Warnings of Iraq exposed to economic shocks due to oil prices
01/14/2014
BAGHDAD / JD / .. Warned a member of the Iraqi parliament MP for the coalition of Kurdish blocs Sheriff Soliman, the probability of the occurrence of significant economic shocks in the country in the event of the continuation of the state based on the total oil revenues that fluctuate their prices.
He said Suleiman told / JD /: to stop the productive sectors of the country Kalzeraih and industry have made the Iraqi economy is weak and vulnerable to shocks of the global economic, being dependent and by (95%) on oil sales, which means that he is affected by fluctuations in oil prices in global markets, which gives a negative indicator of the development process Despite the huge financial budget of the country.
He added that the Iraqi government should have to adopt an economic plan strategy monitors have enough money check which sustainable development in various productive sectors, to diversify state revenues and reduce the drain on providing jobs for the unemployed, and the reduction of poverty rates in the country.
According to the estimate of imports in the budget in 2013, the form of oil of which 93%, while the estimated income tax foreign oil companies 0.25.
According to the budget in 2013, obtained by the agency / JD / that 93 percent of Iraq's revenues come from oil, while the remaining ones, it depends from taxes.
The following Iraq's imports figures.
Max tax 0.29
Taxes and other charges 2.19
Fees for services 0.14
Movable bodies and public companies state-owned 2.36
Interest Income 0.04
Income Tax Employees 0.27
Income tax foreign oil companies 0.25
Corporate income tax 0.31
Income tax of individuals 0.15
Tax contained Alkmarki 0.89
Oil revenues 93.11. / End / 8 /
[You must be registered and logged in to see this link.]
01/14/2014
BAGHDAD / JD / .. Warned a member of the Iraqi parliament MP for the coalition of Kurdish blocs Sheriff Soliman, the probability of the occurrence of significant economic shocks in the country in the event of the continuation of the state based on the total oil revenues that fluctuate their prices.
He said Suleiman told / JD /: to stop the productive sectors of the country Kalzeraih and industry have made the Iraqi economy is weak and vulnerable to shocks of the global economic, being dependent and by (95%) on oil sales, which means that he is affected by fluctuations in oil prices in global markets, which gives a negative indicator of the development process Despite the huge financial budget of the country.
He added that the Iraqi government should have to adopt an economic plan strategy monitors have enough money check which sustainable development in various productive sectors, to diversify state revenues and reduce the drain on providing jobs for the unemployed, and the reduction of poverty rates in the country.
According to the estimate of imports in the budget in 2013, the form of oil of which 93%, while the estimated income tax foreign oil companies 0.25.
According to the budget in 2013, obtained by the agency / JD / that 93 percent of Iraq's revenues come from oil, while the remaining ones, it depends from taxes.
The following Iraq's imports figures.
Max tax 0.29
Taxes and other charges 2.19
Fees for services 0.14
Movable bodies and public companies state-owned 2.36
Interest Income 0.04
Income Tax Employees 0.27
Income tax foreign oil companies 0.25
Corporate income tax 0.31
Income tax of individuals 0.15
Tax contained Alkmarki 0.89
Oil revenues 93.11. / End / 8 /
[You must be registered and logged in to see this link.]
» FRANK26……11-29-23……MONETARY SOVEREIGNTY MEANS YOUR NEW CURRENCY trusts, what to do with your rv cas
» Construction reaches the fourth stage of projects to remove bottlenecks
» Among them is cooperation between Baghdad and Erbil: an American vision for addressing the climate c
» Integrity announces the referral of files inflated by more than a quarter of a trillion dinars
» In the document.. The European Union bans Iraqi airlines from its airspace
» Minister of Education: Agreement with the Iraq Fund for Development to build a thousand schools
» News website: The solar panel system reduces the burden on the Iraqi family
» International Organization for Migration: 1.17 million people are still displaced in Iraq
» The Minister of Natural Resources reveals the latest developments regarding the resumption of Kurdis
» Al-Halbousi: I will not leave Iraq and will appear before the judiciary at any time
» Al-Halbousi addresses his Sunni opponents: You will not return to the political scene again
» Iraq announces an additional voluntary reduction in oil by 211 thousand barrels per day
» Washington announces $100 million in aid to Baghdad
» Magically Delicious
» utube 11/30/23 iraqi dinar Set IQD For Revaluation 2023 / Iraqi Dinar News Today /
» The Minister of Labor issues a directive to stop the social research process
» Rights reiterates its rejection of the American forces remaining in Iraq
» Representative from Al-Halbousi Party: Complaints against “progress” are political and a media whirl
» Al-Mandalawi calls for the formation of an international economic alliance
» The Iraqi Islamic Commercial Bank achieves a profit of 6.4 billion dinars
» Head of the Integrity Commission: Iraq worked to recover the accused and the funds, whether at home
» The Iraqi market traded shares worth more than 93 billion dinars during the month of November
» Rumaila Field Management: In our projects, we focus on reducing water waste and environmental pollut
» Talabani to the Iranian Consul: Serious efforts to solve problems with Baghdad regarding salaries an
» "UNAMI": Iraq's losses from fish resources are estimated at about 400 million dollars annually
» “Markets are paralyzed”... The dollar crisis exacerbates the problems of the Kurdistan region and th
» External remittances increased by 87% in the Iraqi Central Auction
» Referring the file of Al-Halbousi Party’s contract with a company linked to Israel to the Judicial A
» What is expected from the OPEC+ meeting today? And the most likely scenarios
» Saleh: The final accounts of official institutions are a binding condition for evaluating public mon
» In the document, the Minister of Finance assigns a number of employees to manage the positions of th
» The Minister of Labor directs to stop social research and issue Qi cards to protection beneficiaries
» With the participation of Iraq, the climate conference kicks off in Dubai with hopes for renewable e
» The Minister of Health will visit Bahrain next month and a memorandum of understanding will be signe
» Al-Sudani directs to maintain the escalating pace of work on projects to relieve traffic congestion
» Framework: We will not interfere in choosing the Speaker of Parliament and leave the matter to the S
» Economic: Electronic fuel cards contribute to eliminating the smuggling of derivatives
» A parliamentarian accuses the Central Bank of hiding the facts about the currency auction
» National Union: The accusations between Baghdad and Erbil resulted in the region’s employees falling
» Taqaddam holds a meeting to elect a new president to succeed Al-Halbousi
» It leads him to prison... 3 heavy charges await the ousted president, including inflating funds
» Decrease in dollar prices in the parallel market
» Political movement and anticipation of Sunni understandings regarding the personality of the expecte
» More than a billion dollars.. Iraq is the second largest importer from Türkiye within a month
» Al-Naili: We allocated plots of land to the families of the martyrs and distributed the first batch
» Organized crime: Coordination with the Kurdistan region to pursue foreign currency speculators
» Minister of Environment: Iraq's participation in the Conference of the Parties will be effective
» Specialists: Reconstruction bonds are an important step whose interest should be increased
» Al-Nusairi: A new round of understandings to regulate trade financing and control the exchange rate
» Prime Minister: We provide all facilities to major investment companies of various nationalities
» Al-Mandalawi calls for the formation of an international economic alliance
» Parliament intends to prosecute conservatives who used public money in their electoral propaganda
» Parliamentary demands to increase allocations for the school feeding project
» Iraqi-British discussions to enhance security cooperation
» Trade: Including the poor and employees in the construction basket
» A campaign to follow up on the installation of generator meters in Baghdad
» 16 million voters are included in the provincial council elections
» Calls for Iraq to join the “Rome Convention”
» Economic circles welcome the establishment of the Iraqi-Chinese Business Council
» Entrepreneurship...the path to job opportunities
» Specialists: Reconstruction bonds are an important step whose interest should be increased
» A representative is dissatisfied with a decision of the Council of Ministers: He fixed the quotas an
» Al-Sudani directs the legal prosecution of anyone who exploits the state’s capabilities to influence
» To end the salary crisis in Kurdistan... a Kurdish delegation demands two things from Sudanese
» Al-Sudani is in Basra on Saturday to lay the foundation stone for Al-Faw Road and open an investment
» Al-Sudani Office: Changxin Company will implement an industrial city in Basra and invest in sulfur i
» The Iraqi dinar recovers against the US dollar.. 157,500 for every 100 dollars in Baghdad
» Parliamentarian: Iraq loses about $500 million every day from burning gas
» America’s violations reach communications...the people are threatened by espionage and liberation “S
» The Kurdistan Regional Government responds to Ammar Al-Hakim’s demand to pay the salaries of teachin
» Residential complexes and water and sewage projects... inclusion of the second phase of the Kut Bagh
» Strict inspection at Gate 18...the most expensive Green Zone markets in Baghdad...goods enter with g
» Al-Sudani congratulates the Saudi Crown Prince on his country’s win to host Expo 2030
» Al-Sudani limits the movement of military convoys to the “Operations Book” and directs the prosecuti
» The cabinet reshuffle battle is decided in favor of Al-Maliki... and positions are distributed accor
» Al-Sudani: Citizens are hopeful as they see the government’s seriousness in implementing projects
» Al-Sudani: The government will provide facilities to major companies of various nationalities
» The President of the Republic, Dr. Abdul Latif Gamal Rashid, heads to the Emirates
» The Federal Interior decides to allow registered motorcycles to roam at all times
» A female representative hints at withdrawing from “sovereignty”: Our representation has become more
» Iraq does not need a quarter of its gas imports.. What do you know about the “Nahr Bin Omar” field?
» The dollar declines against the dinar... a new decline in the exchange rate in Iraq
» New York Times: Luck alone saved the Americans in Iraq from more serious losses!
» Through a Chinese company.. Iraq is close to establishing a project for sulfur investment
» Khamenei: The Americans wanted to swallow Iraq, but they could not
» The black market dollar will collapse in a very short period - a government statement
» Oil company: Nahr Bin Omar gas field will provide electricity to more than 4 million Iraqis
» Al-Sudani directs the disbursement of 3 new loans to Kurdistan
» Labor announces the launch of the optical cable project to connect its circuits electronically
» More than 1,000 farms are moving to modern irrigation in Diyala
» The Central Bank announces a decrease in the inflation rate compared to last year
» The Iraqi Stock Exchange closes up by 1.92%
» “Pending points” for the resumption of Kurdistan oil exports... Expectations that it will flow at ha
» Finance agrees to make a transfer of 19 billion to cover Basra’s salary deficit
» A leader in the National Bank: The differences with the Democratic Party are deep and we have not re
» Central Bank: The inflation rate in Iraq decreased and reached 3.7% in August
» State of Law: America's plans to change regimes in the region are no longer valid
» Parliamentary Finance: The government will reduce circulating liquidity by 10% next year