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Debts Policy
7/4/2016 0:30
[rtl] Ali Hassan al - Fawwaz
Iraqi economy status needs to be a thorough review, not because it 's live appearances deficit only, due to lower oil prices, and weak investment fields, but the correlation ofthese problems with the direction to this economy is placed inside (debts) may strain thereality, and increase the burdens, It Mannih the need to review, especially since the interview (corruption) will continue to be present at many of the measures taken here or there ..
remarks recent international Monetary Fund about the possibility of approval to lend Iraq $ 15 billion over three years, raises this ado, about the nature of the loans, is it to cover the deficit? Or to implement strategic projects? What are these projects? It will be subject to real oversight even Ataatserb money to the evil owners, and thus we will produce crises again ..
and if the words of head of the IMF mission in Iraq (IMF), Christian Gooch in the real media, on lend Iraq $ 15 billion over three years, for real, will you be ready credit agreement «stand -by arrangements with the SBA, allow the Fund to participate in monitoring the employment of these funds? Or you will develop the upcoming negotiations with the Fund a joint roadmap on track the outcomes of these loans, data dispose of them?
These and other questions need to be clear, because the Fund says Gooch: will provide one - third of the amount of funding first from $ 15 billion, that believes in the rest of thefinancial institutions other donors, including the World Bank, the Arab Gulf states, theUnited States and the Group of seven industrialized nations G7 », which calls for the need for the Iraqi Council of Representatives and its committees specialized aware ofwhat is happening, everyone knows that the IMF debt is conditional, and it is subject topolitical calculations, and actions taken with debtor countries on the level of subsidy cuts and reduced spending.
the interest and other level, aside from Iraq 's financial situation and its complexity, the need for the necessities to look for other sources of funding and to maximize national wealth is the horizon that should think about it seriously at the level of stimulation sector investment new mechanisms, or at the level of organization of the tax and its importance sector, as well as the need to reconsider the policy of import, and the importance ofactivating the agricultural and industrial sectors, as areas need to be effective and swift action, and away from the bureaucracy and the crises that Astunaha politicians and stakeholders.
the transformation of Iraq into a country 's debts mean imposing more problems, and thethreat of a lot of window of national policies that need to support them and the ration card and economic support to some sectors, it is very difficult to Iraqi citizens under fire arc that can be imposed by those debts and other mode.[/rtl]
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