Keywords acknowledge difficult economic and financial situation in Iraq
Keywords acknowledge difficult economic and financial situation in Iraq
8/23/2015 0:00
BAGHDAD – Omar Abdel-Latif
admitted the CBI difficult financial situation in Iraq, saying that the big challenge that will continue for the future comes from the volatility quotient in oil resources, which endorsed by the Finance Committee in the House of Representatives, when confirmed «the central bank fears» attributed it to poor planning and neglect 2014 budget, which led to the deterioration of the economic situation in Albuld.mhafez Central Bank Ali Mohsen Keywords said in a statement singled out by «morning»: there are difficulties in the financial situation, We hope that the current crisis will be a catalyst for real reforms in the structure of expenditures and revenues of the state and an opportunity to review all He.oodhav Keywords, that the phenomenon of volatility in oil resources will continue to exist and will not end in one day, a big challenge in the future, explaining the need to accept Iraq to rebuild the expenditure and revenue in the form which takes into account such things, confirming the presence of a large area to fix this Jawanb.obescon the success of the central bank in the stability of the dollar exchange rates, and expectations in this matter during the next phase, hinted Keywords that monetary policy does not put a prediction in advance for these things, as the Iraq and all countries of the world undergoing significant variables, subject to evolution in any moment, indicating that these fluctuations and variables can affect the Alaraca.omah Keywords economy that job and the task of the central bank in general, is to maintain the stability of exchange rates in Mahlah.mn market its part, the Finance Committee upheld in the House of Representatives is the view of relationships, when approved b »difficult financial situation of Iraq» attributed it to poor planning and neglect Committee member pros Hamadoun budget 2014.oukalt, in the statement summarized by the «morning»: The financial situation of the country is very difficult, and this goes back to the lack of planning in the exchange mechanism for the operational budget and salaries and economic development.
It showed that the budget 2015 approved 125 trillion dinars depending on that the price of a barrel of oil is $ 56, while we see that the amount currently is much lower than Zlk.oardjat Hamadoun economic decline suffered by Iraq, to poor planning and neglect 2014 budget and leave the perpetrators of wasting public money without accountability, asserting that Iraq’s economy «Rei» is based on a single source of oil for the construction of its annual budget, calling for the need to find other sources such as industry, agriculture, and to keep the oil as an adjunct.
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