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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    An invitation to pressure government expenditures in proportion to and imports

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278239
    Join date : 2012-12-21
    • Post n°1

    An invitation to pressure government expenditures in proportion to and imports Empty An invitation to pressure government expenditures in proportion to and imports

    Post by Rocky Fri 17 Oct 2014, 6:04 pm

    An invitation to pressure government expenditures in proportion to and imports

    10/18/2014 0:00

    To lessen the effects of lower oil prices on the global budget 2015

    BAGHDAD Mustafa al-Hashemi

    At a time when Iraq is facing the challenges of fluctuations in world oil prices and their direct impact on the budget is expected next year, there is a need to adopt a number of measures to minimize these effects on the economy of the country to ensure the continued development plans established through the adoption of expenditures in the light of the imports in the 2015 budget.

    In this context, called the economic academic Dr. Majid Baidhani to reduce government expenditures and compressed strongly commensurate with the situation that the country is going through, along with lower global oil prices.

    He added Baidhani told (morning) as long as the Iraq depends on its budget on a single resource (oil revenues), the strength of its economy will depend on world oil prices makes it imperative upon the adoption rate precautionary barrel of oil is always less than the world price in the market to minimize the effects of fluctuations in oil prices in the world on the budget.

    At a time when there is an expert that the prices of raw suit what is passing through the world economy and prices approaching stability rather than decline, said Baidhani that the price of a barrel precautionary to offset in 2015 should be between $ 60 and $ 70 so as to expectations that the world is witnessing a warm winter this season, which diminishes the demand for fuel in the European countries, which is one of the most important markets for oil in the winter.

    Reports indicate the global to continuing delays and slow recovery because of the difficulties faced by the European economy in attempts to reduce the natural rate of unemployment, and the emerging economies such as India, Brazil and Russia in general and China in particular is without ambition to compensate for the slow recovery in the West.

    He considered the academic economic importance to proceed from now to the development of the productive sectors to diversify the country's economic and reducing dependence on oil supplier and its continuation pole unite to finance the budget, pointing to the importance of the adoption of the financial resources other than through the promotion of the sector taxation and the application of the foundations of fiscal policy right in proportion to the development of economic efficiencies in order to achieve development .

    Show the economic challenges faced by Iraq and clear, especially after the decline in the price of a barrel of oil last week, and comes at a time when Iraq needs all the money they can get to enhance the ability to cope with the risks of price fluctuations and the sustainability of its economy.

    Baidhani predicted that Iraq is witnessing conditions unsuitable especially after the IMF issued a report on Iraq's economy for the next year calling for reductions in public sector expenditures in 2015, and especially that the government may have to run budget deficits.

    [You must be registered and logged in to see this link.]
    --
    • Back to top
      Current date/time is Sat 28 Sep 2024, 5:44 pm