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Related News: draft 2016 budget contains positive points by encouraging the private sector and negative points by adopting price
of $ 45 per barrel of oil
09/29/2015 10:20
He specialized in economic affairs haven secretary, said the draft 2016 budget includes many positive points encourage the private sector and its integration with the public sector.
The secretary told the National Iraqi News Agency / nina /: "The draft budget article singled 15 to support the investment sector, while devoted Article 28 to bind the institutions in the federal ministries buying needs of government products.
These two articles illustrate the government's plans to stimulate the national economy and encourage the private sector, as well as to contribute to the restructuring of laboratories and government factories to modernize their production lines.
"Hesaid," The support of the investment sector and the involvement of the private the sector with the continued granting of loans to small and medium-sized enterprises, will contribute to re-productive and healthy sectors of the local economy gradually with the provision of new jobs are reluctant to growing unemployment.
"He noted that" Article 15 include investment in the agricultural and industrial sectors, which have been heavily damaged as a result of the scarcity of water and the control of terrorist gangs on dams and vast areas of agricultural land in Nineveh, Salahuddin and Anbar, as well as the opening up of borders wide open to agricultural and industrial products with the migration of peasants and skilled labor and capital as a result of the security conditions are not stable and the penetration of corruption in the joints of government institutions.
"He stressed that" these materials need to pack of laws and legislation and administrative controls as open the way for a new set of reforms and trapping corruption and the recovery of the national economy and provide new jobs and create new national competitive market supported and supportive of government plans.
"He noted:" The many positive points that Ahtutea draft budget, including Articles 15 and 28 , do not work without attention to international conditions and the vagaries of the oil market for the next year that affect the price of a barrel, as it has been relying on the sale of Iraqi oil average price of $ 45, and it built more than 70% of the budget resources.
"He continued," The Observer of orientations oil market Global next year concludes that Iran will return to the market the amount of 600 000 barrels per day can be increased before the end of the year to one million barrels per day as well as the continuation of the oil spill across mafias "Daash" to the market, along with the development of production methods to cut costs in America and Europe, in addition to decline Economic growth in China, which is the largest importer of energy and other reasons which indicate the low price of a barrel to below $ 45.
"TheSecretary said" According to the data mentioned should not be committed to the committee for preparation of the national budget of error when preparing the budget in 2015, while based on a price $ 56 a barrel and card export 3.3 million barrels per day, despite pointing the experts and international observers then that the price of oil Negotiable landing as well as the production was not up to three million barrels per day ceiling, for security reasons, technical and political.
"He continued economic specialist, said that" the budget year form a good and positive in With the war against Daash and the existence of three million displaced people conditions and stop productive sectors in Nineveh, Anbar, Salah al-Din, only to re-study estimating the price of oil sold need that should be met to achieve agreement on an acceptable price given the circumstances and variables that affect the global energy market, what have put Iraq and economic benefit make the most of the positive articles and paragraphs contained in the draft budget. "
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of $ 45 per barrel of oil
09/29/2015 10:20
He specialized in economic affairs haven secretary, said the draft 2016 budget includes many positive points encourage the private sector and its integration with the public sector.
The secretary told the National Iraqi News Agency / nina /: "The draft budget article singled 15 to support the investment sector, while devoted Article 28 to bind the institutions in the federal ministries buying needs of government products.
These two articles illustrate the government's plans to stimulate the national economy and encourage the private sector, as well as to contribute to the restructuring of laboratories and government factories to modernize their production lines.
"Hesaid," The support of the investment sector and the involvement of the private the sector with the continued granting of loans to small and medium-sized enterprises, will contribute to re-productive and healthy sectors of the local economy gradually with the provision of new jobs are reluctant to growing unemployment.
"He noted that" Article 15 include investment in the agricultural and industrial sectors, which have been heavily damaged as a result of the scarcity of water and the control of terrorist gangs on dams and vast areas of agricultural land in Nineveh, Salahuddin and Anbar, as well as the opening up of borders wide open to agricultural and industrial products with the migration of peasants and skilled labor and capital as a result of the security conditions are not stable and the penetration of corruption in the joints of government institutions.
"He stressed that" these materials need to pack of laws and legislation and administrative controls as open the way for a new set of reforms and trapping corruption and the recovery of the national economy and provide new jobs and create new national competitive market supported and supportive of government plans.
"He noted:" The many positive points that Ahtutea draft budget, including Articles 15 and 28 , do not work without attention to international conditions and the vagaries of the oil market for the next year that affect the price of a barrel, as it has been relying on the sale of Iraqi oil average price of $ 45, and it built more than 70% of the budget resources.
"He continued," The Observer of orientations oil market Global next year concludes that Iran will return to the market the amount of 600 000 barrels per day can be increased before the end of the year to one million barrels per day as well as the continuation of the oil spill across mafias "Daash" to the market, along with the development of production methods to cut costs in America and Europe, in addition to decline Economic growth in China, which is the largest importer of energy and other reasons which indicate the low price of a barrel to below $ 45.
"TheSecretary said" According to the data mentioned should not be committed to the committee for preparation of the national budget of error when preparing the budget in 2015, while based on a price $ 56 a barrel and card export 3.3 million barrels per day, despite pointing the experts and international observers then that the price of oil Negotiable landing as well as the production was not up to three million barrels per day ceiling, for security reasons, technical and political.
"He continued economic specialist, said that" the budget year form a good and positive in With the war against Daash and the existence of three million displaced people conditions and stop productive sectors in Nineveh, Anbar, Salah al-Din, only to re-study estimating the price of oil sold need that should be met to achieve agreement on an acceptable price given the circumstances and variables that affect the global energy market, what have put Iraq and economic benefit make the most of the positive articles and paragraphs contained in the draft budget. "
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