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Prime Minister: government spending is too high and the revenues do not cover
11/2/15
BAGHDAD / long-Presse
Criticized Prime Minister Haider al-Abadi, on Sunday, the economic policies of the Iraqi state during the past few years not to invest oil revenues in the development of the Iraqi economy. And that among these revenues were used to spending big government, he confirmed that the Iraqi government is not its imports currently cover this expenditure.
Ebadi said in a speech during the opening of the 42nd session of the Baghdad International Fair and attended the (long-Presse) that "the economic policy of the Iraqi state during the past years did not invest high oil prices and increased revenues in the development of the Iraqi economy and not rely only on oil," noting that "this revenue has been tapped to spend senior government got us into financial problems at the moment.
"Abadi said that" the government is now facing demands for government spending is too high and the whole payable to imports do not meet these requests in addition to the war, which were not our choice and imposed on us but the security forces progressing through war must continue and we must succeed in it.
"He explained the Prime Minister that" war is expensive and therefore we have a second challenge how we can continue the financing of higher government spending, which rose large degrees over the past years and also spending on the war and continue to victories.
"He pointed Abadi, that" red tape which hinders investment not less harmful for terrorism in other ways because it disrupts the life of the country and this can not be resolved only economic sector flexible, free and developed by the private sector, which has huge potential, and the Iraqis have a high level of capacity for the success of the economy. " He said the prime minister that "The government is committed to the Platform government is clear: to encourage the private sector and the partnership between the public and private sectors, and this is one of the foundations of our government program," stressing that "the government is working to remove obstacles and bureaucracy and red tape that hindered investment and economic activity and shift the open economy."
He added Abadi "The government is working to remove obstacles that were deposited over the past years, where he lived Iraq for long periods of wars and overheating and the destruction of the economy and waste of resources, and today with falling oil prices and the existence of financial difficulties," pointing out that "Iraqi politics and has over 40 years based on one factor In almost the economy where we depend 90% on oil and did not invest high oil investment rates in other areas of the economy and once it hit oil prices has become for us a big financial problem.
"Prime Minister and the student based on the" energies in this country to rise up and resist the challenge and the Baghdad International Fair is one of the demonstrations that we can prove through which these capabilities are available in Iraq, where there must be integration between the capital and experience in Iraq and abroad, and this leads us to greater productivity and progress.
"He pointed out that" there are common interests between people and nations as we seek to raise the standard of living and create jobs and promote the local economy and increase the Iraqi national income rather than relying on oil.
"In another context, Abadi said that" the security forces were able to secure the capital Baghdad militarily by 100%, "he said, noting that" terrorism was threatening the outskirts of Baghdad a year ago, and now we have distanced terrorism long-distance.
"He said the Commander in Chief of the Armed Forces that the" war takes priority in spending and can not be allowed to back down on the issue of the war because we can not build our home without winning this war, "calling on all politicians to" unite and not a variation on the security victories and service and the citizen and the advancement of the economy and reconstruction, investment and assign fighters.
"He said Abadi, that" the financial crisis did not prevent us from achieving victories impressive in battles where liberated hundreds of kilometers in the breakers of Baiji, "stressing that" no one could have imagined edit these areas this standard time but the efforts of the fighters of the armed forces and the popular crowd and bombarded with all sorts and the sons of the tribes who Althmwa despite controversy politicians to defend Iraq. "
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