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Dollar Matching Significance
02/8/2018 12:00 am [rtl]Dr.. In the name of Brahimi Well did the concerned in the Central Bank of Iraq when they announced two days ago in a clear statement matching the imports and expenditures of foreign currency for Iraq for the period from 2005 to 2017, in the context of the stabilization of the financial transparency, which we call, and this statement came at a time when the confusion arrived To the end, to the extent that some have said we have lost a thousand billion dollars for others to pass this speech without evidence, which drew a big question mark about the fact that happened on the financial side during the said period and if the previous speech is not accurate, what are the exact numbers . Some of the statements unfortunately were issued by people specializing in economic affairs, but it seems that they have other goals, as they say, forgetting the truth of what this talk of a negative impact on the overall economic relations and not only political, as the relationship between economy and politics are becoming so difficult to separate the boundaries of the relationship between them, According to his role as consultant and accountant for the government, the central bank records the movement of the government account (the Ministry of Finance), which prompted him to announce these figures to clarify the facts. The figures revealed dollar revenues of 706 billion dollars during the period 2005 - 2017 was spent 703 billion dollars, and the rest is a round balance is at the expense of the Ministry of Finance, about 70 percent of revenue went to the budget expenditures, especially ongoing, which are mostly salaries and wages, while 22 percent went to government imports, 6 percent to oil contracts and military contracts, while the remaining 2 percent was used to cover Iraq's debt payments. Some of them comment on the statement that it shows the financial statements of revenues and main doors of expenditures in terms of size and proportion without analyzing the efficiency of performance, and we see that this is normal in light of the state institutions because it is not within the jurisdiction of the Central Bank, but the competence of other supervisory or supervisory institutions to follow up spending and exchange doors with This is another topic that the statement did not aim at, and therefore we must prove the positive signs that this statement carries in presenting the facts and communicating with the public in a transparent manner in order to be a good year for all other institutions.[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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