Iraqi Dinar Chat, Information, News, Facts, Guru Forums, RV and Revaluation info

Follow us! Follow us!
+ Reply to Thread
Results 1 to 4 of 4

Thread: Iraqi economists: the budget in 2010 in a dangerous situation without addressing the

  1. #1
    Senior Member
    Join Date
    Mar 2010
    Location
    Las Vegas, NV & Lake Havasu City, AZ
    Posts
    129
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Cool Iraqi economists: the budget in 2010 in a dangerous situation without addressing the

    Iraqi economists: the budget in 2010 in a dangerous situation without addressing the issues

    Iraqi News - Friday, May 14th, 2010 @ 10:27

    BAGHDAD: A number of Iraqi economists that the budget deficit in 2010 is very dangerous and threatens the Iraqi economy if not dealt with in a transparent manner in the coming period.

    The economist said Mohammed al-Qaisi, “Iraq is missing the semi-final to study the transparent showing the percentage of disability suffered by Iraq policy pursued by the Ministry of Finance in drawing up the budget of the country.”

    LINK:
    http://translate.google.com/translat...ate.google.com

    The Qaysi that “the proportion of budget deficit in 2010 doubled the percentage of deficit for 2009 is to prove the ineffectiveness of the policy in place to develop the Iraqi economy.”

    “On the Ministry of Finance to develop radical solutions to solve the deficit problem, which will accompany the budget until the end of 2015 in the case is to rely solely on loans from the International Monetary Fund.”

    At the same time most likely, a professor at the University of Baghdad, Mohamed Yasiri that “the causes of disability in the state budget due to lower domestic product by 69 percent and the increase of tension because of the economic effects of political and security situation in the country.”

    “I can not for the Ministry of Finance to address the deficit unless the evolution of work and other ministries to increase their production in particular the Iraqi Oil Ministry.”

    The Yasiri, an economist, “there is a major effort to address the fiscal deficit in the general budget of the country, however, those efforts must be to Ataatqata with the global economic system which is linked by Iraq.”

    For his part, adviser to the Ministry of Finance Zia Alckheon that “the Finance Ministry to solve the serious fiscal deficit in 2010 through the promotion of investment companies and government ministries to develop their work and increase domestic production.”

    And “There is a fundamental problem in a fiscal deficit is the existence of some logistical problems to be solved jointly by all government parties and not the Ministry of Finance alone.”

    He pointed out that “there Thuila in a fiscal deficit of the country by means of information and reasons that seem more political than economic.”

    And “and that this shortfall controlled by the Ministry of Finance.”

    The deficit in the Iraqi budget for 2010 more than 19.5 billion dollars after they were approved annual budget by the Iraqi Council of Representatives, outgoing, which amounted to 72.5 billion dollars.

  2. #2
    Senior Member
    Join Date
    Mar 2010
    Location
    colombia
    Posts
    188
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Thanks for this post, very informative

  3. #3
    Member
    Join Date
    Mar 2010
    Posts
    78
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Is this a push for the RV? Or is it badgering to get the oil flowing in greater quantity? That is not the immediate fix. Anyone can criticize, but does he come up with solutions? The post is good in so far as it shows that the ministers are looking for solutions, but they are ignoring the obvious need for an RV..

  4. #4
    Senior Member
    Join Date
    Mar 2010
    Location
    Florida
    Posts
    286
    Thanks
    3
    Thanked 3 Times in 3 Posts
    The budget deficit is the reason they are holding bond auctions.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts