four measures to address poverty and unemployment, stressing that the rise in oil prices and the financial abundance achieved will address social and economic problems.  

  

 

Saleh said in a statement to the official agency, followed by "Nass", (April 18, 2022), that "the financial abundance achieved as a result of the rise in global oil prices, and then the increase in the country's oil revenues, will address the social and economic problems left by the current economic crisis and its inflationary repercussions on the local economy, especially its impact." on social groups.  

  

He added, "The rise in food prices has had a significant impact on people with limited income, in particular, and has now constituted 80 percent of their income, which will lead to an increase in poverty rates in the country," noting that "the monetary policy follows the performance of fiscal policy accurately and its role in raising income and living standards." to the affected classes and the advancement of the policy of operating projects, which leads to raising population growth rates.”  

  

He continued, "The indicators of poverty and unemployment can recede through 4 measures represented in supporting social welfare, supporting the components of the ration card, supporting the prices of agricultural crops and grains, in addition to operating the important lagging projects," stressing that "the role of fiscal policy lies in using the financial surpluses to the fullest extent." Even if there are some indications of price increases, as long as the requirements for protecting the poor classes are provided by subsidizing incomes and prices, and providing real income that supports those affected social segments.  

  

He pointed out that "the fiscal policy is working to combat the repercussions of rising inflation, as monetary policy will have a broader role in the development of the country's reserves that support the purchasing power of the dinar, allowing the defense of monetary income and a broader purchasing power through a strict monetary policy."  

[yota691]

Al-Kazemi's advisor presents mechanisms to address poverty, unemployment, inflation and high prices

 Economie

 

 Yesterday, 17:21
 

Baghdad - conscious - Nassar al-Hajj

Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, put forward mechanisms to address poverty, unemployment, inflation and price hikes.

Saleh told the Iraqi News Agency (INA), that "the financial abundance achieved as a result of the rise in global oil prices, and then the increase in the country's oil revenues, will address the social and economic problems left by the current economic crisis and its inflationary repercussions on the local economy, especially its impact on social groups."

He explained, "The rise in food prices has had a significant impact on people with limited incomes, in particular, and now constitutes 80 percent of their income, which will lead to an increase in poverty rates in the country," noting that "monetary policy follows the performance of fiscal policy accurately and its role in raising income levels. and livelihood for the affected classes and the advancement of the policy of operating projects, which leads to raising population growth rates.”

He added, "The indicators of poverty and unemployment can recede through 4 measures represented in supporting social welfare, supporting the components of the ration card, supporting the prices of agricultural crops and grains, in addition to operating important lagging projects," noting that "the role of fiscal policy lies in the full use of financial surpluses. Face, even if there are some indications of a rise in prices, as long as the requirements for protecting the poor classes are provided by subsidizing incomes and prices and providing real income that supports those affected social segments.

He continued, "The fiscal policy is working to combat the repercussions of rising inflation, as monetary policy will have a broader role in the development of the country's reserves that support the purchasing power of the dinar, allowing the defense of monetary income and a broader purchasing power through a strict monetary policy."

[horsesoldier]

--- said a member of the elites -- for those NOT living the dream of " best financial conditions " of which there must be MILLIONS.

Doesn't matter the government anywhere on the globe ... The Bureaucrats disconnect to the people is obvious. 

There are a few who get it: they're heavily outnumbered however.

 

[Longtimelurker]

12 hours ago, yota691 said:

Al-Kazemi's advisor presents mechanisms to address poverty, unemployment, inflation and high prices

 Economie

 

 Yesterday, 17:21
 

Baghdad - conscious - Nassar al-Hajj

Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, put forward mechanisms to address poverty, unemployment, inflation and price hikes.

Saleh told the Iraqi News Agency (INA), that "the financial abundance achieved as a result of the rise in global oil prices, and then the increase in the country's oil revenues, will address the social and economic problems left by the current economic crisis and its inflationary repercussions on the local economy, especially its impact on social groups."

He explained, "The rise in food prices has had a significant impact on people with limited incomes, in particular, and now constitutes 80 percent of their income, which will lead to an increase in poverty rates in the country," noting that "monetary policy follows the performance of fiscal policy accurately and its role in raising income levels. and livelihood for the affected classes and the advancement of the policy of operating projects, which leads to raising population growth rates.”

He added, "The indicators of poverty and unemployment can recede through 4 measures represented in supporting social welfare, supporting the components of the ration card, supporting the prices of agricultural crops and grains, in addition to operating important lagging projects," noting that "the role of fiscal policy lies in the full use of financial surpluses. Face, even if there are some indications of a rise in prices, as long as the requirements for protecting the poor classes are provided by subsidizing incomes and prices and providing real income that supports those affected social segments.

He continued, "The fiscal policy is working to combat the repercussions of rising inflation, as monetary policy will have a broader role in the development of the country's reserves that support system" rel="">support the purchasing power of the dinar, allowing the defense of monetary income and a broader purchasing power through a strict monetary policy."

I can think of a "mechanism" that will solve all those issues too! Let's goo!

[6ly410]

Al-Kazemi's advisor: Iraq is facing a comprehensive renaissance

Posted 6 seconds ago

 

Al-Kazemi’s advisor: Iraq is facing a comprehensive renaissance (iraqakhbar-com.translate.goog)

 

news sourceIraqi News Agency ( INA )

 

 

Baghdad - INA - Nassar al-Hajj
Asher, financial advisor to the Prime Minister, Mazhar Muhammad Salih, today, Saturday, two important economic variables that Iraq is going through.
Saleh told the Iraqi News Agency (INA): "The Iraqi economy has now entered a stage of adaptation, development, and release of its own potential and important latent preparations in a positive, promising and unprecedented manner after the dangerous recession that the country experienced in the year of the Corona pandemic 2020 and the past subsequent months."
He added that "Iraq is currently between two important variables, the first of which is the availability of a rapid adjustment element within society to receive development programs and move towards productive investment and maintain high growth in GDP, and the other is the available large capabilities in the oil energy sector, which needs an accelerated renewal of its investments." And its operations in an integrated manner between the extraction activities and the development of the marketing infrastructure.”
He pointed out that "the second variable is accelerating the maximization of the role of the energy sector and raising the country's production capabilities of exported crude oil to reach 6 million barrels within the coming months, nearly double the current export to fuel the financing of the accelerated and diversified growth situation in the national economy in its other important fields related to employment and growth." high at the same time.
He pointed out that “Iraq is facing a comprehensive and clear-cut renaissance whose features are available in the development programs currently prepared and require their effective launch, and these two require accelerated political stability and direct all joints of the state towards launching the implementation of a coordinated development plan that works to spread the diversified employment investments of the GDP and in line with the vision of Iraq 2022-2032, which seeks to achieve a growth rate in national income not less than double the population growth rate.

 

 

[6ly410]

madhir mohammed: the iraqi economy has entered the stage of adjustment and launching its internal forces

2022.05.28 - 20:22

madhir mohammed: the iraqi economy has entered the stage of adjustment and launching its internal forces (nasnews.com)

e   

 

baghdad - nas  

the iraqi economy has entered the stage of adjustment and development and launching its own forces, the prime minister's financial advisor mazher mohammed saleh said saturday.  

  

  

  

"the iraqi economy is now in a phase of adjustment, development, release of its own strengths and important underlying preparations in a positive and promising manner unprecedented after the serious recession that the country experienced in the year of the corona 2020 pandemic and the months that followed," saleh told the official nas news agency.  

  

"iraq is currently among two important variables, the first being the availability of a rapid adjustment element within society to receive development programmes and move towards productive investment and maintain high gdp growth, and the other is the large capabilities available in the oil energy sector, which needs to be rapidly renewed its investments and operations in an integrated manner between extraction activities and marketing infrastructure development," he said.  

  

"the second variable accelerates the role of the energy sector and increases the country's production capacity from crude oil exported to 6 million barrels in the coming months, nearly double the current export to feed the financing of the state of accelerated and diversified growth in the national economy in its other important areas associated with both operation and high growth," he said.  

  

"iraq is facing a comprehensive and clear-road renaissance that is present in the development programmes currently designed and requires effective launch, which requires rapid political stability and directs all the country's joints towards the implementation of a coherent development plan that promotes labour-driven and diversified investments in gdp and is consistent with iraq's vision 2022-2032, which seeks to achieve a growth rate in national income at least twice the rate of population growth," he said.  

[screwball]

13 hours ago, 6ly410 said:

He pointed out that “Iraq is facing a comprehensive and clear-cut renaissance whose features are available in the development programs currently prepared and require their effective launch, and these two require accelerated political stability and direct all joints of the state towards launching the implementation of a coordinated development plan that works to spread the diversified employment investments of the GDP and in line with the vision of Iraq 2022-2032, which seeks to achieve a growth rate in national income not less than double the population growth rate.

sounds like a new rate will do this........how else will there be a renaissance???

[screwball]

13 hours ago, 6ly410 said:

"the iraqi economy is now in a phase of adjustment, development, release of its own strengths and important underlying preparations in a positive and promising manner unprecedented after the serious recession that the country experienced in the year of the corona 2020 pandemic and the months that followed," saleh told the official nas news agency.  

"release of its own strenght"????? maybe strong exchange rate???

[yota691]

Al-Kazemi's advisor: Iraq is facing a comprehensive and clear-cut renaissance

 

money and business
   

Economy News - Baghdad
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, pointed out, on Saturday, two important economic variables that Iraq is going through, stressing that the country is facing a comprehensive and clear-cut renaissance.

Saleh told the official news agency, "The Iraqi economy has now entered a stage of adaptation, development, and release of its own forces and important latent preparations in a positive, promising and unprecedented manner after the dangerous recession that the country experienced in the year of the Corona pandemic 2020 and the past subsequent months."

He added that "Iraq is currently between two important variables, the first of which is the availability of an element of rapid adjustment within society to receive development programs and move towards productive investment and maintain high growth in GDP, and the other is the availability of great capabilities in the oil energy sector, which needs an accelerated renewal of its investments." and its operations in an integrated manner between the activities of extraction and the development of the marketing infrastructure.

He pointed out that "the second variable is accelerating maximizing the role of the energy sector and raising the country's production capabilities of exported crude oil to reach within the coming months 6 million barrels, nearly double the current export to fuel the financing of the rapid and diversified growth situation in the national economy in its other important areas related to employment and growth." high at the same time.

He pointed out that "Iraq is facing a comprehensive and clear-cut renaissance whose features are available in the development programs currently prepared and require their effective launch, and these two require accelerated political stability and direct all joints of the state towards launching the implementation of a coherent development plan that works to spread the diversified employment investments of the gross domestic product and in line with the vision of Iraq 2022-2032, which seeks to achieve a growth rate in national income not less than double the population growth rate.

 

 

---

Observations 336

Added 05/28/2022 - 8:00 PM

Update 05/29/2022 - 4:17 PM

[southbeach]

This blessing’s coming to a bank near you, praise Jesus.

["Fred"]

4 hours ago, southbeach said:

This blessing’s coming to a bank near you, praise Jesus.

I’m just curious when you make a statement like this are you thinking 2022 or the beginning of 23 or beyond? Anyone willing to share there thoughts on this would be good. Everyone have a blessed holiday weekend with there loved ones 

[horsesoldier]

34 minutes ago, "Fred" said:

I’m just curious when you make a statement like this are you thinking 2022 or the beginning of 23 or beyond? Anyone willing to share there thoughts on this would be good. Everyone have a blessed holiday weekend with there loved ones 

IMHO ... Maybe 2023. There's more than just the usual ' astonishing ' amount of foot dragging, sand bagging, stone walling, ignorance & resistance by All parties, criminal or otherwise.

They've created their own playbook of  EPIC CRIMINAL POLITICAL NEGLIGENCE...How to crush a country & the hope of it's people while stuffing your bank accounts as a "politician"

 

[Floridian]

42 minutes ago, "Fred" said:

I’m just curious when you make a statement like this are you thinking 2022 or the beginning of 23 or beyond? Anyone willing to share there thoughts on this would be good. Everyone have a blessed holiday weekend with there loved ones 

 

Well, I'm thinking that absolutely nothing is going to happen with the Dinar until they "re-set" all the currencies with the horrible "Great Reset" and "New World Order" that they keep telling us about.  Thanks to Klaus Schwab and his ilk, and Joe Biden who has no clue what's going on and could care less anyway, this world is "going to hell in a hand basket".  I keep praying for good leadership for our country, but it ain't gonna happen til we get rid of the senile President and his liberal cohorts.  🙏

["Fred"]

1 hour ago, Floridian said:

 

Well, I'm thinking that absolutely nothing is going to happen with the Dinar until they "re-set" all the currencies with the horrible "Great Reset" and "New World Order" that they keep telling us about.  Thanks to Klaus Schwab and his ilk, and Joe Biden who has no clue what's going on and could care less anyway, this world is "going to hell in a hand basket".  I keep praying for good leadership for our country, but it ain't gonna happen til we get rid of the senile President and his liberal cohorts.  🙏

I agree the world is a real mess. So your thinking least 2 years. I’m only wondering because I need to remodel the house and I didn’t want to get a loan I was hoping to use dinar money