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"Divergence of views about Iraq new funds from the IMF"
On: Sun 05/06/2012 23:26
Citizen / special / Sarah al-Obeidi varied opinions among a number of specialists in the economic aspect about borrowing Iraq from the International Monetary Fund.
Some of them promise to step does not require any risk on the Iraqi economy and from the promise of things that weigh heavily on the economy of the country, Recalling that the Central Bank of Iraq rejected earlier Iraqi government's request to borrow from the balance of foreign currency, which promised the bank that the cover of the Iraqi dinar can not be manipulated is the guarantor of what in the pocket of the citizens of dinars, as between the bank said in a statement earlier it is to lend to the government of foreign reserves, will weaken the ability of monetary policy to produce opportunities for stability, which is function of central and end of the work of the central bank to create conditions for reconstruction through these precautions the permanent movement (newspaper Citizen) "had a stand with a number of members of the House of Representatives and the financial experts in this subject."
Loans weigh the Iraqi economy "Member of Parliament MP Abdul-Hussein Resan said:" we have supported the government in its attempt to borrow from the reserve cash available at the Central Bank of Iraq, but the technical opinion the other was often not approved by the central bank to the government to take this interest loans because the monetary reserves in the Central Bank of better than go borrower Iraqi abroad to obtain loans because the loans in which political debate somewhat and the implications of financial and legal many. He Resan in his speech (newspaper Citizen) ": that these loans will contribute to the shackling of the Iraqi economy Baattabrh that he has a debt of external public debt to his work a great and which allocates $ 3 million a year for external borrowing so as to fill the gap that is happening in the balancing of the Iraqi state that is to say there is a deficit also called in the beginning of the year with a surplus in the oil price and also the achievement rates low for the ministries as it did not achieve the ratio of the completion of ONE HUNDRED percent if there is a surplus it can fill the gap for these amounts, however, the government used to make the value of balancing 3 The text of one billion dollars. "
Lack of fear of borrowing," On the other hand said financial expert, contrary goldsmith ": that there is no fear of the withdrawal of Iraq loans from the World Bank because of all the countries of the world in specific topics need to be loans from the Central Bank of International stroll economic activities according to what fits with Ctaj that you select, but we say that the possibilities and capabilities of Iraq's physical big and the biggest problem facing Iraq is not a problem money, but the problem is the (Department money).
noting that: "There is a difference Bien management of money and the money of any misuse of those resources and allocations and Toseatha and implementation of projects through this equation and thus may win little effort if prepared us formulate public budgets, including Levy to reduce spending, operating according to the vocabulary Moardh in allocations of spending year. believing ": that we can add to customization venture a lot of the amounts which are Mtahedorh a result of poor use in all state institutions and this trend, we can provide the funds necessary to our needs. stressed goldsmith during his talk with the (newspaper Citizen)": the need to re-how building the state budget in line with the plans and programs are correct and well thought out so be on the public policies of any through which we can determine the actual needs and in this case we can define our actual amount of money possible to Tntegha annual plans or budgets.
With regard to the withdrawal of loans from the World Bank as harsh conditions you will raise the fuel prices in Iraq! between the goldsmith ": that there is no so-called conditions of harsh, because there is a negotiator Iraqis will be in front of the International Monetary Fund and what is detrimental to the interests of society and is reflected in rising prices and there is inflation All this is in the eyes of the calculus negotiator, because they are not normal people All of them represent the state institutions thus are experts in their specialty in their abilities and that we can arrive at a formula of understanding lead to take advantage of this loan is a way that serves the community is not a way that will harm him. concluded Sayegh Speaking ": that the purpose of the loan is to provide service in a specific direction So we must deal with things professionally and scientifically clear and away from the conclusions incorrect
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On: Sun 05/06/2012 23:26
Citizen / special / Sarah al-Obeidi varied opinions among a number of specialists in the economic aspect about borrowing Iraq from the International Monetary Fund.
Some of them promise to step does not require any risk on the Iraqi economy and from the promise of things that weigh heavily on the economy of the country, Recalling that the Central Bank of Iraq rejected earlier Iraqi government's request to borrow from the balance of foreign currency, which promised the bank that the cover of the Iraqi dinar can not be manipulated is the guarantor of what in the pocket of the citizens of dinars, as between the bank said in a statement earlier it is to lend to the government of foreign reserves, will weaken the ability of monetary policy to produce opportunities for stability, which is function of central and end of the work of the central bank to create conditions for reconstruction through these precautions the permanent movement (newspaper Citizen) "had a stand with a number of members of the House of Representatives and the financial experts in this subject."
Loans weigh the Iraqi economy "Member of Parliament MP Abdul-Hussein Resan said:" we have supported the government in its attempt to borrow from the reserve cash available at the Central Bank of Iraq, but the technical opinion the other was often not approved by the central bank to the government to take this interest loans because the monetary reserves in the Central Bank of better than go borrower Iraqi abroad to obtain loans because the loans in which political debate somewhat and the implications of financial and legal many. He Resan in his speech (newspaper Citizen) ": that these loans will contribute to the shackling of the Iraqi economy Baattabrh that he has a debt of external public debt to his work a great and which allocates $ 3 million a year for external borrowing so as to fill the gap that is happening in the balancing of the Iraqi state that is to say there is a deficit also called in the beginning of the year with a surplus in the oil price and also the achievement rates low for the ministries as it did not achieve the ratio of the completion of ONE HUNDRED percent if there is a surplus it can fill the gap for these amounts, however, the government used to make the value of balancing 3 The text of one billion dollars. "
Lack of fear of borrowing," On the other hand said financial expert, contrary goldsmith ": that there is no fear of the withdrawal of Iraq loans from the World Bank because of all the countries of the world in specific topics need to be loans from the Central Bank of International stroll economic activities according to what fits with Ctaj that you select, but we say that the possibilities and capabilities of Iraq's physical big and the biggest problem facing Iraq is not a problem money, but the problem is the (Department money).
noting that: "There is a difference Bien management of money and the money of any misuse of those resources and allocations and Toseatha and implementation of projects through this equation and thus may win little effort if prepared us formulate public budgets, including Levy to reduce spending, operating according to the vocabulary Moardh in allocations of spending year. believing ": that we can add to customization venture a lot of the amounts which are Mtahedorh a result of poor use in all state institutions and this trend, we can provide the funds necessary to our needs. stressed goldsmith during his talk with the (newspaper Citizen)": the need to re-how building the state budget in line with the plans and programs are correct and well thought out so be on the public policies of any through which we can determine the actual needs and in this case we can define our actual amount of money possible to Tntegha annual plans or budgets.
With regard to the withdrawal of loans from the World Bank as harsh conditions you will raise the fuel prices in Iraq! between the goldsmith ": that there is no so-called conditions of harsh, because there is a negotiator Iraqis will be in front of the International Monetary Fund and what is detrimental to the interests of society and is reflected in rising prices and there is inflation All this is in the eyes of the calculus negotiator, because they are not normal people All of them represent the state institutions thus are experts in their specialty in their abilities and that we can arrive at a formula of understanding lead to take advantage of this loan is a way that serves the community is not a way that will harm him. concluded Sayegh Speaking ": that the purpose of the loan is to provide service in a specific direction So we must deal with things professionally and scientifically clear and away from the conclusions incorrect
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