Font Size:02/02/2013 (23:00 pm)
Experts: Iraq in low budgets transparency report reflects the decline in financial investment and development opportunities cat
Baghdad / Ali Author
A number of economic experts and specialists to Iraq to get a low level in the Transparency Report for Moisanat global financial reflects clearly dropped chances to invest and develop the local private sector has.
chief Iraqi Institute for Economic Reform, Dr. Kamal Al-Basri
's (range): The continuing decline in index transparency the federal budget in Iraq, along with high indicators administrative and financial corruption, and declining business indicators of economic issued by international institutions, reflecting the decline in investment opportunities companies sober in the Iraqi economy, infrastructure to would impede the transfer of production technology and management practices developed and developing the private sector.
hinted visual to that the institution of budget transparency World recently issued its report on the evaluation of transparency budgets in the world, and the sequence of Iraq for other countries low around (4 of 99 countries), and by 4% as a percentage among the world's other, a situation that does not fit with the reputation of Iraq as a democracy , of tasks informed people on the government's policy to dispose of public money.
"The Prime Iraqi Institute for Economic Reform, while these things in the Covenant former political longer details budget matters private political leadership alone, but now the lack of transparency in the budget is incompatible with the spirit of the new Iraq and the Constitution (which states that public money belongs to the citizens), and with the international commitments of Iraq transparency of information, and lack of transparency will contribute to the inefficient use of public money, and then widening gap between home and the political elite.
and hinted that booklet balancing citizen that demonstrates the federal budget simplified for all citizens is the context followed by democratic countries, and last year the Institute volunteers to issue "balancing the citizen" was donated to the ministry, and did not find our initiative resonate mention of the Ministry.
and continued the weakness indicators of budget transparency in Iraq is not due to the presence of legal difficulties or potential technical, but not to recognize their importance, as already emphasized the need to build the Ministry of Finance the principle of transparency in the preparation and implementation of the federal budget, and in 2010 obtained the support of the Minister of Finance to appeal, but that some of the ministry abandoned the implementation of that for special reasons them.
pointed out that what is needed is the dissemination of information issued by the Ministry of Finance annually, according to the Financial Administration Act and the website of the Ministry for the proposed budget and the budget approved, in order not to repeat the experience of the past years, and we are here to emphasize the foregoing emphasized previously, the fact that the Ministry of Finance adoption issuing financial documents a report pre-budget preparation (strategic budget) which includes display targets economic and fiscal policies of the government on the medium and long term, which explains expectations of income and expenditure and deficit or surplus and debt, where it is important to publish this report at least one month to submit the draft budget, and monthly reports that show the progress in the implementation of the budget, as must be issued within three weeks from the end of each month, to include amounts of revenues and expenses each month and how long it passed a year until the date of the preparation of reports, and should be compared to figures including expected revenue The monthly expenditure, should also include reports about activity Alaguetradi government.
noted that it was important report published mid-year, where This report provides a comprehensive overview of the implementation of the budget and budget performance for the current year and for the two fiscal years following, at least, it must be issued within six weeks from the end of the first half of the fiscal year, which includes a comprehensive discussion of financial assets and liabilities governmental and non-financial assets and allocations pensions and emergency, and the disclosure of the impact of any government decisions that will leave the effects of material positive on the budget, as well as publication of the report year-end, which is document as well as accountability essential for the government and who should be subject to scrutiny by the highest institution in the field of auditing, to be issued within six months from the end of the fiscal year, which shows the extent to which the level of income and expenditure approved by Parliament in the budget, and any amendments to the budget of origin during year, and to submit the formula that exactly match the formula to provide the budget, report also contains documents relating to performance of non-financial and objectives actual results which have been achieved, and display expenditure data formats total and deduct income allocated and costs users clearly, and display data spending by the administrative body, and a comprehensive discussion of the assets.
As said a specialist in economic affairs, Dr. Ali Anbure's (range): Iraq, which does not exist when many years ago any final accounts not strange that the issue of global reports put a low level for the transparency of the financial budget, where we do not find in the financial budgets data to draw exchange and Accounts financial balance does not exist, and therefore there is no real mechanisms to view the budget on the people and their representatives in the parliament in order to hold the government accountable, which means that the lack of it as well as the absence of equality not imagine having a democratic system is real.
pointed out that the oil money is not owned by the state but are King of the Iraqi people, who on his sons to know where to go oil resources and what aspects of exchange of public money and to hold negligent in the case of irregularities in this regard who misbehaves money financial budget by about violation of the law.
while wondering expert economist Ghazi Kanani fact there is transparency of the budget of Finance in Iraq , saying: The budget that begins organized in the Ministry of Finance in the presence of large files of financial and administrative corruption was rampant in all aspects of the state, but the responsibility of transparency and implementation and auditing of exchange and revenue where and other matters related thereto are the responsibility of the President and Cabinet members and Parliament because they endorse it, do not exempt someone, even if absent from the meeting, which discussed or acknowledged, because absent from the meeting should follow what happened during his absence.
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