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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

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    Ecnomist: IMF loans have no positive impact on the Iraqi economy

    Rocky
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    Ecnomist: IMF loans have no positive impact on the Iraqi economy  Empty Ecnomist: IMF loans have no positive impact on the Iraqi economy

    Post by Rocky Mon 06 Jan 2014, 2:14 am

    Ecnomist: IMF loans have no positive impact on the Iraqi economy




    01/04/2014 11:45:00

    BAGHDAD / Nina / ruled out of international economic expert Majid picture, the importance of the impact of IMF loan on the Iraqi economy.

    He told the National Iraqi News / Nina / day, that "the IMF a central institution to prevent the occurrence of crises the international economic system through temporary funding for states to address the deficit of financial budgets," stressing that "Iraq does not need IMF loans to the absence of a deficit scary financial budget."

    He said, "The IMF loans do not have a positive impact on the Iraqi economy, if that, Iraq's budget does not need the funding Mali," adding, "It is possible to have a positive impact if there was a real deficit in the budget."

    He said the picture "no large surpluses in Iraq's money and there was no detection of cash flow budgets Iraq to uncover the real deficit of the budget of Finance," he said, adding that "large amounts of excess relive the budget set by the Board of Supreme Audit up to 58 billion dollars each fiscal year, which confirms the lack of need for Iraq the International Monetary Fund."

    It is said that the IMF is a specialized agency of the United Nations system agencies, established under an international treaty in 1945 to work on enhancing the safety of the global economy. / Finished 8

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