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


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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


    Ambitions to achieve a balance between expenditure and income

    Rocky
    Rocky
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    Posts : 280492
    Join date : 2012-12-21

    Ambitions to achieve a balance between expenditure and income Empty Ambitions to achieve a balance between expenditure and income

    Post by Rocky Thu 06 Feb 2014, 6:15 am

    Ambitions to achieve a balance between expenditure and income


    6/2/2014 0:00

    BAGHDAD - morning
    aspiring government within its strategy of development to achieve a balance between expenditure and revenue by investing to increase crude oil exports in the development of various sectors.
    general manager of the single window in the National Investment Commission, Dr. Abdullah al-Bandar said "morning": "It is the ambition to achieve a balance between revenue and expenditure, especially given that the expenses more, though, that revenue comes from a great resource which is oil in addition to other resources, even if they are weak. "and budget amounts to the year 2014, about 170 trillion dinars, after taking into account the revenues derived from the export of crude oil on the basis of average price of $ 90 per barrel at the rate of export of three million and 400 000 barrels per day of crude oil, including quantities of the product in the Kurdistan region. He said al-Bandar: that the country is dependent on oil, as it plans to increase its exports in order to increase revenue, they returned it, "health condition" if poured in the development of the national economy and get growth rates in the development of other sectors.
    pointed out that the country needs to achieve higher revenues than expenses, depending the planned economic, especially given that the proportion of operational spending big and spending on goods big against which the revenue a few causes a deficit in the budget, noting that whenever the revenue derived from the productive sectors as resources economic non-oil resources, it must develop the economy and bring other revenues while reducing the gap between revenues and expenses, and thus leads to reduce the budget deficit and achieve sustainable development, as well as satisfy the basic needs of the citizen. Regarding the objective of the development plan and budget of the year 2014, said al-Bandar, the presence of an ambition to achieve a growth rate higher than 9 percent of the revenue of variety and the development of economic sectors effective by factors and variables lead to the achievement of economic balance and balanced economic growth

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