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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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    Parliamentary Economic confirm the distribution of employees' salaries this year without problems

    Rocky
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    Parliamentary Economic confirm the distribution of employees' salaries this year without problems Empty Parliamentary Economic confirm the distribution of employees' salaries this year without problems

    Post by Rocky Wed 20 Jan 2016, 2:31 pm

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    [You must be registered and logged in to see this image.] Parliamentary Economic confirm the distribution of employees' salaries this year without problems
     By: [You must be registered and logged in to see this link.]
    on: Wednesday 01/20/2016 23:31
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    / Baghdad / Baghdad news 
    of the Committee on the economy in the House of Representatives confirmed that Baghdad will not face the problem of this year 
    to provide staff salaries because there are other sources apart from the oil revenues, can be built upon to provide the employees' salaries. 
    She said a member of the economic and investment commission in Parliament, Najiba Najib, that " Iraq depends on oil to provide more than 90% of the budget, based on the sale of oil, $ to 45, and estimate revenue to 83 trillion dinars, and customs revenues by 3 to 5 trillion dinars per month, but a barrel of oil sold for far less than $ 30, and this will make a big difference in revenue, but according to our analysis, the Iraqi government could in 2016 to provide the employees' salaries without a problem. 
    "According to her Najib, it has been allocated 38 Trliuna and 550 ml & # 1740; Lara and 630 ml & # 1740; s d & # 1740; fire salaries Iraq officials, including the Kurdistan Regional staff, in last year's budget for Iraq, but were distributed to 32 Trliuna and 445 ml & # 1740; Lara and 889 ml & # 1740; s d & # 1740; fire staff. 
    According to Najib, "and this year allocated 39 Terrell & # 1740; Luna and 146 ml & # 1740; R d & # 1740; the fire, because of the continuing chill between Erbil and Baghdad, do not expect to hand over Baghdad, the Kurdistan Regional staff salaries, so you may need, such as last year to nearly 32 Terrell & # 1740; Luna and 500 ml & # 1740; R d & # 1740; the fire. 
    "Now, Iraq's oil exports rose to 3.2 million barrels per day, says Najib," If we assume that the price of oil became $ 25, Van Iraq a month will get two billion and 400 million dollars in revenues of oil, as that Total annual revenue of up to 28 ml & # 1740; Lara and 800 ml & # 1740; s d & # 1734; lar, and this remaining part, can Iraq through the sale of bank bonds, bridging the salaries of staff deficit. 
    "She added," Iraq I have other sources to secure staff salaries, and can by 59 ml & # 1740; R dollars reserves and 90 tons of gold in the central bank, and by borrowing from the International Monetary Fund and the World Bank and the policy display the dollar against the Iraqi dinar in the Central Bank, addressing the financial problems easily, so we can say that in 2016 there are no risks to Iraq salaries. 
    "But the Iraqi Finance Minister, Hoshyar Zebari, said earlier, that if oil prices continued to decline in the current format, Iraq can distribute employees' salaries to the month of April only. 
    In spite of the survival of the share of province Kurdistan in the Iraqi budget law 17% thanks to the efforts of the Kurds of Representatives, but Najib believes that because of the paragraphs of the items contained in the budget bill, it is best to the Kurdistan region, the sale of oil independently without reference to Baghdad. 
    Najib said, "The specified amounts are the amounts estimated and that the lack of exports and lower oil prices will lead to reducing the share of the Kurdistan region, and in the second paragraph of the budget law requires that even if the Kurdistan region issued 550 000 barrels or more a day, he must put the proceeds in the public treasury of Iraq, according to the Financial Control report, the province Kurdistan indebted to Baghdad and must return the money of religion, and that is because of these paragraphs and items it's best to Kurdistan region oil independently sale without reference to Baghdad. 
    "estimated the general budget for Iraq, which was approved in Parliament before the beginning of this year, B105 trillion and 895 million dinars, and the share of the Kurds in which 13 trillion and 76 billion dinars, on the condition that the Kurdistan region is committed to the export of 550 000 barrels of oil per day by SOMO.
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