Specialists: The white paper was not implemented correctly and its damage was limited to the citizen

[size=52]Specialists: The white paper was not implemented correctly and its damage was limited to the citizen[/size]

[size=45]Baghdad / Hussein Hatem[/size]
[size=45]There is still talk about the “white paper” between welcome and criticism, and specialists point out that it has not been implemented as required, but the government is talking about “impressive results” in the second year of its application, including “overcoming the financial collapse and global indebtedness and achieving a cash surplus.”[/size]
[size=45]The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said, in an interview with (Al-Mada), that "the white paper is a medium-term reform approach, and at the same time an expression of the state's policy in facing the problems of the rentier Iraqi economy, which despite the state of optimism in oil prices, is not It is still subject to the risks of fluctuations in the energy market in the world.” Saleh added, "The white paper includes two types of sustainability, financial and economic."[/size]
[size=45]Prime Minister Mustafa Al-Kazemi had presented a comprehensive economic program known as the "White Paper", at the end of last year, which experts prepared as a road map to achieve reliable economic construction capable of facing changes. Al-Kazemi’s paper came amid a stifling economic and financial crisis that prompted the Iraqi government to borrow internally and externally to secure the salaries of its employees.[/size]
[size=45]In addition, Finance Minister Ali Abdul-Amir Allawi confirmed, two days ago, in a statement received by Al-Mada, that "the reform white paper was launched to correct structural distortions in the economy, the labor market, and in financial and monetary policies."[/size]
[size=45]Allawi continued, "The paper achieved during its second year, despite the challenges, impressive results, such as overcoming the financial collapse and global indebtedness, and achieving a cash surplus, which will be a basis for starting towards addressing the deterioration that affected the productive economic sectors."[/size]
[size=45]Allawi pointed out that "the reform paper stressed the need to rebuild all sectors and in various fields, whether leadership, administrative, humanitarian and personal. Technological skills occupied a large part of the government's concerns, such as digitization and automation of systems and the application of the ASYQUADA system, which is one of the modern systems to strengthen reform measures to improve the performance of financial institutions, including tax collection. Customs at ports and border crossings.”[/size]
[size=45]For its part, the economic affairs specialist Salam Sumaisem said, in an interview with (Al-Mada), that "the government has accomplished its short-term plan included in the white paper by reducing the price of the Iraqi dinar by providing financial liquidity."[/size]
[size=45]Sumaisem added, "There is confusion in economic policies, and this confusion leads to the collapse of the financial base after directing it to the developmental doors, as the current expenses are directed in Iraq, most of which are salaries, petty cash and unnecessary expenses."[/size]
[size=45]During the years 2020 and early 2021, the Iraqi economy faced major challenges related to the decline in crude oil prices due to the outbreak of the Corona pandemic and the closure restrictions imposed by the decline in economic activities in the world.[/size]
[size=45]The economic affairs specialist indicated, "The white paper has a five-year term, and the dollar exchange rate will be on the rise and it is impossible for it to fall below the fixed price during the term of the white paper." In turn, economic affairs specialist Diaa Al-Mohsen said in an interview with Al-Mada that "the economic reform launched by the government under the name of the White Paper, nothing has been achieved on the ground despite the passage of about two years, as this project included two short-term plans that did not achieve any step." towards progress as well as a long-term plan.”[/size]
[size=45]Al-Mohsen added, "Iraq is experiencing continuous population growth and inflation, and this will make it more difficult and address the economic situation if the government does not accelerate to keep pace with this growth." He pointed out that "Iraq's oil exports until the end of this year did not exceed 100 billion dollars, in addition to a decrease in non-oil revenues from 20 trillion dinars to 7 trillion dinars."[/size]
[size=45]Al-Mohsen asked, "Where are the achievements made by the white paper?", adding, "Currency smuggling is still going on, and the agricultural sector has reduced its plan to 50% due to the lack of revenues."[/size]
[size=45]He added, "Reducing the price of the dinar against the dollar only reduced the deficit and did not achieve any achievement for the poor and middle classes."[/size]
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