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Ahmad Chalabi warns of operations corruption and money laundering in Iraq
2015 Friday July 31
Chairman of the parliamentary finance committee, Ahmed Chalabi
BAGHDAD Najla al-Tai
The chairman of the parliamentary finance committee, Ahmed Chalabi, Iraq for the loss of nearly $ 360 billion, due to corruption and money laundering operations since 2003, while allocations referred to the worsening state officials that ratio up to 300%, and the salaries cost the state a lot.
The Chalabi in an interview with "Arabs Today" that the budget 2015 did not address the financial crisis which is going through Iraq, noting that the problem lies in salaries charged by senior officials, which amounted to more than twice the salary nominal, adding that the financial crisis that has plagued Iraq caused by corruption Great rampant in state institutions, money laundering and smuggling abroad, pointing to the low financial management in resolving the crisis that has spread in all the joints of Iraq.
He explained that the financial crisis worsened significantly; because of the low price of oil to 60%, in what constitutes 90% of the Iraqi state income, pointing to a lack of export oil because of the lack of government control over the pipeline from Kirkuk after the control of extremist organizations boiled; for not a few in the northern areas, which led to a decline in the production of Iraq for not less than 20%.
He highlighted that Iraq is in all his joints was spent imports without thinking in the closet capital position, in the form of a savings fund or something like that, even though Iraq had enjoyed a large fiscal surplus during the past five years, noting that the country is in ruins and some devastating provinces the full and need to reconstruction, highlighting Iraq spending nearly 50 trillion dinars to fight extremist organizations, security and defense and the purchase of weapons.
He said Chalabi, that Iraq was in a relaxed state and everyone was believed that oil prices will continue to rise, money flows and spending was almost no expense, in 2014 there were no budget and spending constant, and ruled out the salaries of state employees reduction, explaining the need to develop trails and walk in directions include a path to combat without the expense of spending, and to find a solution to the problems of employees and workers self-financing.
He pointed to the need to address the situation and stop the leak of the dollar, and establish a mechanism for the work of private banks and government alike, directed to the need to stop the general collapse in spending presidencies adults and staff and reduce protections for them, and said that the biggest paragraph in the budget; salaries and allowances and retirement, amounting to 51 trillion dinars, Nominal salaries and allowances 11 29 trillion dinars, more than two and a half.
He acknowledged that "Iraq needs $ 118 million per day," We need to nearly three million barrels per day; to pay salaries only, and is priced at $ 40 a barrel, "he continued that the total income to Iraq of revenue since the beginning of the current year and up to now has 23 trillion dinars, warning that the employees' salaries amounting to 21 trillion dinars, which forced the government to internal and external borrowing.
It is noteworthy that, Iraq borrowed last June 0.833 million dollars from the International Monetary Fund, and the European Union to Iraq provided financial grant of 27 million euros, on the other hand, the central bank announced last week its intention to put up bonds for the Ministry of money worth two billion dollars , based on the decision of the crisis cell headed by Prime Minister Haider al-Abadi, issued on 15 July, Judge; start issuing money orders closet during the remainder of this year, months, and the launch of a national bonds to the public in accordance with the state guarantees and benefits of appropriate, to strengthen the financial position and activating the economy and development movement in the country .
It is noteworthy that, the House of Representatives of the Iraqi vote in the January 29 general budget of the country for the current year 2015 and $ 115 billion, and the deficit of $ 22 billion, and adopted the $ 56 per barrel of oil, and set aside $ 26 billion for security and defense
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2015 Friday July 31
Chairman of the parliamentary finance committee, Ahmed Chalabi
BAGHDAD Najla al-Tai
The chairman of the parliamentary finance committee, Ahmed Chalabi, Iraq for the loss of nearly $ 360 billion, due to corruption and money laundering operations since 2003, while allocations referred to the worsening state officials that ratio up to 300%, and the salaries cost the state a lot.
The Chalabi in an interview with "Arabs Today" that the budget 2015 did not address the financial crisis which is going through Iraq, noting that the problem lies in salaries charged by senior officials, which amounted to more than twice the salary nominal, adding that the financial crisis that has plagued Iraq caused by corruption Great rampant in state institutions, money laundering and smuggling abroad, pointing to the low financial management in resolving the crisis that has spread in all the joints of Iraq.
He explained that the financial crisis worsened significantly; because of the low price of oil to 60%, in what constitutes 90% of the Iraqi state income, pointing to a lack of export oil because of the lack of government control over the pipeline from Kirkuk after the control of extremist organizations boiled; for not a few in the northern areas, which led to a decline in the production of Iraq for not less than 20%.
He highlighted that Iraq is in all his joints was spent imports without thinking in the closet capital position, in the form of a savings fund or something like that, even though Iraq had enjoyed a large fiscal surplus during the past five years, noting that the country is in ruins and some devastating provinces the full and need to reconstruction, highlighting Iraq spending nearly 50 trillion dinars to fight extremist organizations, security and defense and the purchase of weapons.
He said Chalabi, that Iraq was in a relaxed state and everyone was believed that oil prices will continue to rise, money flows and spending was almost no expense, in 2014 there were no budget and spending constant, and ruled out the salaries of state employees reduction, explaining the need to develop trails and walk in directions include a path to combat without the expense of spending, and to find a solution to the problems of employees and workers self-financing.
He pointed to the need to address the situation and stop the leak of the dollar, and establish a mechanism for the work of private banks and government alike, directed to the need to stop the general collapse in spending presidencies adults and staff and reduce protections for them, and said that the biggest paragraph in the budget; salaries and allowances and retirement, amounting to 51 trillion dinars, Nominal salaries and allowances 11 29 trillion dinars, more than two and a half.
He acknowledged that "Iraq needs $ 118 million per day," We need to nearly three million barrels per day; to pay salaries only, and is priced at $ 40 a barrel, "he continued that the total income to Iraq of revenue since the beginning of the current year and up to now has 23 trillion dinars, warning that the employees' salaries amounting to 21 trillion dinars, which forced the government to internal and external borrowing.
It is noteworthy that, Iraq borrowed last June 0.833 million dollars from the International Monetary Fund, and the European Union to Iraq provided financial grant of 27 million euros, on the other hand, the central bank announced last week its intention to put up bonds for the Ministry of money worth two billion dollars , based on the decision of the crisis cell headed by Prime Minister Haider al-Abadi, issued on 15 July, Judge; start issuing money orders closet during the remainder of this year, months, and the launch of a national bonds to the public in accordance with the state guarantees and benefits of appropriate, to strengthen the financial position and activating the economy and development movement in the country .
It is noteworthy that, the House of Representatives of the Iraqi vote in the January 29 general budget of the country for the current year 2015 and $ 115 billion, and the deficit of $ 22 billion, and adopted the $ 56 per barrel of oil, and set aside $ 26 billion for security and defense
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