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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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    Economists call to develop a "realistic budget" to activate revenue-generating sectors

    Rocky
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    Economists call to develop a "realistic budget" to activate revenue-generating sectors Empty Economists call to develop a "realistic budget" to activate revenue-generating sectors

    Post by Rocky Sun 28 Aug 2016, 3:40 am

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    Economists call to develop a "realistic budget" to activate revenue-generating sectors


     Baghdad / Ibrahim Ibrahim 

    Announced financial advisor to the Prime Minister, on Friday, the date of the arrival of the year 's budget in 2017 to the parliament will be the middle of next September, and hadbeen expecting to pass the budget end of the year to "all pleased", the Committee of the Parliamentary Energy warned of the consequences of rising deficit budget next year 2017 to more than 24 trillion dinars if the government reiterated its "grave mistake" by relying on oil are "almost entirely" to cover the expenses of the State. 
    the financial advisor to the Prime Minister and the appearance of Mohammed Saleh in an interview for the"long" that the "15 of next September is the date for the arrival of the budget to parliament , "expected" passed before the end of this year very easily because they are not complicated and does not involve athumbs which is similar to last year 's budget is almost the exception of some things related to the price of abarrel of oil and the quantities exported. " 
    Saleh said" the budget in 2017 represents peace and the construction budget as Iraq will move from a war economy to a peace economy . Many of the military expenditures will be transferred to the reconstruction and construction , "stressing that" the foreign loans obtained by Iraq are taken into account in bridging the budget deficit. " 
    the information Office of the Prime Minister Haider al - Abadi, said on Tuesday (August 23 2016), theallocation of the cabinet meeting yesterday to discuss the general budget for 2017, with the arrival of thebudget to the final stages confirmed for submission to parliament. 
    for his part, member of the Commission on oil and energy parliamentary Ali Faisal al - Fayad, in a statement, received a "term" copy of it, " the government should expand non - oil revenue department and reduce theexpenditure sections in the coming 2017 budget year , "calling on the concerned authorities to" activate therole of income-generating , such as industry, agriculture and tourism sectors while reducing expenditures on projects unnecessary and reduce government expenditures and to take serious and determined in the fight against corruption and thieves money measures General , who plundered the resources of the country over the years that have passed. " 
    He warned al - Fayad, from" high deficit in the next 2017 to more than 24 trillion dinars if the government did not take those steps, "returned to" Iraq 's dependence on oil revenue by up to about 95 percent to cover state expenses while neglecting other sectors, is a serious mistake impact on the budgets of Iraq. " in 
    turn , an economist Maitham defect , said in an interview for the " long "that" estimating the price of a barrel of oil in the budget of 2017 by $ 35 for the budget, a real expectation and commensurate with the case volatility in global oil markets while the price per barrel to $ 45 in the budget of 2016 is the latest deficit upward. " 
    he added that" increasing the amount of oil produced 3,600 b / d in 2016 to 3,880 b / d in 2017 will help to stabilize the amount of budget next year in line with the requirements of the money distribution for each state sectors without extravagance. " 
    he explained defect that" there is a two - way can the two payment to develop the budget law, the first representing a reduction estimated price for a barrel of oil in the budget to $ 35, and the second is the decline in oil revenues , which pay off rationalizing government expenditure further and work to increase and develop other revenue. " 
    He continued:" the government should leave the emergency decisions improvised caused by the drop in oil prices in nearly two years, and work to develop long - term strategies thought to be the basis for the process of bringing imports and distribution. " 
    the Prime Minister Haider al - Abadi, called on Monday (August 22 current 2016) during a meeting cell crisis, the need to raise the efficiency of the use of the estimated revenue for the year coming in 2017, to secure the wages and salaries and the amounts of social protection and the ration card network, as well as theperpetuation of the war requirements against (Daesh). 
    The Prime Minister, has revealed Tuesday (23 August 2016) at a press conference at the government Palace and attended by (long - Presse) for making adjustments on the grades and transfers in the Ministry of Health and popular crowd, while among the budget suffers from "significant deficit", he stressed that employees and retirees amounting to 51 trillion dinars distribution of salaries needs.
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