Invalid: austerity "relative" because there are costs of "Governor"






The parliamentary Finance Committee, revealed on Saturday, the reduction of funds balance in 2016 to 100 trillion dinars, and announced the cancellation of customizations "unnecessary" in all State institutions, Government Advisor indicated that austerity "relativity" in balancing 2016 due to the financial crisis affecting the country.
She is a member of the parliamentary Finance Committee majda Al-Tamimi (term), "the Finance Committee demanded the budgets Subcommittee of some State institutions such as the Chamber of Deputies budget and its bodies in addition to the Supreme Judicial Council for the purpose of its examination and cut spending, according to new financial data for the country ahead of the arrival of the budget law of the Government".
She added that "the final figure for the budget and estimated 106 triloinat needs to be reduced through the Elimination of unnecessary and customizations that an estimated 6 triloinat including allocations of testimony, conferences and hospitality and expenses sustaining cars".
Tamimi stated that "the Committee devised a plan to study every detail in the budget law and the usefulness of each provision however was simple and focus on the task in sustaining the State wheel without resort to borrowing only in extreme cases".
She explained that "the 2015 budget were mainly the work of next year's budget with the Finance Committee to establish firm foundations for reducing unnecessary expenses by as much as 90% and transfer some money into important doors and Governor such as ministries of Defense, Interior and some other service ministries".
And Tamimi referred to "the need to activate the work of regulators towards Government and the way the disbursement of funds by the ministries without significant financial violations".
The Ministry of Finance announced on 15th September 2015, providing public financial budget for the next year 2016, to the Council of Ministers, confirmed that its wording was lowering overhead and fought wasteful State revenues and diversify sources of national income.

In turn, economic advisor to Prime Minister Mohammed Saleh in an interview appearance (range), to "balance the next year 2016 contain imaginary deficit due to the country's dependence on oil is one source where the Government is working to sell and use its cash resources to be paid as salaries and payment of remaining to sustain the work of State institutions on a daily basis".
He added that "the process of relative austerity, not final because there are expenses of the Governor cannot be overridden or shrink like staff salaries (civilian and military) and pensioners in addition to building a social safety net for a total of categorization to nearly nine million five hundred thousand inhabitants and which consumes 60% of the general budget of the country". And between Adviser Abadi that "operating budget issued in full and does not remain only represents 4-5% maintenance and customizations to purchase fuel, etc., either the investment budget is equal to deficit so difficult rely directly".
He said that "Iraq is characterized by a multiplicity of natural resources that match the importance of oil, but previous Governments had not acted seriously invested in the medium and long term the current Government if embarrassed to borrow from local banks to bridge the shortfall in the budget".
Saleh noted that "oil export figures do not correspond with what is installed in the budget for the world price instability thus find clearly distinct between what is installed on paper between the financial realities and its conformity with the import of cash".
He said "hundreds of projects stalled for years I ate hundreds of billions of dollars without complete to provide service for Iraqi citizens caused a significant financial drain on most previous years budgets".
And economy and investment Commission announced, Monday 19/10/2015, the financial budget for the next year 2016, 106 trillion Iraqi dinar and a deficit of 23 trillion dinars, while noting that most devoted to the security sector, revealed the large austerity budget.

Member of the Economic Committee, said najiba, Najib said at a news conference in the Parliament building, attended by (range), that "the size of the total budget, which the Cabinet approved yesterday, there were 106 trillion Iraqi dinar and the inability of 23 trillion dinars", stating that "the expected revenue from oil sales is 84 trillion ceiling export 3.6 million barrels per day with the barrel on the basis of 45 dollars per barrel".
Najib said that "this budget differs from previous budgets to significant retrenchment and privatisation of security sector was great", referring to "an increase in non-oil revenues over the past years that the State tried to revise the tax system".

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