Abadi economic adviser calls for direct support to the needy and increase the efficiency of the economy and the development of production

Author: ZJ
Editor: BK, BS

04/07/2016 09:59

Long-Presse / Baghdad
Counting the economic adviser to the prime minister, Haidar al-Abadi, said Thursday that the government support is a percentage of "very high" take half the federal budget, while between the support should be directed to the layers need to reduce poverty and increase the efficiency of the economy and the development of production, he stressed that oil revenues should to go to the community through soft loans for unemployed young people and the creation of small activities.

He said the appearance of Mohammed Saleh, in an interview to the (long-Presse), "The direct or indirect government support ratio, the Iraqi budget, a very large and has a 48 percent", returned to "half of the budget goes to support."

Saleh added that "government support should be directed to poor layers," noting that there are "ten million poor in Iraq should receive state support, and secures them a decent living and working in order to come out of the cycle of poverty."

He asked economic adviser, "Why do the rich ration cards, which was born under the blockade," adding that "the ration card should be allocated only to the poor."

And saw the benefit, that "government support would continue, but should be re-directed manner that serves the efficiency of the economy and raise its productivity and eliminate poverty, and targeting the poor and the development of production," following up "The appointments should be the other becomes the quality, according to the state a need for some of the important joints such as the judiciary and health and education, not about is open to all and sundry, "as he put it.

And went Economic Adviser to the Prime Minister, that "the state must balance through the provision of soft loans to unemployed young people," stressing that "oil revenues if you do not go to designate must go to the community to get them easily few and expensive to create small activities."

It is noteworthy that the Jordanian capital, Amman, has seen in the (28th March 2016), talks between Iraq and the experts of the International Monetary Fund, for revision control the Fund's staff for economic and financial policy program for Iraq and maximizing revenue and reducing public expenditure is necessary, in preparation for a loan worth $ 15 billion over three years.

The International Monetary Fund IMF: The International Monetary Fund, likely in, (the thirtieth of last March), the possibility of approval to lend Iraq $ 15 billion over three years, through next June, while between that will provide five billion of them to believe the rest other financial institutions and donors, he stressed that Iraq will receive five billion during the current year 2016, and the rest at the end of the agreement period.

It was Prime Minister for Economic Affairs Adviser, the appearance of Mohammed Saleh, has said, in the (third from March 2016), to document government reform depends on state-building and market adoption of the "smaller and stronger" government, and unveiled a plan pursued by the government for the development of the private sector by making it owns 55 percent of the value of gross domestic product by 2030, while between that there is a plan to ensure that workers in the private sector rights in cooperation with the international Monetary Fund, stressed the need to develop this sector to eliminate "parallel state".