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Proposal for investment projects in the budget of 2015 and Order forward
Insert a provision preventing the sale of the public sector without private sector competition
BAGHDAD - Hussein al-Tamimi Tgb
proposed member of the National Business Council, the Iraqi included the budget year 2015 the introduction of all the projects proposed by the ministries provided to include the clause regulated under the protocol with the States Order term and the repayment through oil shipments A year after the Protocol.
David Abdul Zayer said the measure can compensate the absence budget of investment allocations after they stopped all projects for 2014 for failure to approve the federal budget.
Zayer said in an exclusive interview with "morning" that this mechanism will help the general budget in reduce operating expenses, which could reach 20 percent to the fullest extent.
He suggested Zayer add the item into the general budget provides for the implementation of the proposed new investment projects by the ministries and agencies concerned, which did not have a financial allocation in the 2015 budget that stipulates that "this Projects implemented Order term under the Protocol government will be responsible Bibramh with countries that have the potential implementation of these projects and processing of commodity under the international standards. "
He explained that this protocol provides for payment on credit for time to be agreed upon within the Protocol and repayment through the export of oil after at least a year an end to the implementation of projects and the interest of not more than 3 percent per year of the amounts paid only from that State, which concluded with the Protocol and on the basis of ensuring the export of crude oil to those countries concerned. Was based Zayer in this vision to the promises made by the Oil Ministry itself to raise the volume of production to 5 million barrels per day, and the repayment of Akiem export surplus after covering the federal budget allocations.
He pointed out that this mechanism will ensure oil market to ready buyer, as well as ensuring implementation of investment projects, which were not included in the next budget allocations.
He said the experience had been in place previously in some other states that have passed the same conditions and proved successful, pointing to the Amaknyh employed for the treatment of stage and force of the crisis low fiscal revenue because of low crude oil prices in world markets. The Zayer had warned in the introduction to his speech from the repercussions of not include the budget in 2015 for investment projects, because it is one of the goals of aggression Daash to weaken the Iraqi economy and ways to grow.
Zayer between that do not include the next year's budget for investment projects again is a matter of concern, especially that a large segment of the youth employment skilled work in these projects and different terms of reference, indicating the importance of preserving jobs for them, and stay away from the consequences of disabling this segment of business.
He continued by saying that these protocols lead to build bridges of cooperation with neighboring countries and that will be a positive impact on the country of all economic respects and security and social, especially after those countries associated with the domestic market, and will work towards maintaining its interests in Iraq.
Zayer He concluded by referring to the importance of the inclusion of an item in the budget to prevent the sale of the public sector to the public sector without competitive private sector, pointing out that this supports the activation sector private, especially as the government program emphasized the activation of the role of this sector in economic life.
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Insert a provision preventing the sale of the public sector without private sector competition
BAGHDAD - Hussein al-Tamimi Tgb
proposed member of the National Business Council, the Iraqi included the budget year 2015 the introduction of all the projects proposed by the ministries provided to include the clause regulated under the protocol with the States Order term and the repayment through oil shipments A year after the Protocol.
David Abdul Zayer said the measure can compensate the absence budget of investment allocations after they stopped all projects for 2014 for failure to approve the federal budget.
Zayer said in an exclusive interview with "morning" that this mechanism will help the general budget in reduce operating expenses, which could reach 20 percent to the fullest extent.
He suggested Zayer add the item into the general budget provides for the implementation of the proposed new investment projects by the ministries and agencies concerned, which did not have a financial allocation in the 2015 budget that stipulates that "this Projects implemented Order term under the Protocol government will be responsible Bibramh with countries that have the potential implementation of these projects and processing of commodity under the international standards. "
He explained that this protocol provides for payment on credit for time to be agreed upon within the Protocol and repayment through the export of oil after at least a year an end to the implementation of projects and the interest of not more than 3 percent per year of the amounts paid only from that State, which concluded with the Protocol and on the basis of ensuring the export of crude oil to those countries concerned. Was based Zayer in this vision to the promises made by the Oil Ministry itself to raise the volume of production to 5 million barrels per day, and the repayment of Akiem export surplus after covering the federal budget allocations.
He pointed out that this mechanism will ensure oil market to ready buyer, as well as ensuring implementation of investment projects, which were not included in the next budget allocations.
He said the experience had been in place previously in some other states that have passed the same conditions and proved successful, pointing to the Amaknyh employed for the treatment of stage and force of the crisis low fiscal revenue because of low crude oil prices in world markets. The Zayer had warned in the introduction to his speech from the repercussions of not include the budget in 2015 for investment projects, because it is one of the goals of aggression Daash to weaken the Iraqi economy and ways to grow.
Zayer between that do not include the next year's budget for investment projects again is a matter of concern, especially that a large segment of the youth employment skilled work in these projects and different terms of reference, indicating the importance of preserving jobs for them, and stay away from the consequences of disabling this segment of business.
He continued by saying that these protocols lead to build bridges of cooperation with neighboring countries and that will be a positive impact on the country of all economic respects and security and social, especially after those countries associated with the domestic market, and will work towards maintaining its interests in Iraq.
Zayer He concluded by referring to the importance of the inclusion of an item in the budget to prevent the sale of the public sector to the public sector without competitive private sector, pointing out that this supports the activation sector private, especially as the government program emphasized the activation of the role of this sector in economic life.
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