Citizen: the budget deficit up to 60 billion dollars due to the wrong fiscal policies [audio]

Citizen: the budget deficit up to 60 billion dollars due to the wrong fiscal policies [audio]

Friday, 28 March / March 2014 09:59





[Baghdad - where]

The head of the parliamentary bloc citizen Baqer al-Zubaidi, the existence of a real deficit in the budget of the state of public finances up to 60 billion dollars.

He Zabdi told all of Iraq [where] that "the real problem in the budget is a deficit of real first time witnessing Iraq after 2003 deficit of real Each deficit was Tkhmonaa, exceeding the deficit in the budget of 50-60 billion dollars, if we add other materials, a detailed study and placed Under Tables and presented to the President of the House of Representatives and asked him to be distributed to all members of Parliament to familiarize themselves with the seriousness of the financial position for the current year and the next two years. "

"We noted in the study that we are in front of the crisis to come because the administration and the Ministry of Finance and the Central Bank were not at the required level during the past four years and got kind of confusion and the kind of exchange uncontrolled did not provide a balance of cash in order to know how exchange and how much remained our affirm that there is a deficit of real This poses a real threat to the economic future of the country. "

He said Al-Zubaidi "We hope that there is no deficit is real, and even if he should be no more than 7 to 8 billion dollars and the current budget says he will borrow from the IMF, but how are borrowing from the Fund and we have stopped negotiating the so-called Convention chock sta We have no relationship as they were in the past and we have no communication with the IMF? Fund was giving his opinion on the budget and Ieonna experts and when owe give us amounts to borrow, so the amount of the deficit should not be more than this size so as not to get into the corridors of gravity in the fiscal and monetary policy. "

The head of the citizen that "the share of the five dollars, which is an important part of the provincial law No. 21 of 2008 as amended and accepted by the government backed down, but after public pressure from the producing provinces has re these amounts, we do not know where you will extract this amount because it does not exist in the project budget law the original and then came the book later General Secretariat of the Council of Ministers confirms re amount five dollars instead of one dollar and if at all The budget has a lot of notes, and I made as president bloc citizen days before a brief study about the real deficit in the budget. "

The head of the House of Representatives Osama Najafi has between earlier that "the budget by a substantial lack, because the share of the provinces did not give them according to the percentage specified", pointing out that "the government has handled the budget hastily and sent after it changed the ceiling to 175 trillion dinars and included five dollars where , which led to a change and rising budget deficit ceiling to the 30 trillion dinars, "adding that" the Council of Ministers has transferred Baaladtha budget to the House of Representatives, creating an atmosphere of political intersection within the Council. "

It is scheduled to hold the House of Representatives on Sunday its regular agenda includes the second reading of the budget without financial confirm the presence of the Kurds and the House of Representatives of the coalition are united session. Ended 2

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