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Economists: the government is able to provide a minimum of budget allocations
BAGHDAD / Ibrahim Ibrahim
1/7/16
Economists: the government is able to provide a minimum of budget allocations
BAGHDAD / Ibrahim Ibrahim
1/7/16
Specialists called for economic affairs, on Wednesday, the government of the need to get rid of the curse of oil supplier and liberalization of the economy him to overcome the current economic crisis, stressing the government's ability to provide the minimum balance of this year and early next year, as economic advisor to the Prime Minister stressed that the government has put several measures will take to fill Agr in the general budget of the country, includes 13 steps, notably the activation of taxation and resort to borrowing bank bonds.
The economist said Maytham coffee in an interview for the "long" that "it is necessary to distinguish between the position of the critical financial situation that Iraq is going through, and the talk about how, by officials in general, because the talk about the forestry fiscal position does not extend to wages and salaries only, and limit it to this element only, shows us the weakness in the budget.
"He added that" explain the financial constraints must be its context broader an effect that weakness going forward on the entire Iraqi economy, considering that oil variable plays a crucial role in the inflation variables and unemployment private and foreign trade sector.
"He said the coffee that" openness and disclosure are crucial by officials, but this openness must proceed from a realistic analysis with the award of an opportunity to give solutions and suggestions and securities that it is possible for government to play, and what are the costs to society can be based participation, with an attempt to lower these costs to a minimum.
"And that" Iraq is going through an economic critical stage, but can have a look in a positive way if we can make public opinion and the community towards the economic policy and the process of changing its destination through greater participation in the opportunities and costs, and to be officials and decision-makers an opportunity to increase their awareness of the need to get rid of the curse of oil supplier and liberalization of the economy of it.
"He stressed that" the government is able to provide the minimum budget for this year and the beginning of next year , a last chance her to review the economic and financial policies and activate a series of immediate actions in order to increase its financial resources without damaging the citizen.
"The Iraq is going through an economic crisis because of lower oil prices, and Anfaqath in the war against al" Daash ", as he emphasized Prime Minister Haider Abadi, in the November 18, 2015, that Iraq will emerge from the financial crisis in a stronger, adding that he found now to strengthen the economy and lack of dependence on oil.
He said the appearance of Mohammed Saleh, an economic advisor to the prime minister Haider al-Abadi, Saturday (2 / December / 2016) in an interview to the (long-Presse), "The talk of a recession in Iraq is a foregone conclusion," attributing it to "financial crisis plaguing the country."
Saleh added, that "the manifestations of the economic recession in Iraq is clear, from high Unemployment, which reached a 28 percent rate, "denying" the existence of inflation in Iraq since the rate amounting to two percent, the lowest in its history.
"He predicted economic adviser, that" the growth of GDP between one range to one and a half percent ", they returned it." Best of 2014 past, although it is less than the population growth of 2.8 percent rate, as this difference is not conducive to the growth of the economic sector and the breadth of his movement. "He emphasized the benefit, that" directed the government to sell bonds two billion dollars, came within the project in the next 2016 budget to bridge the deficit, "returned to" ways to fill the budget deficit does not reflect as austerity, they are still great. "He guessed adviser Abadi, that" given that the bond is catching on, "pointing out that it was caused by" being the sovereign as well as high interest rate and possible mortgage and take advantage of the debt dam. "Saleh said that" budget for Iraq in the next 2016 involving deficits and austerity, but motivational, "stressing that" the stimulus ratio in the largest deficit budget. "Saleh pointed out that" there are several measures taken by the Iraqi government fill Agr in the general budget of the country, includes 13 steps, including activation of taxation and resort to borrowing bank bonds and restructuring some institutions of departments and factories that do not work since 2003, and paid its employees salaries up to now, "he said, adding that" the staff of these institutions will not be laid off or laid off, but there are checks and assets management to ensure they continue to work. "Saleh pointed out that" the subject of collection is still below the required level and must be activated in accordance with the financial challenges that Iraq is going through, "pointing out that" the Ministry of Electricity did not answer only 20% Asthsal of how much of the wage tax collection. "felt economic adviser that" the current financial year, successful, stressing that "the government strives for the success of the financial plan in the next 2016 budget."
The economist said Maytham coffee in an interview for the "long" that "it is necessary to distinguish between the position of the critical financial situation that Iraq is going through, and the talk about how, by officials in general, because the talk about the forestry fiscal position does not extend to wages and salaries only, and limit it to this element only, shows us the weakness in the budget.
"He added that" explain the financial constraints must be its context broader an effect that weakness going forward on the entire Iraqi economy, considering that oil variable plays a crucial role in the inflation variables and unemployment private and foreign trade sector.
"He said the coffee that" openness and disclosure are crucial by officials, but this openness must proceed from a realistic analysis with the award of an opportunity to give solutions and suggestions and securities that it is possible for government to play, and what are the costs to society can be based participation, with an attempt to lower these costs to a minimum.
"And that" Iraq is going through an economic critical stage, but can have a look in a positive way if we can make public opinion and the community towards the economic policy and the process of changing its destination through greater participation in the opportunities and costs, and to be officials and decision-makers an opportunity to increase their awareness of the need to get rid of the curse of oil supplier and liberalization of the economy of it.
"He stressed that" the government is able to provide the minimum budget for this year and the beginning of next year , a last chance her to review the economic and financial policies and activate a series of immediate actions in order to increase its financial resources without damaging the citizen.
"The Iraq is going through an economic crisis because of lower oil prices, and Anfaqath in the war against al" Daash ", as he emphasized Prime Minister Haider Abadi, in the November 18, 2015, that Iraq will emerge from the financial crisis in a stronger, adding that he found now to strengthen the economy and lack of dependence on oil.
He said the appearance of Mohammed Saleh, an economic advisor to the prime minister Haider al-Abadi, Saturday (2 / December / 2016) in an interview to the (long-Presse), "The talk of a recession in Iraq is a foregone conclusion," attributing it to "financial crisis plaguing the country."
Saleh added, that "the manifestations of the economic recession in Iraq is clear, from high Unemployment, which reached a 28 percent rate, "denying" the existence of inflation in Iraq since the rate amounting to two percent, the lowest in its history.
"He predicted economic adviser, that" the growth of GDP between one range to one and a half percent ", they returned it." Best of 2014 past, although it is less than the population growth of 2.8 percent rate, as this difference is not conducive to the growth of the economic sector and the breadth of his movement. "He emphasized the benefit, that" directed the government to sell bonds two billion dollars, came within the project in the next 2016 budget to bridge the deficit, "returned to" ways to fill the budget deficit does not reflect as austerity, they are still great. "He guessed adviser Abadi, that" given that the bond is catching on, "pointing out that it was caused by" being the sovereign as well as high interest rate and possible mortgage and take advantage of the debt dam. "Saleh said that" budget for Iraq in the next 2016 involving deficits and austerity, but motivational, "stressing that" the stimulus ratio in the largest deficit budget. "Saleh pointed out that" there are several measures taken by the Iraqi government fill Agr in the general budget of the country, includes 13 steps, including activation of taxation and resort to borrowing bank bonds and restructuring some institutions of departments and factories that do not work since 2003, and paid its employees salaries up to now, "he said, adding that" the staff of these institutions will not be laid off or laid off, but there are checks and assets management to ensure they continue to work. "Saleh pointed out that" the subject of collection is still below the required level and must be activated in accordance with the financial challenges that Iraq is going through, "pointing out that" the Ministry of Electricity did not answer only 20% Asthsal of how much of the wage tax collection. "felt economic adviser that" the current financial year, successful, stressing that "the government strives for the success of the financial plan in the next 2016 budget."
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