Home
Expert: delay adoption of the budget will lead to stagflation
25/01/2012
Baghdad morning
Economic expert has warned of a peace Sumaisem economic problem called "stagflation" in the country in case of delay adoption of the budget due to the absorption of unemployment and delayed implementation of investment projects.
The Sumaisem in a press statement made by the Agency (news): The late adoption of the budget and not release financial allocations their time specified will lead to economic problems, many in the country, including the so-called "stagflation" as a result of worsening unemployment and non-absorbed, as well as their direct impact on investment plans developed by the ministries and departments have through the non-release of budget allocations for the investment to them and the continued disbursement of the financial allocations of the things operational. The Sumaisem that local markets are rising prices materials as a result the gap between supply and aggregate demand, asserting that the delay in adoption of the budget will affect the the implementation of several investment projects, which confirmed the country's need to it leads to inflation in the markets and the recession in the economic process.
The economic expert called to the need to speed up the adoption of the budget for this financial year to launch early financial allocations to the provinces, ministries and implementation of investment projects in order to avoid some of the economic problems in the country
[You must be registered and logged in to see this link.]
25/01/2012
Baghdad morning
Economic expert has warned of a peace Sumaisem economic problem called "stagflation" in the country in case of delay adoption of the budget due to the absorption of unemployment and delayed implementation of investment projects.
The Sumaisem in a press statement made by the Agency (news): The late adoption of the budget and not release financial allocations their time specified will lead to economic problems, many in the country, including the so-called "stagflation" as a result of worsening unemployment and non-absorbed, as well as their direct impact on investment plans developed by the ministries and departments have through the non-release of budget allocations for the investment to them and the continued disbursement of the financial allocations of the things operational. The Sumaisem that local markets are rising prices materials as a result the gap between supply and aggregate demand, asserting that the delay in adoption of the budget will affect the the implementation of several investment projects, which confirmed the country's need to it leads to inflation in the markets and the recession in the economic process.
The economic expert called to the need to speed up the adoption of the budget for this financial year to launch early financial allocations to the provinces, ministries and implementation of investment projects in order to avoid some of the economic problems in the country
[You must be registered and logged in to see this link.]
