The challenges of the general budget for Iraq

by **Rocky** Sun 08 May 2016, 3:08 am

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Post n°1

The challenges of the general budget for Iraq

by Rocky Sun 08 May 2016, 3:08 am

The challenges of the general budget for Iraq

8/5/2016 0:00

[rtl] Adnan al- Kanani ,
despite the great challenge facing the state budget since 2003 , which is represented in under - resourced and the burden of expenses of comprehensive support programs and non - observance of spending imperatives of economic and strategic priorities, successive governments did not address the problem through the development of aspecific program or strategy is clear, and is reflected in the vocabulary preparation of the state budget - the federal budget for Iraq for the years 2005 to 2016 , where they do not contain economic and reformist dimensions necessary, but were offset compromise based on keeping things the same.
Therefore Vemoazinh past years did not seek in earnest to diversify its sources of state revenues and to rationalize tunnels and to arrange the investment on the economic foundations of strategic priorities.
there was the understanding that Iraq does not need , but to begin the process of oil production and to achieve the necessary reconstruction of returns, but this (understanding) Mangar quickly when the state faced a volume of responsibility and destruction in the depth of the economy as well the enormous expense of the security services to confront war molars with regulations (Daash) and terrorist insufficient oil revenues and increased ranges of the extent of corruption and theft of public money explicitly for capital formation is necessary.
the government has two choices in the preparation of public budgets, either work through the census projected income and expenses while allowing for a certain percentage ofhelplessness that does not exceed 10 percent, or work on the budget is working on aradical overhaul to the problems of the Iraqi economy , planning the necessary ground and provide economic reform. grants, aid , and everyone knows now that international grants and aid took decreasing gradually or stopped during the previous two years and clearly, Valmanh President »United States of America« not allocated through theprevious two years , but the amounts shy and is supposed to initiate an international campaign for serious Aamaralarac and restore luster emits civilized to keep pace with the historical career humanity, either the funds in the Iraqi fund for ages are few other or non - existent. There is no doubt that the amounts that will get them to borrow from thebank and the international Monetary Fund or some countries will find its way inevitably to enhance the security situation and the face of the current war with the regulations (Daash) terrorist attacks. deliberate programs and out of the complex problems facing the preparation of public budgets of the state there must be a sound programmer and planning how to dispose of revenues resulting from the sale of oil , which state revenues depend on it in the financing of all the vocabulary of public budgets, so it should reconsider licensing round, and the need to expand the absorptive capacity of investment in the oil and gas sector in order to be able to contain the allocated INVESTING increase in the current time, there is the problem of increasing the speed of investments because of the problem of absorptive capacity despite the availability of customization.diversification of resources as well as the work hard and real fast development of new sources of revenue, for example , the need to obtain the charges for phone carriers in Iraq and the whole without boasting or slow down and the application of tariff increases with increasing the efficiency of the performance of the collection of income and other tax and duties, in addition to new resources from graphic reconstruction with the application fee to the owners of the high salaries of the four million dinars income and above per month. planning for the implementation of the preparation of public budgets of medium -range summed elements major increase resources through the expansion of theproduction and export of oil and gas to meet the reconstruction and construction and increased levels of investment in all sectors of the requirements during the period of 2017-2020, as well as work Ay develop the efficiency of social insurance that would fight poverty, deprivation and achieve prosperity. economic goals should be in themedium term that the current government has identified several goals including increasing the gross domestic product up (10 percent) a year to say the least, as well as increased Iraqi per capita income at a rate (25 percent) during this period and theabolition of withholding his salary and emoluments currently monthly plus a lack ofprejudice to salaried retirees at all and getting paid Bmeidha and provide better services to them in recognition of their services. the work to reduce unemployment among graduates limits (10 percent) until 2020, that the current rate of more than (30 percent), and the control of inflation during the time period from 2016 to 2020 and up (10 percent), repair and rehabilitation of the economic institutions of the state quickly and activating the role of the economic Commission for achieving a balance between regions different in Iraq. reform of the oil sector through the introduction or the use ofcommercial standards to raise the performance of oil companies , with the dimensions ofall the elements that were suspicions of corruption in the oil sector and quickly and without hesitation. the development of the administrative system in state institutions through the activation of the role of supervision and inspection and reward the creators and owners of dressing in all institutions State fight with venal and corrupt, especially since the current economic structure «public sector» large and flabby as well as weak and unable private sector to lead the national economy and the high proportion ofsupport in the state budget so that they form more than (50 percent) of public spending.[/rtl]

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