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Calls not to delay in approval at the expense of timing of implementation of projects
Topic has been read 39 times
22/12/2011
2012 budget and the considerable challenges of the largest
BAGHDAD - Yasser incumbent - Hussein al-Tamimi Tgb
A number of experts and those interested in economic affairs that the budget for 2012 is a big budget, but the biggest challenges, and insisted on the importance of speed and enrich the observations discussed by economists and approval and not delayed as in every year, affecting the timing of project implementation.
The economic expert, said Ahmed Abreha that the size of the budget year 2012 is very large and $ 100 billion dollars, the equivalent of 17 trillion Iraqi dinars, and supposed to help achieve urban renaissance and productivity in economic sectors of the country.
He said in a statement to the "morning" that this size could bring clear economic Tnmbh because the average state spending per capita in the light of the budget is about 30 thousand dollars a year.
Abreha believes that Iraq needs to ensure high efficiency measures include the reduction of costs and try to speed up the implementation of projects under development and the development of project management and investment programs and equipment.
He noted that operating expenses increased to 20% for the year 2011 the promise of this high, and said I was hoping that the Commission adopt the economic growth of operating expenses by 10%. And see Abreha need to use oil revenues for infrastructure first, and any excess goes to productive investment to build a broad base of non-oil of the Iraqi economy, including not intersect with the construction phase of a free economy.
He stressed the importance of partnership between government and private sector to establish joint stock companies to develop the capital market.
He Abreha that chance productive investment comes through the rehabilitation of economic facilities and public here may not mean all of those institutions, but at least get to choose 30 facility can be restored through the use of oil revenues for the years 2012-2014 we should prepare now. He noted that there recently have dealt with people on the distribution of part of the oil revenues to members of the Iraqi people, but I tell the first to target the poor below the poverty line to guarantee them a minimum standard of living and then provide the requirements of infrastructure and services and the requirements to promote the economy and then consider again what Nttalbh of the increase.
For his part, President of the advisory board Thamer Ghadban in which he was asked for "morning" on the budget that in spite of the increase in average price per barrel price for the default budget, the Government has had difficulty in meeting the requirements of that has emerged for our deficit and clear, although we got a loan from the IMS implemented in 2012, said Ghadhban that the amendment has been some thing on the proportion of the investment budget and investment spending in public spending with an increase of 32 percent of total expenditure, which it refers to a clear improvement for the budget in 2011 and also that the share of provinces was increased from the previous year due to Some of the projects referred to the provinces. Ghadhban also predicted the emergence of a great need for some ministries, private investment projects, but noted the need to provide this in the end is linked to the economy they will be achieved by the increase in oil prices for the scheme.
He said when it will meet the needs of the ministries of investment projects during the first quarter of 2012 at the latest. He Ghadhban that there is considerable pressure on the ministries and provinces on what is allocated for them to respond to the challenges of the services provided to citizens and thus the implementation of its rates are very high because it is associated with providing this services. Lima, sees Hassan al-Asadi said the budget allocations in its current form was fully consistent with the social conditions and changes and requirements that touch the citizen.
He said in an exclusive interview (morning) that it is not possible to develop a theory of Iraq because the world economy is similar and intertwined, and because of the development taking place and of open markets and the development of communication and increase the number of multinational companies and their desire to invest in Iraq made him a global village, great.
He said the biggest challenge facing government is how to promote the economic sectors and in line with the development in the world, pointing out that it is time for the Iraqi private sector to receive the role to achieve these goals from the vision of experts that the state be successful whenever they could reduce the size of their responsibilities and this can applies to reduce the operating budget. He reiterated that we need to reduce operational allocations how? Through the distribution of roles between the public and private sectors and discharge the responsibilities of government can be converted to the private sector, especially in the economic and productivity.
He hinted that the large increase in staff numbers for example, does not mean the elimination of unemployment, but rather increase them, referring to the inability of the state to invest 220 factories in the country and even the investor who purports partnership these numbers are not acceptable to him. Commenting on the investment allocations by saying despite the claims of the experts as a few say However, it has not been invested properly and needed to raise the efficiency of the administrative control of these funds to achieve the objectives in launching the reconstruction and construction. He concluded by saying Iraq needs to strategic plans, long-term implemented through plans of medium and short. He is also on the Parliament approving the budget and not delayed to does not exhaust the time set for the implementation of projects as is the case every year.
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Topic has been read 39 times
22/12/2011
2012 budget and the considerable challenges of the largest
BAGHDAD - Yasser incumbent - Hussein al-Tamimi Tgb
A number of experts and those interested in economic affairs that the budget for 2012 is a big budget, but the biggest challenges, and insisted on the importance of speed and enrich the observations discussed by economists and approval and not delayed as in every year, affecting the timing of project implementation.
The economic expert, said Ahmed Abreha that the size of the budget year 2012 is very large and $ 100 billion dollars, the equivalent of 17 trillion Iraqi dinars, and supposed to help achieve urban renaissance and productivity in economic sectors of the country.
He said in a statement to the "morning" that this size could bring clear economic Tnmbh because the average state spending per capita in the light of the budget is about 30 thousand dollars a year.
Abreha believes that Iraq needs to ensure high efficiency measures include the reduction of costs and try to speed up the implementation of projects under development and the development of project management and investment programs and equipment.
He noted that operating expenses increased to 20% for the year 2011 the promise of this high, and said I was hoping that the Commission adopt the economic growth of operating expenses by 10%. And see Abreha need to use oil revenues for infrastructure first, and any excess goes to productive investment to build a broad base of non-oil of the Iraqi economy, including not intersect with the construction phase of a free economy.
He stressed the importance of partnership between government and private sector to establish joint stock companies to develop the capital market.
He Abreha that chance productive investment comes through the rehabilitation of economic facilities and public here may not mean all of those institutions, but at least get to choose 30 facility can be restored through the use of oil revenues for the years 2012-2014 we should prepare now. He noted that there recently have dealt with people on the distribution of part of the oil revenues to members of the Iraqi people, but I tell the first to target the poor below the poverty line to guarantee them a minimum standard of living and then provide the requirements of infrastructure and services and the requirements to promote the economy and then consider again what Nttalbh of the increase.
For his part, President of the advisory board Thamer Ghadban in which he was asked for "morning" on the budget that in spite of the increase in average price per barrel price for the default budget, the Government has had difficulty in meeting the requirements of that has emerged for our deficit and clear, although we got a loan from the IMS implemented in 2012, said Ghadhban that the amendment has been some thing on the proportion of the investment budget and investment spending in public spending with an increase of 32 percent of total expenditure, which it refers to a clear improvement for the budget in 2011 and also that the share of provinces was increased from the previous year due to Some of the projects referred to the provinces. Ghadhban also predicted the emergence of a great need for some ministries, private investment projects, but noted the need to provide this in the end is linked to the economy they will be achieved by the increase in oil prices for the scheme.
He said when it will meet the needs of the ministries of investment projects during the first quarter of 2012 at the latest. He Ghadhban that there is considerable pressure on the ministries and provinces on what is allocated for them to respond to the challenges of the services provided to citizens and thus the implementation of its rates are very high because it is associated with providing this services. Lima, sees Hassan al-Asadi said the budget allocations in its current form was fully consistent with the social conditions and changes and requirements that touch the citizen.
He said in an exclusive interview (morning) that it is not possible to develop a theory of Iraq because the world economy is similar and intertwined, and because of the development taking place and of open markets and the development of communication and increase the number of multinational companies and their desire to invest in Iraq made him a global village, great.
He said the biggest challenge facing government is how to promote the economic sectors and in line with the development in the world, pointing out that it is time for the Iraqi private sector to receive the role to achieve these goals from the vision of experts that the state be successful whenever they could reduce the size of their responsibilities and this can applies to reduce the operating budget. He reiterated that we need to reduce operational allocations how? Through the distribution of roles between the public and private sectors and discharge the responsibilities of government can be converted to the private sector, especially in the economic and productivity.
He hinted that the large increase in staff numbers for example, does not mean the elimination of unemployment, but rather increase them, referring to the inability of the state to invest 220 factories in the country and even the investor who purports partnership these numbers are not acceptable to him. Commenting on the investment allocations by saying despite the claims of the experts as a few say However, it has not been invested properly and needed to raise the efficiency of the administrative control of these funds to achieve the objectives in launching the reconstruction and construction. He concluded by saying Iraq needs to strategic plans, long-term implemented through plans of medium and short. He is also on the Parliament approving the budget and not delayed to does not exhaust the time set for the implementation of projects as is the case every year.
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