Parliamentary Economy: The government neglected fiscal policy recommendations 3/21
Parliamentary Economy: The government neglected fiscal policy recommendations
3/21/2016 0 Comments
Revealed the parliamentary Economic Committee, Monday, that the government steps in the development of financial and economic policy framework is very weak, demand that the government respond to the recommendations of this matter.
The committee member said Najiba Najib, L / balance News /, we "we made during the previous period are very important recommendations to the government on the financial policy of the state," the development, noting that "the government's response to those recommendations very weak."
Najib added that "those steps contain a series of decisions and laws that demanded Ptsraaha and forwarded it to parliament, as well as other related amend the Central Bank Act and external borrowing of the state, but we did not find a clear response so far."
And he expressed "surprise at the government of laxity in it, especially since the country is going through a severe financial crisis," emphasizing "the need to be accompanied by the inclusion of the next steps related to the reform packages to accelerate the development of the state measures of monetary and fiscal policy."
It is noteworthy that Iraq is passing through a severe financial crisis due to lower world oil prices, which calls for the state to rely on other sources (non-oil) in order to increase the annual budget sources.