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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 Finance: waste of public money behind the economic crisis

    Rocky
    Rocky
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    Posts : 267999
    Join date : 2012-12-21

    Parliamentary Finance: waste of public money behind the economic crisis Empty Parliamentary Finance: waste of public money behind the economic crisis

    Post by Rocky Tue 09 Feb 2016, 3:57 am

    [ltr]Parliamentary Finance: waste of public money behind the economic crisis[/ltr]

     Since 02.09.2016 at 12:04 (Baghdad time)
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    [ltr]Special - balances News[/ltr]
    [ltr]Parliamentary Finance Committee said on Tuesday that the waste of public money and the lack of economic vision in the management of the country in the last stage and behind the financial crisis experienced by Iraq.[/ltr]
    [ltr]The committee member said Sarhan Ahmed Sarhan's / balances News /, that "Iraq complain of the lack of a clear and long-term economic plans strategy, in addition to the waste of public money, and the existence of corrupt government institutions, is what led to the arrival of this financial crisis."[/ltr]
    [ltr]Sarhan said, "The decline in oil prices is revealed the true face of corrupt and, like the Iraqi capital."[/ltr]
    [ltr]He noted that "the Ministry of Finance has developed plans for the years 2015 and 2016 are present in the budget and of borrowing from the domestic and foreign banking law, but the ultimate responsibility rests with the Council of Ministers as the executive branch, as it implemented and save the country from this crisis."[/ltr]
    [ltr]It is said that the Iraqi government is seeking to retrenchment and the fight against corruption, while other options include borrowing from local sources, such as public banks or even force the central bank to buy government bonds from the Ministry of Finance. Ended 29/38[/ltr]


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