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Suggestions to end contradiction between financial engineering and white paper

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Suggestions to end contradiction between financial engineering and white paper

Monday, 04 October 2021 234
Baghdad: Haidar Fleih al-Rubaie


The Economic Expert, Tariq Al Ansari, urged, to take a measures that would {end contradiction between financial engineering applications and reformed white paper items, calling for the need to

exploit oil revenues in economic diversity and

work to reform and exchange rate of exchange In fragile layers, as well as

direction towards creating a kind of public and private integration.

Financial Engineering

Al-Ansari said that the term of financial engineering was built on intelligence and innovation in the management of public funds, investments, expenses, debts, debt, expenditure and tax reform and the use of sports techniques to provide solutions to financial problems and develop appropriate strategies to address these problems.

The economic expert, said that {The White Paper launched by the government is aimed at a balance and impartial administration, with a highly efficient economic and performance system."

Noting that (and despite balanced diagnosis of Iraq's economic and financial problem, but the country is still suffering from corruption and high unemployment rates, As well as what is formed by semi-total dependence on oil wealth from large economic risks, which reflected negatively on government performance and institutions.

private sector

The Ansari, a statement of contradictions in the economic structure, indicating that {monetary policy is available in which financial surplus is available, but the level of credit for the private sector is very weak, while fiscal policy is clearly high in expenditure and privileges to be fulfilled with oil revenue and others, as well as politics Investment that is still shy} indicating that these points are clear contradictions between financial engineering and white paper applications.

Suggestions and Solutions

In order to eliminate these contradictions, Al-Ansari, suggested wholesale solutions that will bridge the large gap between financial engineering, items and applications and applications in the forefront of the "direction towards economic reform and improving the investment environment and working to restore the structure of monetary and financial policy, For the creativity of national competencies, as well as strict measures to combat corruption and tax evasion."

Al-Ansari also called on the need to "exploit oil revenues for investment in activities that contribute to economic diversity, and to pursue the reform of the monetary system and determine the exchange rate, which is affected by the fragile and poor classes, and creating a kind of public and private sector integration and the exploitation of the economic potential for them".

The economic expert stressed the importance of the reward and stolen, and improving the ration card by more than seven articles, and the activation of GDP and upgrading and upgrading the salary of social care and retirees at least (500 thousand dinars) or 23% of the damage rate as a result of the exchange rate.

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