Home
Economic Commission expects the weak purchasing power in Iraq in 2012
Saturday, December 31 / 1 December 2011 11:51
Hits: 408
•
•
•
User Rating: / 1
Weak Good
Twilight News / Committee revealed the economy and investment representative, Saturday, for the weak purchasing power in the country in 2012, giving the reasons not to increase the salaries of employees, retirees and increase the budget Alchglah on investment in the budget in 2012.
The Ministry of Finance has announced that, beginning this month, the budget for 2012 will not see any increase on the salaries of employees or retirees to intercept the International Monetary Fund on this matter.
A member of the Committee of Economy and Investment Amer winner in an interview with "Twilight News" that "increase the budget Alchglah caused the prevention of increased salaries of employees and retirees, and also lower investment budget will stop providing jobs for the unemployed, which will lead to the weak purchasing power in 2012," explaining that "in If you do not enter the investing companies and investors to the country, will increase the unemployment rate within the community. "
The International Monetary Fund warned the Iraqi government to increase the operating budget year after another, and threatened to raise support for the budget if it does not reduce the operating budget next year, and lack of commitment to his comments and instructions.
And draw the winner out that "the continued political crisis and the deterioration of security conditions impede the entry of firms invested, and will have negative repercussions on the living conditions of the individual," calling the blocks to speed up solving the political problem of the current and to maintain the public interest to party interests and Class for the advancement of services and the elimination of unemployment in the country ".
The Iraqi government has approved the Federal Budgeting for the year 2012, valued at $ 100 billion, an increase of 22 percent from the previous year, a shortfall of about $ 13 billion, as revealed the parliamentary finance committee from meeting the budget Alchglah 70% of the budget in 2012.
The political process in the country are witnessing a deterioration on the back view and the Ministry of the Interior, the middle of this month, confessions of three of the elements of the protection of Vice President Tariq al-Hashimi, their practical implementation of the assassination and the bombing of explosive devices in Baghdad with the knowledge of al-Hashemi, at the direction of it, has issued an arrest warrant jurisdiction according to Article 4 terrorism against al-Hashemi, according to the confessions.
[You must be registered and logged in to see this link.]
Saturday, December 31 / 1 December 2011 11:51
Hits: 408
•
•
•
User Rating: / 1
Weak Good
Twilight News / Committee revealed the economy and investment representative, Saturday, for the weak purchasing power in the country in 2012, giving the reasons not to increase the salaries of employees, retirees and increase the budget Alchglah on investment in the budget in 2012.
The Ministry of Finance has announced that, beginning this month, the budget for 2012 will not see any increase on the salaries of employees or retirees to intercept the International Monetary Fund on this matter.
A member of the Committee of Economy and Investment Amer winner in an interview with "Twilight News" that "increase the budget Alchglah caused the prevention of increased salaries of employees and retirees, and also lower investment budget will stop providing jobs for the unemployed, which will lead to the weak purchasing power in 2012," explaining that "in If you do not enter the investing companies and investors to the country, will increase the unemployment rate within the community. "
The International Monetary Fund warned the Iraqi government to increase the operating budget year after another, and threatened to raise support for the budget if it does not reduce the operating budget next year, and lack of commitment to his comments and instructions.
And draw the winner out that "the continued political crisis and the deterioration of security conditions impede the entry of firms invested, and will have negative repercussions on the living conditions of the individual," calling the blocks to speed up solving the political problem of the current and to maintain the public interest to party interests and Class for the advancement of services and the elimination of unemployment in the country ".
The Iraqi government has approved the Federal Budgeting for the year 2012, valued at $ 100 billion, an increase of 22 percent from the previous year, a shortfall of about $ 13 billion, as revealed the parliamentary finance committee from meeting the budget Alchglah 70% of the budget in 2012.
The political process in the country are witnessing a deterioration on the back view and the Ministry of the Interior, the middle of this month, confessions of three of the elements of the protection of Vice President Tariq al-Hashimi, their practical implementation of the assassination and the bombing of explosive devices in Baghdad with the knowledge of al-Hashemi, at the direction of it, has issued an arrest warrant jurisdiction according to Article 4 terrorism against al-Hashemi, according to the confessions.
[You must be registered and logged in to see this link.]
