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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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    Can the government to get us out safely Abadi of the current financial crisis?

    Rocky
    Rocky
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    Can the government to get us out safely Abadi of the current financial crisis? Empty Can the government to get us out safely Abadi of the current financial crisis?

    Post by Rocky Sun 17 Jan 2016, 4:18 am


    [size=48]Can the government to get us out safely Abadi of the current financial crisis?[/size]


    [size=32]
    16-01-2016 | (Voice of Iraq) - - Can the government Abadi to get us out safely from the current financial crisis? 
    Starting to be recognition of the fact important, is that the current low oil prices in global markets have such a big surprise for everyone, it is true that there are conversations revolved around exaggeration higher prices to the extent that some countries took looking for alternatives to oil clean such as energy or other shale oil, but many did not imagine the current deterioration in prices because better alternatives to oil was at a cost of $ 70 in exchange for a barrel of oil, which reached its price to more than $ 100, means that the worst the possibilities was heading to expect lower oil prices between 70-80 dollars a barrel, but the arrival of the price to $ 30 a barrel and met more form a major shock for all of the decline, and although Iraq is one of the most affected, but oil-producing countries have not been spared damage despite the diversity of their economies and their enjoyment of large reserves of foreign gold coins, the difference between the previous and current prices greatly affect the balance of payments and national output and national income and other indicators, and reserves most of the countries are not liquid, but is an investment and cash governor and the light of the policies adopted by States in the management of the economy, and economic terms, the loss Most oil-producing countries of low prices is the financial loss and the loss of opportunity and last have a greater weight in the calculations but do not constitute a priority for Iraq. 
    Returning to the Iraqi economy mode, it is very different from the development of the economies of other countries the problem is that circulated a lot is the subject of the employees' salaries management and mind a line red line, while the other states are talking about the stability of its currency and to maintain the performance and global standards and indicators attained in various fields indicators they want to maintain their reputation and regional and international status, while Iraq wants the province to provide a living and not high sounds hungry and fear out things about the limits of control, when unable federal budget to feed people as they are designed to be large Fund's (Social Welfare) and not to achieve sustainable development and develop the right they stood, some might wonder to this speech because it does not fit with the funds that have entered Iraq since 2003, the size and limit the day, which amounted to approximately $ 1000 billion, and say that it is unfortunate that these funds are spent in non-productive areas for the purposes of consumer and in the corruption types, and did not exploit in the right places, because there are countries able to achieve major breakthroughs quarter of what he spent it Iraq, and of the implications of lack of proper spending we import more than 90% of our needs and crises live in the water, electricity, sewage and in the production and in all walks of life. 
    The question that comes to mind is the current problem could be better addressed if the government is not a government facing Abadi? And, if it was intended previous governments is a government of Allawi or al-Jaafari or al-Maliki, the easy answer is that all the governments that have passed able to conduct its affairs through the availability of financial her assignments, in the sense that she worked as made ​​available to them and not on the basis of what was produced by adding new factors during follow efficiency and effectiveness, and which shows that the government of Mr. Maliki was able to overcome the global financial crisis 2008 - 2009 for two reasons. The first is the availability of surpluses and reserves and second, that the crisis has passed the world's Iraq did not hit any It's the opposite of what we are today exactly, because Iraq is today in the center of the storm precisely because ship of the Iraqi economy sail weak sails and without anchor and can not cross the sea and dock in safety easily, has Taatlaagafha tidal waves caused by large declines in oil prices and the spread of corruption under control, and in practice, the ministries did not witness her achievements and clear before the crisis did not adopt plans to build the economy of the new investment of wealth and doubling the resources of Iraq, it has relied on what is allocated in the federal budget, which is based on the sections and doors without other techniques. 
    The light of this simplified description of the situation in Iraq, it is not expected to emerge from the crisis that do not know Mdyatea Time easily, because the deliberation on the night of the exam lower interest Falling oil prices detect all genitalia that were covered by the high exchange revenue from without (wrench) in the heart, all of took over responsibility in various fields, he knows for sure that the country is full of wounds after the war and the siege, but mostly ago in patching with no real treatments, and what has already been created or contracted from projects for renewal like many of the suspicions or fall into the trap of corruption, did not it stop at this point. What matters worse is the version of tens or hundreds of laws that financial owed ​​obligations arising the budget and is can not be undone because it turned out to be irreversible privileges, also added other obligations formed burdens and restrictions Kjlat licenses and the relationship with the World Bank and the International Monetary Fund and regional and international alliances, without forgetting the weakness of the political and security performance and other hidden reasons, which met for the abbreviated violence words (Daash), who seized the night and overnight on 40% of the area of Iraq and the loss of one-third of the military arsenal, estimated losses at more than $ 30 billion, and the requirements of fighting for the recovery of the occupied territories, which cost hundreds of billions to cover the costs of the war and armament and reconstruction. 
    If the government Abadi wanted to pass the current crisis and exit at the lowest possible her loss and our people Aziz, the first thing they should not live the crisis month by month because it displays them to the risks and the pressures of big surprises because of the great possibilities in the presence of a strong and significant link between the decline in oil prices and political aspects of the rearrangement of the region, which it is obliged to develop a plan for 1 - 3 years to cope with the crisis and must only not to rely on oil, it is likely that prices go up and then re-drop, which requires the diversification of sources of revenue, and other factors is to create a complete harmony in government performance, even if it took action ministerial amendments and draw a shape positive relationship with Parliament, as well as failure to respond to the voices calling for reliance on foreign debt and replacing it with activating the debt incentives to collect and encourage domestic savings to increase interest rates in government banks and tighten controls on foreign transfers, and accept the idea of lowering fuel prices by 25% and the abolition of the sale of the commercial kerosene because it is the destruction of the economy, relying the universities and not businessmen in establishing business incubators to foster the establishment of small and medium enterprises because they are related to national goals and less prone to corruption, and the placement of the final accounts and the work of control and audit of the previous years and the joints of the mission to international scrutiny, with the necessity to adopt a UN resolution to prosecute corrupt through a plan to recover the stolen money. 
    Basil Abbas Khudair
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