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Zubaidi: talk about the budget deficit in Iraq's $ 30 billion is not acceptable
Posted 21/02/2012 03:24 PM
BAGHDAD - Hossam pilot
Face of the leader of the "Islamic Supreme Council" and the head of the "citizen" parliamentary Baqir Jabr Al-Zubaidi, harsh criticism of the Iraqi government, describing them as without a strategy to counter any external threat or any potential outbreak of war in the region.
Zubaidi said in televised remarks "under conditions of security and military in the region and the Strait of Hormuz and the many possibilities of war in the region ... We must be careful. "
The head of the "citizen" parliamentary Baqir Jabr Al-Zubaidi
On the subject of another talk-Zubaidi, a deficit in the Iraqi budget for the current year may reach $ 30 billion .. Asserting that "it is not accepted by the International Monetary Fund, nor am I as finance minister earlier or businessman who worked in this context."
The Central Bank of Iraq has declared earlier that "the budget deficit in 2012 of $ 20 trillion Iraqi dinars, representing a growth of 10% of GDP, "emphasizing" that the deficit in the budget is and can be processed through the stabilization of world oil prices and survival above 104 dollars. "
declared the Finance Committee representative "that Iraq will not need to borrow from the IMF, which is hoped to give Iraq $ 4 billion . "
said Deputy Governor of the Central Bank of the appearance of Mohammed, that "the budget deficit in 2012 amounts to 10% of GDP which is $ 20 trillion Iraqi dinars, a deficit is does not require any economic worries because it is based upon the price of oil up to $ 85 and energy export 2.6 million a day and that the economic outlook indicates that the price of a barrel of oil will fall to below the $ 104. "
and added that "the stability of oil prices at this level confirms that Iraq will deal with the deficit the schematic in the budget without using any international loans or other."
Saleh pointed out that "the central bank hopes that rising oil production and stabilize the price per barrel and that the institutions implement government investment map well and as planned without any failure, non-return of funds allocated for investment, as happened in the budget of previous years."
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Posted 21/02/2012 03:24 PM
BAGHDAD - Hossam pilot
Face of the leader of the "Islamic Supreme Council" and the head of the "citizen" parliamentary Baqir Jabr Al-Zubaidi, harsh criticism of the Iraqi government, describing them as without a strategy to counter any external threat or any potential outbreak of war in the region.
Zubaidi said in televised remarks "under conditions of security and military in the region and the Strait of Hormuz and the many possibilities of war in the region ... We must be careful. "
The head of the "citizen" parliamentary Baqir Jabr Al-Zubaidi
On the subject of another talk-Zubaidi, a deficit in the Iraqi budget for the current year may reach $ 30 billion .. Asserting that "it is not accepted by the International Monetary Fund, nor am I as finance minister earlier or businessman who worked in this context."
The Central Bank of Iraq has declared earlier that "the budget deficit in 2012 of $ 20 trillion Iraqi dinars, representing a growth of 10% of GDP, "emphasizing" that the deficit in the budget is and can be processed through the stabilization of world oil prices and survival above 104 dollars. "
declared the Finance Committee representative "that Iraq will not need to borrow from the IMF, which is hoped to give Iraq $ 4 billion . "
said Deputy Governor of the Central Bank of the appearance of Mohammed, that "the budget deficit in 2012 amounts to 10% of GDP which is $ 20 trillion Iraqi dinars, a deficit is does not require any economic worries because it is based upon the price of oil up to $ 85 and energy export 2.6 million a day and that the economic outlook indicates that the price of a barrel of oil will fall to below the $ 104. "
and added that "the stability of oil prices at this level confirms that Iraq will deal with the deficit the schematic in the budget without using any international loans or other."
Saleh pointed out that "the central bank hopes that rising oil production and stabilize the price per barrel and that the institutions implement government investment map well and as planned without any failure, non-return of funds allocated for investment, as happened in the budget of previous years."
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