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A member of the parliamentary Finance: employees' salaries and a loan secured five trillion is not enough to move the economy

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A member of the parliamentary Finance: employees' salaries and a loan secured five trillion is not enough to move the economy Empty A member of the parliamentary Finance: employees' salaries and a loan secured five trillion is not enough to move the economy

Post  Admin Wed Sep 16, 2015 11:56 am

History of edits:: 2015/9/16 9:05

[Baghdad - where]

Stressed the parliamentary finance committee member Masood Haider, said that the employees' salaries for the remaining months of the current year is available.

Said Haider told all of Iraq [where], there was "no indication that the risk of employees' salaries, the state will be covered by insurance payroll, and we emphasized it again and again," stressing that "salaries for the coming months is available."

He added that "the executive bodies in the government need to restructure, but restructuring the institutions are the government should gradually begin to activate the private sector, otherwise they will rotate in a vicious circle does not do anything positive impact on the lives of the citizen."

With regard to investment and activation attract Haider that said "laws that proceed need to apply the experience in Iraq shows that many of the laws are not being implemented as it is by the government, either because of a lack of means of implementation or are set aside for political reasons or that the government does not have the court plan and a real implementation of the laws. "

He pointed out that "the investment environment in Iraq, especially in the southern provinces need to activate the banking sector and make it efficient, for example, give a loan of about five trillion allocated to small and medium enterprises a good action by the central bank."

He said Haider, "We in the Finance Committee, we will continue to give loans process, there are conditions for the central bank put in place to give the loans and the mechanism of administration and specialty agricultural and industrial sector of the housing sector and that's good conduct and will contribute to move little by little the economy, and this amount is not enough, Iraq needs to pump larger amounts and invest in projects Large infrastructure. "

The Committee on the economy and investment representative, confirmed on the first of September of this, securing employees 'salaries for the remaining months of this year, 2015, warning of the problem of securing employees' salaries for the next year in 2016, if not to increase non-oil revenues.

Said committee member Najiba Najib, for [where], "according to my expectation this year until the end of 2015, there is no fear on the salaries of state employees," afterthought "If you continue in this way lower oil prices in 2016, and did not note any height, and if you do not able to stakeholders in the state and specifically the government of exploiting the resources that we have, because we have a good reserve, but so far there is no collection of water and electricity, and the tax system is still not enabled well, if the state was able to get revenue from these doors are going to exceed the crisis. "

It showed that "current oil price with current capabilities will help the state to provide the salaries, and there is no problem for the payment of salaries in these months."

It is said that, the Central Bank launched in the eighth of last August, a loan of five trillion dinars for banks [industrial, agricultural, real estate, later announced the Office of the Prime Minister Haider al-Abadi, on the seventh of September of this, lending mechanism in the industrial, agricultural, real estate and housing area , which will be awarded in accordance with the instructions issued by the Central Bank and other banks.

He said in a statement received by [where], that these loans are divided into "small projects and lend money to reduce the highest [500] million dinars, medium-sized projects and lend money to reduce the top three billion dinars, large agricultural and industrial projects and lend to in excess of three billion dinars, provided it does not exceed the upper limit Ashran billion dinars. "

The religious authority, called last Friday, in the words of its representative in Karbala, Sheikh Abdel Mahdi al-Karbalai, to put strict measures in follow-up loan disbursement five trillion dinars, and not to allow the heads of corruption Astglalh.


http://www.alliraqnews.com/modules/news/article.php?storyid=15746

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