WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE

THANK YOU FOR YOUR CONTINUED SUPPORT OF OUR LADY.


You are not connected. Please login or register

Economist calls for the government and parliament to move away from their policy in dependence on oil

Go down  Message [Page 1 of 1]

therealbubbie

therealbubbie
CO-ADMINISTRATOR
CO-ADMINISTRATOR

Reduce competent in economic affairs Maitham Laibi fears of not paying salaries to state employees, pointing out that the State has organized a great exaggeration to staff salaries.

The coffee that "the 2016 budget heavily pressed on the investment side than on this side (which includes salaries) where the contribution of current expenditure of 63.9% increased to balance in 2015 to 73.1% for 2016, compared to a decline of investment spending of 36.1% for 2015 to 26.9 % for 2016 ".

"The 2016 budget deficit was also raised from the Ministry of Finance the amount of $ 29.4 trillion Iraqi dinars, which is larger than the budget 2015 deficit, which was estimated at 25 trillion dinars, as well as the price of a barrel of oil as much as dollars to 45, which were overstated by the price if we know that the price Oil currently is $ 48, which means that the price precautionary very close to the actual price, especially since the price of oil is not expected to rise above the barrier of $ 50 per barrel. "

And on the financing of the deficit ways, Laibi expressed astonishment that the "placed under this section the possibility of disability coverage in the event of financial abundance of the expectation of rising oil prices or quantities exported, and this is confirmed that the government and parliament will not refrain from their policy in dependence on oil and the lack of diversification of financial resources." .

He called on Prime Minister Haider al-Abadi earlier, to find and not just relying on new oil resources of the state.

[You must be registered and logged in to see this link.]


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum