Home
And the private sector role
21/12/2016 0:00
[rtl]Samir Alnasiri
ratified the Council of Representatives on the state budget for 2017 after the birth ofdifficult and describing them as budget Altqhvih.omn analytical overview of theallocations note it 's actually a shoestring budget when compared assignments budgets of 2014, 2015 and 2016, it was a high allocations budget compared with the budgets ofneighboring and regional oil - producing countries, which characterized the budget in 2017 is installation of materials pertaining to support national production and supporting private sector investment and participation in ministries and provinces with the exception of all the laws in force.
The state budget is a detailed statement of relying contain overall revenues and that obtained from oil is expected by 95 percent of public expenditures , which requires spending during the budget year, they are financial program with the general plan for economic and social development of the country in the investment side and operational side.
Therefore , the decline in global oil prices and internal conditions of Iraq and the war on terrorism and the problem of the displaced and the crisis cash shortages should be addressed through the provision of attractive economic environment for the national capital to contribute to the development and the creation of appropriate conditions provide reassurance to the private sector in order to participate in the investment process and this requires the government to maintain the stability of the Iraqi dinar against the US dollar and not get a big gap between the official price and the price in the gray market.
It also requires stagflation treatment as a result of the worsening unemployment rate and not be absorbed due to suspension or postponement of infrastructure investment projects giant investment plans, and find economic solutions to repair the economic and financial crisis and how to benefit from expectations of a continued rise in oil prices, which is expected to provide up to nine billion dollars and this will cut up 50 percent of the estimated 2017 budget deficit. But there must be an active role for the private sector and the national and particularly the private banking sector, because without a sound banking sector can not build a sound national economy, and that means the involvement of the private banking sector and the private sector a greater role in economic decision - making and implementation of the false articles of the budget.
The next stage is requiring the investment climate is encouraging the provision to attract national and foreign capital and encourage the achievement of partnerships between the public and private sectors, and to contribute to the policies, mechanisms and strategies and participate in the follow - up implementation mode to resolve the transition programmed stages in time to a market economy, and also work to provide additional sources of financing of the general budget of the state the adoption of the development and diversification of resources towards raising the proportion of other resources in the non - oil GDP.[/rtl]
[rtl][You must be registered and logged in to see this link.][/rtl]
» utube MM&C 5/11/24 Iraqi Dinar - IQD Update - International - IraqTiming - 2024 Budget Schedule - Sp
» Al-Atwani to Al-Furat News: 2024 is the year of work and our loans reach 50 million dinars
» An economic expert warns against excessive selling of the dollar at the currency auction
» Stopping gas burning in Iraq.. The Minister of Oil reviews the road map via “Baghdad Today” - Urgent
» The Iraqi Trade Bank clarifies regarding the localization of the salaries of the region’s employees
» Justice directs the provision of banking alternatives that guarantee higher profits for minors’ depo
» Items related to Iraq on the agenda... Details of the 33rd Arab Summit in Bahrain
» Al-Atwani to Al-Furat News: 2024 is the year of work and our loans reach 50 million dinars
» A government campaign to close illegal oil refineries in the Kurdistan region
» The dollar stabilizes on the Baghdad Stock Exchange
» Parliamentary finance indicates government negligence regarding the budget
» The Central Bank sells more than $271 million in the currency auction
» Parliament sets a date to pass the Intelligence Service Law
» Documents...a parliamentary movement to investigate the facts regarding Kuwaiti “violations” of Iraq
» Setting a date for finalizing the gas import file in Iraq.. What about the licensing rounds?
» The model school buildings project enters the final stages in Iraq
» Led by JPMorgan, the 60 largest global banks finance fossil fuel projects with $705 billion.
» The Jordanian Housing Bank raises its stake in the Iraqi Al-Mansour Bank to more than 7%
» Government move to appoint veterinarians in Iraq
» Including a capital increase of 400 billion dinars... a number of files on the table of the Bank of
» More than 8 million barrels of oil are exported by Iraq to America within a month
» Electricity: All regular and random properties are covered by the smart transformation system
» Prime Minister: Confronting corruption is the most important criteria for increasing efficiency
» Finland pledges to support and protect the marshes
» Referring 13 blocks and fields in various governorates to licensing rounds.. Iraq is enhancing its o
» The Media Authority is preparing a strategy for artificial intelligence
» Next week, the Speaker of Parliament will be elected
» $4 billion...Central Bank sales
» Investing in government directions supporting the private sector
» Licensing rounds.. Iraq succeeds in enhancing its oil production
» The Kingdom of Bahrain affirms its support for all initiatives and any Arab effort and movement aime
» The Foreign Minister arrives in Bahrain to participate in the Arab Summit
» The National Data Center announces its readiness to launch an electronic window for establishing ind
» Work: Excluding employees and retirees proven to receive social assistance
» Revenues of the automobile manufacturing sector in China increased in the first quarter of this year
» The Basra government discusses with a UN delegation the five-year development plan for the coming ye
» The roots of begging mafias, stealing children and selling them... What did the “black box” reveal t
» Fears of collapse prevent the storage of 3 billion cubic meters.. Why did the Mosul Dam unleash its
» Al-Sudani renews Iraq's support for UNRWA to alleviate the suffering of the Palestinians
» Today.. Barzani visits Baghdad to meet with Sudanese
» Minister of Oil: Referring four blocks and fields within the two licensing rounds
» The Ministry of Immigration announces the launch of an electronic form for employees from the Faili
» Has Iraq given up on lifting the European ban on its airlines?
» News website: Chinese companies dominate the Iraqi energy sector
» Representatives call on Sudanese to stop work on the project to rehabilitate 42 neighborhoods in Diw
» Türkiye will carry out a large ground operation on the borders of Kurdistan and will not storm Sinja
» Iraq takes security precautions to confront the time bomb and announces the immediate dismantling of
» Parliament sets next Saturday as the date for electing its president... despite the political divisi
» To achieve financial stability... Iraq increases its gold reserves
» Al-Sudani receives the Commissioner-General of the United Nations Agency (UNRWA)
» Iraq increases its gold reserves to exceed 145 tons
» Ministerial Council for the Economy: Electronic payment is a condition for granting work permits to
» A deputy reveals the most dangerous files facing the Sudanese government’s program
» Parliamentarian: Amending the election law needs time to pass
» The work of the committees will bring nothing but disappointment to the people... procrastination an
» Under American sponsorship, Jordanian banks swallow the Iraqi dollar
» A member of the Parliamentary Oil Committee sets the date for ending the gas import file in Iraq
» The Minister of Oil announces the end of licensing rounds and reveals the number of participating co
» The Chinese company that won the development of Al Dhafriya field: The competition in the two licens
» Political praise for the Sudanese: He has an industrial and commercial mentality
» Melancholy Molly
» The reality of the American presence... Objections are rising and the Sudanese are silent
» The work is discussing with the World Bank a project related to social protection beneficiaries
» Parliamentary Finance: The government intends to send the budget schedules this week
» The Emirates tops and Iraq does not exist...the list of the richest people in the Middle East and No
» A government plan to combat poverty and include 400,000 families with health insurance
» Iraq signs a memorandum of understanding with an American company to support the energy sector
» A deficit exceeding 75 trillion, and this is the date of its arrival.. Parliament’s finances talk ab
» Kirkuk.. A bank was caught receiving remittances for ISIS from a neighboring country
» The Minister of Commerce discusses with his Lebanese counterpart procedures for accelerating the con
» To find out who is negligent or not... The Basra Council forms a committee to follow up on the heads
» Iraq signs a memorandum of understanding with “Honeywell” to support the energy sector
» The judiciary reaches the final stage in the theft of the century file
» An economic expert proposes a solution to end the Jordan National Bank's "takeover" of the currency
» utube 5/12/24 Iraqi Dinar | Citi Bank Announced New Rate Of The Iraqi Dinar | Dinar News Today 202
» Reassurance to employees: “Salaries are not affected by delays in budget schedules.”
» Al-Anbeki: The framework is determined to proceed with the election of the Speaker of Parliament
» Al-Karaawi calls for revealing the truth about the presence of American forces
» Political conflict and corruption in Anbar oust two officials
» After joining Al-Halbousi, an agreement was reached to nominate Mahmoud Al-Mashhadani for the presid
» Within a month, the Central Bank of Iraq’s sales exceeded $4 billion
» The Iraqi Parliament decides to elect its new president next Saturday
» The Interior Ministry activates mobile stations to issue the unified card for communities abroad
» Jordan stops importing oil from Iraq
» The Association of Private Banks praises the Iraqi Central Bank’s approach to establishing digital b
» Iraqi fields cling to the foreign and kick the local... 3 reasons that embarrass private companies i
» The Minister of Commerce stresses the importance of creating a state of balance in the economy and e
» Among them is weak demand for gas...an economic diagnosis of the “most important” observations on th
» Proposing a parliamentary plan to get rid of job stagnation in state departments
» Involving and integrating the private sector into the investment map for sustainable development
» Population claims in the Maysan Marshes: Our water share is not distributed fairly
» The Iraqi Parliament reveals the latest developments in the “theft of the century”
» Jordanian industry exports to Iraq record an increase in 2024
» Implementation of 85% of the southern green belt in Karbala
» The Interior Ministry completes cleansing the areas of organized crime gangs
» Immigration: The displacement file will be closed next July 30
» Transport sets a date to close the file of development road route conflicts
» Service projects are launching non-stop