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Conscious / Minister of Finance: relations between Erbil and Baghdad is tense at all and we are working to make the final accounts for 2014
26/02/2015
Conscious / Baghdad / FS
Finance Minister Hoshiyar Zebari said on Thursday that "there is action. We have seen the results which we can Abbou the current financial crisis in the country," adding "Baghdad and Erbil's commitment to the oil agreement between the two, which is still holding."
Zebari said during a press conference held at the ministry in Baghdad attended by the reporter (and the Iraqi News Agency Information / INA ) that "there are procedures and put the financial crisis, and during the first two months of this year (January and February) we want to see results already begun, and through that we can cross the crisis. "
"The adoption of the budget of the parliament and the endorsement of the presidency, and published in the Gazette facts came after strenuous efforts and is one of the achievements of the government, and in appreciation, the budget was the reality of a practical and realistic and we had a number of amendments and all the experts and specialists praised the realism and its proximity to the current situation in Iraq ".
He stressed that "the country is going through a difficult economic crisis in the provision of financial liquidity pressure, and we hope to be temporary, but we need to process steps and measures to overcome them."
He pointed out that "the large size of the budget compared to the budgets of neighboring countries, which is equivalent to the budget two or three of them, but our commitment to a huge and very large, and our expenses in this budget, we turned to rationalize spending and pressure on public expenditure and investment because of limited revenue."
He Zebari said "we went through tough times of poor financial planning and a lack of economic and financial rational sense, and also exacerbated put terrorism Daash dramatic decline in oil prices by about 60% of what we make in front of a new reality in how to measure things during this year, which would be difficult and we need that cooperation of citizens and the people estimated that despite our duty to provide services to them and at least the basics of them, such as salaries, food, medicine, security and defense. "
The Minister of Finance "at the Council of Ministers and the Finance Ministry's decision to start the staff of self-financing companies paying salaries and we have taken all measures in this regard and to transfer money to the banks. These companies review the banks to provide lists of their members to receive their salaries and here we are talking about 176 company and the majority of which belongs to the Ministry of Industry and Minerals and the number of employees more of 500 000 employees and this commitment by the government. "
He pointed out that "after the issuance of the budget law, we will continue regardless of their salaries and pensions, and this announcement today is a preliminary matter the other, it was a compressor for us, the start of exchange 250 billion dinars to support farmers and Mtzhqat rice, through the Ministry of Trade and consider the priorities and necessities."
He said Zebari, "as he and after the issuance of the budget law required from the Ministry of Finance to issue instructions implementation of the budget for all ministries and agencies and these instructions export them daily, and we are in contact with these agencies to come to the ministry to receive regarding the powers of exchange and how to implement the budget items."
He pointed to "the issuance of the Ministry of Finance for the implementation of the provisions in the budget items concerning the sales tax on Kartat mobilize the mobile phone and import cars and Internet companies and cigarettes and alcoholic beverages FAQ has accomplished on us in this aspect like the Ministry of Finance."
And went on Finance Minister Hoshyar Zebari said, "One of the things that we turned to them is how to maximize the interior and increase the state's resources and required of all state departments attention to levy charges and fees and an emphasis on it because the country needs to provide the maximum amount of revenue from internal sources."
He added that he was "within the Ministry of Finance instructions are compressed expenses all ministries and government bodies and reduction in several areas such as hospitality and wages calls and conferences and deputations and everyone cooperation so."
And the oil agreement between the federal government and the Kurdistan Regional Government and Finance Minister Hoshyar Zebari stressed It belongs to the Kurdish nationalist parties' commitment to the agreement "in spite of the presence of some of the problems in its implementation."
Zebari said "the current budget is built on the light of the agreement between the province and the center's contribution in the province exported 550 000 barrels of fields and the province of Kirkuk and be their revenues within the budget bill and then take the provincial share of 17% of the size of the budget."
"There are some of the problems in the implementation of the agreement between the parties but an ongoing dialogue between the two publicly affirmed their commitment to the agreement and is irreversible, and it must succeed and there are mutual obligations and we expect a recent visit of the delegation from the province to Baghdad for the continuation of dialogue."
Zebari revealed for "transforming Baghdad part of the dues of the province and not the whole amount of 250 billion dinars, and hope that this dialogue will continue, because the benefit of all and hear sometimes voices, prepared from the past, says the existence of discrimination discrimination but do not set ourselves a place to respond to such a vote, because we run and walk matters of state and not to party or region or to the party. "
He stressed that "relations between Erbil and Baghdad is tense at all, a relationship of cooperation and participation in the government has been problematic in the execution occur but the recent agreement steadfast and present ministers Kurds are working with the government to overcome these problems to the presence of reciprocal obligations and the parties adhered to and emphasize that the agreement is fair to collapse as some say ".
He explained that "of these problems that the agreement says that the province exported during the year of at least 550 000 barrels, but not daily, because even the government can not secure the export of 2.7 million barrels per day is calculated on average."
The Minister of Finance, "There is a perception in the region say that we are beginning to export and previously there is no obligation and the province today issued amounts to overseas national oil company sells these exports, which were few in the beginning, but gradually increased and reached 300 000 barrels and 400 000 barrels and even sometimes 600 000 barrels per day Therefore, the existing obligation. "
He added that "as the region also takes on the government not to Kurdistan salaries exchange rate against the disbursement of all employees' salaries in the rest of the provinces, and despite the existence of these problems, but We reaffirm that the existing agreement and the parties did not hold back with him in the budget explicit text of the law that any party breach of the agreement the other party in solution and we assure him that there is no fear in the relationship, or it will collapse. On the contrary there are economic and security cooperation, and there are about 1.6 million Iraqis displaced people living in the region can not be limited to this relationship in one area of agreement. "
And the previous year's budget in 2014, Zebari said "The Ministry of Finance will prepare a financial statement and now await the final accounts of some ministries and agencies, and we will announce to the Iraqi people that there is no something to hide at all and we will show the size of expenditure and income, and practically does not exist last year's budget," he said.
"As the final accounts for 2014, we are working on to make and we therefore there urgency of the claims in this matter," noting that "the surplus funds and rounded been few this year compared to previous years, but this surplus drained with low oil prices and we now have a surplus." .
He reiterated that "the country is going through circumstance Mali difficult to lack of financial resources and advances that were acted including 100 salary is currently stalled due to the loss of liquidity In contrast, the budget law ensures install contracts owners who have three years of service either financial wage earners are subject to the need for ministries to them, but also the number of non- Open Vemoazna specific ministries as well as Srvyatea and of course the current situation requires these things clarified and the duty of the media. "
And news about the extension of the salary payments for each 40 days instead of a month, Finance Minister said that "this issue was misunderstood and say, in principle, we have a crisis in the financial liquidity in the financing and today every effort is toward securing pay salaries on time and this priority for the government and may sometimes be delayed payment of salary, but not cut any day of the employees' work days, but delivery may be delayed and this is in the states, but we have not gotten to this stage. "
He stressed that "there is a liquidity crisis for the work to compress expenses and look for indirect taxes and either interpret the Bankruptcy Everyone has a vision of his own expression, but Iraq has the potential and capabilities of the non-collapsed economically in contrast, do not live in a financial Bahbubh situation changed because of terrorism and defense spending and the drop in oil prices and reversed This situation on the value of the dinar and oppose any attempt to manipulate the reserves of the Central Bank and we are with the independence of the Bank and the assets which are to protect our currency and the rate of the dinar, but oscillations occur days affected by the political and economic situation. "
And between Zebari said that "the size of central bank reserves, according to the appreciation is a $ 68 billion was more but dropped because of armament and external import expenses, but this ratio remains reasonable and mission of this cash reserve is to support the Iraqi dinar and the preservation of its value and the fight against inflation, one of the guarantees of the national economy, the presence of deposits safe so The country is not economically finished. "
And its financial savings from staff explained the financial minister said that "national savings does not include all the staff and salaries, but certain allocations of certain categories for each of the allocations has a salary of more than 500 000 dinars, not ordinary employees and poor classes."
He continued, "We also set aside funds for the displaced about 500 trillion dinars to set up a fund to support displaced people and ask the international community to also support them."
He argued that "the fiscal deficit, which Chksnah in the budget, which is planned and not actually, an estimated 25 trillion dinars and try financed through domestic borrowing, but in the future we do not know how much will be, and a few days ago we had a meeting with the governor of the central bank and bank managers and Chairman of the Finance Committee and members of the Committee and officials government discussed this issue and that any rise in oil prices above the rate at which we set out in the budget, amounting to $ 56 a barrel will reflect positively on and want us. "
Detection and Finance Minister Hoshyar Zebari, "the presence of foreign currency smuggling from Iraq to abroad reflect negatively on the country's economy and the monetary bloc Ntnaqlha and when we can to try to keep this currency is something important."
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26/02/2015
Conscious / Baghdad / FS
Finance Minister Hoshiyar Zebari said on Thursday that "there is action. We have seen the results which we can Abbou the current financial crisis in the country," adding "Baghdad and Erbil's commitment to the oil agreement between the two, which is still holding."
Zebari said during a press conference held at the ministry in Baghdad attended by the reporter (and the Iraqi News Agency Information / INA ) that "there are procedures and put the financial crisis, and during the first two months of this year (January and February) we want to see results already begun, and through that we can cross the crisis. "
"The adoption of the budget of the parliament and the endorsement of the presidency, and published in the Gazette facts came after strenuous efforts and is one of the achievements of the government, and in appreciation, the budget was the reality of a practical and realistic and we had a number of amendments and all the experts and specialists praised the realism and its proximity to the current situation in Iraq ".
He stressed that "the country is going through a difficult economic crisis in the provision of financial liquidity pressure, and we hope to be temporary, but we need to process steps and measures to overcome them."
He pointed out that "the large size of the budget compared to the budgets of neighboring countries, which is equivalent to the budget two or three of them, but our commitment to a huge and very large, and our expenses in this budget, we turned to rationalize spending and pressure on public expenditure and investment because of limited revenue."
He Zebari said "we went through tough times of poor financial planning and a lack of economic and financial rational sense, and also exacerbated put terrorism Daash dramatic decline in oil prices by about 60% of what we make in front of a new reality in how to measure things during this year, which would be difficult and we need that cooperation of citizens and the people estimated that despite our duty to provide services to them and at least the basics of them, such as salaries, food, medicine, security and defense. "
The Minister of Finance "at the Council of Ministers and the Finance Ministry's decision to start the staff of self-financing companies paying salaries and we have taken all measures in this regard and to transfer money to the banks. These companies review the banks to provide lists of their members to receive their salaries and here we are talking about 176 company and the majority of which belongs to the Ministry of Industry and Minerals and the number of employees more of 500 000 employees and this commitment by the government. "
He pointed out that "after the issuance of the budget law, we will continue regardless of their salaries and pensions, and this announcement today is a preliminary matter the other, it was a compressor for us, the start of exchange 250 billion dinars to support farmers and Mtzhqat rice, through the Ministry of Trade and consider the priorities and necessities."
He said Zebari, "as he and after the issuance of the budget law required from the Ministry of Finance to issue instructions implementation of the budget for all ministries and agencies and these instructions export them daily, and we are in contact with these agencies to come to the ministry to receive regarding the powers of exchange and how to implement the budget items."
He pointed to "the issuance of the Ministry of Finance for the implementation of the provisions in the budget items concerning the sales tax on Kartat mobilize the mobile phone and import cars and Internet companies and cigarettes and alcoholic beverages FAQ has accomplished on us in this aspect like the Ministry of Finance."
And went on Finance Minister Hoshyar Zebari said, "One of the things that we turned to them is how to maximize the interior and increase the state's resources and required of all state departments attention to levy charges and fees and an emphasis on it because the country needs to provide the maximum amount of revenue from internal sources."
He added that he was "within the Ministry of Finance instructions are compressed expenses all ministries and government bodies and reduction in several areas such as hospitality and wages calls and conferences and deputations and everyone cooperation so."
And the oil agreement between the federal government and the Kurdistan Regional Government and Finance Minister Hoshyar Zebari stressed It belongs to the Kurdish nationalist parties' commitment to the agreement "in spite of the presence of some of the problems in its implementation."
Zebari said "the current budget is built on the light of the agreement between the province and the center's contribution in the province exported 550 000 barrels of fields and the province of Kirkuk and be their revenues within the budget bill and then take the provincial share of 17% of the size of the budget."
"There are some of the problems in the implementation of the agreement between the parties but an ongoing dialogue between the two publicly affirmed their commitment to the agreement and is irreversible, and it must succeed and there are mutual obligations and we expect a recent visit of the delegation from the province to Baghdad for the continuation of dialogue."
Zebari revealed for "transforming Baghdad part of the dues of the province and not the whole amount of 250 billion dinars, and hope that this dialogue will continue, because the benefit of all and hear sometimes voices, prepared from the past, says the existence of discrimination discrimination but do not set ourselves a place to respond to such a vote, because we run and walk matters of state and not to party or region or to the party. "
He stressed that "relations between Erbil and Baghdad is tense at all, a relationship of cooperation and participation in the government has been problematic in the execution occur but the recent agreement steadfast and present ministers Kurds are working with the government to overcome these problems to the presence of reciprocal obligations and the parties adhered to and emphasize that the agreement is fair to collapse as some say ".
He explained that "of these problems that the agreement says that the province exported during the year of at least 550 000 barrels, but not daily, because even the government can not secure the export of 2.7 million barrels per day is calculated on average."
The Minister of Finance, "There is a perception in the region say that we are beginning to export and previously there is no obligation and the province today issued amounts to overseas national oil company sells these exports, which were few in the beginning, but gradually increased and reached 300 000 barrels and 400 000 barrels and even sometimes 600 000 barrels per day Therefore, the existing obligation. "
He added that "as the region also takes on the government not to Kurdistan salaries exchange rate against the disbursement of all employees' salaries in the rest of the provinces, and despite the existence of these problems, but We reaffirm that the existing agreement and the parties did not hold back with him in the budget explicit text of the law that any party breach of the agreement the other party in solution and we assure him that there is no fear in the relationship, or it will collapse. On the contrary there are economic and security cooperation, and there are about 1.6 million Iraqis displaced people living in the region can not be limited to this relationship in one area of agreement. "
And the previous year's budget in 2014, Zebari said "The Ministry of Finance will prepare a financial statement and now await the final accounts of some ministries and agencies, and we will announce to the Iraqi people that there is no something to hide at all and we will show the size of expenditure and income, and practically does not exist last year's budget," he said.
"As the final accounts for 2014, we are working on to make and we therefore there urgency of the claims in this matter," noting that "the surplus funds and rounded been few this year compared to previous years, but this surplus drained with low oil prices and we now have a surplus." .
He reiterated that "the country is going through circumstance Mali difficult to lack of financial resources and advances that were acted including 100 salary is currently stalled due to the loss of liquidity In contrast, the budget law ensures install contracts owners who have three years of service either financial wage earners are subject to the need for ministries to them, but also the number of non- Open Vemoazna specific ministries as well as Srvyatea and of course the current situation requires these things clarified and the duty of the media. "
And news about the extension of the salary payments for each 40 days instead of a month, Finance Minister said that "this issue was misunderstood and say, in principle, we have a crisis in the financial liquidity in the financing and today every effort is toward securing pay salaries on time and this priority for the government and may sometimes be delayed payment of salary, but not cut any day of the employees' work days, but delivery may be delayed and this is in the states, but we have not gotten to this stage. "
He stressed that "there is a liquidity crisis for the work to compress expenses and look for indirect taxes and either interpret the Bankruptcy Everyone has a vision of his own expression, but Iraq has the potential and capabilities of the non-collapsed economically in contrast, do not live in a financial Bahbubh situation changed because of terrorism and defense spending and the drop in oil prices and reversed This situation on the value of the dinar and oppose any attempt to manipulate the reserves of the Central Bank and we are with the independence of the Bank and the assets which are to protect our currency and the rate of the dinar, but oscillations occur days affected by the political and economic situation. "
And between Zebari said that "the size of central bank reserves, according to the appreciation is a $ 68 billion was more but dropped because of armament and external import expenses, but this ratio remains reasonable and mission of this cash reserve is to support the Iraqi dinar and the preservation of its value and the fight against inflation, one of the guarantees of the national economy, the presence of deposits safe so The country is not economically finished. "
And its financial savings from staff explained the financial minister said that "national savings does not include all the staff and salaries, but certain allocations of certain categories for each of the allocations has a salary of more than 500 000 dinars, not ordinary employees and poor classes."
He continued, "We also set aside funds for the displaced about 500 trillion dinars to set up a fund to support displaced people and ask the international community to also support them."
He argued that "the fiscal deficit, which Chksnah in the budget, which is planned and not actually, an estimated 25 trillion dinars and try financed through domestic borrowing, but in the future we do not know how much will be, and a few days ago we had a meeting with the governor of the central bank and bank managers and Chairman of the Finance Committee and members of the Committee and officials government discussed this issue and that any rise in oil prices above the rate at which we set out in the budget, amounting to $ 56 a barrel will reflect positively on and want us. "
Detection and Finance Minister Hoshyar Zebari, "the presence of foreign currency smuggling from Iraq to abroad reflect negatively on the country's economy and the monetary bloc Ntnaqlha and when we can to try to keep this currency is something important."
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