K, BS 03.22.2015
Long-Presse / Baghdad
Stressed adviser to Iraqi Prime Minister, on Sunday, that the statement of the International Monetary Fund on the economic situation in Iraq, expressing "his point of view" that respects the government, while the detection of consultations with international oil companies to find a way "does not hurt Iraq much," counting the The report is important for Iraq being included notices and solutions and the possibility of getting a loan on the way.
He said the appearance of Mohammed Saleh, an economic advisor to the prime minister, Haider al-Abadi, said in an interview to the (long-Presse), "The statement of the International Monetary Fund on the economic situation in Iraq, came after several meetings between him and Iraqi officials," adding that "the meetings were in accordance with Article IV of the IMF agreement, which states he evaluates the economic situation of the countries belonging to him. "
Saleh added that "the Fund for the Iraqi economy calendar came within the current financial crunch faced by the country as a result of the decline in world oil prices," recognizing that "the fiscal deficit in the current 2015 budget, compared to the budgets of big countries in the world, estimated at three percent."
Counsel explained that "the point at which the effects of the International Monetary Fund in its statement speak for payments outside the budget Kaadz estimates, amounting to 12 percent," noting that "the Iraqi government is working to extinguish those payments or postpone paid or obese additional funding."
And saw the benefit, that "the IMF said those payments deficit financially, plus have not been accounted for in the current 2015 budget," returned that "the position of the Fund expresses his point of view, which is banned by the government, but they do not express their view."
According to Counsel, that "the ministries of oil and financial consulting with international oil companies to find a way not to hurt Iraq much in this regard," he "is ready IMF lending to Iraq to maintain international financial stability as part of his job to one of its founders."
Saleh said, "The statement Fund for Iraq especially important to ensure that notices and solutions and the possibility of getting a loan on the way," he continued, "The government will inform the Fund's statement in detail and deal with him."
The International Monetary Fund predicted on Friday (the twentieth of March current 2015), the proportion of the deficit in the budget for Iraq in the current 2015 rose, much higher than the 12 percent announced by the government, due to lower global oil prices, and the weakness of the possibility of Iraq's commitment to export 3.3 million barrels per day, and assume that the budget proposal for the implementation of the reform measures strict include austere in investment projects, and a commitment to reducing expenses, and reconsider the limits for sales of the Central Bank of currency, referring to the overall growth contraction, and the prospect of rising inflation slightly the end of this year.
The Iraqi Council of Representatives, passed in (the 29th of January 2015), the financial budget bill for the current year 2015, of which 119 trillion Iraqi dinars, and a deficit of 25 trillion dinars.
It is noteworthy that world oil prices have lost nearly 60 percent of its value, during the last term to drop to below $ 50, before recently re recovery.
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