
28/02/2011
The budget and the required growth
Hassan al-Rubaie
Is the federal budget for 2011 approved by the House of Representatives in the twentieth of February, the country's largest budget in its history is included by an estimated more than 80 thousand billion dinars, and an expense more than 96 thousand billion dinars, up to a deficit of about 15 thousand billion dinars.
Budget is divided between the two main doors door operating appropriations estimated 66 thousand billion dinars, the investment section devoted to him about 30 thousand billion dinars, the door in place in advance the country's economic growth and improve the services and the establishment of projects and enhancing employment opportunities and production.
Regardless of the major revenue sources to balance being a known or new when you mentioned the debate, the inevitable for two-way important first is the possibility of the budget and its role in achieving growth rates required and what is forecasted levels by the investment amount allocated to construct the investment referred to above, the second what is the size of the driver that will be achieved During the year 2011 compared to unemployment rates and numbers in the community, it would limit the budget of the creep and the presence of unemployed in the streets as well as the levels of services to be provided it will improve compared to the size appropriate amounts allocated to the sectors of service on this matter.
It may be useful to recall that the countries of economies of living is constantly striving to develop standards to the financial authorities to deal with social phenomena such as poverty, unemployment, class differences and social welfare systems and the rates of inflation and other.
To guide annual budgets etc and find the rules needed reform is also alert planners fiscal and monetary policies for the growth rates required annual in order to find a transfer is required according to these indicators and preference Alaloloyat according to this account and probably took the budget in 2011 this matter into consideration and increased allocations of funds to social welfare, compensation and displacement and migration as came allocations support social strata came in second place after the defense and security and if the addition of the ration card allocations, aid, and the doors of support to other sectors, it will occupy the first place and acquires the bulk of public revenue and that means it was given to the people and services, is a procedure that obtains for the first time in this capacity over the past years Perhaps the heat of the events and revolutions of the hungry cast a shadow on the subject was not to be of interest in anticipation of this and a hedge against escalation and aggravation of poverty, it seems that the legislator and the chart were not in front of spaces of great options or is this technique has been groping for his excuse when dealing with the situation as a circumstance emergency must be respond to the requirements.
But everyone knows that the annual budgets in both its operational and investment programs are annual investment of reliable during the year measured in the end, to what extent the targets both in terms of improving living standards, services or job creation, growth rates, it should not finalize the budget 2011 of these contents because it is important
In addition to trends The important thing is what will achieve in terms of growth and the expected rate that you need it will meet or address the failures faced by the productive sectors which have or the requirements of development and not restrict the oil sector savior of the economic problems usually must be re-examine the reality of operating and to ensure improved and the reality of living and is not intended to feed the hungry dam ready money, and without actual production.
That the budget of this size capable of transfer of Iraq to the ranks of developed nations is superior to all the budgets of the surrounding countries, except Saudi Arabia that is required to see the great achievements and large investment projects and the trend towards actual production, the fact that financial resources of this size and abundant human resources and energies of oil and gas not only need to run an effective staging bases and scientific design and precise calculations of the priorities for it at the end of the matter is that the wheel would move the economy and contribute to the diversification of income and not to focus on a single channel, as is the case. As well as to be re-considered accounts of emergency funding seems to be the amount allocated in the budget, not the Chief and the same administration has done the central bank to raise cash reserves in order to control the price of the currency must do the financial authority likewise increased numbers and sizes of funds to the emergency in order to control at the helm of the ship and to harness the money for projects, strategic actors future implementation may lead to lay off huge numbers at the level of social benefits and aid the unemployed and others.
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The budget and the required growth
Hassan al-Rubaie
Is the federal budget for 2011 approved by the House of Representatives in the twentieth of February, the country's largest budget in its history is included by an estimated more than 80 thousand billion dinars, and an expense more than 96 thousand billion dinars, up to a deficit of about 15 thousand billion dinars.
Budget is divided between the two main doors door operating appropriations estimated 66 thousand billion dinars, the investment section devoted to him about 30 thousand billion dinars, the door in place in advance the country's economic growth and improve the services and the establishment of projects and enhancing employment opportunities and production.
Regardless of the major revenue sources to balance being a known or new when you mentioned the debate, the inevitable for two-way important first is the possibility of the budget and its role in achieving growth rates required and what is forecasted levels by the investment amount allocated to construct the investment referred to above, the second what is the size of the driver that will be achieved During the year 2011 compared to unemployment rates and numbers in the community, it would limit the budget of the creep and the presence of unemployed in the streets as well as the levels of services to be provided it will improve compared to the size appropriate amounts allocated to the sectors of service on this matter.
It may be useful to recall that the countries of economies of living is constantly striving to develop standards to the financial authorities to deal with social phenomena such as poverty, unemployment, class differences and social welfare systems and the rates of inflation and other.
To guide annual budgets etc and find the rules needed reform is also alert planners fiscal and monetary policies for the growth rates required annual in order to find a transfer is required according to these indicators and preference Alaloloyat according to this account and probably took the budget in 2011 this matter into consideration and increased allocations of funds to social welfare, compensation and displacement and migration as came allocations support social strata came in second place after the defense and security and if the addition of the ration card allocations, aid, and the doors of support to other sectors, it will occupy the first place and acquires the bulk of public revenue and that means it was given to the people and services, is a procedure that obtains for the first time in this capacity over the past years Perhaps the heat of the events and revolutions of the hungry cast a shadow on the subject was not to be of interest in anticipation of this and a hedge against escalation and aggravation of poverty, it seems that the legislator and the chart were not in front of spaces of great options or is this technique has been groping for his excuse when dealing with the situation as a circumstance emergency must be respond to the requirements.
But everyone knows that the annual budgets in both its operational and investment programs are annual investment of reliable during the year measured in the end, to what extent the targets both in terms of improving living standards, services or job creation, growth rates, it should not finalize the budget 2011 of these contents because it is important
In addition to trends The important thing is what will achieve in terms of growth and the expected rate that you need it will meet or address the failures faced by the productive sectors which have or the requirements of development and not restrict the oil sector savior of the economic problems usually must be re-examine the reality of operating and to ensure improved and the reality of living and is not intended to feed the hungry dam ready money, and without actual production.
That the budget of this size capable of transfer of Iraq to the ranks of developed nations is superior to all the budgets of the surrounding countries, except Saudi Arabia that is required to see the great achievements and large investment projects and the trend towards actual production, the fact that financial resources of this size and abundant human resources and energies of oil and gas not only need to run an effective staging bases and scientific design and precise calculations of the priorities for it at the end of the matter is that the wheel would move the economy and contribute to the diversification of income and not to focus on a single channel, as is the case. As well as to be re-considered accounts of emergency funding seems to be the amount allocated in the budget, not the Chief and the same administration has done the central bank to raise cash reserves in order to control the price of the currency must do the financial authority likewise increased numbers and sizes of funds to the emergency in order to control at the helm of the ship and to harness the money for projects, strategic actors future implementation may lead to lay off huge numbers at the level of social benefits and aid the unemployed and others.
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