A package of proposals to support the general budget
3/28/2017 0:00
BAGHDAD / Shokran Fatlawi
Finance is the most important economic hubs of construction and achieving multi-income and supplement the budget with funds that make them live balance stage away from any disruptions. Economic expert Dr. Ahmed Abrihi suggested that "morning" package of mechanisms to make the general state budget able to meet the needs of the country, and responsive projects, private investment spending Mnha.mward
Comes this festering to coincide with the fiscal budget of the state affected by the low price of a barrel of oil and is trying hard to measure the necessary spending resources, particularly related activities , including salaries and expenses of the minimum for the operation of government administration, as well as spending on defense and internal security, accompanied by funding to continue the expenses for the implementation of previous projects included in the general budget of many years and that some of them more than half the proportion of implementation with the lack of adequate allocations to accomplish.
The investment allocations in the general budget accounted for 30 percent of the size of the budget year. Preparation of programs Abrihi: that the country and the continued need to prepare an investment - efficient programs that agenesis those programs compilation projects single, but a technical and detailed work of a stand - alone in all sectors, and this is what proposed long ago , according Abrihi, pointing out that among those sectors, the energy sector industries, including private manufacturing industries that depend on oil and gas and benefit from the resources available. He noted the importance of working on a program for the manufacturing industry of non - energy and petrochemicals, meaning the smallest manufacturing industries in other activities through an existing program of work alone to develop infrastructure and the development of new investment companies to carry out the construction of infrastructure projects in particular. Reputable companies pointed Abrihi to the need for the preparation of these investment programs in conjunction with the thinking and planning how to implement them, the fact that the capacity of the country's implementation is not Balkavih at the present time, stressing the importance of thinking and working to attract actors and companies sober and honest cooperation with the Iraqi private sector to implement these programs investment, noting that such investment projects and programs able to generate efficient sources of funding, and this process is more important than the same funding, according to the slogan Old gimme a good project to give you well - funded. Debt securities , adding that the Ministry of Planning tried to address financial problems with the help of the central bank by offering bonds to contractors, government debt and bought by banks including bonds but still amounts of such bonds not cover all contractors debt, as well as the decline of the construction sector which has affected the operating income of many categories Iraqis who were working in the building and construction. Terms of efficiency and stressed Abrihi that government spending control, based on the success in the rebuilding of government administration , according to the terms of efficiency, noting that the country now need other resources from non - oil, with the need to be considerate to the urgent need to change the public financial management, and radical re - examination of government administration on the basis of the organizational structure linking function. He concluded Abrihi his speech explaining that the administrative structure of the existing heading towards the job and performance of the highest efficiency and lowest cost of any (public finance management), noting that the success of the change follows the reference proposed, speech Abrihi for, since the duration of the take from the General Directorate basically the fact that the Directorate general in Iraq is the basis of the system of administrative. Hussein Tgb
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3/28/2017 0:00
BAGHDAD / Shokran Fatlawi
Finance is the most important economic hubs of construction and achieving multi-income and supplement the budget with funds that make them live balance stage away from any disruptions. Economic expert Dr. Ahmed Abrihi suggested that "morning" package of mechanisms to make the general state budget able to meet the needs of the country, and responsive projects, private investment spending Mnha.mward
Comes this festering to coincide with the fiscal budget of the state affected by the low price of a barrel of oil and is trying hard to measure the necessary spending resources, particularly related activities , including salaries and expenses of the minimum for the operation of government administration, as well as spending on defense and internal security, accompanied by funding to continue the expenses for the implementation of previous projects included in the general budget of many years and that some of them more than half the proportion of implementation with the lack of adequate allocations to accomplish.
The investment allocations in the general budget accounted for 30 percent of the size of the budget year. Preparation of programs Abrihi: that the country and the continued need to prepare an investment - efficient programs that agenesis those programs compilation projects single, but a technical and detailed work of a stand - alone in all sectors, and this is what proposed long ago , according Abrihi, pointing out that among those sectors, the energy sector industries, including private manufacturing industries that depend on oil and gas and benefit from the resources available. He noted the importance of working on a program for the manufacturing industry of non - energy and petrochemicals, meaning the smallest manufacturing industries in other activities through an existing program of work alone to develop infrastructure and the development of new investment companies to carry out the construction of infrastructure projects in particular. Reputable companies pointed Abrihi to the need for the preparation of these investment programs in conjunction with the thinking and planning how to implement them, the fact that the capacity of the country's implementation is not Balkavih at the present time, stressing the importance of thinking and working to attract actors and companies sober and honest cooperation with the Iraqi private sector to implement these programs investment, noting that such investment projects and programs able to generate efficient sources of funding, and this process is more important than the same funding, according to the slogan Old gimme a good project to give you well - funded. Debt securities , adding that the Ministry of Planning tried to address financial problems with the help of the central bank by offering bonds to contractors, government debt and bought by banks including bonds but still amounts of such bonds not cover all contractors debt, as well as the decline of the construction sector which has affected the operating income of many categories Iraqis who were working in the building and construction. Terms of efficiency and stressed Abrihi that government spending control, based on the success in the rebuilding of government administration , according to the terms of efficiency, noting that the country now need other resources from non - oil, with the need to be considerate to the urgent need to change the public financial management, and radical re - examination of government administration on the basis of the organizational structure linking function. He concluded Abrihi his speech explaining that the administrative structure of the existing heading towards the job and performance of the highest efficiency and lowest cost of any (public finance management), noting that the success of the change follows the reference proposed, speech Abrihi for, since the duration of the take from the General Directorate basically the fact that the Directorate general in Iraq is the basis of the system of administrative. Hussein Tgb
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