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08.12.2011 | (Voice of Iraq) - Add comments - Sumerian News / Baghdad said the Iraqi Finance Ministry on Thursday that the budget next year, 2012 will not see any increase on the salaries of employees or retirees, pointing out that the issue of increases to the salaries of the most important files objectionable by the International Monetary Fund. The Iraqi Finance Minister Rafie al-Issawi said in an interview for "Alsumaria News", on the sidelines of a press conference held at his office in Baghdad's Green Zone, said that "the budget in 2012 will not see any increase on the salaries of employees or retirees," noting that "a salary increase of the most important files that was objected to by the International Monetary Fund." The al-Issawi said, "Any increase in the salaries of employees and retirees that would expand the operating budget and a negative impact on the investment budget, while the country needs more investment to move the Iraqi economy and the elimination unemployment in the ". The al-Issawi that "the Iraqi Council of Representatives will not initiate any laws of the dimensions of finance before returning to the Government and the Ministry of Finance, to ensure the existence of financial cover it," asserting that "the budget that were developed by the Ministry of Finance and approved by the Council of Ministers had put increases on salaries. " The Minister of Finance that "the next budget approved 59 thousand degrees and careers, including 18 thousand of the Ministry of Health and 15 thousand of the Ministry of Education, as was the distribution of the rest of the stairs on the ministries and Establishments other government." The Iraqi Finance Minister Rafie al-Issawi, announced Thursday, for the Government's recognition of the budget of Iraq for the next year, which reached 117 trillion dinars and a deficit of 14 Trliuna, and the adoption of producing 2.6 million barrels per day and $ 85 per barrel. The International Monetary Fund had expressed in 2009 expressed his appreciation for the economic reforms in Iraq, and included the promotion Central Bank and the restructuring of banks large public sector, and the reduction of inflation, which reached more than 50% in 2006, also considered paying Iraq for the dues that were scheduled in 2009, reflecting the success of Baghdad in the reform of fiscal policies and the exploitation of the substantial financial resources that derive from high prices of oil. The IMF is a specialized agency of the Bretton Woods system, established under an international treaty in 1945 to work on enhancing the safety of the global economy. The headquarters of the Fund in Washington, DC, and managed by its members, who include all the countries of the world almost. The Finance Committee of the Iraqi Council of Representatives, the committee in (11/30/2011), that the balance of 2012 will reach the parliament through (this week) after the cut and the Ministry of finance the deficit in the adoption price of $ 85 for a barrel of oil, as suggested that the rate reduction to 115 trillion dinars. The speaker of the House of Representatives Osama Najafi, in (November 28, 2011), the need to expedite the completion of the annual budget for the coming year during a short period, stressing the need not to prejudice the rights of the provinces in pumping money into ventures and investments, as he emphasized the International Fund that is currently working to reduce and minimize the recurrent budget in the budget for Iraq in 2012. and Prime Minister Nuri al-Maliki (November 16, 2011), that the financial budget for the year 2012 will be referred to the House of Representatives soon, adding that many countries agreed to implement projects in a payment on credit. The Iraqi Ministry of Planning announced (22 September 2011), that the financial budget for 2012, next will be between $ 112 and $ 120 billion, confirming that 35 percent of them budget allocated to the investment, while the current budget year 2011 deficit of $ 81.9 billion $ 13.3 billion.
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