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Development need to be real institutional power
10/17/2015 0:00
BAGHDAD
attributed economist continuing challenges facing the country to being does not have an economic vision of being able to overcome the difficulties in the current economic situation caused by lower oil resource revenues that will continue for a period of quite a few, accompanied by his view of things partially fragmented with the exception of some visions vessels to cover the deficit through borrowing and so on Warning of the overall situation.
He d. Raed Fahmi in his speech for »morning» that the situation requires institutional and plans force strategy believes there is a real economy represented sectors of basic development (agriculture - industry - tourism - buildings and services productivity - ..) to cover the deficit in the oil industry. Product Protection noted that the problem lies not a vision serve to strengthen the laws concerning the protection of the local product as one of the pillars of industrial production development and directing banks' not to mention the absence of activation of taxes and the accompanying repercussions system is not the purchasing power only but its impact on moving the economy as a whole. taxes and fees, and pointed to the possibility of further retrenchment and re considering revenues, pointing to the existence of deficiencies in taxes and fees process as well as the importance of correct Msaralsatrh on customs duties and management of real estate State. the private sector and explained my understanding that the state is unable to finance the investments and the private sector being has a bitter experience with the project is carried out and other implementing badly Mauld his two losses : first the amounts paid and the second is interest on these amounts and this seriousness requires strict management of projects to be completed in a timely manner and be profitability and Aidip calculated higher than the cost. and he stopped my understanding of the importance of starting the budget as one of the important tools of fiscal and monetary policy of the country that emerges from strengthening the potential for a real economy is oil a multidirectional industrial content, calling for pressure expenses and reduce external borrowing. He concluded Fahmi his speech by noting that the talk about reform without a real and radical solutions does not make sense the real development is absent either in the center or territory is born serious implications for pointing out that the indebtedness under the circumstance that going through the country represent a disaster because there are no guarantees on how to behave with money. It should be noted that the International Monetary Fund urged the need to work on a gradual correction to the economy of countries affected by the drop in oil prices through the use of accumulated financial reserves in previous years accompanied by the importance of reducing expenditure decisively and gradually strengthen its financial position. Oil prices have lost 50 percent of its value since June 2014 and is expected to fall below the level of profitability for the Gulf countries in the past three or four the next pointing to the importance that the oil-producing countries make greater efforts to diversify their economies and reduce dependence on oil.
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10/17/2015 0:00
BAGHDAD
attributed economist continuing challenges facing the country to being does not have an economic vision of being able to overcome the difficulties in the current economic situation caused by lower oil resource revenues that will continue for a period of quite a few, accompanied by his view of things partially fragmented with the exception of some visions vessels to cover the deficit through borrowing and so on Warning of the overall situation.
He d. Raed Fahmi in his speech for »morning» that the situation requires institutional and plans force strategy believes there is a real economy represented sectors of basic development (agriculture - industry - tourism - buildings and services productivity - ..) to cover the deficit in the oil industry. Product Protection noted that the problem lies not a vision serve to strengthen the laws concerning the protection of the local product as one of the pillars of industrial production development and directing banks' not to mention the absence of activation of taxes and the accompanying repercussions system is not the purchasing power only but its impact on moving the economy as a whole. taxes and fees, and pointed to the possibility of further retrenchment and re considering revenues, pointing to the existence of deficiencies in taxes and fees process as well as the importance of correct Msaralsatrh on customs duties and management of real estate State. the private sector and explained my understanding that the state is unable to finance the investments and the private sector being has a bitter experience with the project is carried out and other implementing badly Mauld his two losses : first the amounts paid and the second is interest on these amounts and this seriousness requires strict management of projects to be completed in a timely manner and be profitability and Aidip calculated higher than the cost. and he stopped my understanding of the importance of starting the budget as one of the important tools of fiscal and monetary policy of the country that emerges from strengthening the potential for a real economy is oil a multidirectional industrial content, calling for pressure expenses and reduce external borrowing. He concluded Fahmi his speech by noting that the talk about reform without a real and radical solutions does not make sense the real development is absent either in the center or territory is born serious implications for pointing out that the indebtedness under the circumstance that going through the country represent a disaster because there are no guarantees on how to behave with money. It should be noted that the International Monetary Fund urged the need to work on a gradual correction to the economy of countries affected by the drop in oil prices through the use of accumulated financial reserves in previous years accompanied by the importance of reducing expenditure decisively and gradually strengthen its financial position. Oil prices have lost 50 percent of its value since June 2014 and is expected to fall below the level of profitability for the Gulf countries in the past three or four the next pointing to the importance that the oil-producing countries make greater efforts to diversify their economies and reduce dependence on oil.
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