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Representative of the religious authority warns of "external borrowing" and criticizing the weakness of anti-corruption measures
July 17, 2015
Representative of the religious authority warns of "external borrowing" and criticizing the weakness of anti-corruption measures
Student representative of the religious authority in Karbala, Ahmed Safi, Friday, government agencies to make greater efforts in supporting and assigning fighters in combat zones against "terrorism", as warned of "borrowing from abroad Project" before exhausting all solutions at home, criticized the weakness of the government measures in combating financial and administrative corruption in government institutions ..
The net, during Friday prayers in Hadra Husseinia and attended (range Press), "The positions that Aagafha fighters the army and security services and the Peshmerga popular crowd and the sons of the tribes in the face of terrorism and the defense of Iraq and his sons, is the largest of all the words of thanks and praise," he said, adding that "Those fighters are still offering the efforts and sacrifices despite the difficult environmental conditions and the lack of possibilities in some areas of fighting."
He called net, government agencies to "make every effort to support and Asnadhm," asserting that "the financial and economic conditions experienced by the country makes it imperative for the government and parliament take appropriate measures to overcome both measures for the remainder of this year for the period or for next year."
He warned net, of "financial borrowing from abroad as a process may not be best suited to deal with the crisis situation in the country" option, calling for "responsible and think carefully about exhausted all options before foot inside it."
Net and stressed the need to, that "the budget of the country for next year are placed according to the vision clear and commensurate with its financial resources, and reduce unnecessary expenses to the minimum and attention to security, health and educational aspects", criticizing the "sufficiency officials in some formal steps and not to fight against financial and administrative corruption in the institutions government. "
He said the representative of the religious authority, said that "everyone is still waiting for the government, parliament and the Integrity Commission and other procedures and effective steps to address this problem as hindering the progress of construction and operation."
The World Bank in (July 9, 2015) approved, a new project for Iraq aimed at the reconstruction and rehabilitation of infrastructure destroyed by conflict in the country and restoration of services in the government-controlled areas, and among the assistance program of $ 350 million, confirmed that the program is part of a larger program will be implemented over five years in the provinces of Salahuddin and Diyala.
The Kurdistan Alliance counting, in (July 2, 2015), the terms of the World Bank in exchange for lending to Iraq "weights" to the shoulders of the Iraqi citizen, as he emphasized that the solution to the problems with the Arbil "will provide greater amounts of loan money."
The Finance Minister Hoshyar Zebari search, in (the first of July 2015), with the Director of the Iraq Programme and the World Bank team line and programs of the bank to provide a loan for Iraq, and with the ministry showed, that the loan would be worth more than a billion dollars allocated part of it for the reconstruction of the liberated areas of (Daash), confirmed that the government will take remedial action to avoid wastage and the rationalization of expenditure.
The Parliamentary Finance Committee confirmed, in the April 30, 2015, they are passed to the government borrowing to fill the budget deficit and meet the necessary requirements under the state of war with "terrorism", and as pointed out that Iraq will receive a value of three billion and 400 million dollars of IMF loans and the World Bank, revealed a tendency to privatize the stalled viewing of Astosmar.okan World Bank government projects revealed, in the April 29, 2015, about his quest finance development projects in the areas restored Iraqi forces from militants (Daash), it returned to economic growth as an important part of the solution to political problems which "plagued the region."
The estimated funding sources in Article III of the budget bill for 2015 of $ 6,168,040,000 dinars, this amount is used to cover the budget deficit and repay domestic and foreign loans and domestic debt amortization payments, and amortization of Eurobonds, and extinguish religion's central bank bonds.
Iraq complain of weak financial revenues due to declining oil prices and increased expenses, which the military side came on her head, which made the government resort to austerity as one of the solutions adopted to cope with the economic situation of the country which.
The International Monetary Fund forecast, in 03/21/2015, the high proportion of the budget deficit in 2015 to more than 12% rate announced by the government, to "significantly higher levels", because of lower oil prices and the weakness of the possibility of Iraq's commitment to export 3.3 million barrels per day, also assume the budget, it proposed the implementation of reform measures include strict austerity in investment projects, and a commitment to reducing expenses, and the revision of the maximum limits of central bank sales of the currency, referring to the overall growth contraction, and the prospect of rising inflation slightly the end of this year.
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July 17, 2015
Representative of the religious authority warns of "external borrowing" and criticizing the weakness of anti-corruption measures
Student representative of the religious authority in Karbala, Ahmed Safi, Friday, government agencies to make greater efforts in supporting and assigning fighters in combat zones against "terrorism", as warned of "borrowing from abroad Project" before exhausting all solutions at home, criticized the weakness of the government measures in combating financial and administrative corruption in government institutions ..
The net, during Friday prayers in Hadra Husseinia and attended (range Press), "The positions that Aagafha fighters the army and security services and the Peshmerga popular crowd and the sons of the tribes in the face of terrorism and the defense of Iraq and his sons, is the largest of all the words of thanks and praise," he said, adding that "Those fighters are still offering the efforts and sacrifices despite the difficult environmental conditions and the lack of possibilities in some areas of fighting."
He called net, government agencies to "make every effort to support and Asnadhm," asserting that "the financial and economic conditions experienced by the country makes it imperative for the government and parliament take appropriate measures to overcome both measures for the remainder of this year for the period or for next year."
He warned net, of "financial borrowing from abroad as a process may not be best suited to deal with the crisis situation in the country" option, calling for "responsible and think carefully about exhausted all options before foot inside it."
Net and stressed the need to, that "the budget of the country for next year are placed according to the vision clear and commensurate with its financial resources, and reduce unnecessary expenses to the minimum and attention to security, health and educational aspects", criticizing the "sufficiency officials in some formal steps and not to fight against financial and administrative corruption in the institutions government. "
He said the representative of the religious authority, said that "everyone is still waiting for the government, parliament and the Integrity Commission and other procedures and effective steps to address this problem as hindering the progress of construction and operation."
The World Bank in (July 9, 2015) approved, a new project for Iraq aimed at the reconstruction and rehabilitation of infrastructure destroyed by conflict in the country and restoration of services in the government-controlled areas, and among the assistance program of $ 350 million, confirmed that the program is part of a larger program will be implemented over five years in the provinces of Salahuddin and Diyala.
The Kurdistan Alliance counting, in (July 2, 2015), the terms of the World Bank in exchange for lending to Iraq "weights" to the shoulders of the Iraqi citizen, as he emphasized that the solution to the problems with the Arbil "will provide greater amounts of loan money."
The Finance Minister Hoshyar Zebari search, in (the first of July 2015), with the Director of the Iraq Programme and the World Bank team line and programs of the bank to provide a loan for Iraq, and with the ministry showed, that the loan would be worth more than a billion dollars allocated part of it for the reconstruction of the liberated areas of (Daash), confirmed that the government will take remedial action to avoid wastage and the rationalization of expenditure.
The Parliamentary Finance Committee confirmed, in the April 30, 2015, they are passed to the government borrowing to fill the budget deficit and meet the necessary requirements under the state of war with "terrorism", and as pointed out that Iraq will receive a value of three billion and 400 million dollars of IMF loans and the World Bank, revealed a tendency to privatize the stalled viewing of Astosmar.okan World Bank government projects revealed, in the April 29, 2015, about his quest finance development projects in the areas restored Iraqi forces from militants (Daash), it returned to economic growth as an important part of the solution to political problems which "plagued the region."
The estimated funding sources in Article III of the budget bill for 2015 of $ 6,168,040,000 dinars, this amount is used to cover the budget deficit and repay domestic and foreign loans and domestic debt amortization payments, and amortization of Eurobonds, and extinguish religion's central bank bonds.
Iraq complain of weak financial revenues due to declining oil prices and increased expenses, which the military side came on her head, which made the government resort to austerity as one of the solutions adopted to cope with the economic situation of the country which.
The International Monetary Fund forecast, in 03/21/2015, the high proportion of the budget deficit in 2015 to more than 12% rate announced by the government, to "significantly higher levels", because of lower oil prices and the weakness of the possibility of Iraq's commitment to export 3.3 million barrels per day, also assume the budget, it proposed the implementation of reform measures include strict austerity in investment projects, and a commitment to reducing expenses, and the revision of the maximum limits of central bank sales of the currency, referring to the overall growth contraction, and the prospect of rising inflation slightly the end of this year.
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