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The federal budget for 2012, what with us? (1) / an editorial by the People
Sunday, 08 December / 2 January 2012 17:38
Proceeded to the House of Representatives yesterday, the first since the second reading of the bill the federal budget for 2012. It must mark the beginning of the budget discussion taking place, this time under the conditions of political crisis, reflected in the province of Congress the Iraqi List of meetings of the Council, including meetings in which discuss the budget. There is no doubt that the absence of the Vice-block key for effective participation in the discussions is not natural, and we must cast a negative shadow over the process of discussion. This is not recorded for the benefit of the Board, and enhance the prestige and trust in him, and not raise the prestige of its members among the people, especially since the adoption of the budget law Iatbermn the most important functions and tasks of the legislature, and that the budget is the main driver of the Iraqi economy, and are affected by other economic activities, affecting the directly the living conditions of each Iraqi family.
Before delving into the details of the budget, saying he can not ignore the political significance as stated in the letter of the Minister of Finance, on the terms of reference and criteria adopted in the development of the budget, including ".. directions .. the International Monetary Fund." As calculated by the Minister of candor and transparency in the declaration of the role of this international institution, we find it strange that this does not cause interference in a sovereign privilege of embarrassment, not to say or entering into opposition, the powerful in power and decision-makers and policy in the country. The irony is that as we celebrate these days clearly foreign troops, as a victory and a national Kberaaly by restoring full sovereignty, at the same time allow derogation of our sovereignty in the formulation of our financial and economic orientations! And not excess to say that the role of the International Monetary Fund here check their own free will and choice of the Iraqi party, because it came in the wake of directed Iraq to borrow from the Fund, to cover the deficit planning in the budget has not been achieved in the 2010 budget, followed by acceptance known conditions associated with IMF loans!
As in previous years, are not available to the House of Representatives the final accounts for the previous year's budget, 2011. It might be appropriate to discuss the final accounts for the 2010 budget, which was sent to announce to the Council, before starting to discuss the draft budget law for 2012. For years, discussions focused on planning figures and estimates, not actual, and thus miss the members of the Council of customizations already spent, and what was achieved with concrete evidence of the projects and achievements, compared to the actual spending. Feltoffr such information is of great importance in assessing the true operational capabilities of the ministries and local governments and independent bodies, and then deal more accurately with the proposed allocations and the potential shortfall, as well as identify Bmmoosah on the effects of spending and the results of the economic and social development.
Tell us a message and Minister of Finance attached draft budget law to a series of deliberations and meetings, devoted to review the initial draft of the budget. And where the decisions delete and postpone some projects, and reduce the allocations of other projects, for considerations relating to the observance of financial balances, and in response to the observations the IMF and the pressure towards reducing the deficit, and reduced allocations of salaries and wages, compensation, subsidies, in order to increase the share of the investment budget. But the draft law and its annexes and the explanatory notes do not include what guides us to the impact of these options to keep or cancel Aotagel some projects, and increase or reduce the allocations, the macroeconomic variables, such as growth rates, unemployment, prices, and the priorities of completion of infrastructure, human resource development, and balances economic sectoral and geographical, as well as their social, cultural, and other criteria and indicators necessary to identify priorities, and governance objectively the impact of these choices and decisions on the process of economic development - social, and to identify the groups and social strata beneficiaries and affected. And indicates a fault and the lack of large, accompanying the process of preparing the budget and the work of successive governments since the change.
For this flaw, of course, several dimensions, political, intellectual, and administrative and technical. First and foremost is the absence of vision and clarity in the strategy of economic development, which is supposed to provide a framework and reference guides for the public budget, as a major tool of economic policy, and the intense expression of the priorities of the objectives and economic implications - social work program of the government. And the consequent lack of investment programs, translated in a scientific and practical, according to the resources and facilities available, to investigate gradual and sequential goals for economic, development, construction cumulative capacity of the material and human resources of the national economy, it will continue to budget preparation, adoption of the allocations annually to individual projects in a manner not free of arbitrariness, as well as the difficulty of manage the large amount of projects, and is separated from that provided by the overall impact of implementing or not implementing these projects, the national economy.
We find that this budget, like its predecessors, without any indicators and quantitative targets, related to growth rate target, to reduce unemployment rates, and their effects on the activities of the various economic sectors, which helps in determining the impact on the economy as a whole, and whether deflationary or expansionary. This is what we will seek to reach him through the analysis of the different areas of spending, and its doors and its clauses.
The total public expenditure of this budget, more than 117 trillion dinars, the largest budget at current prices, divided into 37.2 trillion dinars for investment Nvat, and 79.9 trillion dinars for operating expenses, equivalent to 31.8 per cent and 68.2 per cent respectively of the total budget. These ratios indicate that there has been little change on the distribution of expenditure between operating and investment compared with the year 2011.
Tomorrow we will discuss in a more detailed analysis of the structure and distribution of doors customizations, and implications, and its economic and social expectations.
[You must be registered and logged in to see this link.]
Sunday, 08 December / 2 January 2012 17:38
Proceeded to the House of Representatives yesterday, the first since the second reading of the bill the federal budget for 2012. It must mark the beginning of the budget discussion taking place, this time under the conditions of political crisis, reflected in the province of Congress the Iraqi List of meetings of the Council, including meetings in which discuss the budget. There is no doubt that the absence of the Vice-block key for effective participation in the discussions is not natural, and we must cast a negative shadow over the process of discussion. This is not recorded for the benefit of the Board, and enhance the prestige and trust in him, and not raise the prestige of its members among the people, especially since the adoption of the budget law Iatbermn the most important functions and tasks of the legislature, and that the budget is the main driver of the Iraqi economy, and are affected by other economic activities, affecting the directly the living conditions of each Iraqi family.
Before delving into the details of the budget, saying he can not ignore the political significance as stated in the letter of the Minister of Finance, on the terms of reference and criteria adopted in the development of the budget, including ".. directions .. the International Monetary Fund." As calculated by the Minister of candor and transparency in the declaration of the role of this international institution, we find it strange that this does not cause interference in a sovereign privilege of embarrassment, not to say or entering into opposition, the powerful in power and decision-makers and policy in the country. The irony is that as we celebrate these days clearly foreign troops, as a victory and a national Kberaaly by restoring full sovereignty, at the same time allow derogation of our sovereignty in the formulation of our financial and economic orientations! And not excess to say that the role of the International Monetary Fund here check their own free will and choice of the Iraqi party, because it came in the wake of directed Iraq to borrow from the Fund, to cover the deficit planning in the budget has not been achieved in the 2010 budget, followed by acceptance known conditions associated with IMF loans!
As in previous years, are not available to the House of Representatives the final accounts for the previous year's budget, 2011. It might be appropriate to discuss the final accounts for the 2010 budget, which was sent to announce to the Council, before starting to discuss the draft budget law for 2012. For years, discussions focused on planning figures and estimates, not actual, and thus miss the members of the Council of customizations already spent, and what was achieved with concrete evidence of the projects and achievements, compared to the actual spending. Feltoffr such information is of great importance in assessing the true operational capabilities of the ministries and local governments and independent bodies, and then deal more accurately with the proposed allocations and the potential shortfall, as well as identify Bmmoosah on the effects of spending and the results of the economic and social development.
Tell us a message and Minister of Finance attached draft budget law to a series of deliberations and meetings, devoted to review the initial draft of the budget. And where the decisions delete and postpone some projects, and reduce the allocations of other projects, for considerations relating to the observance of financial balances, and in response to the observations the IMF and the pressure towards reducing the deficit, and reduced allocations of salaries and wages, compensation, subsidies, in order to increase the share of the investment budget. But the draft law and its annexes and the explanatory notes do not include what guides us to the impact of these options to keep or cancel Aotagel some projects, and increase or reduce the allocations, the macroeconomic variables, such as growth rates, unemployment, prices, and the priorities of completion of infrastructure, human resource development, and balances economic sectoral and geographical, as well as their social, cultural, and other criteria and indicators necessary to identify priorities, and governance objectively the impact of these choices and decisions on the process of economic development - social, and to identify the groups and social strata beneficiaries and affected. And indicates a fault and the lack of large, accompanying the process of preparing the budget and the work of successive governments since the change.
For this flaw, of course, several dimensions, political, intellectual, and administrative and technical. First and foremost is the absence of vision and clarity in the strategy of economic development, which is supposed to provide a framework and reference guides for the public budget, as a major tool of economic policy, and the intense expression of the priorities of the objectives and economic implications - social work program of the government. And the consequent lack of investment programs, translated in a scientific and practical, according to the resources and facilities available, to investigate gradual and sequential goals for economic, development, construction cumulative capacity of the material and human resources of the national economy, it will continue to budget preparation, adoption of the allocations annually to individual projects in a manner not free of arbitrariness, as well as the difficulty of manage the large amount of projects, and is separated from that provided by the overall impact of implementing or not implementing these projects, the national economy.
We find that this budget, like its predecessors, without any indicators and quantitative targets, related to growth rate target, to reduce unemployment rates, and their effects on the activities of the various economic sectors, which helps in determining the impact on the economy as a whole, and whether deflationary or expansionary. This is what we will seek to reach him through the analysis of the different areas of spending, and its doors and its clauses.
The total public expenditure of this budget, more than 117 trillion dinars, the largest budget at current prices, divided into 37.2 trillion dinars for investment Nvat, and 79.9 trillion dinars for operating expenses, equivalent to 31.8 per cent and 68.2 per cent respectively of the total budget. These ratios indicate that there has been little change on the distribution of expenditure between operating and investment compared with the year 2011.
Tomorrow we will discuss in a more detailed analysis of the structure and distribution of doors customizations, and implications, and its economic and social expectations.
[You must be registered and logged in to see this link.]
