Home
Allawi: need a quick economic measures to get some 25 billion dollars and be wary of tampering with the cash reserve
Range press/Baghdad
Vice President Iyad Allawi said Wednesday the Government to think of swift action to get the $ 25 and $ 30 billion to the Treasury and as stressed the need to diversify sources of income of Iraq, warned Iraq's cash reserve manipulations being would cause inflation in Iraq.
Allawi said in an exclusive interview with (long press) that "it is now necessary to find alternatives to oil from the Iraqi Government, on the basis of the needs of the United States is currently", calling for immediate action, such as the diversity of income sources and think Government bonds for a period ranging from three to five years, with public expenditure of Government pressure ".
Allawi said that "it is necessary to carry out prompt quick thinking to get $ 25 to $ 30 billion to the Treasury in Iraq, stating that" a portion of these payments must be by selling factories to the private sector ".
Allawi said that "such a move need to enact laws immediately so investors purchase the factories, a move that would add to the Iraqi Treasury by nine billion dollars," pointing out that "this command if arranged by 2015 would put Iraq in 2016 and the economic side easier, especially if accompanied by security."
The President warned the Iraqi national list of "entry to the cash reserve for Iraq, because it is the basis for safety of Iraq economic but also represents the international guarantee him", adding that "manipulation of the cash reserve to Iraq will happen to us inflation and spoke very serious collapses can be addressed."
Allawi said that Iraq currently needs to economic experts and elders as well as the need for security experts, and the experts as they present in Iraq and neglect, or are outside, so this must be an existing expertise to contribute to the Government's guidelines in the future, "he said, adding that" one of the things that you got when you replace Sinan Al-Shabibi and is expert and Governor of the Central Bank is a failure that we pay. "
He continued by saying "we don't want to repeat these things therefore fix the economic situation must be part of a comprehensive plan and large.
The parliamentary Finance Committee predicted, (22 October 2014), reduce the public budget by 59 trillion dinars, and called on the Government to austerity and reduced unnecessary expenditures, while an economist suggested reducing the salaries of the upper State, stimulate the private sector to be able to create new jobs to absorb the unemployed instead of relying entirely on the State in this area.
While economists predicted that the number of job openings is reduced, demanding the need to find an alternative to absorb the unemployed by providing new employment opportunities through private sector.
The Prime Minister, Haidar Al-Abadi, revealed, (20 October last), told a press conference after talks with top Shiite religious authority, Ali al-Sistani, in Najaf, and attended by, (long press), to discuss the issue of cabinet budget three times, and that the Council will prepare a budget which makes military spending as a matter of fact, the budget 2015, based on the current year's budget for 2014, because of the same problems, of Kirkuk crude, full stop, as well as lower world prices and expectations concerning falling over, for this The Cabinet decided to austerity.
[You must be registered and logged in to see this link.]
Range press/Baghdad
Vice President Iyad Allawi said Wednesday the Government to think of swift action to get the $ 25 and $ 30 billion to the Treasury and as stressed the need to diversify sources of income of Iraq, warned Iraq's cash reserve manipulations being would cause inflation in Iraq.
Allawi said in an exclusive interview with (long press) that "it is now necessary to find alternatives to oil from the Iraqi Government, on the basis of the needs of the United States is currently", calling for immediate action, such as the diversity of income sources and think Government bonds for a period ranging from three to five years, with public expenditure of Government pressure ".
Allawi said that "it is necessary to carry out prompt quick thinking to get $ 25 to $ 30 billion to the Treasury in Iraq, stating that" a portion of these payments must be by selling factories to the private sector ".
Allawi said that "such a move need to enact laws immediately so investors purchase the factories, a move that would add to the Iraqi Treasury by nine billion dollars," pointing out that "this command if arranged by 2015 would put Iraq in 2016 and the economic side easier, especially if accompanied by security."
The President warned the Iraqi national list of "entry to the cash reserve for Iraq, because it is the basis for safety of Iraq economic but also represents the international guarantee him", adding that "manipulation of the cash reserve to Iraq will happen to us inflation and spoke very serious collapses can be addressed."
Allawi said that Iraq currently needs to economic experts and elders as well as the need for security experts, and the experts as they present in Iraq and neglect, or are outside, so this must be an existing expertise to contribute to the Government's guidelines in the future, "he said, adding that" one of the things that you got when you replace Sinan Al-Shabibi and is expert and Governor of the Central Bank is a failure that we pay. "
He continued by saying "we don't want to repeat these things therefore fix the economic situation must be part of a comprehensive plan and large.
The parliamentary Finance Committee predicted, (22 October 2014), reduce the public budget by 59 trillion dinars, and called on the Government to austerity and reduced unnecessary expenditures, while an economist suggested reducing the salaries of the upper State, stimulate the private sector to be able to create new jobs to absorb the unemployed instead of relying entirely on the State in this area.
While economists predicted that the number of job openings is reduced, demanding the need to find an alternative to absorb the unemployed by providing new employment opportunities through private sector.
The Prime Minister, Haidar Al-Abadi, revealed, (20 October last), told a press conference after talks with top Shiite religious authority, Ali al-Sistani, in Najaf, and attended by, (long press), to discuss the issue of cabinet budget three times, and that the Council will prepare a budget which makes military spending as a matter of fact, the budget 2015, based on the current year's budget for 2014, because of the same problems, of Kirkuk crude, full stop, as well as lower world prices and expectations concerning falling over, for this The Cabinet decided to austerity.
[You must be registered and logged in to see this link.]
