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Economists and money they notch Iraqi "quagmire" spending they propose amending the salaries and the temptation to retire
Sunday 23-08-2015
Twilight news/search experts in the field of economy and finance payroll system in Iraq as a dilemma of dilemmas of overall situation in the country in the economic and financial aspects, social conditions in the situation escalated after recently striking manner with a view to a comprehensive change of everything related to the political system to indicate a crisis not resolved only through genuine solutions to the problems the Foundation in the current system.
Member of Parliament, said Mehdi Al-Hafez during a seminar held by the Institute for development policy progress that after we have seen great events and notable religious reference positions must affirm that Iraq cannot remain underdeveloped but must step forward concerning people's lives and provide services and end corruption, pointing out that all this we seriously stop to find a reasonable solution to the current crisis, imposed due to the Prime Minister to declare a State of emergency in the country and forming an emergency Government of specialists and professionals On the basis of loyalty to the country and away from any sectarian or ethnic obligation and moving away from quotas of all kinds
Al-haafiz said emergency Government handles bemhmam, inter alia, the freezing of the Constitution, which was criticized by many, and prepare for a new constitutional document, depending on the Group of legal experts and politicians within one year. As well as block-House, and prepare for parliamentary elections within three years, the current Board could not submit anything important because subject to consensus, sectarian and ethnic domination
Al-Hafez called for the Prime Minister to continue reforms and expanded in all areas and to combat corruption and waste of public money and providing services to the population. And work to free the country from terrorist activities, daash spreading security and stability in the country, and seek to resolve the dilemma of the displaced and ensure their safe return to their homes. As well as climate protection and guarantees of respect for human rights and individual freedoms and promoting tolerance and cohesion among national groups and walks of life
Hafez stressed that the issue of salaries and wages are among the issues of concern, revealing the Coalition requested in 2004 from the Ministry of planning, creation of a project to determine salaries and we are keen to develop clear points of income distribution were proposed to clearly and explicitly.
He wondered how we would tackle the preserver problem of salaries and wages and is significant because it represents the largest source of looting the country's wealth because of poor salaries, unreasonable salaries in Iraq there are paid a stipend to millions and others receive 150,000 dinars, this issue needs to develop a clear and explicit. Pointing out that the Government has a big challenge to reconsider the financial and monetary foundations or remain constant extravaganzas.
Iraqi Central Bank Governor
Iraqi Central Bank Governor Dr on the relationship between modern conditions are now very favourable to rethink the financial system from Iraq during the preparation of the General State budget, noting that the budget read naked and displayed on the analysis does not give us accurate indicators of the general economic situation in the country is leading to a lot of inaccurate analyses on the topic of expenditure and revenue and even tboiha on the basis of operational and investment expenditure is a inexact tab is a lot of observations that give false impressions and analyses
He said the relationship that when talking about oil as a resource base, we have to go by the figures relating to this resource, that there be a clarification of these resources in terms of costs, when we talk about the amount of resources is 80 or 90, or $ 50 billion we must also mention how net revenue resources, noting that Iraq paid around 3.5 billion dollars a month to the cost of production as the oil revenue does not exceed 4 billion dollars a month, meaning that net income was $ 0.5 billion This leads to more losses borne by the Government, talking about resource production must be at a certain point of production.
He called the relationship and be working on a new system need the separation of civilian and military personnel to help us analyse the data as to the structure of wages and salaries for military and security side differs from civil counterpart and combined in the analysis may give us masharat and inaccurate income data this chapter between the two we shown one third of government employees are the owners of military defence and Interior to associate (1) million and there are also 600,000 employees in Kurdistan and these Cover the salary share of territory derived originally from the General State budget and thus may reach (1.4) million is the sum of employees in ministries and this number is that you must focus on to reach a correct analysis.
He stressed the relationship cannot develop the screenplay for salaries based on the proportion of staff excluded but must put a new philosophy of public service through specific objectives based on sound foundations and standards including the economic feasibility of retirement and how could make them attractive to the employee.
He pointed out that if anlkna of the fact that there are significant government body sagging, we should keep this and processors that employ large numbers of employees to work in income-generating sectors such as customs and tax collections and other fees can operate the armies of people to collect resources for the budget and take advantage of these cadres work.
He called the relationship to find some kind of balance between salaries, but not in a way that makes public service attractive as it gets today, even those who work in the private sector secured with rewarding deny they are working to get a government job and this fact must be taken into account as we prepare the new ladder for salaries based on balance and justice and which swells privileges as you compete with the private sector and lead to more demand for public service.
To the Economist, Dr. Ahmed alabrihi analytical reading of financial realities in Iraq from which to identify mechanisms and standards that can be adopted in a new system of salaries to State employees in a macroeconomic framework for salaries and wages, adding that oil exports since 2003 to 2014 reached 624 billion dollars, denying access to oil revenues as some spoke of a trillion dollars. and that 95 per cent of these (624) billion us and 5 per cent is 592 billion dollars if we exclude expenditures And what is converted to the Kurdistan Regional Government, it is clear that alara Yeh spent (510) billion dollars during this period.
Alabrihi noted the existence of a huge decline for non-oil production base because 99 per cent of exports from Iraq is oil. Corsets that does not increase the Government's annual expenditure rate of 6 per cent to maintain sustainability.
Alabrihi spoke about what he called a quagmire of government spending, such spending increased significantly but always grow faster than salaries government spending as it is very difficult to reduce salaries and growth in government spending faster than revenue growth, gross domestic product (GDP) in Iraq has increased since 1970 to 2014 by about 5 percent and exports rose by 6 per cent and that means deepening oil dependence and these facts cannot be overridden
And between alabrihi the proportion of economically active population of around 26-28 per cent while up to 30 or 35 per cent target was to reach 30 per cent in Iraq for strengthening the productive character under that annual pay is $ 690 monthly 8277 dollars and Iraqi dinar be harmonious economic remuneration with 2014 is 828 thousand dinars, but if we take into account the decline in 2015 should be the average wage is less than this, adding that the salaries Staff amounted to 2015 (38.5) trillion dinars, if we are to ensure social justice and economic framework linked to budget the total salary will be 30 trillion dinars with a minimum $ 400,000 dinars if we take into consideration the number of associates surpasses 3 million employees and this number cannot be manipulated.
The Economist Bassem Jamil Anton presentation which summarized the important issues that must be addressed in the context of the reform process and related financial and economic side. Noting that the budgets of 2003 – 2015 seen grown substantially in resources other than international grants, but that the level of services with high proportion of chronically poverty and unemployment and declining family living situation
Anton drew to the inequality in income distribution, especially between the public and private sectors and this led to a State of imbalance in development construction and pay young people to find jobs in government institutions despite the presence of more than 4 million people working in the private sector, but there are only (150) of those are secured and (29) only paid pension, calling for the need to take these facts into consideration and we are studying a new system of salaries In order to achieve a State of balance between public and private sectors to encourage employment in the private sector and thereby easing pressure on the public sector
Economic expert Behnam Elias Peter economic reality may occur and how to take advantage of its data to a new system of salaries based on social justice and taking into account economic conditions experienced by Iraq. Noting that oil still constitute the main source to balance other activities a modest contribution to the operating budget also accounts for the largest proportion of resources with exclusive investment budget not exceeding 10 per cent of GDP and in excessive investment side as long as the efficiency in the implementation of investment projects is very low.
Peter said that although imports show average annual growth seems simple (3.5) percent but the important point is that this competitive imports himken cover most of local production, noting that workers ' compensation take much added value to the public sector without oil
With regard to the distribution of jobs between Peter we focus occasionally on the production side only that is who runs the economy but in the fact that the distribution is the most important aspect and can steer the production, adding that jobs in one of its aspects draws roadmap for employee since beginning his appointment even forwarded to the retirement and annual bonuses mean a lot. In practice, the employee should it need an annual increase for several reasons is determined by many variables, according to the evolving commitments with age and acquire a degree of prosperity up to the employee at the stages where relinquished those privileges gradually leaving the area for those who come after
Comments and discussions
President of the Federation of Iraqi businessmen willing Reza Ragheb, spoke about the lack of interest by the private sector, where wages and salaries under State laws in this area, calling on the Government to pay attention to this sector to be a real partner with the public sector and thus contribute to providing more job opportunities to relieve the burden on the budget and reduce government spending on the operational side and transfer money to the investment side in order to move the stalled factories and plants and increase the proportion of the contribution of the industrial sector in GDP.
Economist Dr. Abdullah Al Bandar Advisor National Investment Commission showed that the main reason for the situation Iraq is inseparable two significant services and corruption significant presence. Explaining that Iraqis asbshrwa good after 2003 because they will live in freedom and dignity and patience on the political system for more than one election cycle may revise the politicians themselves. But corruption and deterioration of services consistently called for people to go out and protest. .
Bandar said that the literature after the 1960s talk about economic and social development rather than growth in population, output and not what I mean salary employees $ 800,000 dinars is paid million for rent, as well as the rest of the high life. To develop an economic policy that takes into account social aspects and not the physical envelope of cash but take note of the general price level.
Banking expert Samir Al-nasiri said that the levels of salaries is one of the important axes of the reform process, stating that the absence of social justice in the payroll system. Calling the Committee preparing the new payroll system experts and experienced specialists from Government and the private sector in equal proportions and that the decision of the Commission binding legislation.
Nasiri suggested to study the scientific and economic criteria to return to the Iraqi experience of civil service law, which contains a description of the job and good access to the experience of States in the region that gives its employees a rewarding salary guarantee them decent living Economist Dr. Majid mock talked about economic imbalances in the distribution of income and wealth, which resulted in large differences in salary, indicating that the basic problem is the private sector salaries which not is never addressed. Another aspect of the problem is the magnitude of this issue, you must stop then twice
Member of the House of Jamal Al Muhammadawi also indicated that the issue of salaries linked to the budget and this is linked to the Iraqi economy, but so far all the ideas put forward ideas to cope with austerity the current crisis caused by plummeting oil prices. Indicating a problem with the revenue and financing under the current circumstances there is a good chance to review the State budget and make it responsive to the economic balance towards scientific fact.
Economic expert Adnan Chalabi called for a restructuring of certain public sector companies and returned to the private sector to be producers and focusing on production and finance.
Economist Manaf Goldsmith called governmental institutions to embrace the private sector in financial management is measuring things produced in a specific time period. Noting that the new wage peace must take consideration considering the involvement of specialists in the preparation of peace as well as the role of the private sector in the preparation of the new system
With regard to the treatment of sagging career called jeweler to put East atiget to handle it based on activating the private sector events reverse migration of the public sector and thereby reduce the burden on Government
Hamid kifai told Iraqi media that protections for officials who are talking about them as redundant but they are Iraqi citizens, they are necessary under existing security imbalance in Iraq and they need training. Regarding salaries salary presence always indicates low and this is unacceptable and this requires rethinking the economic perspective, with the exception of experiences and competencies of iron for peace salaries by as these experiences that build the country and development of the Iraqi economy
Banking expert Abdul Aziz Hassoun said that all laws promulgated since 2003 including the Constitution applies in properly. Stating that compensation estimated dollar value any commodity in the market but to establish the price of the dollar, suggesting that the distribution of salaries in dollars, not dinars this would reduce consumption by 15 percent.
Banking expert Dr. agent called an inter controls that precede the development of a new law on salaries and other track and identify requirements, hours of work and the level of performance
The Gibraltar of Iraqi banks association between fear and mistrust of the private sector workers who prefer to work in the public sector. Therefore, the development of the private sector and support personnel would encourage work in this sector.
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Sunday 23-08-2015
Twilight news/search experts in the field of economy and finance payroll system in Iraq as a dilemma of dilemmas of overall situation in the country in the economic and financial aspects, social conditions in the situation escalated after recently striking manner with a view to a comprehensive change of everything related to the political system to indicate a crisis not resolved only through genuine solutions to the problems the Foundation in the current system.
Member of Parliament, said Mehdi Al-Hafez during a seminar held by the Institute for development policy progress that after we have seen great events and notable religious reference positions must affirm that Iraq cannot remain underdeveloped but must step forward concerning people's lives and provide services and end corruption, pointing out that all this we seriously stop to find a reasonable solution to the current crisis, imposed due to the Prime Minister to declare a State of emergency in the country and forming an emergency Government of specialists and professionals On the basis of loyalty to the country and away from any sectarian or ethnic obligation and moving away from quotas of all kinds
Al-haafiz said emergency Government handles bemhmam, inter alia, the freezing of the Constitution, which was criticized by many, and prepare for a new constitutional document, depending on the Group of legal experts and politicians within one year. As well as block-House, and prepare for parliamentary elections within three years, the current Board could not submit anything important because subject to consensus, sectarian and ethnic domination
Al-Hafez called for the Prime Minister to continue reforms and expanded in all areas and to combat corruption and waste of public money and providing services to the population. And work to free the country from terrorist activities, daash spreading security and stability in the country, and seek to resolve the dilemma of the displaced and ensure their safe return to their homes. As well as climate protection and guarantees of respect for human rights and individual freedoms and promoting tolerance and cohesion among national groups and walks of life
Hafez stressed that the issue of salaries and wages are among the issues of concern, revealing the Coalition requested in 2004 from the Ministry of planning, creation of a project to determine salaries and we are keen to develop clear points of income distribution were proposed to clearly and explicitly.
He wondered how we would tackle the preserver problem of salaries and wages and is significant because it represents the largest source of looting the country's wealth because of poor salaries, unreasonable salaries in Iraq there are paid a stipend to millions and others receive 150,000 dinars, this issue needs to develop a clear and explicit. Pointing out that the Government has a big challenge to reconsider the financial and monetary foundations or remain constant extravaganzas.
Iraqi Central Bank Governor
Iraqi Central Bank Governor Dr on the relationship between modern conditions are now very favourable to rethink the financial system from Iraq during the preparation of the General State budget, noting that the budget read naked and displayed on the analysis does not give us accurate indicators of the general economic situation in the country is leading to a lot of inaccurate analyses on the topic of expenditure and revenue and even tboiha on the basis of operational and investment expenditure is a inexact tab is a lot of observations that give false impressions and analyses
He said the relationship that when talking about oil as a resource base, we have to go by the figures relating to this resource, that there be a clarification of these resources in terms of costs, when we talk about the amount of resources is 80 or 90, or $ 50 billion we must also mention how net revenue resources, noting that Iraq paid around 3.5 billion dollars a month to the cost of production as the oil revenue does not exceed 4 billion dollars a month, meaning that net income was $ 0.5 billion This leads to more losses borne by the Government, talking about resource production must be at a certain point of production.
He called the relationship and be working on a new system need the separation of civilian and military personnel to help us analyse the data as to the structure of wages and salaries for military and security side differs from civil counterpart and combined in the analysis may give us masharat and inaccurate income data this chapter between the two we shown one third of government employees are the owners of military defence and Interior to associate (1) million and there are also 600,000 employees in Kurdistan and these Cover the salary share of territory derived originally from the General State budget and thus may reach (1.4) million is the sum of employees in ministries and this number is that you must focus on to reach a correct analysis.
He stressed the relationship cannot develop the screenplay for salaries based on the proportion of staff excluded but must put a new philosophy of public service through specific objectives based on sound foundations and standards including the economic feasibility of retirement and how could make them attractive to the employee.
He pointed out that if anlkna of the fact that there are significant government body sagging, we should keep this and processors that employ large numbers of employees to work in income-generating sectors such as customs and tax collections and other fees can operate the armies of people to collect resources for the budget and take advantage of these cadres work.
He called the relationship to find some kind of balance between salaries, but not in a way that makes public service attractive as it gets today, even those who work in the private sector secured with rewarding deny they are working to get a government job and this fact must be taken into account as we prepare the new ladder for salaries based on balance and justice and which swells privileges as you compete with the private sector and lead to more demand for public service.
To the Economist, Dr. Ahmed alabrihi analytical reading of financial realities in Iraq from which to identify mechanisms and standards that can be adopted in a new system of salaries to State employees in a macroeconomic framework for salaries and wages, adding that oil exports since 2003 to 2014 reached 624 billion dollars, denying access to oil revenues as some spoke of a trillion dollars. and that 95 per cent of these (624) billion us and 5 per cent is 592 billion dollars if we exclude expenditures And what is converted to the Kurdistan Regional Government, it is clear that alara Yeh spent (510) billion dollars during this period.
Alabrihi noted the existence of a huge decline for non-oil production base because 99 per cent of exports from Iraq is oil. Corsets that does not increase the Government's annual expenditure rate of 6 per cent to maintain sustainability.
Alabrihi spoke about what he called a quagmire of government spending, such spending increased significantly but always grow faster than salaries government spending as it is very difficult to reduce salaries and growth in government spending faster than revenue growth, gross domestic product (GDP) in Iraq has increased since 1970 to 2014 by about 5 percent and exports rose by 6 per cent and that means deepening oil dependence and these facts cannot be overridden
And between alabrihi the proportion of economically active population of around 26-28 per cent while up to 30 or 35 per cent target was to reach 30 per cent in Iraq for strengthening the productive character under that annual pay is $ 690 monthly 8277 dollars and Iraqi dinar be harmonious economic remuneration with 2014 is 828 thousand dinars, but if we take into account the decline in 2015 should be the average wage is less than this, adding that the salaries Staff amounted to 2015 (38.5) trillion dinars, if we are to ensure social justice and economic framework linked to budget the total salary will be 30 trillion dinars with a minimum $ 400,000 dinars if we take into consideration the number of associates surpasses 3 million employees and this number cannot be manipulated.
The Economist Bassem Jamil Anton presentation which summarized the important issues that must be addressed in the context of the reform process and related financial and economic side. Noting that the budgets of 2003 – 2015 seen grown substantially in resources other than international grants, but that the level of services with high proportion of chronically poverty and unemployment and declining family living situation
Anton drew to the inequality in income distribution, especially between the public and private sectors and this led to a State of imbalance in development construction and pay young people to find jobs in government institutions despite the presence of more than 4 million people working in the private sector, but there are only (150) of those are secured and (29) only paid pension, calling for the need to take these facts into consideration and we are studying a new system of salaries In order to achieve a State of balance between public and private sectors to encourage employment in the private sector and thereby easing pressure on the public sector
Economic expert Behnam Elias Peter economic reality may occur and how to take advantage of its data to a new system of salaries based on social justice and taking into account economic conditions experienced by Iraq. Noting that oil still constitute the main source to balance other activities a modest contribution to the operating budget also accounts for the largest proportion of resources with exclusive investment budget not exceeding 10 per cent of GDP and in excessive investment side as long as the efficiency in the implementation of investment projects is very low.
Peter said that although imports show average annual growth seems simple (3.5) percent but the important point is that this competitive imports himken cover most of local production, noting that workers ' compensation take much added value to the public sector without oil
With regard to the distribution of jobs between Peter we focus occasionally on the production side only that is who runs the economy but in the fact that the distribution is the most important aspect and can steer the production, adding that jobs in one of its aspects draws roadmap for employee since beginning his appointment even forwarded to the retirement and annual bonuses mean a lot. In practice, the employee should it need an annual increase for several reasons is determined by many variables, according to the evolving commitments with age and acquire a degree of prosperity up to the employee at the stages where relinquished those privileges gradually leaving the area for those who come after
Comments and discussions
President of the Federation of Iraqi businessmen willing Reza Ragheb, spoke about the lack of interest by the private sector, where wages and salaries under State laws in this area, calling on the Government to pay attention to this sector to be a real partner with the public sector and thus contribute to providing more job opportunities to relieve the burden on the budget and reduce government spending on the operational side and transfer money to the investment side in order to move the stalled factories and plants and increase the proportion of the contribution of the industrial sector in GDP.
Economist Dr. Abdullah Al Bandar Advisor National Investment Commission showed that the main reason for the situation Iraq is inseparable two significant services and corruption significant presence. Explaining that Iraqis asbshrwa good after 2003 because they will live in freedom and dignity and patience on the political system for more than one election cycle may revise the politicians themselves. But corruption and deterioration of services consistently called for people to go out and protest. .
Bandar said that the literature after the 1960s talk about economic and social development rather than growth in population, output and not what I mean salary employees $ 800,000 dinars is paid million for rent, as well as the rest of the high life. To develop an economic policy that takes into account social aspects and not the physical envelope of cash but take note of the general price level.
Banking expert Samir Al-nasiri said that the levels of salaries is one of the important axes of the reform process, stating that the absence of social justice in the payroll system. Calling the Committee preparing the new payroll system experts and experienced specialists from Government and the private sector in equal proportions and that the decision of the Commission binding legislation.
Nasiri suggested to study the scientific and economic criteria to return to the Iraqi experience of civil service law, which contains a description of the job and good access to the experience of States in the region that gives its employees a rewarding salary guarantee them decent living Economist Dr. Majid mock talked about economic imbalances in the distribution of income and wealth, which resulted in large differences in salary, indicating that the basic problem is the private sector salaries which not is never addressed. Another aspect of the problem is the magnitude of this issue, you must stop then twice
Member of the House of Jamal Al Muhammadawi also indicated that the issue of salaries linked to the budget and this is linked to the Iraqi economy, but so far all the ideas put forward ideas to cope with austerity the current crisis caused by plummeting oil prices. Indicating a problem with the revenue and financing under the current circumstances there is a good chance to review the State budget and make it responsive to the economic balance towards scientific fact.
Economic expert Adnan Chalabi called for a restructuring of certain public sector companies and returned to the private sector to be producers and focusing on production and finance.
Economist Manaf Goldsmith called governmental institutions to embrace the private sector in financial management is measuring things produced in a specific time period. Noting that the new wage peace must take consideration considering the involvement of specialists in the preparation of peace as well as the role of the private sector in the preparation of the new system
With regard to the treatment of sagging career called jeweler to put East atiget to handle it based on activating the private sector events reverse migration of the public sector and thereby reduce the burden on Government
Hamid kifai told Iraqi media that protections for officials who are talking about them as redundant but they are Iraqi citizens, they are necessary under existing security imbalance in Iraq and they need training. Regarding salaries salary presence always indicates low and this is unacceptable and this requires rethinking the economic perspective, with the exception of experiences and competencies of iron for peace salaries by as these experiences that build the country and development of the Iraqi economy
Banking expert Abdul Aziz Hassoun said that all laws promulgated since 2003 including the Constitution applies in properly. Stating that compensation estimated dollar value any commodity in the market but to establish the price of the dollar, suggesting that the distribution of salaries in dollars, not dinars this would reduce consumption by 15 percent.
Banking expert Dr. agent called an inter controls that precede the development of a new law on salaries and other track and identify requirements, hours of work and the level of performance
The Gibraltar of Iraqi banks association between fear and mistrust of the private sector workers who prefer to work in the public sector. Therefore, the development of the private sector and support personnel would encourage work in this sector.
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