Parliamentary Finance: next February will be financially harder .. and staff salaries may be delayed

01/09/2016 (00:01 pm) -

BAGHDAD / Noor Ali - Ibrahim Ibrahim

[ltr] The parliamentary finance committee, confirmed on Friday, that Iraq is facing a major crisis in the economic reality intensifies its impact during the next month of February, as called for activating the non-oil revenues Kalkmark and levy taxes to ease the crisis, Prime Minister counting that the collapse of oil prices will be a source of strength and interest to stimulate positive to encourage Industry pressure and government expenditures.

She said the parliamentary finance committee member Majda al-Tamimi, in an interview for the "long" that "there is a major crisis in the Iraqi economic reality during 2016, and must be for the government to seriously considering activating other non-oil revenues Kalkmark and collection, tax, real estate and other."

She added that "the state ministries and institutions to maximize their revenues and the development of alternatives to diversify its financial resources on their own financing itself, as well as reduce costs by reducing the number of deputations and Aldiavatt as well as reduce the number of government vehicles to mitigate the severity of the financial crisis."

She continued by saying that "the parliamentary Finance Committee emphasized during the 2016 budget drafted on the collection of funds and the Ministry of Electricity, so the citizen should pay the financial dues in exchange for receiving the service, to enable the Ministry to sustain and increase its services Think hours of processing."

Tamimi stressed that "the crisis that we are experiencing now are caused by dependence on oil revenues and disable all other non-oil resources, it must be put forward other alternatives come to the government with sufficient funds to cover the deficit in the federal budget."

She pointed out that "the state is obliged to pay the employees' salaries, and health to stop disbursement in the coming months, but among the alternatives currently on the table is some ministries for days pay of delay and then re-disbursed upon receipt of income from the sale of oil, because the country will go through a real crisis starting From next February and there will be difficult to finance because of lower oil prices. "

She explained that "Iraq paid amounted to 52 trillion dinars to pay employees and pensioners which constitutes a large proportion of the budget, which amounts to 105 trillion dinars, depending on the amount of the sale of oil per month so the government will find it difficult to pay the employees' salaries during the period specified for it."

He noted Tamimi "Most sectors will be affected by the financial crisis and in particular service sectors, but there is a priority to file health and security ministries without prejudice Broatbha financial allocations, but damage the biggest will be on the investment side, and there is funding for only some ongoing projects, according to their importance in the absence of new projects during the current year." .

And it increased by saying that "some ministries began seriously considering the issue of contracts and move daily because of the large numbers and indicate what the extent of the need for them and there will be economic studies for them."

For his part, counting the Prime Minister Haider al-Abadi, that the collapse of oil prices will be a source of strength and interest to stimulate positive to encourage industry and pressure government expenditures, and as warned of attempts by some to destroy all Ayijiah step, he stressed the seriousness of the government in partnership between the public and private sectors.

The Prime Minister said Haider al-Abadi, said in a statement, received (range Press), a copy of it, during a meeting with the private sector delegation Economic Organizations for investment and reconstruction, "The country faces a serious challenge, along with terrorism of lower oil prices but that the collapse of these prices will force us and The the benefit of the positive stimulus which we began by encouraging industry pressure and government expenditures and accelerate the reform steps, "warning" of trying to destroy each other is a positive step in the country ".

The Abadi "We are serious in partnership between the private and government sectors, but we are suffering from, represented that change is not only a problem to change the laws but to change the stereotyped thinking and this requires cooperation to overcome them."

He called al-Abadi to "activate the single window in investment and properly implemented through a look sound specialist to follow the shortest way to reach the goal," and expressed regret "to the decline in palm cultivation in the country," noting "the importance of working to activate the steps that would be palm cultivation in the right direction. "

The President of the Council of Ministers to "activate tourism and create a safe and healthy environment for them there is a tremendous legacy in Iraq, it is necessary to draw the attention of the world to him."

In a related development, Deputy Chairman of the Committee of Economy and Investment parliamentary Harith al-Harthy, in an interview for "term" that "the current economic situation is controlled by the currently according to a deliberate steps, and that the financial and economic committees and drawn up plans and studies for control of the economic situation, without prejudice to staff salaries."

He added that "all the means available to support and boost the economy of movement through internal and external borrowing and other other solutions in order to get out of the economic crisis in the nearest time."

Harthy said that "prevent the indiscriminate import and activate the public and private sectors and the laws governing the activation of the national economy would support the introduction of foreign currency and the internationalization within the local market through the application of the new economic policy".

He said. "The economic crisis the country is experiencing a new foundation that will put the government to assist them in dealing with their resources without real dependence on oil."


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