Long-Presse / Baghdad

Most likely a member of the Parliamentary Finance Committee, on Wednesday, reducing the budget by 59 trillion dinars, and called on the government to austerity and reduce expenditure is necessary, while the proposed economic expert to reduce the salaries of the upper layers of the state, and stimulate the private sector to be able to create new jobs to absorb the unemployed instead of complete dependence on the state in this area.

He predicted that a member of the Parliamentary Finance Committee, Secretary Baker, reducing the general budget for 2014, the current rate of 59 trillion dinars, from previous estimates, calling on the government to reduce unnecessary expenditures, excluding staff salaries prejudice.

Bakr said, in an interview to the (long-Presse), said that "the security situation and the displaced and the drop in oil prices reduced the revenue Iraq Finance more than the expectations that came in the budget speculative," and urged the government to "reduce its expenses by adopting the policy of austerity and the reduction of things is necessary, especially in the operating budget. "

He expected the MP, that "the government deliberately to reduce the grades for the 2014 current or cancel and reduce government expenditures and the allocation of additional staff and Ivadathm", ruling that "includes downsizing the employees' salaries."

He said a member of the Finance Committee, that "the size of the public budget will be reduced from 179 to 120 trillion dinars, a difference of $ 59 trillion dinars," adding that "the balance of the security ministries will increase from 20 trillion dinars not covered by downsizing."

For his part, counting the economic expert on behalf of Jamil Antoine, that the adoption of the policy of austerity is a "make right" to confront the current crisis, and called to reduce the salaries of the upper layers of the state, and stimulate the private sector to be able to create new jobs to absorb the unemployed instead of complete dependence on the state in this area .

Said Antoine, in an interview to the (long-Presse), "The decline in world oil prices led to reduced imports of Iraq's financial notably that 95 percent of them rely on oil," likely to "continue to decline in world oil prices, even up to $ 75."

The economic expert, that "the decline in Iraq's oil exports and increased military expenditures, because of the fight against terrorism and arming the army, and the salaries of the armed forces and popular mobilization and expenditure of relief to the displaced, factors that led to a very significant increase expenditures had to move towards austerity," returned to "austerity is a procedure right to confront The current crisis experienced by the country. "

He called Antoine, to "adjust consumption expenditures and reduce the salaries of the upper layers of the state until the demise of the emergency circumstances," stressing that "the growth rate will be reduced to three percent due to increased consumer spending."

He predicted economic expert, is the other, that "is to reduce the number of grades," and urged the need to "find an alternative to absorb the unemployed through securing new business opportunities through the private sector."

The head of the Council of Ministers, Haider al-Abadi, revealed in, (the twentieth of October 2014 present), during a press conference after his meeting with the religious authority, the Supreme Shiite, Ali al-Sistani, in Najaf, and attended by, from the discussion of the Council of Ministers the issue of the budget three times, and that the Council will prepare a budget ahead where military spending as a fait accompli, noting that the budget in 2015, will be based to balance the 2014 current, due to the presence of the same problems, of oil from Kirkuk and stopped completely, as well as a decline in world prices, and expectations about the decline more to this, the Council of Ministers decided to austerity.

The federal budget for 2014, the current, "most of mine," left by the previous government of Prime Minister Nuri al-Maliki, under the chairmanship of the new, Haider al-Abadi, and as one of the obstacles "chronic" the relationship between the federal government and the Kurdistan region.