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Finance Minister: adoption of the budget came after a painstaking efforts of the achievements of the government, but we need cooperation of citizens with regard to pressure spending and rationalize consumption
History of edits:: 2015/2/26 17:36 • 48 visits readable
Finance Minister: adoption of the budget came after a painstaking efforts of the achievements of the government, but we need cooperation of citizens with regard to pressure spending and rationalize consumption
{Baghdad: Euphrates News} Finance Minister Hoshyar Zebari said the adoption of the fiscal federal budget for the current year came after strenuous efforts, one of the achievements of the government, but we need cooperation of citizens with regard to pressure expenses and rationalize consumption.
Minister Zebari said in a Thursday afternoon at the ministry told a news conference attended by the Agency correspondent {Euphrates News} "The adoption of the budget by the parliament and the endorsement of the presidency and publication in the official proceedings came after strenuous efforts and is one of the achievements of the government, and in appreciation, the budget was the reality of the It is practical, realistic and we had several amendments to it, and all the experts and specialists praised the realism and its proximity to the current situation in the country, and every day we hear that the country is going through an economic crisis is difficult and lack of financial liquidity pressure, and we hope that this will be a temporary pressure, and we need to steps and practical measures to overcome them. "
And between Zebari said that "the budget size compared to the budgets of neighboring countries, equivalent to the budget two or three neighboring countries, but our commitment to a huge and very large, and our expenses in this budget, we turned to rationalize spending and pressure on public investment expenditure due to the limited revenue, and we went through tough times of poor financial planning and a lack of economic sense and financial governance, and also exacerbated put terrorism Daash dramatic decline in oil prices by about 60%, is what made us in front of a new reality and how to measure things during this year, which can be difficult and we need it to cooperate citizen, and for people to appreciate that even though it is our duty to provide services and basics such as salaries The Food and Drug Administration and the security and defense in light of the daily confrontation Daash terrorist gangs. "
He added: "We declare at the Council of Ministers and the Ministry of Finance's decision to start practically regardless staff self-financing companies salaries, we have taken all measures and transfer money to the banks. These companies review banks; to provide lists of their members to receive their salaries, and talking about the 176 company number more than 500 000 employees and this commitment by the government, and after the issuance of the budget law, we will continue regardless of their salaries and pensions, and this announcement today first, it's the other, a compressor for us through the start regardless 250 billion dinars to support farmers through the Ministry of Trade and accruals crop rice in the coming days and we are preparing the priorities and necessities ".
He continued, "After the publication of the budget law required from the Ministry of Finance to issue instructions implemented for all ministries and agencies, and these instructions issued daily in contact with these agencies to come to the ministry received regarding the powers of the exchange and how to implement the budget items, and we have also issued instructions for the implementation of the provisions in the budget items concerning taxes and tax Sales and fill in the mobile phone and import cars and Internet companies and cigarettes and alcoholic beverages, and accomplished on us, and one of the things that we turned to them is how to maximize the interior and increase the state's resources, and required of all state departments attention to levy charges and fees and an emphasis on it; because the country needs to provide the greatest possible revenue from internal sources. "
He went on, "and within the Ministry of Finance is instructed pressure expenditure for all ministries and government bodies, and reduction in several areas such as hospitality and wages calls and conferences and deputations and everyone cooperation so."
He noted that "the current budget is built on the light of the agreement between the Kurdistan region and the center's contribution province exported 550 000 barrels of fields and those in Kirkuk and be within the budget bill, and then take the provincial share of 17% of the federal financial budget, and within the measures taken by the government, which was There are some of the problems in the implementation of onset, but an ongoing dialogue between the two sides amid Takidathma to abide by the agreement, which is irreversible and must succeed, and there are mutual obligations and expect the visit of a delegation from the province to Baghdad for the continuation of the dialogue, noting that Baghdad actually turned part of the dues the region of $ 250 billion dinars and, God willing to get there, which is part of the dues, but not all, and we hope to continue this dialogue; because the benefit of all and hear sometimes voices from the past say that there is no discrimination, but do not put ourselves place to respond to such voices; we manage and moving things State and not to party or region or party. "
Carter said, "The Ministry of Finance will prepare a financial statement on last year's budget and wait for the final accounts for some of the ministries and Alhiat, and we will announce it to the people and explain the size of expenditure and revenue and practically does not exist last year's budget and there is nothing to hide at all."
He went on, "that the country is going through circumstance Mali difficult to lack of financial resources and advances that were acted including 100 salary, but is currently stalled due to the loss of liquidity, and in the budget law is installed decades owners who have three years of service, either financial wages remain the need of ministries, but also it is not open Vemoazna ministries, as well as determine Srvyatea, and the nature of the current situation requires a patient in unnecessary things and the duty of the media to clarify that for the citizens. "
He explained that "the principle of the extension of salary payments for 40 days was misunderstood and say, in principle, we have a crisis in the financial liquidity in the financing, and today every effort is toward securing pay salaries on time and this priority for the government and may sometimes be delayed payment of salary, but not cut the salary of any day of employees' work days, but may be delayed delivery and this is in the states, but we have not gotten to this stage. "
He continued "We are working to provide the final accounts for last year and we are so there is urgency and claims in this matter, money surplus and rounded been few this year compared to previous years, but this surplus drained with low oil prices, and we do not have a surplus."
And between Finance Minister Hoshyar Zebari said that "relations between Erbil and Baghdad is tense at all which is the cooperation and participation in government relations have been Problems occur but the recent agreement steadfast and present, have been problematic in the implementation and Minister Kurds are working with the government to overcome these problems occur; the existence of reciprocal obligations and the parties adhered to The agreement is fair to collapse. "
And complete "no liquidity crisis stifling and working on retrenchment and look for indirect taxes, and the interpretation of bankruptcy .. Everyone has a vision of its own and expression to provide new revenue, but Iraq has the potential and capabilities of the non-collapsed economically, but on the other hand do not live in a financial Bahbubh, and the situation has changed Because of terrorism, defense spending and the drop in oil prices reflected this economic situation and Pat affect the value of the dinar and work priority and oppose any attempts to manipulate the reserves of the Central Bank and we are with the independence of the bank balances therein; to protect our currency and maintain the rate of the dinar, but oscillations occur days affected by the political and economic situation. "
He added that "the size of central bank reserves, according to the appreciation is $ 68 billion and was more but fell because of imports of arms and external import sales, but this ratio remains reasonable and important for this cash reserve is to support the Iraqi dinar and the preservation of its value and the fight against inflation is one of the guarantees of the national economy, the presence of deposits safe , so the country is not economically finished, and there is an agreement between Baghdad and Erbil, a rate of export says in no less than 550 000 barrels, but not daily, and even the government can not secure the export of 2.7 million barrels a day, but the rate is calculated, and there is a perception in the region that we are beginning to export and previously There was no commitment and the province is now exported quantities abroad and Sumo sells these possibilities were few at first, but gradually increased to one thousand and 300 thousand 400 sometimes up to 600 000 barrels, of that obligation exists, and also the region takes on the government not to Kurdistan paying salaries in exchange for all employees' salaries Exchange provinces and in spite of the existence of these problems, but the agreement exists and the parties did not hold back with him, and in the budget explicit text of the law that any party breach of the agreement the other party in a solution of commitment, but there is no fear in the relationship, or it will collapse, but the contrary there are security and economic cooperation, and there 1.6 million Iraqis displaced people living in the region can not be confined to one area of agreement. "
He said the "national savings does not include all the staff and salaries, but certain allocations for certain categories, which includes anyone who has allocations of more than 500 000 dinars, not ordinary employees and poor classes, we have allocated funds for the displaced and 500 trillion dinars to set up a fund to support displaced people and ask the international community to support them as well." .
With regard to the deficit in the current budget, the federal public for the current year, said Finance Minister Hoshyar Zebari said that "the deficit Chksnah a planned 25 trillion dinars and try financed through domestic borrowing in the future, but we do not know."
Minister Zebari, "he said, and a few days ago we had a meeting with the governor of the central bank and bank managers and Chairman of the Finance Committee and members of the Committee and government officials discussed this issue and there are other procedures and during the next two months, and we want to see the results of these instructions and can cross the crisis."
He said Zebari said that "the rise in oil prices above the rate at which we set reflect positively, either currency smuggling operations out of the country they are harmful and harmless to the country's economy, but the central bank controls and instructions in this aspect and is now occurring and reflected negatively on the money supply, which Ntnaqlha the Iraqi economy and when we can to try to preserve it is important. " Ended k h
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History of edits:: 2015/2/26 17:36 • 48 visits readable
Finance Minister: adoption of the budget came after a painstaking efforts of the achievements of the government, but we need cooperation of citizens with regard to pressure spending and rationalize consumption
{Baghdad: Euphrates News} Finance Minister Hoshyar Zebari said the adoption of the fiscal federal budget for the current year came after strenuous efforts, one of the achievements of the government, but we need cooperation of citizens with regard to pressure expenses and rationalize consumption.
Minister Zebari said in a Thursday afternoon at the ministry told a news conference attended by the Agency correspondent {Euphrates News} "The adoption of the budget by the parliament and the endorsement of the presidency and publication in the official proceedings came after strenuous efforts and is one of the achievements of the government, and in appreciation, the budget was the reality of the It is practical, realistic and we had several amendments to it, and all the experts and specialists praised the realism and its proximity to the current situation in the country, and every day we hear that the country is going through an economic crisis is difficult and lack of financial liquidity pressure, and we hope that this will be a temporary pressure, and we need to steps and practical measures to overcome them. "
And between Zebari said that "the budget size compared to the budgets of neighboring countries, equivalent to the budget two or three neighboring countries, but our commitment to a huge and very large, and our expenses in this budget, we turned to rationalize spending and pressure on public investment expenditure due to the limited revenue, and we went through tough times of poor financial planning and a lack of economic sense and financial governance, and also exacerbated put terrorism Daash dramatic decline in oil prices by about 60%, is what made us in front of a new reality and how to measure things during this year, which can be difficult and we need it to cooperate citizen, and for people to appreciate that even though it is our duty to provide services and basics such as salaries The Food and Drug Administration and the security and defense in light of the daily confrontation Daash terrorist gangs. "
He added: "We declare at the Council of Ministers and the Ministry of Finance's decision to start practically regardless staff self-financing companies salaries, we have taken all measures and transfer money to the banks. These companies review banks; to provide lists of their members to receive their salaries, and talking about the 176 company number more than 500 000 employees and this commitment by the government, and after the issuance of the budget law, we will continue regardless of their salaries and pensions, and this announcement today first, it's the other, a compressor for us through the start regardless 250 billion dinars to support farmers through the Ministry of Trade and accruals crop rice in the coming days and we are preparing the priorities and necessities ".
He continued, "After the publication of the budget law required from the Ministry of Finance to issue instructions implemented for all ministries and agencies, and these instructions issued daily in contact with these agencies to come to the ministry received regarding the powers of the exchange and how to implement the budget items, and we have also issued instructions for the implementation of the provisions in the budget items concerning taxes and tax Sales and fill in the mobile phone and import cars and Internet companies and cigarettes and alcoholic beverages, and accomplished on us, and one of the things that we turned to them is how to maximize the interior and increase the state's resources, and required of all state departments attention to levy charges and fees and an emphasis on it; because the country needs to provide the greatest possible revenue from internal sources. "
He went on, "and within the Ministry of Finance is instructed pressure expenditure for all ministries and government bodies, and reduction in several areas such as hospitality and wages calls and conferences and deputations and everyone cooperation so."
He noted that "the current budget is built on the light of the agreement between the Kurdistan region and the center's contribution province exported 550 000 barrels of fields and those in Kirkuk and be within the budget bill, and then take the provincial share of 17% of the federal financial budget, and within the measures taken by the government, which was There are some of the problems in the implementation of onset, but an ongoing dialogue between the two sides amid Takidathma to abide by the agreement, which is irreversible and must succeed, and there are mutual obligations and expect the visit of a delegation from the province to Baghdad for the continuation of the dialogue, noting that Baghdad actually turned part of the dues the region of $ 250 billion dinars and, God willing to get there, which is part of the dues, but not all, and we hope to continue this dialogue; because the benefit of all and hear sometimes voices from the past say that there is no discrimination, but do not put ourselves place to respond to such voices; we manage and moving things State and not to party or region or party. "
Carter said, "The Ministry of Finance will prepare a financial statement on last year's budget and wait for the final accounts for some of the ministries and Alhiat, and we will announce it to the people and explain the size of expenditure and revenue and practically does not exist last year's budget and there is nothing to hide at all."
He went on, "that the country is going through circumstance Mali difficult to lack of financial resources and advances that were acted including 100 salary, but is currently stalled due to the loss of liquidity, and in the budget law is installed decades owners who have three years of service, either financial wages remain the need of ministries, but also it is not open Vemoazna ministries, as well as determine Srvyatea, and the nature of the current situation requires a patient in unnecessary things and the duty of the media to clarify that for the citizens. "
He explained that "the principle of the extension of salary payments for 40 days was misunderstood and say, in principle, we have a crisis in the financial liquidity in the financing, and today every effort is toward securing pay salaries on time and this priority for the government and may sometimes be delayed payment of salary, but not cut the salary of any day of employees' work days, but may be delayed delivery and this is in the states, but we have not gotten to this stage. "
He continued "We are working to provide the final accounts for last year and we are so there is urgency and claims in this matter, money surplus and rounded been few this year compared to previous years, but this surplus drained with low oil prices, and we do not have a surplus."
And between Finance Minister Hoshyar Zebari said that "relations between Erbil and Baghdad is tense at all which is the cooperation and participation in government relations have been Problems occur but the recent agreement steadfast and present, have been problematic in the implementation and Minister Kurds are working with the government to overcome these problems occur; the existence of reciprocal obligations and the parties adhered to The agreement is fair to collapse. "
And complete "no liquidity crisis stifling and working on retrenchment and look for indirect taxes, and the interpretation of bankruptcy .. Everyone has a vision of its own and expression to provide new revenue, but Iraq has the potential and capabilities of the non-collapsed economically, but on the other hand do not live in a financial Bahbubh, and the situation has changed Because of terrorism, defense spending and the drop in oil prices reflected this economic situation and Pat affect the value of the dinar and work priority and oppose any attempts to manipulate the reserves of the Central Bank and we are with the independence of the bank balances therein; to protect our currency and maintain the rate of the dinar, but oscillations occur days affected by the political and economic situation. "
He added that "the size of central bank reserves, according to the appreciation is $ 68 billion and was more but fell because of imports of arms and external import sales, but this ratio remains reasonable and important for this cash reserve is to support the Iraqi dinar and the preservation of its value and the fight against inflation is one of the guarantees of the national economy, the presence of deposits safe , so the country is not economically finished, and there is an agreement between Baghdad and Erbil, a rate of export says in no less than 550 000 barrels, but not daily, and even the government can not secure the export of 2.7 million barrels a day, but the rate is calculated, and there is a perception in the region that we are beginning to export and previously There was no commitment and the province is now exported quantities abroad and Sumo sells these possibilities were few at first, but gradually increased to one thousand and 300 thousand 400 sometimes up to 600 000 barrels, of that obligation exists, and also the region takes on the government not to Kurdistan paying salaries in exchange for all employees' salaries Exchange provinces and in spite of the existence of these problems, but the agreement exists and the parties did not hold back with him, and in the budget explicit text of the law that any party breach of the agreement the other party in a solution of commitment, but there is no fear in the relationship, or it will collapse, but the contrary there are security and economic cooperation, and there 1.6 million Iraqis displaced people living in the region can not be confined to one area of agreement. "
He said the "national savings does not include all the staff and salaries, but certain allocations for certain categories, which includes anyone who has allocations of more than 500 000 dinars, not ordinary employees and poor classes, we have allocated funds for the displaced and 500 trillion dinars to set up a fund to support displaced people and ask the international community to support them as well." .
With regard to the deficit in the current budget, the federal public for the current year, said Finance Minister Hoshyar Zebari said that "the deficit Chksnah a planned 25 trillion dinars and try financed through domestic borrowing in the future, but we do not know."
Minister Zebari, "he said, and a few days ago we had a meeting with the governor of the central bank and bank managers and Chairman of the Finance Committee and members of the Committee and government officials discussed this issue and there are other procedures and during the next two months, and we want to see the results of these instructions and can cross the crisis."
He said Zebari said that "the rise in oil prices above the rate at which we set reflect positively, either currency smuggling operations out of the country they are harmful and harmless to the country's economy, but the central bank controls and instructions in this aspect and is now occurring and reflected negatively on the money supply, which Ntnaqlha the Iraqi economy and when we can to try to preserve it is important. " Ended k h
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Last edited by Neno on Thu 26 Feb 2015, 3:24 pm; edited 2 times in total (Reason for editing : Add web link)
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