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Economic propose raising the oil revenues to reduce the budget deficit gap
08.25.2015
He favored economic expert contrary goldsmith, Tuesday, the drop in oil prices to a level of $ 30 in the coming period, with the Oil Ministry demanded the lifting of its oil revenues to reduce the budget deficit gap.
He said the goldsmith's / scales News / "The approval of lending from the central bank in the amount of five trillion dinars installed in the general budget for the shrinking deficit is launching six trillion dinars for the purpose of operating the banks and to support the revitalization of the economic reality," noting that "there is a loan from the government bonds that Iraq got the on the classification of the international bodies to be those of the admissibility of global bonds. "
The crisis cell was held on Monday its sixth meeting under the chairmanship of Prime Minister Haider al-Abadi ,, approved lending program which is funded by the Central Bank of Iraq $ 5 trillion dinars, as instructed Abadi direct immediately necessary so as to provide real opportunities to activate and reduce the unemployment rate of the private sector actions.
He said the goldsmith "If oil prices continue to decline, which is expected to be lower than the event and up to the level of the thirties will affect heavily on Iraq's financial capabilities," asserting that "there are requirements for the reality of the security and military to confront terrorism and the provision of supplies to families displaced this requires Expenses for the provision of the minimum requirements for these families as well as wages and salaries in the state institution where there are four million workers and this is a big commitments in case oil prices fell to the lowest of the current level will be a response to the financial returns to Iraq is positive towards these requirements. "
He called the jeweler "The oil ministry based on the positive development in the increase in exports may reduce the negative impact of lower oil prices because if levels continued, as happened in June and July last couple of higher oil revenues this will lead to reducing the budget deficit gap," stressing that "the deficit is still It exists in spite of all the measures provided by the government and the Ministry of Oil, and they take more positive measures to cope with the situation through which the country. "ended 29 quarters e
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08.25.2015
He favored economic expert contrary goldsmith, Tuesday, the drop in oil prices to a level of $ 30 in the coming period, with the Oil Ministry demanded the lifting of its oil revenues to reduce the budget deficit gap.
He said the goldsmith's / scales News / "The approval of lending from the central bank in the amount of five trillion dinars installed in the general budget for the shrinking deficit is launching six trillion dinars for the purpose of operating the banks and to support the revitalization of the economic reality," noting that "there is a loan from the government bonds that Iraq got the on the classification of the international bodies to be those of the admissibility of global bonds. "
The crisis cell was held on Monday its sixth meeting under the chairmanship of Prime Minister Haider al-Abadi ,, approved lending program which is funded by the Central Bank of Iraq $ 5 trillion dinars, as instructed Abadi direct immediately necessary so as to provide real opportunities to activate and reduce the unemployment rate of the private sector actions.
He said the goldsmith "If oil prices continue to decline, which is expected to be lower than the event and up to the level of the thirties will affect heavily on Iraq's financial capabilities," asserting that "there are requirements for the reality of the security and military to confront terrorism and the provision of supplies to families displaced this requires Expenses for the provision of the minimum requirements for these families as well as wages and salaries in the state institution where there are four million workers and this is a big commitments in case oil prices fell to the lowest of the current level will be a response to the financial returns to Iraq is positive towards these requirements. "
He called the jeweler "The oil ministry based on the positive development in the increase in exports may reduce the negative impact of lower oil prices because if levels continued, as happened in June and July last couple of higher oil revenues this will lead to reducing the budget deficit gap," stressing that "the deficit is still It exists in spite of all the measures provided by the government and the Ministry of Oil, and they take more positive measures to cope with the situation through which the country. "ended 29 quarters e
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