The general budget for 2007 is met the basic needs of the country?
Baghdad Haider spring
It is expected that the top of the Parliament today, Tuesday, the discussion of the general budget for 2007, in the meantime, views vary specialists in the economic aspect regarding investment expenditure for this year's budget of 2007 and 41 billion dollars.
Will this budget will meet the basic needs of the country? Some regarded it as explosive and will meet all the requirements necessary for the advancement of economic and urban in various fields, while others considered that the budget did not meet in the implementation of the overall ambitious plans to be implemented on the ground.
He was Minister of Planning and Development Cooperation on Ghalib Baban in a press statement that the proportion of the deficit in the new budget amounted to (10) trillion dinars, stressing that the deficit is more theoretical than realistic because the state some cash reserves in the Development Fund for Iraq.
And expressed Papan his dissatisfaction for the on the budget, which he (that it is not the level of ambitious the ministry at the level of development), pointing to the allocation of three trillion dinars for projects the Ministry of Oil or the rate of 69.23% of the total specialties was, and is addressed to the rehabilitation of the oil sector and enable it to increase its ability to production and export, whereas the projects the Ministry of Electricity approximately trillion and 750 billion dinars was that these funds were allocated for projects of the modernization and improvement of the generation and transfer of electrical energy in addition to an allocation of (425) billion pounds to the Ministry of municipalities and Works, and (430) one billion dinars to the Ministry of Health, and (422) billion pounds for Ministry of Reconstruction and Housing and (336) billion pounds to the Ministry of Education, and emphasized to allocate (259) one billion dinars for the rehabilitation of existing schools and building of new schools in addition to the that the draft the Territories received considerable support amounted to trillion and 602 one billion dinars.
And between the two doors of a number of considerations that have imposed themselves in the budget and the most important high expenditure allocated to security and defense estimated at (10) trillion dinars, and the high costs posed by the ration card insurance, estimated at about three trillion dinars.
From his part, Kamal al-Basri, Undersecretary of the Ministry of Finance budget of the year 2007, as well, and meet most needs of the country, whether the service or health or education, said Basri : will not say (explosive),
but offsets are trying to satisfy a lot of needs, including responding to the lifting of living individuals, as well as the budget, it is hoped that it will provide job opportunities for many of the unemployed as it gave priority to all areas of investment, including oil, electricity, education and higher education, and many other investment projects in the field of development of the Territories.
For his part, Minister of State for Parliamentary Affairs Safa net debt to the budget and encouraging large compared Balmwaznat years, as it more than last year's budget b (11) billion dollars. A net for the formation of committees central to the activation of application projects or withdrawal of funds from some ministries in the event of failure in the implementation of projects and transferred to other ministries succeeded in implementing projects assigned Aiha.
And in relation An official source at the Central Bank of Iraq in a deficit budget this year because of pumping dollars into the local market to preserve the stability of the dinar exchange rate.
His appearance Mohamed Saleh, Head of the Department of Statistics and Research in the Central Bank, said that the new budget will exchange allocations to the dollar, pointing out that the rise in the value of the dinar positively impacted by limiting expenditures to alleviate inflationary pressures in the Iraqi economy and reduce costs on prices.
Saleh pointed out that the (95)% of the income of public budget depends on oil revenues, as a basic resource for the country.
He pointed out that the future will be encouraging the conditions for lifting the value of the dinar against the dollar, but could not determine the rate of exchange to proceed only after the real budget.
Translated version of http://www.alsabaah.com/paper.php?source=akbar&mlf=interpage&sid=35318
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