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Economic center exclude achieve financial revenues to end the case of austerity in the country
Thursday, 21 May 2015
BAGHDAD
Ruled Economic Media Center, Thursday, achieve financial revenues to end the austerity plan adopted at the federal government, while noting that if achieved will be implemented deferred paragraphs of the general budget.
The head of the center lion Muhammad Ali's "Sky Press," that "the country in a state of austerity more than expected, due to the lack of the required revenue, so the additional revenues means the implementation of the deferred paragraphs of the budget, as well as security forces, benefits and the crowd and folk orders weapon urgent that you need the armed forces. "
"It is unlikely to achieve financial returns terminate the existing state of the austerity budget, which has damaged a lot of investment, especially in the energy sector, which occupies the second priority after security and defense."
Iraq and many countries in the world is witnessing an economic crisis, as a result of falling oil prices, the global stock market, below $ 48 per barrel, after it was $ 110.
Iraq relies, by 85%, on oil as well as Iran and Russia Almtdharran biggest with Iraq in lower prices, as a result, the Iraqi government was forced to announce, an austerity operations, generally in the country in an attempt to fill the budget deficit, as well as the government announced Iraq, reducing the salaries of cabinet 50%.
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Thursday, 21 May 2015
BAGHDAD
Ruled Economic Media Center, Thursday, achieve financial revenues to end the austerity plan adopted at the federal government, while noting that if achieved will be implemented deferred paragraphs of the general budget.
The head of the center lion Muhammad Ali's "Sky Press," that "the country in a state of austerity more than expected, due to the lack of the required revenue, so the additional revenues means the implementation of the deferred paragraphs of the budget, as well as security forces, benefits and the crowd and folk orders weapon urgent that you need the armed forces. "
"It is unlikely to achieve financial returns terminate the existing state of the austerity budget, which has damaged a lot of investment, especially in the energy sector, which occupies the second priority after security and defense."
Iraq and many countries in the world is witnessing an economic crisis, as a result of falling oil prices, the global stock market, below $ 48 per barrel, after it was $ 110.
Iraq relies, by 85%, on oil as well as Iran and Russia Almtdharran biggest with Iraq in lower prices, as a result, the Iraqi government was forced to announce, an austerity operations, generally in the country in an attempt to fill the budget deficit, as well as the government announced Iraq, reducing the salaries of cabinet 50%.
[You must be registered and logged in to see this link.]
