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Balance the 2015 knock the alarm
01-02-2015 04:17 PM Baghdad-News/Iraq Ahmed
Parliament approved the budget for the year 2015, at a time when many questions are raised about the 2014 budget, and where to go, how to spend the surplus or debt?..
This did not happen in any country in the world. Economic observers noted that after the 2004 budgets put all discussion of final accounts and no one knows how to act, with many complaints about projects that incorporated and which were just words on paper.
In other words it was a budget allocation of oil revenues on the basis that are not understood and actions how tainted. Observers believe the economists that the current budget, which was approved by nearly 100 billion dollars in deficit of nearly 20 billion dollars, is balancing the ' austerity ' but ' glut ' in international economic and Iraqi tradition, which did not exceed the balance in the best conditions by the year 2003, and at the time of the Iran-Iraq war, one quarter of this amount, was going nearly 80 per cent to the war effort.
But the recent oil shock came to sounding the alarm to stop sabotaging every economic installations and return to revive industrial and agricultural projects and commercial and service that have become ' ineffective ' or ' no ' because of the presence of mismanagement in order to exploit the conditions of privatization alternatives that have been developed so far.
Hedges and alternativesIn context, the Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, to balance the 2015 include several precautions and alternatives in case of unexpected things happen, and that the operational budget from 63 trillion dinars (about 55 billion dollars) and investment 37 trillion (more than 30 billion dollars), while the deficit of nearly 25 trillion dinars (20 billion dollars).
The parliamentary Finance Committee, points out that the budget might not meet all needs, but services take into account important as security, displaced people, with Committee member, explains najiba Najib, the ' budget press jobs and reduced the salaries of holders of higher grades to meet the essential needs of Iraq حاليا'.
Tourist spendingIn turn, the Economist, Falah Ahmad, that: ' the adoption of the cabinet budget early is a good move for the Government ', returned to budget deficit ' must be covered by religious tourism and other economic activities, because they depend on the sole oil supplier '.
Explains that ' religious tourism rose 2014, having visited Iraq 20 million tourists ', adding that ' no State in the world will glorious deed of so many tourists and of important economic resources in Iraq to spend and don't benefit from them '.
The Economist believes that ' religious tourism in Iraq can provide very substantial sums to cover a large part of the budget deficit, but adds a profit, as well as the potential contribution to securing jobs for half the unemployed now you need buckets, translators and other services ' to ' agricultural economic Committee to determine what should be the focus of crops with high returns for the national economy '.
Economic revolutionThe key issue remains in the eyes of economic experts, is how we manage the funds properly, and given the real revolution and to restore life to the industrial and agricultural sectors, tourism and others, and stop considering that Iraq is a country the consumerist, and that an open economy of scooping him without an account.
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01-02-2015 04:17 PM Baghdad-News/Iraq Ahmed
Parliament approved the budget for the year 2015, at a time when many questions are raised about the 2014 budget, and where to go, how to spend the surplus or debt?..
This did not happen in any country in the world. Economic observers noted that after the 2004 budgets put all discussion of final accounts and no one knows how to act, with many complaints about projects that incorporated and which were just words on paper.
In other words it was a budget allocation of oil revenues on the basis that are not understood and actions how tainted. Observers believe the economists that the current budget, which was approved by nearly 100 billion dollars in deficit of nearly 20 billion dollars, is balancing the ' austerity ' but ' glut ' in international economic and Iraqi tradition, which did not exceed the balance in the best conditions by the year 2003, and at the time of the Iran-Iraq war, one quarter of this amount, was going nearly 80 per cent to the war effort.
But the recent oil shock came to sounding the alarm to stop sabotaging every economic installations and return to revive industrial and agricultural projects and commercial and service that have become ' ineffective ' or ' no ' because of the presence of mismanagement in order to exploit the conditions of privatization alternatives that have been developed so far.
Hedges and alternativesIn context, the Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, to balance the 2015 include several precautions and alternatives in case of unexpected things happen, and that the operational budget from 63 trillion dinars (about 55 billion dollars) and investment 37 trillion (more than 30 billion dollars), while the deficit of nearly 25 trillion dinars (20 billion dollars).
The parliamentary Finance Committee, points out that the budget might not meet all needs, but services take into account important as security, displaced people, with Committee member, explains najiba Najib, the ' budget press jobs and reduced the salaries of holders of higher grades to meet the essential needs of Iraq حاليا'.
Tourist spendingIn turn, the Economist, Falah Ahmad, that: ' the adoption of the cabinet budget early is a good move for the Government ', returned to budget deficit ' must be covered by religious tourism and other economic activities, because they depend on the sole oil supplier '.
Explains that ' religious tourism rose 2014, having visited Iraq 20 million tourists ', adding that ' no State in the world will glorious deed of so many tourists and of important economic resources in Iraq to spend and don't benefit from them '.
The Economist believes that ' religious tourism in Iraq can provide very substantial sums to cover a large part of the budget deficit, but adds a profit, as well as the potential contribution to securing jobs for half the unemployed now you need buckets, translators and other services ' to ' agricultural economic Committee to determine what should be the focus of crops with high returns for the national economy '.
Economic revolutionThe key issue remains in the eyes of economic experts, is how we manage the funds properly, and given the real revolution and to restore life to the industrial and agricultural sectors, tourism and others, and stop considering that Iraq is a country the consumerist, and that an open economy of scooping him without an account.
[You must be registered and logged in to see this link.]
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