Home
Economic parliamentary: many positive aspects of the World Bank loan
6/6/2016 0:00
[rtl] BAGHDAD Shaima Rashid
Economic Commission representative said that the World Bank , which would give Iraq up to 5 billion and $ 400 million as a down payment first very positive loan, noting that some of the conditions difficult and could harm the citizens, as pointed out that the House will intervene to resolve this matter in the case arrived loan to him.
she explained committee member Nora Albjara that taxes will be imposed on the staff when the government receive a World Bank loan, afterthought that the loan which inmany respects positive.
she Albjara, in an interview with «morning»: the international loan of up to about $ 16 billion, will be the first batch of it up to 5 billion and $ 400 million , which is a provision offinancial liquidity for the government, while the remainder of the loan will come in batches, indicating that the international Monetary Fund stipulated 27 requirement on Iraq to agree to give him a loan.
she Albjara that all involved in this countries the Fund is entitled to borrow from it when you fall a financial crisis or economic, provided that they invest the money in development projects so that the state can repay the loan amount.
showed MP from the Union of forces that all countries in the world when it is located in the financial crisis, the governments of those countries trying to alleviate the special tax employees and citizens, noting that the House would not be allowed to impose new taxes on employees by making adjustments to some of the Fund 's conditions, especially that harm the Iraqi citizen , even if the government was in a financial crisis, which is the right of parliament to do if the loan came to him.
and on taxes that will be imposed, said Albjara it will impose an increase on income and payroll tax, and there is a condition that is reducing the high grades which is no objection from the second division and special grades that there will be a raise on the income tax, noting that the House of Representatives so far not seen the the loan does not have any details and it is supposed to be for the respective committees in the parliament (financial and economic) view of the terms of the World Bank. In turn, she saw MP from theEconomic Commission Najiba Najib borrowing a passive state, but the government with the situation experienced by forcing it.
She explained Najib, in an interview for »morning», that in view of the collapse of oil prices and the lack of revenue and increased state spending , both in the war with Daash or other, the government is forced to borrow from the international Monetary Fund.
she Najib said the interest rate on this loan ratio is 1.5 to three years according to theWorld Bank , the terms of which reduce operational expenses and direct payments of theloan to the sectors of education, health and displaced so the state can benefit from theloan. Economists stressed that the international loan obtained by Iraq recently in need of a series of tough measures to be activated include reducing the operating budget, and most importantly reducing the bloated salaries of state employees and freeze or suspend dues Arab and foreign countries to Iraq, in addition to the country 's need to properly manage the political and financial Melvin according standards of governance in thecountry. They pointed out that the domestic policy failures are the cause of thedisastrous results have reached Iraq. the
government is proactive measures to reduce the budget size by about 13 trillion Iraqi dinars by reducing the expected oil prices from 45 to 40 dollars, especially with the presence of expectations in global oil markets further tremors.[/rtl]
[rtl][You must be registered and logged in to see this link.][/rtl]
» A deputy reveals the most dangerous files facing the Sudanese government’s program
» Parliamentarian: Amending the election law needs time to pass
» The work of the committees will bring nothing but disappointment to the people... procrastination an
» Under American sponsorship, Jordanian banks swallow the Iraqi dollar
» A member of the Parliamentary Oil Committee sets the date for ending the gas import file in Iraq
» The Minister of Oil announces the end of licensing rounds and reveals the number of participating co
» The Chinese company that won the development of Al Dhafriya field: The competition in the two licens
» Political praise for the Sudanese: He has an industrial and commercial mentality
» Melancholy Molly
» utube MM&C 5/11/24 Iraqi Dinar - IQD Update - International - IraqTiming - 2024 Budget Schedule - Sp
» The reality of the American presence... Objections are rising and the Sudanese are silent
» The work is discussing with the World Bank a project related to social protection beneficiaries
» Parliamentary Finance: The government intends to send the budget schedules this week
» The Emirates tops and Iraq does not exist...the list of the richest people in the Middle East and No
» A government plan to combat poverty and include 400,000 families with health insurance
» Iraq signs a memorandum of understanding with an American company to support the energy sector
» A deficit exceeding 75 trillion, and this is the date of its arrival.. Parliament’s finances talk ab
» Kirkuk.. A bank was caught receiving remittances for ISIS from a neighboring country
» The Minister of Commerce discusses with his Lebanese counterpart procedures for accelerating the con
» To find out who is negligent or not... The Basra Council forms a committee to follow up on the heads
» Iraq signs a memorandum of understanding with “Honeywell” to support the energy sector
» The judiciary reaches the final stage in the theft of the century file
» An economic expert proposes a solution to end the Jordan National Bank's "takeover" of the currency
» utube 5/12/24 Iraqi Dinar | Citi Bank Announced New Rate Of The Iraqi Dinar | Dinar News Today 202
» Reassurance to employees: “Salaries are not affected by delays in budget schedules.”
» Al-Anbeki: The framework is determined to proceed with the election of the Speaker of Parliament
» Al-Karaawi calls for revealing the truth about the presence of American forces
» Political conflict and corruption in Anbar oust two officials
» After joining Al-Halbousi, an agreement was reached to nominate Mahmoud Al-Mashhadani for the presid
» Within a month, the Central Bank of Iraq’s sales exceeded $4 billion
» The Iraqi Parliament decides to elect its new president next Saturday
» The Interior Ministry activates mobile stations to issue the unified card for communities abroad
» Jordan stops importing oil from Iraq
» The Association of Private Banks praises the Iraqi Central Bank’s approach to establishing digital b
» Iraqi fields cling to the foreign and kick the local... 3 reasons that embarrass private companies i
» The Minister of Commerce stresses the importance of creating a state of balance in the economy and e
» Among them is weak demand for gas...an economic diagnosis of the “most important” observations on th
» Proposing a parliamentary plan to get rid of job stagnation in state departments
» Involving and integrating the private sector into the investment map for sustainable development
» Population claims in the Maysan Marshes: Our water share is not distributed fairly
» The Iraqi Parliament reveals the latest developments in the “theft of the century”
» Jordanian industry exports to Iraq record an increase in 2024
» Implementation of 85% of the southern green belt in Karbala
» The Interior Ministry completes cleansing the areas of organized crime gangs
» Immigration: The displacement file will be closed next July 30
» Transport sets a date to close the file of development road route conflicts
» Service projects are launching non-stop
» Launching the Development Investors Map 2030
» Minister of Health to the Family Physicians Association: The year 2024 is the year of primary health
» The Iraqi Car Company wins the investment in the Al-Khulaysia area on the Iraqi-Syrian border
» Oil: No company has come forward to develop the Shihabi area within the provinces of Maysan and Wasi
» The House of Representatives sets next Saturday as the date for holding a session to elect its speak
» The Kurds refuse to share security positions in Diyala, “and there is nothing wrong with partnership
» Kurdistan is a repellent environment for young people... migration is still taking place and victims
» A Kurdish-Arab conflict prevents the harvest in Kirkuk and a call for the Sudanese to intervene
» An Iranian newspaper accuses Iraq of participating in a "water plot" against Tehran
» The Minister of Immigration directs all the ministry’s departments and branches to simplify procedur
» Al-Mandalawi: Parliament attaches utmost importance to human rights laws
» Al-Sadara was surprised and announced its joining Al-Halbousi
» Parliamentary Oil: Licensing rounds will pave the way for raising oil and gas production
» Al-Saadawi and the Tunisian Foreign Minister discuss activating the Baghdad-Tunisia line
» After joining Al-Halbousi, an agreement was reached to nominate Mahmoud Al-Mashhadani for the presid
» The Minister of Commerce stresses from Manama the importance of supporting efforts made to enhance A
» Minister of Oil: Most of the licensing round projects focused on gas patches to support electrical s
» Al-Awadi: Terminating the work of the UNAMI mission came at an Iraqi request and a UN recommendation
» Kurdistan Democratic Party: Resuming the export of the region's oil in the near future
» After two years of isolation, Al-Sadr is looking for a majority that will not force him to ally with
» Middle East Eye: A booming underground trade in alcohol in Iraq after it was banned in 2023
» 4 million for each year of imprisonment... Freedom in exchange for money... A controversial new Iraq
» The livestock sector in Iraq...indicators warning of a major crisis
» “Unfair” reconstruction in Iraq: areas where machinery is crowded and others still demonstrating for
» Economic statistics: The volume of internal debt in Iraq has risen to more than 76 trillion dinars
» Saleh explains the relationship between the rise in gold and the decline of the dollar and warns of
» The Minister of Oil sponsors the signing of an agreement to develop the Tuba oil field project with
» In numbers... Basra Oil explains the importance of the Tuba field after signing a contract to develo
» Electricity: The government provides energy at subsidized prices for (4) categories
» The electricity produced in Iraq covers 65% of demand... and 15 thousand megawatts is a “deficit”
» Parliamentary services: Government interest in Baghdad will make it one of the most beautiful capita
» Basra Council emphasizes work to qualify young people and place them in the labor market
» Politician: Al-Kadhimi was recommending that Plasschaert write “negative” reports about Iraq
» Trade launches operations to lift the ban on the ration card next to Rusafa
» utube 5/9/24 MM&C 0:02 / 46:46 PM - Al-Sudani - Golden Opportunity - Private Sector - Contra
» Bahr Al-Ulum calls for legislating the renewable energy law and localizing the solar panel industry
» In numbers: the rise in internal debt in Iraq
» Jordan demands that Iraq continue to export oil for another three months
» Iraq is the largest producer.. OPEC+ is pumping higher than scheduled and in anticipation of the Jun
» Close to the coordination framework: There is no intention to change the internal regulations of Par
» Central Bank sales exceed $274 million today
» But the representative of the exchange companies is pessimistic... Why did the dollar fall?... The C
» Jordan addresses Iraq to extend a memorandum of understanding to purchase oil
» Bribes increased from 3,000 to 50,000 dollars.. What is the condition of alcohol in Iraq after the p
» Presence movement: Sunnis and Kurds while the Americans remain in Iraq
» A deputy reveals the contents of the first water strategy in Iraq
» Soon...the second reading of the proposed red card law
» The discovery of 10 new oil and gas fields in the Anbar desert
» A bloc announces to “Al-Ma’louma” the date of the parliamentary speaker’s election session
» Parliamentary Finance explains the mechanism for amending the retirement law
» Sovereignty accuses Al-Halbousi of obstructing the election of a Speaker of Parliament