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nformation / special / ..
The parliamentary finance committee, revealed Wednesday that the federal budget for the current year deficit of $ 74 billion of the $ 94 billion is the budget, stressing that the budget has not been published in the Official Gazette until now.
He said committee member Abdul Qader Mohammed told / information /, "The current year budget in 2016 is still just words on paper did not apply its provisions yet," noting that "the draft budget did not now be published in the official newspaper the facts."
"The budget deficit of $ 74 billion of the $ 94 billion is in the general federal country's budget," stressing that "it is supposed to government and related parties should make more effort and seriousness to resolve the outstanding and recurrent cases per year when initiating the preparation of the budget."
He pointed out that Mohammed "a surging budget deficit leads to the need to emphasize the proper planning of the budget and in the early adoption of adequate transparency in their resources and all aspects of exchange and direct resources in order to achieve a real balanced and sustainable development."
It is noteworthy that Iraq is witnessing a severe financial crisis after the fall in oil prices significantly large deficit in the balance of the year 2016, all this with the high costs of the war on terror for the Liberation of Albulad.anthy / 25
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Iraq decides to contract with General Electric for the maintenance of electrical stations
Iraq's cabinet decided at a meeting held Wednesday to grant the Ministry of Electricity right to contract with the American company "General Electric" for the maintenance of electric power plants in full throughout the country.
A spokesman for the Ministry of Electricity Musab teacher told the "Radio Sawa" The number of obstetric units and 56 units, in 14 sites in Baghdad and the provinces.
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Abadi heading to Switzerland to participate in the Davos Forum
Directed Prime Minister Haider al-Abadi, Wednesday, to Switzerland to participate in the Davos World Economic Forum.
He said the Information Office of the devotional in a press release, "the Iraqi situation," received a copy of it, "Prime Minister Haider al-Abadi went to the Swiss city of Davos for the World Economic Forum."
The statement added that "the meetings the prime minister and his conversations in the Forum will focus on the challenges experienced by Iraq of a challenging economic and financial result of the collapse of oil prices with the fight Iraq a fierce war against terrorist organizations and achieve big wins represented the liberalization of large tracts of Iraqi territory, it will also include meetings encourage companies Global investment in Iraq. "
And it was launched on Wednesday, the work of the Davos Economic Forum in Switzerland, and take part in the Davos forum more than 2,500 of the most important decision-makers in the world's heads of state and government as well as ministers and owners of companies and artists.
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Economic Analyst: the dollar against the Iraqi dinar is not the real price
So come on CBI get to your reality rate
aghdad - where]
said economic analyst David Zayer said the US dollar against the Iraqi dinar in the country, not the real price.
said economic analyst David Zayer said the US dollar against the Iraqi dinar in the country, not the real price.
Said Zayer told all of Iraq [where], that "the dollar exchange rate since 10 years is supported by the central bank, a dollar pumped into the market determines the price, this is not the real price, and is supposed to be now costs 1500 dinars to the dollar."
He said Zayer that "the decline of the dinar against the dollar is the beginning of its collapse under the difficult financial situation of the country, because there was enough money to support the dinar and now that the lack of funds began the real exchange rate shows."
He noted that "should the government raise support for the dinar, and that depends on the real price in the market, in order to avoid depletion of the currency commodity uneconomical and shows the reality of the dinar real strength.
"The economist Ahmad Kanani, attributed the rise in the dollar's exchange rate against the Iraqi dinar, to non-possession of the Central Bank of Iraq sufficient liquidity to cover the market needs Local him [the dollar].
saw the domestic market during the past ten days at prices fluctuation of the dollar against the dinar, where he arrived the exchange rate in the past few days in 1227 dinars to the dollar [127 000 dinars per hundred dollars] .anth
He said Zayer that "the decline of the dinar against the dollar is the beginning of its collapse under the difficult financial situation of the country, because there was enough money to support the dinar and now that the lack of funds began the real exchange rate shows."
He noted that "should the government raise support for the dinar, and that depends on the real price in the market, in order to avoid depletion of the currency commodity uneconomical and shows the reality of the dinar real strength.
"The economist Ahmad Kanani, attributed the rise in the dollar's exchange rate against the Iraqi dinar, to non-possession of the Central Bank of Iraq sufficient liquidity to cover the market needs Local him [the dollar].
saw the domestic market during the past ten days at prices fluctuation of the dollar against the dinar, where he arrived the exchange rate in the past few days in 1227 dinars to the dollar [127 000 dinars per hundred dollars] .anth
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