Ali Hassan al – Fawwaz
build a true economic base it requires a range of effective measures, and a realistic vision in dealing with the problems that Effersha- Aadh- mono – economy, and this iswhat makes the sketch plans more difficult and complex programs with outstanding deposits in the scheme of the Iraqi economic system.
Days before the Finance Committee approved in the House of Representatives on the conditions set by the international Monetary Fund on Iraq, in return for agreeing to give financial loans for the implementation of several economic projects, which require a basic guarantees on the part of that, and to a consensus with the policies that the fund performs in the field of loans.
approval of the Commission accompanied by a claim Mr. chairman of the Council of Ministers to take a process with respect to addressing issues of corruption, and the files are corrupt actions, as well as the importance of working to apply compressive programs related to the rationalization of spending is necessary, and activate the work of other sectors of the economy, which means a review of the general budget and write off a lot of assignments unrelated to economic rationalization policy that determined by the Fund.
that has patterns and policies, and has negative effects also centralized economy, and when there is a financial surplus, this Central is straining the national wealth through expenditures undisciplined, and across succumb to trends related to the policy of the central state, and the nature of the orientation of those expenditures, especially his money relationship spending armament, or the money linked to (petty cash) ministries and other institutions and Oivadat officials, which will be room for corruption and illicit enrichment, as well as the direct impact on the waste of public money and inflation phenomena slack in institutional work against the weakness in the planning, organization and rationalization, and in control of the doors exchange, and in accordance with the necessary benefits.
policy «international Monetary»
some shows fear of these trends, and under the pretext undergo Alysaasat the international Monetary Fund, and because the Iraqi economy rentier nature, these fears turn out to be the practices of the Iraqi government has put in front of rejected this some problems, and therefore disable a lot of economic promises that have been agreed upon on these loans,
and perhaps Alemradjahalojerh preparedness credit between Iraq and the international Monetary Fund agreement in Amman pointed to this risk on the part of , and to the importance of framing, all the way for approval of the Fund ‘s terms and adhered to.
referents problem debts originally linked to the existence of widespread corruption in state institutions, and the large Bagr of public money, and to the confusion of banking policies, and to other aspects related to the political with data mysterious, and the nature of the threats and challenges faced by Iraq, which has devoted an increasing spenders security side, compared to reduce the allocations pertaining to economic recovery programs Iraqi in various investment fields,
what makes the commitment to the demands of the international Monetary Fund over Napoleon represented realism, but the possibility of confrontation (forced) with corruption and the corrupt, and according to the monitoring, control and audit files mechanism.
also, this realism is also to preserve the employees and pensioners, and related activities perpetuation of public life citizens, compared Aadhalnzer many of the economic policies that lacks the realism, and exercises its authority as if the Iraqi wealth is depleted, and that limitless spending Profile, which is referred to by the MP Magda Tamimi ,
a member of the economic Committee (b spend three million and 799 thousand dollars to hire a private aircraft, during the last quarter of 2014 and over the past year in 2015, as well as the expenditure of funds and other money on Aivadat officials, in spite of the serious consequences of falling oil prices and the war against al «Daesh» terrorist.)
this information confirms the size of expenditures is necessary, and in the work contexts many of them, Maittalb face resolute, not only committed to the policies of the international Monetary Fund, but to restructure the Iraqi economy and Moisnath and Anfaqath, and to ensure the reduction of the budget deficit,
which is referred to during the discussion of the budget year 2016- member of the Finance Committee MP Hussam punitive , saying: (The 2016 budget deficit will be larger than the budget 2015 deficit », noting that,» budget in 2016 which put deficit to 29 trillion dinars , or the equivalent of $ 25 billion, representing 25 percent of the total budget).
Prime Minister claim to be more decisive in dealing with corruption and corrupt files, it runs from the dangerous Maewagha Iraq’s economic problems, and complications specific to those files and the multiplicity of their references, which relates to issues concerning waste, and money laundering, and the imbalance in the control procedures,
and keep track of exchange and other mechanisms, this Maittalb put decisive action , concerning the procedures for administrative and limbering Alanvaqa, and measures concerning the control and supervision, and a review of the general budget.
The seriousness of the propensity for loans from countries and banking authorities are in the economy put in front of data impose conditions on Iraq, which may make Iraq Amadzera to continue lending policy, distancing from taking (forced) to look for other opportunities to maximize the national wealth, and not total reliance on oil which is exposed to the fluctuation of prices,
and the deterioration under the conflict and political factors tugging, or flooding the oil market affluence, a Maigll of demand relative about a lot of offers, which are adopted by some countries , a political measure against other countries ..