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Economists: politics searched the country's economy and warn of crisis
2014/11/23
Tomorrow press Baghdad warned a number of economic experts, members of Parliament, of the seriousness of the economic crisis, unless moving away from politics and their differences on the economic sector in the country, arguing that failure to pass the budget, came for political reasons.
The economic news, says Mohammed Al-araji, for "tomorrow," "the unclear policy pursued by Iraq over the years, this period began to show, at a time when the current year's budget acknowledges, which were delayed due to political differences, so the treatment required now."
And Al-araji, political blocs for any economic decline, as a result of the preference of the interests on the public interest, and they do not recognize the country's general budget, as a result of the project within the circle of their differences. "
The Economist predicted, Salem rekan, speaking of "tomorrow" in the budget deficit next year (2015) $ 45 billion, as a result of the imbalance in the disbursement of funds within this year, and paid without lists, accounts, and without the economic exchange. "
He adds that "balancing next year need to plan economic court to avoid a deficit in the budget, otherwise the crisis would continue, stressing the importance of adoption of the budget of next year at the earliest."
In a press release, says financial expert Mohammad Saleh appearance that "80% of investment projects in Iraq are from the output of the public budget, pointing out that the suspension of these projects or the reluctance means irregular life and economic development in the country."
He adds that "find project financing will affect the effectiveness of the private sector which depends entirely on the implementation of government projects, as well as access to a 12% unemployment rate, in a country suffering economic crises such as Iraq, stating that" most of the unemployed youth ".
Member of the Parliamentary Committee charged with preparing financial budget Faleh Sari, earlier, that the Commission refused to formally integrate funding this year and next by one law, pointing out that the Government informed the Committee of the need to give priority in the draft budget of the current year, to the defence and interior ministries.
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2014/11/23
Tomorrow press Baghdad warned a number of economic experts, members of Parliament, of the seriousness of the economic crisis, unless moving away from politics and their differences on the economic sector in the country, arguing that failure to pass the budget, came for political reasons.
The economic news, says Mohammed Al-araji, for "tomorrow," "the unclear policy pursued by Iraq over the years, this period began to show, at a time when the current year's budget acknowledges, which were delayed due to political differences, so the treatment required now."
And Al-araji, political blocs for any economic decline, as a result of the preference of the interests on the public interest, and they do not recognize the country's general budget, as a result of the project within the circle of their differences. "
The Economist predicted, Salem rekan, speaking of "tomorrow" in the budget deficit next year (2015) $ 45 billion, as a result of the imbalance in the disbursement of funds within this year, and paid without lists, accounts, and without the economic exchange. "
He adds that "balancing next year need to plan economic court to avoid a deficit in the budget, otherwise the crisis would continue, stressing the importance of adoption of the budget of next year at the earliest."
In a press release, says financial expert Mohammad Saleh appearance that "80% of investment projects in Iraq are from the output of the public budget, pointing out that the suspension of these projects or the reluctance means irregular life and economic development in the country."
He adds that "find project financing will affect the effectiveness of the private sector which depends entirely on the implementation of government projects, as well as access to a 12% unemployment rate, in a country suffering economic crises such as Iraq, stating that" most of the unemployed youth ".
Member of the Parliamentary Committee charged with preparing financial budget Faleh Sari, earlier, that the Commission refused to formally integrate funding this year and next by one law, pointing out that the Government informed the Committee of the need to give priority in the draft budget of the current year, to the defence and interior ministries.
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