November 18, 2010
Ministry of Planning: Iraq needs ten times what is allocated annually from the investment budget
Confirmed the Iraqi Planning Ministry, said Thursday that Iraq needs to ten times what is allocated at the present time within the investment budget annually, while calling for restructuring of the ration card and the transfer of funds to subsidies for farmers.
The Minister of Planning and Development Cooperation of Iraq, Ali Baban, in an interview for “Alsumaria News”, “What is annually appropriated from amounts within the investment budget in Iraq is very small, not enough for the reconstruction and revitalization of the economic process in Iraq.”
The doors that “Iraq needs to be ten times what is allocated at the present time amounts of investment in the Iraqi budget,” noting that “experts and international bodies and the competent Iraqi estimated the country’s needs for investment projects with half-trillion dollars.”
The doors to “The Iraqi government find it difficult to reduce the operating budget, mostly due to link the livelihood of the Iraqi citizen, such as salaries and the ration card,” asserting that “the salaries of staff and the ration card should be approaching them with caution because they affect the lives of Iraqi citizens directly.”
And reached the Iraqi budget for next year, 102.5 trillion Iraqi dinars, equivalent to U.S. $ 87 billion, and accounting for 75 trillion Iraqi dinars operating budget and the remaining balance investment, while the federal budget for the year 2010 more than 83 trillion dinars.
Baban pointed out that “the Iraqi state to suffer from sagging largely due to the presence of large numbers of workers non-producers in the departments,” noting that “to address the large budget, the annual operating comes through gradual processes, such as transferring the employee to an official product, and the restructuring of workers producers convert them gradually to the producers in the industry and agriculture. “
He went two doors that “the advancement of agricultural and industrial sectors will lead to the advancement of the Iraqi private sector, which in turn will absorb a large part of employment in the Iraqi state in parallel with foreign investment”, calling for a “restructuring of the ration card and the transfer of funds to subsidies for farmers, as well as money transfer network protection social projects to lend to small, and is used retirement funds in investment projects safe. “
The cabinet agreed during a meeting held, in the thirteenth of the month of October of last year, the federal budget for 2010 in the amount of time 83 trillion Iraqi dinars, including the supplementary budget for 2009, amounting to five trillion and 300 billion, was approved by the House of Representatives In January of last year, also asked the provinces to increase their share of the budget at the time.
http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.alsumarianews.com/ar/3/13772/news-details-.html&rurl=translate.google.ca
Confirmed the Iraqi Planning Ministry, said Thursday that Iraq needs to ten times what is allocated at the present time within the investment budget annually, while calling for restructuring of the ration card and the transfer of funds to subsidies for farmers.
The Minister of Planning and Development Cooperation of Iraq, Ali Baban, in an interview for “Alsumaria News”, “What is annually appropriated from amounts within the investment budget in Iraq is very small, not enough for the reconstruction and revitalization of the economic process in Iraq.”
The doors that “Iraq needs to be ten times what is allocated at the present time amounts of investment in the Iraqi budget,” noting that “experts and international bodies and the competent Iraqi estimated the country’s needs for investment projects with half-trillion dollars.”
The doors to “The Iraqi government find it difficult to reduce the operating budget, mostly due to link the livelihood of the Iraqi citizen, such as salaries and the ration card,” asserting that “the salaries of staff and the ration card should be approaching them with caution because they affect the lives of Iraqi citizens directly.”
And reached the Iraqi budget for next year, 102.5 trillion Iraqi dinars, equivalent to U.S. $ 87 billion, and accounting for 75 trillion Iraqi dinars operating budget and the remaining balance investment, while the federal budget for the year 2010 more than 83 trillion dinars.
Baban pointed out that “the Iraqi state to suffer from sagging largely due to the presence of large numbers of workers non-producers in the departments,” noting that “to address the large budget, the annual operating comes through gradual processes, such as transferring the employee to an official product, and the restructuring of workers producers convert them gradually to the producers in the industry and agriculture. “
He went two doors that “the advancement of agricultural and industrial sectors will lead to the advancement of the Iraqi private sector, which in turn will absorb a large part of employment in the Iraqi state in parallel with foreign investment”, calling for a “restructuring of the ration card and the transfer of funds to subsidies for farmers, as well as money transfer network protection social projects to lend to small, and is used retirement funds in investment projects safe. “
The cabinet agreed during a meeting held, in the thirteenth of the month of October of last year, the federal budget for 2010 in the amount of time 83 trillion Iraqi dinars, including the supplementary budget for 2009, amounting to five trillion and 300 billion, was approved by the House of Representatives In January of last year, also asked the provinces to increase their share of the budget at the time.
http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.alsumarianews.com/ar/3/13772/news-details-.html&rurl=translate.google.ca
