The balance of revenues and expenses reduce the budget deficit
1/11/2016 0:00
BAGHDAD joy pumice
government aims to achieve economic integration through the implementation of strategies and plans for far-reaching.
And arrived at the desired goals, experts and observers confirms the importance of finding a balance between expenditure and revenue, through the optimal investment for the oil sector to hurt in the development of other productive sectors. Economist d. Abdullah al-Bandar pointed to the ambition to achieve a balance between revenue and expenditure, especially given that expenditure more, despite the fact that revenues come from a big supplier of oil, but the decline in global prices led to a decrease within the financial resources of the country, so you must find other sources of funding without continue to rely on unilateral rent. Although al-Bandar said that the increase in exports healthy condition to increase revenues, but he sees the need for a new strategies to support investment and natural resources, to contribute to the development of the national economy and to get growth rates in the development of other sectors, and operation of the largest number of manpower.
He also said the country's need to achieve revenue higher expenses depending on the economic plan, especially given that a large proportion of operational spending and spending on big commodity supplies against which few revenue is causing a deficit in the budget, noting that the greater the revenue derived from the productive sectors of the economy as resources other than oil resources, we must develop the economy and bring Other income while reducing the gap between revenues and expenditures, thereby reducing the budget deficit and achieve sustainable development, as well as satisfy the basic needs of the citizen. As for the goals of the development plans and strategies that are supported by the government's economic program, angered al-Bandar, the existence of an ambition to achieve the economic growth rate in the country come from a variety of revenues and the development of effective economic sectors by factors and variables lead to the achievement of economic balance and economic growth balanced. Observers Economists and urges the need to find a balance between expenditure and revenue by moving the productive sectors, especially the industrial and agricultural sectors and the promotion of the national to the product to achieve the goals of economic integration in the country.
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1/11/2016 0:00
BAGHDAD joy pumice
government aims to achieve economic integration through the implementation of strategies and plans for far-reaching.
And arrived at the desired goals, experts and observers confirms the importance of finding a balance between expenditure and revenue, through the optimal investment for the oil sector to hurt in the development of other productive sectors. Economist d. Abdullah al-Bandar pointed to the ambition to achieve a balance between revenue and expenditure, especially given that expenditure more, despite the fact that revenues come from a big supplier of oil, but the decline in global prices led to a decrease within the financial resources of the country, so you must find other sources of funding without continue to rely on unilateral rent. Although al-Bandar said that the increase in exports healthy condition to increase revenues, but he sees the need for a new strategies to support investment and natural resources, to contribute to the development of the national economy and to get growth rates in the development of other sectors, and operation of the largest number of manpower.
He also said the country's need to achieve revenue higher expenses depending on the economic plan, especially given that a large proportion of operational spending and spending on big commodity supplies against which few revenue is causing a deficit in the budget, noting that the greater the revenue derived from the productive sectors of the economy as resources other than oil resources, we must develop the economy and bring Other income while reducing the gap between revenues and expenditures, thereby reducing the budget deficit and achieve sustainable development, as well as satisfy the basic needs of the citizen. As for the goals of the development plans and strategies that are supported by the government's economic program, angered al-Bandar, the existence of an ambition to achieve the economic growth rate in the country come from a variety of revenues and the development of effective economic sectors by factors and variables lead to the achievement of economic balance and economic growth balanced. Observers Economists and urges the need to find a balance between expenditure and revenue by moving the productive sectors, especially the industrial and agricultural sectors and the promotion of the national to the product to achieve the goals of economic integration in the country.
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