Economist: Budget deficit "catastrophic"
[You must be registered and logged in to see this image.]
Economic expert, Saleh Al-Hamash, ruled out a vote on the [You must be registered and logged in to see this link.] during the first half of this year, stating: "The [You must be registered and logged in to see this link.] rate will be lower than what was estimated due to the lack of funding for some projects, but this will harm the Iraqi economy."
Al-Hamash said in a press statement: "The new Prime Minister, Muhammad Tawfiq Allawi, may not be able to deliver the [You must be registered and logged in to see this link.] to Parliament, and even if he can, it will not get a vote until the end of the first half of this year."
He added: "The proportion of the [You must be registered and logged in to see this link.] in the [You must be registered and logged in to see this link.] will fall from the declared 48 trillion dinars, especially that [You must be registered and logged in to see this link.] has allocated to the roundabout in the provinces in addition to the money that the budget will be delayed submission."
He explained, "The [You must be registered and logged in to see this link.]It is normal in other countries to reach 10%, but what will happen in [You must be registered and logged in to see this link.] a deficit of 27%, which is a catastrophic deficit.
[You must be registered and logged in to see this link.]
Economic expert, Saleh Al-Hamash, ruled out a vote on the [You must be registered and logged in to see this link.] during the first half of this year, stating: "The [You must be registered and logged in to see this link.] rate will be lower than what was estimated due to the lack of funding for some projects, but this will harm the Iraqi economy."
Al-Hamash said in a press statement: "The new Prime Minister, Muhammad Tawfiq Allawi, may not be able to deliver the [You must be registered and logged in to see this link.] to Parliament, and even if he can, it will not get a vote until the end of the first half of this year."
He added: "The proportion of the [You must be registered and logged in to see this link.] in the [You must be registered and logged in to see this link.] will fall from the declared 48 trillion dinars, especially that [You must be registered and logged in to see this link.] has allocated to the roundabout in the provinces in addition to the money that the budget will be delayed submission."
He explained, "The [You must be registered and logged in to see this link.]It is normal in other countries to reach 10%, but what will happen in [You must be registered and logged in to see this link.] a deficit of 27%, which is a catastrophic deficit.
[You must be registered and logged in to see this link.]
Today at 5:58 am by Rocky
» Al-Sudani directs the localization of private sector salaries and sets a date for the departure of c
Today at 5:57 am by Rocky
» Bakhtiar Haji meets a delegation from the General Directorate of Civil Defense in the Kurdistan Regi
Today at 5:56 am by Rocky
» New Cities Authority sets timeframes for project completion, reveals details of its services
Today at 5:54 am by Rocky
» Oil announces completion of drilling and rehabilitating 15 wells during the past month
Today at 5:53 am by Rocky
» Ministerial Council for Economy: Taking the necessary measures and decisions that contribute to mark
Today at 5:52 am by Rocky
» Parliamentary Legal: There is a trend to extend the legislative term of Parliament
Today at 5:50 am by Rocky
» What is the truth about extending the legislative term of the House of Representatives?
Today at 5:48 am by Rocky
» The "Freedom of Demonstration" Law is Ready for Voting.. How Was It Amended?
Today at 5:46 am by Rocky
» Mr. Al-Sadr on the US elections: It is shameful for an Arab to pin his hopes on a senile or insane p
Today at 5:42 am by Rocky
» Laws stuck hostage to disputes between blocs
Today at 5:41 am by Rocky
» Doubts after the decline in power supply at the beginning of each month.. Is there a deal between ge
Today at 5:37 am by Rocky
» utube 11/2/24 MM&C Report-Iraq 3 Presidents-National-Constitutional Entitlements-Open Market Operati
Yesterday at 3:54 pm by Rocky
» Integrity and the Financial Supervision Bureau agree to activate the cooperation agreement between t
Yesterday at 7:06 am by Rocky
» Al-Mashhadani faces 170 suspended laws.. Will they be approved or deported?
Yesterday at 7:04 am by Rocky
» Parliamentary demands to cancel the security agreement with Washington
Yesterday at 7:02 am by Rocky
» MP: Oil derivatives smuggling has decreased by 80% in Iraq
Yesterday at 7:00 am by Rocky
» After years of controversy, the Minority Protection Act is submitted for the first reading
Yesterday at 6:59 am by Rocky
» Al-Sayhoud: The ministerial reshuffle is useless for several reasons
Yesterday at 6:58 am by Rocky
» Iraqi government makes changes to the General Secretariat: Al-Juhaishi succeeds Al-Halbousi
Yesterday at 6:56 am by Rocky
» Extension of the legislative term of the Iraqi parliament for an additional month to pass laws
Yesterday at 6:55 am by Rocky
» Prime Minister: The necessity of strengthening Iraq's position to be at the forefront of the region'
Yesterday at 6:52 am by Rocky
» Parliamentary Transportation: We are determined to pass the Civil Aviation Authority Law
Yesterday at 6:50 am by Rocky
» Baghdad Council: Study of the reality of companies applying to implement projects
Yesterday at 6:49 am by Rocky
» Water Resources announces its control over the oil slick in the Tigris River
Yesterday at 6:48 am by Rocky
» Reconstruction: A new government vision for distributing serviced lands among those entitled to them
Yesterday at 6:47 am by Rocky
» Parliamentary Immigration Committee demands increasing the amount of the return grant
Yesterday at 6:44 am by Rocky
» Accreditation of specialized graduates to support quality control
Yesterday at 6:42 am by Rocky
» Heritage markets and buildings in Mosul after its reconstruction
Yesterday at 6:41 am by Rocky
» Specialized committee to ensure acceptance of cybersecurity outputs
Yesterday at 6:40 am by Rocky
» The Ministry of Interior issues mechanisms to regulate the work of private security companies
Yesterday at 6:39 am by Rocky
» Baghdad Council: Study of the reality of companies applying to implement projects
Yesterday at 6:38 am by Rocky
» Welcome to the trends of establishing an administrative capital
Yesterday at 6:36 am by Rocky
» Securities trade more than 88 billion shares
Yesterday at 6:34 am by Rocky
» Focus on the banking sector
Yesterday at 6:33 am by Rocky
» Imports and dependence on oil are obstacles to Iraq’s accession to the World Trade Organization
Yesterday at 6:32 am by Rocky
» Launch of the International Chamber of Commerce in Iraq
Yesterday at 6:31 am by Rocky
» Private sector and housing projects
Yesterday at 6:30 am by Rocky
» Sovereign guarantees... a trend that promotes national industries
Yesterday at 6:29 am by Rocky
» Development of tax policies and laws
Yesterday at 6:28 am by Rocky
» Basra Council reviews the mechanisms of the smart transformation system that the Ministry of Electri
Yesterday at 6:26 am by Rocky
» Against the backdrop of the rise in the best subscriptions...Nineveh Council: Fuel quotas for genera
Yesterday at 6:25 am by Rocky
» Trade: Launching the International Chamber of Commerce branch in Iraq
Yesterday at 6:24 am by Rocky
» Parliament.. A new political path under the leadership of President Mahmoud Al-Mashhadani
Yesterday at 6:22 am by Rocky
» ommunications and Media Commission implements 54 projects to serve more than 162 thousand beneficiar
Yesterday at 6:20 am by Rocky
» The Coordination Framework comments on the expected ministerial amendment: Information is exclusivel
Yesterday at 6:18 am by Rocky
» Al-Sudani receives draft memorandum of understanding to establish the Supreme Ministerial Council be
Yesterday at 6:17 am by Rocky
» Interior Minister discusses with Iranian counterpart in Tehran common files between the two countrie
Yesterday at 6:16 am by Rocky
» Integrity and the Financial Supervision Bureau agree to activate the cooperation agreement between t
Yesterday at 6:15 am by Rocky
» Victory Coalition: We call for adopting Imam Sistani’s directives as a document of principles for po
Yesterday at 6:14 am by Rocky
» The expected Kurdistan government.. between accelerating events and complex scenarios - Urgent
Yesterday at 6:12 am by Rocky
» Details of Talabani's meeting with the US Ambassador: The next government is a citizen's government
Yesterday at 6:10 am by Rocky
» "Before the axe falls on the head" .. Al-Sadr warns the Sudanese against adopting the issue of the "
Yesterday at 6:05 am by Rocky
» Iraq announces success in investing 67% of associated gas and converting it into energy
Yesterday at 6:04 am by Rocky
» Parliament overcomes Thursday's trap.. Sessions complain about their personal conditions and seek a
Yesterday at 6:03 am by Rocky
» The Election Commission closes the door to appeals in the Kurdistan elections with 41 appeals
Yesterday at 6:02 am by Rocky
» Trade Bank of Iraq signs a contract with “Hisabi Project” to localize salaries of the region’s emplo
Yesterday at 6:01 am by Rocky
» Baghdad faces a new test to maintain balance.. Threats of Iranian response to Israel from Iraqi terr
Yesterday at 6:00 am by Rocky
» Rafidain and Rashid deny the suspension of electronic payment devices: The service continues
Yesterday at 5:58 am by Rocky
» Al-Sudani agrees to launch an initiative to attract talent in the public and private sectors
Yesterday at 5:57 am by Rocky
» MP: 11 draft laws ready to be presented to the House of Representatives
Yesterday at 5:55 am by Rocky
» Al-Sudani and Al-Mashhadani discuss cooperation between the executive and legislative authorities
Yesterday at 5:53 am by Rocky
» Sudanese agrees to launch an initiative on artificial intelligence
Yesterday at 5:51 am by Rocky
» The dollar continues to rise.. Learn about the exchange rates in the Iraqi markets
Yesterday at 5:49 am by Rocky
» Mechanisms for regulating the work of private security companies in Iraq
Yesterday at 5:48 am by Rocky
» Transport decides to reject partnership between the General Company for Airports Management and the
Yesterday at 5:45 am by Rocky
» What does the Patriotic Union of Kurdistan expect from Mahmoud al-Mashhadani? Al-Sumaria reveals
Yesterday at 5:43 am by Rocky
» MM&C 11/3/24 Launch of the International Chamber of Commerce in Iraq
Sun Nov 03, 2024 3:50 pm by Rocky
» utube 10/31/24 MM&C Central Bank Governor of Iraq-Monetary Stability Directly Stimulating the Econom
Sun Nov 03, 2024 9:15 am by Rocky
» utube 10/31/24 MM&C MM&C News Reporting-Security & Stability-Sinjar Allocations-Unprecedented Develo
Sun Nov 03, 2024 9:15 am by Rocky
» Rafidain and Rashid deny the suspension of electronic payment devices: The service continues
Sun Nov 03, 2024 9:10 am by Rocky
» Iraq meets a third of housing needs, two directions identified to solve the crisis completely
Sun Nov 03, 2024 9:06 am by Rocky
» Activating the General Amnesty Law, a summary of the meeting between Al-Mashhadani and Al-Dhari
Sun Nov 03, 2024 9:03 am by Rocky
» Parliamentary recommendations to change "five" ministers in Al-Sudani's government.. Get to know the
Sun Nov 03, 2024 9:00 am by Rocky
» The controversy over the “controversial laws” continues.. and Al-Mashhadani confirms: They will not
Sun Nov 03, 2024 8:58 am by Rocky
» Sunday's currency auction.. 99% of the Central Bank of Iraq's sales went abroad
Sun Nov 03, 2024 8:56 am by Rocky
» Higher fines and powers.. the most prominent amendments to the expected Civil Defense Law
Sun Nov 03, 2024 8:53 am by Rocky
» Transport announces completion of initial design phase of development road with its land and rail ro
Sun Nov 03, 2024 8:51 am by Rocky
» Parliamentary Security: The Intelligence Law is ready.. 3 important paragraphs
Sun Nov 03, 2024 7:12 am by Rocky
» Central Bank dollar sales rise in today's auction
Sun Nov 03, 2024 7:10 am by Rocky
» Divided into three... Al-Fatlawi criticizes the Arab and Islamic position towards the aggression on
Sun Nov 03, 2024 7:09 am by Rocky
» Parliamentary Transport Committee reveals upcoming quadripartite meeting on development path
Sun Nov 03, 2024 7:07 am by Rocky
» Parliamentary Planning: The ministerial amendment is based on 4 directions
Sun Nov 03, 2024 7:06 am by Rocky
» "Until the case is settled"... the judiciary suspends the decision to dismiss Al-Karwi from the pres
Sun Nov 03, 2024 7:05 am by Rocky
» Increasing for a year and a half.. Announcing the results of the investigation into Baghdad's pollut
Sun Nov 03, 2024 7:03 am by Rocky
» Banking Association: Reducing inflation helped stabilize commodity prices
Sun Nov 03, 2024 7:00 am by Rocky
» Parliamentary Investment and Development Committee calls for commitment to the “Investment Law”
Sun Nov 03, 2024 6:58 am by Rocky
» Parliamentary Finance settles the controversy: This is the fate of the appointments file in the 2025
Sun Nov 03, 2024 6:57 am by Rocky
» Trade Bank of Iraq explains procedures for money transfers and combating money laundering
Sun Nov 03, 2024 6:56 am by Rocky
» Within three days, Iraq indicates an increase in the number of aircraft landing and crossing the air
Sun Nov 03, 2024 6:54 am by Rocky
» Public services reveal the reality of the capital.. This is what it needs
Sun Nov 03, 2024 6:53 am by Rocky
» Population growth and ongoing suffering.. A briefing on the "deteriorating" situation in Baghdad
Sun Nov 03, 2024 6:53 am by Rocky
» Parliamentary Committee Proposes Attracting Real Estate Developers
Sun Nov 03, 2024 6:51 am by Rocky
» Direction to transfer beneficiaries of the protection network to the Social Security Law
Sun Nov 03, 2024 6:50 am by Rocky
» Speaker of Parliament
Sun Nov 03, 2024 6:49 am by Rocky
» I learned {morning}
Sun Nov 03, 2024 6:48 am by Rocky
» Al-Sudani directs to establish the concept of (Made in Iraq)
Sun Nov 03, 2024 6:47 am by Rocky
» Al-Mashhadani to {Al-Sabah}: Controversial laws will be presented unanimously
Sun Nov 03, 2024 6:46 am by Rocky
» Establishment of Al-Ghadeer Residential City in Muthanna
Sun Nov 03, 2024 6:44 am by Rocky