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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    VIDEO IMF Mission Chief For Iraq Gives Press Conference

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278239
    Join date : 2012-12-21
    • Post n°1

    VIDEO IMF Mission Chief For Iraq Gives Press Conference Empty VIDEO IMF Mission Chief For Iraq Gives Press Conference

    Post by Rocky Fri 18 Nov 2016, 5:52 am

    VIDEO IMF Mission Chief For Iraq Gives Press Conference




    Published On Nov 16, 2016

    (29 Mar 2016) Jordan Iraq Imf

    Source: Ap Television

    Restrictions: Middle East Extra Clients Only

    Length: 1:50


    AP Television
    Amman - March 29, 2016
    1. Mid of Iraqi Finance Minister Hoshyar Zebari entering press conference
    2. Wide of press conference
    3. SOUNDBITE (Arabic) Hoshyar Zebari, Iraqi Minister of Finance:
    "We are not here to impose any restrictions or conditions on our social commitments towards the poor, for example, the vulnerable in society, not at all. However, when you pay taxes, everyone pays. You don't just impose them on this X or that Z, you impose them on the whole country."
    4. Various of press conference
    5. SOUNDBITE (English) Christian Josz, IMF mission chief to Iraq:
    "The aim of this programme is to do fiscal consolidation - to bring the level of spending in Iraq in line with the new lower level of oil revenue. That's a major objective of the programme. The debt is going to rise fast, which we cannot avoid, we are running down high deficit."
    6. Journalists ready to ask questions at the press conference
    7. Various of cameras
    8. SOUNDBITE (Arabic) Ali Mohsen Ismail, Central Bank of Iraq director:
    "Even when we spent 100 billion (US dollars) domestically, total revenues were six, seven or eight billion, or just ten percent of expenditures. This in an economic fact that needs to be corrected because this would help us avoid external shocks that are taking place because of the sharp fall in oil prices."
    9. Various of press conference
    10. Iraqi flag
    LEADIN:
    In the wake of the crash in oil prices, the Baghdad government is borrowing heavily.
    Iraqi and International Monetary Fund officials have announced a new financial support package.
    STORYLINE:
    Iraqi finance minister Hoshyar Zebari pledges to fight corruption and keep social welfare programs funded as the government seeks to cut costs in the oil price crisis.
    After oil prices peaked at over 100 US dollars a barrel in 2013, the subsequent plunge has rocked oil-exporting nations in the Middle East, not least the war-wracked Iraq.
    Today, Iraq finance chiefs and International Monetary Fund officials announce a new 16 billion financial support package for the Baghdad government, now borrowing heavily in the wake of the crash in oil prices.
    "We are not here to impose any restrictions or conditions on our social commitments towards the poor, for example, the vulnerable of the society, not at all. However, when you pay taxes everyone pays. You don't just impose them on this X or that Z, you impose them on the whole country," says Zebari.
    Despite the financial turmoil and rising national debt to pay for social programmes designed under times of higher oil revenues, Zebari has pledged to fight corruption and keep social welfare programmes.
    The new three-year programme ties domestic economic reform efforts to emergency financing from international agencies.
    "The aim of the programme is to do fiscal consolidation - to bring the level of spending in Iraq in line with the new lower level of oil revenue. That's a major objective of the programme. The debt is going to rise fast, which we cannot avoid, we are running down high deficit," explains Christian Josz, IMF mission chief to Iraq.
    Food and agriculture subsidies would remain along with salaries in the health and educational sectors, but other ways of defraying costs and increasing revenues would be analysed with help from international financial institutions, Josz says.
    The IMF official has also spoken about the organisation's support of legislating against corruption, tracking terrorist financial networks and combating money laundering.
    ===========================================================
    Clients are reminded:
     

     

    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 28 Sep 2024, 4:36 pm