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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Advisor Abadi: three elements sought by the IMF to strengthen the budget of Iraq 2018

    Rocky
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    • Post n°1

    Advisor Abadi: three elements sought by the IMF to strengthen the budget of Iraq 2018 Empty Advisor Abadi: three elements sought by the IMF to strengthen the budget of Iraq 2018

    Post by Rocky Sun 10 Dec 2017, 3:35 am

    [size=30]Advisor Abadi: three elements sought by the IMF to strengthen the budget of Iraq 2018[/size]



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    The financial adviser to the prime minister, Mohamed Saleh, said on Sunday that three elements the IMF is seeking to strengthen with a budget Iraq 2018, while stressing that most of Iraq's debts are internal.
    Saleh said in an interview with the news agency Kashif News that "the IMF is seeking To the so-called financial consolidation of three elements of the budget in 2018, including the reduction of unnecessary expenses and maximize non-oil revenues and reduce the accumulation of debt. " 
    Saleh added that "the three elements are difficult to achieve and therefore must be the budget installed levels of revenue and expenditure on these three principles, noting that sometimes take the budget adjustment to improve oil prices in light of the work of Shi mitigation is not true because there is a deficit in the structural budget because of the dominance of oil resources And debt on all expenses and therefore if additional revenue in the budget goes to repay debts as a burden and gives space for future borrowing for issues to put better.
    Saleh pointed out that "borrowing has become a circumstance of terrorism and its purpose in defeating a supporter, but we need borrowing for development purposes and therefore should provide space in the so-called financial space, which is borrowing according to the international financial ratios, which do not exceed 60% of gross domestic product, The debt should be extinguished as much as possible and at the same time a qualitative borrowing is made for specific projects that promote employment and compensation of value added and raise rates of growth rates in GDP.
    "Iraq's debts are mostly domestic to government banksThe Ministry of Finance, revealing the existence of a mechanism in the future is to work in the case of payment to go to the fund to be returned to the market and the private sector and become a recovery and imports become a development.
    The presidency of the parliament on 3 December last, decided to refer the draft bill of the budget of 2018, to the Finance Committee, after its arrival from the Iraqi government.[You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]
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    Rocky
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    • Post n°2

    Advisor Abadi: three elements sought by the IMF to strengthen the budget of Iraq 2018 Empty Advisor Abbadi: IMF seeks to promote these items by the budget of 2018

    Post by Rocky Sun 10 Dec 2017, 3:47 am

    Advisor Abbadi: IMF seeks to promote these items by the budget of 2018
    December 10 2017 11:34 p
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    [rtl][rtl]Appearance of Mohammed Saleh economic adviser to the Prime Minister[/rtl]
    [/rtl]
    Baghdad Post
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    The financial adviser to the Prime Minister announced the appearance of Mohammed Saleh on Sunday that three elements sought by the IMF to strengthen the balance of Iraq 2018, while stressing that most of Iraq's debts are internal. 

    Saleh said that "the IMF seeks the so-called financial strengthening of the three elements of the budget in 2018, which is reducing unnecessary expenses and maximize non-oil revenues and reduce the accumulation of debt."

    Saleh added that "the three elements are difficult to investigate and therefore the budget must be installed levels of revenue and expenditure on these three principles.
     
    Indicating that it sometimes takes the adjustment of the budget improved oil prices in view of the work of Shi mitigation is not true because there is a deficit in the structural budget because of the dominance of oil resources and debt on all expenses and therefore if additional revenues in the budget goes to repay debts as a burden and gives space for future borrowing of issues to put better. " 

    Salih noted that" borrowing has become airily terrorism and led its purpose in defeating Daesh but we need to borrow for the purposes of development and therefore must provide a space with so - called financial Balehiz who is borrowing in accordance with international financial ratios that do not exceed 60% for domestic production Alajm Lee, pointing out that he must extinguish the debt as much as possible and at the same time are the two types of borrowing for specific projects promote the operation and to compensate the added value and higher growth rates in gross domestic product ( GDP ) . "

    He stressed that "the debts of Iraq are mostly internal to the banks of the government and the Ministry of Finance, revealing the existence of a mechanism in the future are working in the case of payment to go to the fund to be returned to the market and the private sector and become a recovery and imports become development. 

    The presidency of the parliament on 3 December last, decided to refer the draft bill of the budget of 2018, to the Finance Committee, after its arrival from the Iraqi government.


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