Iraqi experts: objections to the International Monetary Fund
Posted: Thu Oct 13, 2011 9:10 amIraqi experts: objections to the International Monetary Fund in 2012 to balance the logical
A number of experts and analysts in economic affairs that the objections of the International Monetary Fund on Iraq’s budget fiscal year 2012 logical and assumed the government amended before being passed and sent to the House of Representatives.
He said economic analyst at the Centre Economy and Development Jassim Bakhit told the Kurdish news agency (Rn) that “the most prominent objections to the International Monetary Fund’s budget in 2012 related to a gap high economic between the market and the value of the budget.”
He added that “the balance of 2012 does not address the decline in inflation would not contribute to the promotion of development and the ability to raise the economic value of the country. “
He noted that the “Notes International Monetary Fund comes to allocate substantial funds for the energy sector of the implementation of investment projects because of the administrative bureaucracy that hinder the promotion of investment.”
As an economist and executive director of the Iraqi market to Ke Ji (Rn) “The International Monetary Fund objected on the mechanism of distribution of funds to ministries and local councils,” stressing that “the Ministry of Finance has not adhered to neutrality in the allocation of funds as he did not deal professionally with regard to projects petrodollar, which penalized the provinces that do not contain oil projects.”
from For his part, adviser in the Iraqi government peace Quraishi (Rn) that “the Iraqi government approached the International Monetary Fund to clarify the reasons for his objections to the budget in 2012 and clarified,” adding that “the government is serious in the balance between monetary policy and financial to approve the budget next year away from obstacles that stands in front of the economic development of Iraq. “
He pointed out that “the Iraqi government did not clear it after the reasons for objection to the International Monetary Fund’s budget in 2012 although they did not read in the Cabinet and I am still under discussion.” A number of experts and economic analysts, fears of the to fail the government in addressing disability planning in the budget in 2012, citing the difficulty of controlling such a deficit.
He says the CBI that he agreed with the Finance Ministry to build a budget in 2012 conservatively economic rise in oil prices by OPEC.
The Iraqi government announced that Iraq’s budget for the year 2012 will reach $ 112 billion U.S., up 36% from the current year budget, but a deficit of $ 20 billion. has been allocated 45% of the electricity and oil, which amount to almost $ 50 billion and 15% of the Userati Defense, Interior, and of $ 17 billion. and expect economists to be delayed budget in 2012 in the House of Representatives because of political differences between the parliamentary blocs typically arise with budgets discussed the financial year. depends Iraq, a member of OPEC on oil revenues to finance about 95% of its annual budget
http://bit.ly/p6469h
A number of experts and analysts in economic affairs that the objections of the International Monetary Fund on Iraq’s budget fiscal year 2012 logical and assumed the government amended before being passed and sent to the House of Representatives.
He said economic analyst at the Centre Economy and Development Jassim Bakhit told the Kurdish news agency (Rn) that “the most prominent objections to the International Monetary Fund’s budget in 2012 related to a gap high economic between the market and the value of the budget.”
He added that “the balance of 2012 does not address the decline in inflation would not contribute to the promotion of development and the ability to raise the economic value of the country. “
He noted that the “Notes International Monetary Fund comes to allocate substantial funds for the energy sector of the implementation of investment projects because of the administrative bureaucracy that hinder the promotion of investment.”
As an economist and executive director of the Iraqi market to Ke Ji (Rn) “The International Monetary Fund objected on the mechanism of distribution of funds to ministries and local councils,” stressing that “the Ministry of Finance has not adhered to neutrality in the allocation of funds as he did not deal professionally with regard to projects petrodollar, which penalized the provinces that do not contain oil projects.”
from For his part, adviser in the Iraqi government peace Quraishi (Rn) that “the Iraqi government approached the International Monetary Fund to clarify the reasons for his objections to the budget in 2012 and clarified,” adding that “the government is serious in the balance between monetary policy and financial to approve the budget next year away from obstacles that stands in front of the economic development of Iraq. “
He pointed out that “the Iraqi government did not clear it after the reasons for objection to the International Monetary Fund’s budget in 2012 although they did not read in the Cabinet and I am still under discussion.” A number of experts and economic analysts, fears of the to fail the government in addressing disability planning in the budget in 2012, citing the difficulty of controlling such a deficit.
He says the CBI that he agreed with the Finance Ministry to build a budget in 2012 conservatively economic rise in oil prices by OPEC.
The Iraqi government announced that Iraq’s budget for the year 2012 will reach $ 112 billion U.S., up 36% from the current year budget, but a deficit of $ 20 billion. has been allocated 45% of the electricity and oil, which amount to almost $ 50 billion and 15% of the Userati Defense, Interior, and of $ 17 billion. and expect economists to be delayed budget in 2012 in the House of Representatives because of political differences between the parliamentary blocs typically arise with budgets discussed the financial year. depends Iraq, a member of OPEC on oil revenues to finance about 95% of its annual budget
http://bit.ly/p6469h