Balanced budget


Dr.. In the name of Brahimi, classical economists emphasize in their theories of public finance on the balance of the budget and prepare it as a prerequisite for its success. Therefore, the preparation of a balanced general budget has long been a rule adopted by the countries, especially since the period of classical economic theories from the late 18th century until the beginning of the twentieth century was Is still one of the best stages in economic history in terms of stability and balance.
With the beginning of the thirties of the last century and the rise of the theories of the Kenzi theory, the economic balance became more important than the balance of accounting and thus it was possible to build public budgets deficit or surplus and according to the overall economic objective, which some described by saying: The economic Keynes transferred the science of public finance from the accounting framework to the
economic framework .
But governments moved the public budget from the political economy in particular, and this is due to the great distinction between the economy and politics in the budget position of what it represents a program of work for the government over the next year as defined by some and thus the goal of Keynesi was stripped of its goals by governments in
general.
The experience of preparing public budgets in Iraq does not depart far from the analytical visions that I mentioned. The memory is still full of great evidence over the past few years at the very least. The balance sheets have moved away from the accounting and economic balance. However, budgets have taken a long time in political consensus. Caesarean delivery is
mostly.
This reference is marketed and we are living these days laboring to approve the general budget for 2018 and I think it will move a lot between the government and parliament, and if the balance of accounting has become the past as well as inability to achieve because it was built with a deficit exceeded (22) trillion Iraqi dinars due to difficult economic and security conditions On the other hand, we set a goal to remove the economic imbalance.
Yes, there is an improvement in maximizing non-oil revenues in the budget, but the challenges at the internal level are still large as it is in the mobilization to reject the privatization of the collection of electricity and the external challenges by the international financial institutions also difficult in light of the importance of maintaining confidence in the Iraqi economy, This budget could be a new breakthrough .

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