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Required sophisticated systems support budget revenues
3/21/2016 0:00
[rtl] BAGHDAD - Hussein al - Tamimi Tgb
discuss a number of economists are ways to maximize the financial resources and management of the general budget and the mechanics of building and commensurate revenue Iraq in light of the economic reality and reduced private oil prices in world markets risks, it came during a conversational loop systems Alrtoh Centre for Studies and Consultations. Effective treatments and d . Majed Khurshid , who conducted themeeting interactive and between in his welcoming speech the importance of the budget adopted by this dialogue in the presence of a number of prominent economists that. He stressed the importance of the subject of the budget and the effects of the financial hardship suffered by Iraq during this period due to the decline in oil prices, pointing out that the search for treatments effective economic problems experts continue to put what they see fit beneficiaries of global and regional experiences. Prime Minister Dr. adviser.The appearance of Mohammed Saleh , said that taking the reality of the budget as affected by oil revenues is extremely important, and what was the natural resource extracted and exported oil revenues account for not less than 93 percent of the general budget revenues in Iraq, these revenues touched closely Balsafh rentier, noting that it means that the oil revenues will fluctuate because of the circumstances of international and external factors of the oil market and not production and productivity. budget revenues and added about this form of mortgaged revenue external demand and variability and its impact on the GDP of the country, we must stabilize the budget revenues and expenditures and be subject to a specific pattern of risk management . he pointed out that there are two options struck down in front of the financial policy -makers in oil resource management, indescribable within the nature of the work and risk management and represent a form of financial bumper to cope with the vagaries of theoil market first option is to contract with buyers known in advance and prices specific adhered to by the parties beneficiaries whatever volatility quantities in the oil market prices, pointing out that the other option is to put low default rates precautionary for thepurpose of preparing the budget revenues less expenses higher by events planned deficit, which leaves the deficit for the vagaries of the positive developments in oil prices , finance. State of partnership and noted that Iraq 's 2032 planned transformation to theState of the partnership and the control and supervision, noting that the task of theexport regulations, and that the state is moving to make the social market and require the creation of retaining its institutions, adding that the establishment of companies in theIraqi regime without the level of ambition and accompanied by the complexity of theirrelevant, stressing work on the feminine style of the establishment companies and get the job done within days. Saleh pointed to seek to establish a pension fund and anational uniform contributes to the private sector, as well as coordination with the World Bank to adopt advanced systems play of the Iraqi economy and achieved remarkable development in the productive sectors and service. multiplicity of resources either amember of the Baghdad economic Forum Dr. . Akram Abdel Aziz indicated that themultiplicity of resources should be the primary concern for all respective personnel ineconomic affairs in the public and private sectors, pointing to the need to organize thework of the real private sector , which has the financial and logistical capacity to implement projects. She said that Iraq including owned of natural resources can walk toward the multiplicity of its financial resources if it is accompanied by an actual orientation to achieve this goal, and that maximizing the resources to cope with thefinancial crisis not seen in fast I had never known as a community, but needs to plan properly. [/rtl]
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