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Finance Minister: We seek to reduce the budget deficit in non-oil alternatives
Saturday, 20 December / 1 December 2014
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Finance Minister Hoshyar Zebari said that the ministry is working to reduce the budget deficit in non-oil alternatives such as increased taxes and tariffs on goods entering the country.
Zebari said in remarks to reporters that "the ministry is working to reduce the budget deficit in 2015 through the creation of alternatives to oil such as increased taxes and tariffs on some goods entering Iraq," adding that "a lot of countries rely on their budgets on such as Britain and the United States taxes." .
And that he "will be pressure for budget expenditure to reduce the deficit, but that this pressure will not include medicine and food."
Zebari stressed that "the beginning of next year there will be a budget after the Ministerial Committee complement pressure and reduce the budget deficit and delivered to the Cabinet for approval."
Zebari declined to disclose the size or the amount of the budget deficit, noting that discussions are still ongoing. "
The supreme religious authority called yesterday politicians to resolve the shapes in the budget and there should be one look at the pressure expenses to a minimum and limited to the necessary things that have to do with people's lives.
The representative of the religious authority in holy city of Karbala, Mr. Ahmed net in the Friday prayer sermon la carte al-Husseini al-Sharif "The budget of the key factors to activate all the circles of the country and formal and informal institutions and whenever delayed a decision on approval of the budget whenever remain problems and perhaps also open up other problems, the problem is that Iraq entirely dependent on installation of the budget on the rise or fall in oil prices and oil prices at this stage may begin to decrease, causing a lack of financial resources needed by the country. "
The 2015 budget continues to be included in the government did not send to far to the House of Representatives with a view to approval because of the drop in oil prices amid calls to speed up the end of this file and go about other resources in support of the non-oil economy Aloutna.anthy
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Saturday, 20 December / 1 December 2014
[Follow-where]
Finance Minister Hoshyar Zebari said that the ministry is working to reduce the budget deficit in non-oil alternatives such as increased taxes and tariffs on goods entering the country.
Zebari said in remarks to reporters that "the ministry is working to reduce the budget deficit in 2015 through the creation of alternatives to oil such as increased taxes and tariffs on some goods entering Iraq," adding that "a lot of countries rely on their budgets on such as Britain and the United States taxes." .
And that he "will be pressure for budget expenditure to reduce the deficit, but that this pressure will not include medicine and food."
Zebari stressed that "the beginning of next year there will be a budget after the Ministerial Committee complement pressure and reduce the budget deficit and delivered to the Cabinet for approval."
Zebari declined to disclose the size or the amount of the budget deficit, noting that discussions are still ongoing. "
The supreme religious authority called yesterday politicians to resolve the shapes in the budget and there should be one look at the pressure expenses to a minimum and limited to the necessary things that have to do with people's lives.
The representative of the religious authority in holy city of Karbala, Mr. Ahmed net in the Friday prayer sermon la carte al-Husseini al-Sharif "The budget of the key factors to activate all the circles of the country and formal and informal institutions and whenever delayed a decision on approval of the budget whenever remain problems and perhaps also open up other problems, the problem is that Iraq entirely dependent on installation of the budget on the rise or fall in oil prices and oil prices at this stage may begin to decrease, causing a lack of financial resources needed by the country. "
The 2015 budget continues to be included in the government did not send to far to the House of Representatives with a view to approval because of the drop in oil prices amid calls to speed up the end of this file and go about other resources in support of the non-oil economy Aloutna.anthy
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