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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

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Established in 2006 as a Community of Reality

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    What the policy that the government would resort to it to meet the budget deficit cover staff salari

    Rocky
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    • Post n°1

    What the policy that the government would resort to it to meet the budget deficit cover staff salari Empty What the policy that the government would resort to it to meet the budget deficit cover staff salari

    Post by Rocky Wed 13 Jan 2016, 11:03 am

    [rtl]What the policy that the government would resort to it to meet the budget deficit cover staff salaries?[/rtl]


    [rtl][You must be registered and logged in to see this image.][/rtl]
     
    [rtl]BAGHDAD / Sky Press: Areej al-Tai[/rtl]
     
    [rtl] Said Finance Committee member Jabbar al-Abadi, Wednesday, that the government would resort to external borrowing to fill the existing deficit in the country as the price of a barrel of oil fell below $ 20.[/rtl]
     
    [rtl]Ebadi said in an interview with "Sky Press," that "it is expected that the price of a barrel of oil falls to $ 20 or a little less, as what has been addressing this matter through the large number of oil production."[/rtl]
     
    [rtl]He added that "the government may resort to external borrowing to meet the existing and cover staff salaries deficit as well as trying to get cash either through the sale of bonds to citizens or follow other policies," pointing out that "this is what we understand from the meeting, which was held yesterday in the presence of Prime Minister Haider Abadi. "[/rtl]
     
    [rtl]For his part, economist said Bassem Jamil Antoine in an interview with "Sky Press," that "the decline in oil prices will lead to increase the budget deficit must be the government resorting to internal and external borrowing to cover the deficit."[/rtl]
     
    [rtl]And between Antoine, it "has to be the government resorting to agricultural, industrial and tourism sectors, although it takes a lot of time," pointing out that "the easiest and safest solution is external borrowing by the International Monetary Fund."[/rtl]
     
    [rtl]He added that "the government may postpone the payment of the share of the oil companies for a certain period, in addition to increasing the pumping of oil," explaining that "the export of oil could reach 3.7 million barrels per day." [/rtl]
     
    [rtl]The parliamentary Finance Committee described the financial crisis facing Iraq Balhakiqih, noting that Iraq, like other countries that rely on oil exports heavily and will have a crisis.[/rtl]
     
    [rtl]She stressed that the possibility of employees 'salaries to secure during the current year 2016 by relying on government banks and internal borrowing, pointing out that in principle can be dealt with things through government banks, and the government can rely on its banks through internal loans and the launch of an internal bond with the presence of oil exports, to secure the employees' salaries .[/rtl]
    [rtl] http://skypressiq.net/11426--.html[/rtl]
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