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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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Money Money
https://annabaa.org/arabic/economicarticles/17560
Money Money
Money Money
It is not new to the Iraqi street at this time of year that the differences are widening and the political and economic disputes are raging. He hears billions of dollars here and the trillions there, the privatization of the investment projects and the rhetoric about the next year's budget estimates, which promises all the desires of the street and wants, after being raised by the Ministry of Finance to the government and During which the parliament to discuss and vote or to return it again, if they need amendments.
The scene of the difference between the Iraqi governorates is repeated annually on the method and mechanism of calculating the proportions of the provinces and the region, it is said that the proportion of the population in that province more than others did not monitor them other than crumbs, and some of them see that the good is all from here where the neglect of government and in terms of not see Except for the columns of smoke rising from the oil wells, which left behind only pollution and diseases, and there are those who see that the devastation in his province was preceded by destruction and has been monitored only a little less, and this scene is repeated each year between the dragging length and who dragged a show.
This year is characterized by two factors that make it different from other years. The first is the surge in popular demonstrations last summer in many provinces demanding the provision of basic services and job opportunities and reducing unemployment, in a way that signals the patient's impatience and failure to believe the government promises on this subject.
The second factor is Mr. Adel Abdul Mahdi on the government pyramid, which is famous for the Academy in the economy and put it to a broad government program that ensures most of the economic problems that faced Iraq not only in this period but also since 2003 and until now with promises to find appropriate solutions and change the political and economic reality And the hope of good many experts and researchers and interested in economic affairs, and perhaps the author of these lines was one of the optimists and advocates of economic government aware of the magnitude of the chaos that pervades the economic and political situation of Iraq, I do not know whether we still have the right to optimism? Was it the beginning as we hoped it would be ??
Any quick reading of the draft budget of 2019 can ask many questions about the extent of its reality? Even if it carries the required development goals? I do not want to delve into the details of the figures and the items of this draft. This is something that the article can not, but I would like to point to something very important, the real economic outlook of the budget and its actual purpose.
The budget in its scientific and academic concept is a plan that includes estimates of revenues and public expenditures for a period that is often a year. However, this expenditure is one of the main ways to rationalize expenditures and achieve the public benefit expected from criticism, and has precise goals that are not justified unless they are intended to satisfy the public need and achieve, taking into account the good measure and not waste and extravagance, which in turn means away from expenses As well as the need to ensure the economic and social benefits of public welfare.
It can not be treated in any way as a cash money that is opened every year to fill only the bellies, or as a cave of treasures that open every year to the masked men after they say Open Sesame, but an annual statement of spending on projects and plans of action seeking to bring about economic development Stability of the macro economy, strengthening of the financial situation, reducing volatility in public expenditure and establishing projects that are working to reduce unemployment.
Although the budget is one year, it is considered an integral part of the previous and subsequent budgets of the annual plan to form a medium-term period of five years, and a guide to government spending aimed at the development of agricultural sectors, industrial and productive and transfer and other sectors of government, which remained only their names and this is what we did not find We have not read it in the draft budget of 2019 nor in any previous budget, it is still the case as we have previously known and still the biggest concern is to spend money monies ... just spend !!! It does not matter where and why and what the goals and results are, which does not mean balancing the thing or at least that's what it wants.
Iraq stands today at a crossroads between catching up with the countries that preceded it financially, administratively, industrially, and agriculture, or to survive and live the same experiment that proved its failure and inability to build a real economy based on scientific data and to establish sustainable development through a real budget that puts the construction into an industrial and agricultural reality In front of her eyes as a main goal of any future government budget.
* Economic Researcher
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Re: Money Money
I would say it’s put up or shut up time...we all know they won’t shut up so just maybe with a push from the World Bank , IMF ,UN , THE EUROPEAN UNION, THE USA , RUSSINA AND CHINA THEY JUST MIGHT DO THE RIGHT THING
Jimplants- Active Member
- Posts : 96
Join date : 2018-12-06
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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