Economic expatriate: general budget achieve equality and social justice

Economic expatriate: general budget achieve equality and social justice



26/03/2013


BAGHDAD - Hkuran Fatlawi

Hdhirmschar of financial and economic budget's dependence on oil revenues, but is subject to international market conditions and fluctuating energy prices then that this relationship constitutes a restriction on the independence of the Iraqi economy. He stressed that the allocations operational and investment will contribute to the development of
BAGHDAD - Hkuran Fatlawi
Hdhirmschar of financial and economic budget's dependence on oil revenues, but is subject to international market conditions and fluctuating energy prices then that this relationship constitutes a restriction on the independence of the Iraqi economy.
A financial adviser expatriate d. Akram Mohammed Hassan (morning) on ​​the sidelines of the seminar on the role of the private sector in development organized by the Institute of progress of development policies that the rent situation of the adoption of the budget on oil revenues reflects the weakness of the contribution of the other economic sectors in the budget revenues.
This technique Palmemh promised the role of domestic economic activity expressed by how little contribution tax collection in the budget revenues.
Said Herein lies the dilemma because the budget resolution is linked to oil returns determined by external market and thus became an independent budget for domestic economic activity and that this problematic political and economic repercussions.
He hinted that the year 2013 budget included several positive factors, including raising the share of education has also allocated $ 5 trillion dinars to the environment There is also a paragraph for social services, education and means remittances, estimated at 20 trillion dinars.
He said that the amount of remittances that included grants and the ration card and social assistance and subsidies equivalent to 12 percent of budget expenditures in side Alanfaqa.
He said the allocation of 60 percent of the budget, amounting to 119 trillion dinars to the operating budget to cover the operation of the economy, public administration and other service sectors.
With allocated 40 percent of the investment budget, promised this amount بالكبير if Maahassan exploited in the construction of investment projects in the annual budget. Turning adviser that despite the allocation of these large amounts, but experience has shown that there are significant failures, especially in the field of electricity. Said: Hopefully after 10 years that the electricity may be ended problem to enable the private sector to play its role in development.
Hassan called for the need that the government is seeking to absorb large numbers of unemployment, especially among youth, which were estimated according to international expectations up to 30 percent of the population any effective force capable of working.
The consultant noted Iraqi expatriate said that although this investment allocations are great compared to some countries but it suffers from weakness in the completion of projects and the inability to implement and lack of clarity of the figures and information and the percentage of completion actual stressing that such large sums can not be without information and indicators.
He hinted that the current budget did not give analytical look or a full explanation of the obstacles to achievement and the efficiency of the administrative and functional to accomplish missions budget to the extent that parallels these customizations large.
Pointing out that the reason behind this decline is the fragility and vulnerability of the career possibilities and executive in a lot of joints and there expel bureaucracy investment because most foreign investors suffer.
Turning to good foreign investment in Iraq, especially in the oil sector investment because it is immune and substance in all respects.
In another matter, sees the financial and economic importance of raising the performance of employees in the public sector and in the mixed companies to increase production and this issue needs to be studied and re-examined and resolved is the privatization of the public sector.
Akram hinted that the formulation of the general budget have an impact on the economic and social reality and politics in the country in general as it is a tool or a means to a country's economic management.
Noting that the budget reflect the policy of the State Finance and formulated according to universal principles and international applied by all countries where the budget sides revenue side and the expenditure side, saying: Always when placed budget taken into account the capacity of the economy to absorb government expenditures to enable it to avoid inflation and economic instability, explaining that in the event budget expenditures exceeded capacity will be created inflationary pressures and instability may lead to a budget deficit in the state increase spending on revenue.
He d. Akram Hassan said the budget formulated according to the visions and strategy general affect the planning and management of overall economic activity.
And financial expert expatriate that all countries of the world take into account the effects of the budget on investment, consumption and trade balance and the balance of payments this hand.
On the other hand, the budget is not only an economic tool but a tool social also contain clauses transformative is a tool to achieve justice and equality social «Trans Fbl» conversion of part of the budget revenues to bridge the gap or to reduce social inequality but is a major goal of the goals he says and sees success budget year 2013 to achieve this goal
The consultant concluded the financial and economic d. Akram Mohammed Hassan to say that in the event of budget formulation and the presence of an item of its items is disproportionate to the slice of a particular social then changes are made in drafting the intervention of civil society organizations, indicating, for example, in France, which work by professor of the economy was changed item of its items because it affects the environment and lead to the kind of pollution road Khq in agricultural or tourist area.
He said the budget should contain information about what their impact on the economy as a whole and its impact on the private investment by the famous 'government spending'.
Pointing to the statement impact on consumption and prices, especially if the budget investment import-dependent as it is in our budget, which relies on imports as 50 percent of them go abroad and the remaining 50 percent of them remain at home, stressing the need for a Overview economy total public and its impact on the budget.



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