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Zebari: to be reforms and economic policies to overcome the painful financial crisis
11/7/15
BAGHDAD / Sky Press: Finance Minister Hoshyar Zebari that he "has to be reform measures and economic policies to overcome the painful financial crisis."
Zebari said in an interview televised, that "the government bears the responsibility of solidarity, because the budget will go which 72% salaries and obligations of the social, and the remaining investment small amount. Even investment, mostly weapons and munitions national effort to defend the people against the Daash".
Zebari said that "the deficit in the budgets of states is not surprising, deficit exists in America and Britain, the Gulf States and other countries, and must be the development of our internal resources and the search for alternative sources, because the dependence on oil as the sole source and the President to sustain the country is very difficult."
He added, "We have entered the financial year and we have a (686) for only $ million, a circular amount that our work done. Were it not for our attempts to bring in extra money from remittances treasury and banks, from firing some dead money in these banks and some foreign loans, because the state has continued to the middle of the year and I was able to pay staff salaries and staff. "
And on the oil crisis between the province and the center, he described Zebari as "prickly but they are not insurmountable and can be resolved if there good intentions and good will from both sides, revealing the near advent of technical and political delegation of high-level of the Kurdistan region to Baghdad to reach understandings on the issue of oil prior to the approval the budget year 2016 at the end of next month, to balance out a fair and equitable for all regions and all ethnic groups and parties. "
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11/7/15
BAGHDAD / Sky Press: Finance Minister Hoshyar Zebari that he "has to be reform measures and economic policies to overcome the painful financial crisis."
Zebari said in an interview televised, that "the government bears the responsibility of solidarity, because the budget will go which 72% salaries and obligations of the social, and the remaining investment small amount. Even investment, mostly weapons and munitions national effort to defend the people against the Daash".
Zebari said that "the deficit in the budgets of states is not surprising, deficit exists in America and Britain, the Gulf States and other countries, and must be the development of our internal resources and the search for alternative sources, because the dependence on oil as the sole source and the President to sustain the country is very difficult."
He added, "We have entered the financial year and we have a (686) for only $ million, a circular amount that our work done. Were it not for our attempts to bring in extra money from remittances treasury and banks, from firing some dead money in these banks and some foreign loans, because the state has continued to the middle of the year and I was able to pay staff salaries and staff. "
And on the oil crisis between the province and the center, he described Zebari as "prickly but they are not insurmountable and can be resolved if there good intentions and good will from both sides, revealing the near advent of technical and political delegation of high-level of the Kurdistan region to Baghdad to reach understandings on the issue of oil prior to the approval the budget year 2016 at the end of next month, to balance out a fair and equitable for all regions and all ethnic groups and parties. "
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