Home
The impact of debt in direct spending
4/24/2016 0:00
[rtl] Mohammed Sharif Abu Mayssam
natural to resort to external debt as a fiscal deficit in the general budget processing tools at a time when the country is experiencing a severe financial crisis, caused by thecontinuing decline in oil prices compared to what is planned in the year 's budget law in 2016 as well as continued high expenses the war on terrorism, but the experience with debt over tyranny decades has left us a legacy bad with the so - called debt breath caused by financial mismanagement, and that 's what behind the pan involved ineconomic affairs what can be called a «phobia debt» as it is feared many of them that will depend on the will of the political and economic country 's international creditors who knew the high abilities in shackling countries indebtedness as it seeks to get out of thecrises in the transition economies totalitarian systems to systems of social market economy or capitalism, and on this basis would prefer a lot of economists resort to domestic debt through the issuance of government bonds sold for the public to address the deficits, or seeking to move the currency bloc chunky in homes rather than resorting to external borrowing , which often result in rates of interest over the life of the debt aswell as the delay benefits that may result from the lack of commitment to make payments in a timely manner or not adhering to the requirements dictated by creditors on thecountry, such as the restructuring of the public sector through the privatization program and to stop the creation of government jobs and going to the private sector in thesupport tools and so on .
However , that is striking in the case of access to foreign debt from the World Bank or the international Monetary Fund or even with regard to the loan Japanese loans and theIslamic development Bank, is a commitment to direct spending and ensure the money going to their goals despite the scarcity, as opposed to what is known about the financial management in the executive branch of the state during the years after the change, which became popular attributes inaccuracies in directing spending Fjbelt those actors bad financial management and the inability to direct spending, as it directs the World Bank loan for this year , according to Bank into three areas : reform of the public sector wage system and reduce spending on energy subsidies and support transparency in thefinancial and non - financial institutions of the state, and note accuracy in direct spending in spite of the diminutive amount about the enormous sums which is monitored by the general budget annually which is often wasted due to poor implementation and mismanagement at the same time , as the World Bank for Iraq a loan not to exceed in the year 2016 more than $ 1.2 billion, which is part of the $ 6 billion division over several years beginning in 2015, it seems that the World Bank loan for ages liberated areas amounting agreement (350) million on 07.12.2015 were part of the total loan.
but the question here is not going away on money management that went down thedrain in the final accounts boxes for the ministries and provinces throughout the years after the change »If the amount of $ 350 million are able to do something for thereconstruction of liberated areas, an amount that will result in rates of interest , and many of the obligations on the Iraqi side, how similar amounts of this amount has beenwasted in the implementation of non - matching projects specifications, or it has been implemented as methods of projects or sidewalks or afforestation projects or sewage systems and then re - executed by the intersection with the work of other projects for electricity or or water systems or expand here or rubble there, and how many of these and similar amounts , which has become in the wombs of spoilers as loans hopeless repaid the government banks by giving borrowers and could not be recovered by those of influence or strong links to the owners of influence ».
the country has barely wake of debt and compensation perched on her chest over theyears , the rule of tyranny, even slipped a new debts due to financial mismanagement and poor spending in the midst of fiscal deficit of the scheme and another was caused by exaggerated perception of the size of the oil revenues under the supervision and auspices of the IMF and World Bank in spite of expectations of a continued drop in oil prices and the high volume of expenses resulting from the war on terror.
Having enjoyed two institutions international Tribunals to intercept a year on what iscontained in the general budget of estimates in the financial abundance time and insist on reducing public spending and the estimated sale price of a barrel and the quantities of oil production as well as to support the market and call for privatization, they were regarding the general budget in 2016 and before the year 2015 is very interacting in thegranting of loans and the development of a long list of requirements that lead by theoverall move toward liberal capital that leaves them to the top of your absolute freedom in managing the affairs of the country money, rather than focusing on the financial and administrative corruption , which Otiha all the financial capabilities of the country and instead of focusing on direct spending in relation to the funds for the general budget, we find the focus on the requirements and accuracy spending the granting of these loans ,which do not constitute amounts nothing about the compound deficit of the general budget of the size, but the passage of the years and the succession of debt and theconsequent obligations would be a real constraint Stsaq router successive governments to be a subsidiary of the global economic system that you do not know a thing sectors government in countries cited by the Globalizing its system, only then we'll find out what went wrong to him. [/rtl]
[rtl][You must be registered and logged in to see this link.]
[/rtl]
» MM&C 11/8/24 Does printing the currency in Iraq cost huge amounts?.. An expert answers
» utube 11/9/2 MM&C News Reporting-Sudani Art IV IMF-Port Faw Open-CBI Governor-No Room for Tw
» To approve controversial laws... new political understandings between the blocs
» TBI opens two branches in Sulaymaniyah and Erbil and distributes 10,000 bank cards in Kurdistan
» Private Banks Association: The rate of financial inclusion for electronic payment is increasing
» Following the extension of the legislative term... a representative of "Al-Jabal": More than 120 law
» The leak of “billion-dollar bribes” shakes the atmosphere... Al-Sudani’s advisor is in the eye of th
» Central Statistical Organization: $24.6 billion in Iraqi imports in 2023
» Operating Iraqi factories... citizens' hope and influential merchants' obstacle
» Al-Sudani Office: Spreading lies is the weapon of the bankrupt
» Al-Maliki: The government and political forces must abide by the statement of the authority
» Parliamentary Security: US forces entered Iraq for the purpose of occupation
» Politician: Next year's budget will face several challenges
» White House Position Awaits Iraqi Beauty Who Helped Trump Return to Presidency
» Dana Gas achieves $112 million in profits in nine months in Kurdistan
» Al-Maliki warns against the explosion of internal crises and the activity of Baath Party cells in Ir
» Find out Iraq's global and Arab ranking with the highest average per capita wealth for the year 2024
» Al-Sudani's advisor: We have put in place a mechanism to provide loans to these groups
» A set of recommendations from Al-Sudani to reform the financial and banking system in Iraq
» Economist: Mistakes are being made in dealing with Basra crude prices
» MP reveals reason behind rising real estate prices in Basra
» Private Banks Association: Financial inclusion rate rose to 48%
» Economic Center Proposes Establishing a Ministry or Authority for Artificial Intelligence in Iraq
» Head of the "Homeland" coalition to "Nina": New understandings between parliamentary blocs to pass c
» Interior Minister chairs meeting to discuss preparations for securing Arab Summit in Baghdad
» The Prime Minister of the Kurdistan Regional Government discusses with the Japanese Ambassador to Ir
» Al-Maliki: Iraq is a key country in the region, not a marginal one
» Al-Araji discusses with the Iranian military attaché in Baghdad ways to enhance the security and sta
» Expectations of delaying the formation of the regional government until next year due to the lack of
» Tens of thousands of victims.. Will Iraq be able to remove mines before the end of 2028?
» Parliamentary satisfaction with intelligence efforts: The quality of information contributed to dire
» Trump wants to meet Sudani soon
» Kurdistan Finance delegation in Baghdad to discuss October salaries
» Voting this week.. Political dialogues to resolve differences over controversial laws in parliament
» Oil: Associated gas investment in the north reached 410 MCM
» With a length of (2444) meters.. Transport explains the strategic importance of the submerged tunnel
» Government Media: 670 model schools completed in all governorates
» For these reasons, Al-Mashhadani came to power as Speaker of Parliament.
» For these reasons, Al-Mashhadani came to power as Speaker of Parliament.
» Iraq reveals Iranian pledges not to use its territory in any attack
» Al-Mashhadani’s first test: “One month” before the Iraqi parliament to decide on “controversial” law
» Al-Sudani directs Jordanians to enter Iraq without a visa
» Wasted wealth.. More than 50% of Iraqi factories are out of operation
» Saleh Al-Mutlaq: “General amnesty” is designed for thieves
» Parliamentarian: Cancellation of the international coalition withdrawal agreement from Iraq is possi
» Government 'furious' at spreading lies: Law will take its right course
» Baghdad Mayor launches new phase to achieve sustainable development at Cairo Urban Forum
» Spreading lies is the weapon of the bankrupt.. The government: We will continue the war on corruptio
» Chairman of the Advisory Board of the Council of Ministers denies an audio recording attributed to h
» Installing GPRS systems in tankers transporting products to combat smuggling in Iraq
» With a length of (2444) meters.. Transport explains the strategic importance of the submerged tunnel
» Al-Sudani threatens: We will take revenge on anyone who tamperes with Iraq's security
» Al-Sudani calls Trump.. Agreement on coordination to end the war in the region
» Economic calls for Iraq to withdraw from OPEC.. What are the reasons?
» Dollar exchange rates in Iraqi markets this morning
» Disagreements and quarrels.. What happened in the last meeting of the State Administration Coalition
» What are the possible scenarios for forming the regional government?
» Proposal to establish a ministry or body dedicated to artificial intelligence in Iraq
» Urgent | Including increasing the number of branches.. Al-Sudani issues 6 directives to develop the
» Al-Alaq describes the parallel dollar as “abnormal”: There is great stability in prices
» utube 11/5/24 MM&C MM&C News Report-ICC-Investors-RIYADA BANK-Port of Faw-3 Presidents Seated-Removi
» Foreign Ministry: Iraqi-Saudi Coordination Council to convene in Baghdad next month
» Travelers demand cancellation of electronic reservations by government banks in selling them dollars
» Al-Sudani directs to increase bank branches to expand financial services and modernize buildings in
» Census Without Nationalities: An Attempt to Write a New Narrative of Iraq’s Unity
» Diplomatic Embrace or the Specter of Sanctions: Iraq Sways in Positions towards Trump
» The National: The British Army Returns to Iraq Under New Pretext
» Zidane and Al-Mandlawi discuss the issue of approving laws related to the work of the judiciary
» MP: The ministerial change is not linked to a specific component or party
» For these reasons, Al-Mashhadani came to power as Speaker of Parliament.
» Al-Kroui to Al-Maalouma: 4 oil and gas fields on the table of the upcoming licensing rounds
» Raouf: The region needs more time to form the new government
» Al-Sudani issues 6 directives to increase financial inclusion and raise its indicators in all govern
» Kurdistan Men's Union Diagnoses Danger Threatening Society's "Collapse" and Proposes Polygamy
» Anbar explains details of the Western Desert irrigation project and sets its opening date
» Large ships at the five berths of Al-Faw Port
» Al-Marsoumi: Faw Port and Development Road will generate revenues worth 6 trillion dinars in 2038
» Nearly half of Iraq's factories are "stopped"... moves to rescue them
» Gulf central banks follow the Federal Reserve and cut interest rates
» Iraqis are the most likely to buy real estate in Jordan in 2024
» Iranian-Sudanese agreement to expand economic and trade cooperation
» Completion of 670 schools in all Iraqi governorates
» Al-Sudani's advisor: We have put in place a mechanism to provide loans to these groups
» A set of recommendations from Al-Sudani to reform the financial and banking system in Iraq
» A dialogue seminar in Basra discusses the anti-torture file and fair trial mechanisms
» The conclusion of the Ninth International Scientific Conference of the College of Veterinary Medicin
» Minister of Interior from Amman: The government has launched a major campaign to improve the service
» Al-Bujari: The Grand Faw Port Project is an opportunity to do justice to graduates of maritime speci
» Al-Sudani announces a package of new banking directives to enhance financial inclusion in the govern
» Iraqi oil returns to gains as Iran-Israel tensions escalate
» Next week... Parliament is close to resolving the controversial laws
» Zidane discusses with Mandalawi and Maliki cooperation between the judicial and legislative authorit
» Al-Atwani to Al-Maliki: We have embarked on a new philosophy for managing the financial sector based
» Al-Sudani issues a set of recommendations to reform the financial and banking system in Iraq
» Iraq's Maritime Future.. Everything You Need to Know About Faw Port and Completion Rates (Video)
» Trump poses a threat to Iraq's budget
» A detailed explanation of the implications of Trump’s victory on Iraqi oil policy
» Minister of Interior inaugurates the unified card system at the Iraqi Consulate in Jordan