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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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    Abadi ambassadors for the industry: the current situation an opportunity to restructure the Iraqi ec

    Rocky
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    Abadi ambassadors for the industry: the current situation an opportunity to restructure the Iraqi ec Empty Abadi ambassadors for the industry: the current situation an opportunity to restructure the Iraqi ec

    Post by Rocky Tue 09 Feb 2016, 4:27 am

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    Abadi ambassadors for the industry: the current situation an opportunity to restructure the Iraqi economy


     Baghdad / Ibrahim Ibrahim 

    Stressed Prime Minister Haider al-Abadi, on Monday, the government began the basic needs for reform in order to build a state of institutions, and expressed as ambassadors of the major industrialized nations (G7) to support their country of Iraq in finance its crisis, economists criticized the government's steps to cope with the rapid collapse of the local economy, describing its b "blundering" and ill-advised. 
    he said Ebadi's office in a statement received "long", a copy of the "Prime Minister Haider al-Abadi met in his office Sunday, the ambassadors of major industrialized nations (G7) with UN representative Jan Kubiš," noting that "the ambassadors of the countries they expressed full support for their country of Iraq in the financial crisis as a result of the collapse of oil prices and find ways and alternatives and solutions to overcome them and to provide the gravity of the Iraqi economy. " 
    He added Abadi said" ambassadors renewed their stance support for Iraq in its war against terrorism, "adding," they have expressed their blessing to the victories achieved on gangs terrorist. " 
    " The ambassadors expressed their support for the reforms carried out by al-Abadi and support her through the advent of experiences of Iraq and training Iraqi cadres. " 
    for his part, al-Abadi confirmed according to the statement, that" Iraq is passing through these challenges and difficult circumstances and that is an opportunity to restructure the Iraqi economy in a way more effective through the multiplicity of its resources, "he said, adding" we started the basic needs for reform in order to build a state of institutions is not a goal of crossing the crisis only but to build a safe and sound going by the Iraqi state's economy. " 
    in turn, an economist Abbas Ibrahim al-Bahadli said in an interview for the" long " , "the Iraqi government flop and made ​​economic decisions is useless to overcome the severe financial Haunted as a result of falling oil prices to below the $ 30." 
    He added that "austerity which was raised government slogan did not apply only to certain categories of employees and retirees who are owners of limited income , without focusing on reducing the enormous expenses of the institutions and ministries of various state and salaries of its senior officials. " 
    He explained Bahadli" the first steps that the government should implement focused on tracing the billions of dollars stolen by Authority officials over the 10 previous years, which is equal to the budgets of the three coming years without the need to finance oil resources. " 
    He said the" operations borrow and borrow internally and externally does not enable the government to pass the financial crisis without setting realistic plans to restructure its institutions and reduce the number of ministries in line with their limited resources. " 
    He stressed Bahadli that" the government's inability to provide monthly salaries and delayed schedule exact and reverse the basic services provided to citizens shows the extent of the crisis faced by the country as a result of the lack of its treasury to fund 
    his part, said economic expert on behalf of Jamil Antoine in an interview for the "long", "the government has developed many strategic plans to cope with the rapid collapse of the Iraqi economy was caused by a drop in prices global Petroleum, in collaboration with a group of experts and specialists in economic affairs. " 
    He added that" more than a year and a half of life of the government over and did not notice the ordinary citizen any real change and realistic direction of the application of those plans on the ground, causing a major disappointment to the public, which carry the bulk the repercussions of the current financial crisis. " 
    explained Antoine" the lesson is that there is a real will to change the local economy from the yield economy depends on declining oil resources to an open market economy, which relies on the private sector as a major partner in building the Iraqi economy. " 
    He stressed that" the lack of combat massive financial corruption that is nestling in the joints of the state, but to work on implanting several ways to turn the country into a booty shared resources by corrupt officials without an effective legal deterrent by the government. " 
    He said the" vision of the federal government lacks measures fast to cope with the economic crisis made ​​the local economy in debt and loans accumulated spiral. " 
    said Antoine to the need to" re-examine your Executive State economic commensurate with market changes and adapt to the government's limited resources without extravagant squandering money in several directions not yielded significant domestic product. " 
    It is noteworthy that Iraq live under crisis because of a severe financial shortfall in the state budget as a result of the sharp and continuous decline in world oil prices, which amounted to less than $ 30 per barrel, where Iraq will depend on the general budget on oil revenues by 95%.
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