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Changing economic leaders
8/28/2016 0:00
Bright Raji
Early indications for the budget for fiscal 2017 tragic They however do not tell the whole truth Iraqi The budget is optimistic always, the statement of the Office of the Prime Minister Haider Abadi, a summary of what was discussed at the meeting of the cell crisis over the budget is that this budget aims «to provide employees and pensions, social protection and kits war with Daesh. » This is the biggest goal of the Iraqi government economically, ie, subsistence, and tragic in the budget is that it dissipates all the promises and plans for reconstruction before the occupation of «Daesh» to a number of provinces and sabotage, let alone the needs of rebuilding what has been edited with the increasing cost of the war and spending on displaced? !!.
Economic situation of Iraq coup momentum of $ 100 a barrel or more to below $ forty price addressed by the government only to cut expenditure and taxation, fees and nibbling from salaries, which are all mechanisms will not address the problem, especially if we take into consideration that the economic problem in Iraq is not just about the collapse of oil prices , but also the cost of war and reconstruction, displacement and blockage of the horizon of development and development of economic and corruption, chaos and hostile environment for foreign investment. the Iraqi government and with all the parties in power are not serious in the face of the economic crisis , and perhaps desperate , or is not interested in is dependent on the waiting hoping that oil prices will resume rising, a is confirmed by optimistic statements over several months to politicians and officials , economists, and worst of all this that the Iraqi government still recognizes the economic planning in a time of scarcity and crisis to the same leaders who ran theeconomy , the days of plenty , although these leaders proved their worth and tolerance in spending is futile and Msaratha to implement erroneous and reckless decisions and disbursement of funds for the projects is an important and hope to complete it in exchange for skimping on more rewarding service projects as the current government assigned the task of economic and financial sites to figures in the previous government supports the reckless spending and defend the hotbeds of corruption and mechanisms of waste.
necessary change and economic leaders at this stage as can not be the mentality of financial waste that planned and carried out careful economic policy that either approach cut spending and increase taxes, fees and biting salaries, it approach does not require an economic genius and does not need experts, the State bankrupt can not spending does not pay all the salaries and any government that can issue quick decisions to impose taxes and fees . Economic and political leaders stagnant at their locations are Siamese twins share food and failure, corruption and confusion also lies which culminated claim that Iraq surpassed the economic crisis in 2016 withno problems , while the truth is that the government can not fulfill minimally economic goals of providing salaries only after resorting to borrowing from abroad and this blatant economic failure.
crises of Iraq has become a close - knit with each other and therefore difficult to face none ofthem because they will lead to political collapse , and because the government will rely on loans, it is expected to accommodate the external role in shaping economic policy in Iraq and we will find economists and financial advisers foreigners sitting beside military colleagues and specialists integrity.
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