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The general budget of the Republic of Iraq 2013 where economic program DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

The general budget of the Republic of Iraq 2013 where economic program

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The general budget of the Republic of Iraq 2013 where economic program Empty The general budget of the Republic of Iraq 2013 where economic program

Post by IQD4US on Mon Dec 24, 2012 12:31 am

Dr. Salam smeisim
Data:
First: the Constitution and the transition to a market economy
II: oil:
Source of funding not only basis
Third: budget tab and the ideology of public spending in Iraq
IV: economic reform programmes Iraq agreements with the International Monetary Fund and the World Bank
VA: Government support policies between the imperatives of political economy and international agreements
First Iraqi Constitution:
Second: economic, social and cultural rights
Article (22)
First: work is a right for all Iraqis, ensuring them a decent life.
Second: the law regulates the relation between employees and employers on an economic basis, taking into account the rules of social justice.
Third: the State guarantees the right to establish trade unions and professional associations, or join, and regulated by law.
Article (23)
First: private property is inviolable, and the owner has the right to use and exploit them and their disposal, within the law.
Secondly: it is not permissible to expropriation for public utility for fair compensation, and regulated by law.
III: the Iraqi's right to ownership anywhere in Iraq, no other non-movable, except those exempted by law.
(B) prohibit the possession for the purposes of population change. Article (24) the State ensures the freedom of movement of labour, goods and Iraqi capital between the regions and governorates, and regulated by law. Article (25) the State ensures the Iraqi economy according to modern economic foundations and ensure full investment of its resources, diversifying sources, and encourage the private sector and development. Article (26) the State ensures the promotion of investments in various sectors, and regulated by law. Article (27)
First: for the General inviolability of funds, and protection is the duty of every citizen.
II: governing law, provisions for the conservation and management of State property and the conditions of disposal, and the border that there shall be no subordination of any of these funds. Article (28)
First: do not impose taxes and fees, and are not adjusted, and levy, and does not exempt them, but the law
II: low-earners are exempt from taxation, to ensure that without prejudice to the minimum necessary for subsistence, and regulated by law
II: oil: almost the only source of financing the Iraqi budget noted table (2)
1 basic assumption estimates found
The following table contains a summary of the basic assumptions used in the construction of the strategic estimate including forecast oil prices and export volumes and currency exchange rate and inflation.
Table 2. Assumptions underlying projections II: oil:
And almost the only source of financing the Iraqi budget noted table (2)
1 basic assumption estimates found
The following table contains a summary of the basic assumptions used in the construction of the strategic estimate including forecast oil prices and export volumes and currency exchange rate and inflation.
Table 2. Assumptions underlying projections
High individuals 2012 2013
Assuming price the petroleum $ 85 $ 90
Assuming the volume of oil 4000000 2900000
The exchange rate of each States JD 1170 1166
Consumer price index 5% 7.5%
GDP in current prices 168163 191981
Population-million 32 362 34.41
The budget depends on the price of $ 90 a barrel oil source in/2013 and is a conservative rate similar to previous years budgets. This is in line with the Government's policy to reduce the risk of falling prices is to be expected. This estimate is consistent with the assumptions of the Organization of petroleum exporting countries (OPEC) issued in 2010, and through the year 2030 and that put the long-term price of oil ranged from 85 €-90 € per barrel. And this principle lies in moving away from a policy of prosecuting the minimum price for oil. If they be proved to impossible audit experience to world oil prices and the differences between the price adopted in the budgets of the past and the actual price for a large export of these differences led to resort to supplementary budgets. These in turn have led to confusion over the financial management of the State and were not reflected positively on investments due to a delay in ratification. On the contrary, the policy of prosecution of oil prices since 2007 to increase in current expenditures and investment budgets of others left unspent from year to year. With the decline of oil prices in 2008 as a result of the financial crisis (economic) world has not been possible to reduce operating expenses, but the Government was forced to reduce the investment and the issuance of deficit budgets. Wage compensation amounted to approximately one third (34 & # 1642;) Of the total expenditures in 2012, highlighting the difficulty of dealing with the current expenditure of the budget, where it is difficult to modify and reduce costs with falling oil prices. The budget proposes to allocate the actual surplus achieved during the fiscal year to build reserves for Iraqi Development Fund as the basis for deficit financing source yield for that year, particularly if oil prices from the price estimate or other shocks so adversely affected the balance of payments. And the rest to pay off debt and outstanding obligations and the financing of investment projects by absorptive capacity.
Third: budget tab and the ideology of public spending in Iraq
-1-1 goals
Budget objectives are derived from government policies included in error by the Prime Minister, the first meeting of the Government of national partnership on 22/12/2010 and the 2011 budget and the national development plan issued in May 2010 and the strategy against poverty issued in November 2009 as the General State budget today became an expression of the philosophy and approach of the State to the capital of the financial policy and the consequent economic objectives and policies and financial and social the Iraqi budget stand behind aidoiologih and structural change in the political mnghh and change targets adopted In a building and flew the advancement, development and provision of services and infrastructure and promote economic activity on new foundations that the large gear and multiple priorities, redneck and structural collapses backlogs in all areas makes it difficult to place a specific allocation of resources to meet all needs and requirements, and it has to be arranged with priority so as to address the challenges of the most necessary needs which have been through extensive discussions by the Committee for the federal budget year strategy/2013 والتيوضعتاطارالاسسومبادئيقومعليهااعدادالموازنهالعامهوهومااعتمدناهفيبناءاتجاهاتهاوتخصيصاتهاواوجهانفاقها 1-1-2 the foundations and principles of preparation For in the light of the Government's priorities
First a bid due importance in expanding construction projects and development set up in/2013 or (39.8%) Of the total budget.
II calculated crude oil export revenues based on (90) States of the barrel at the Ministry of oil and the Organization (OPEC) experts considered the petroleum and oil market studies wemnghh s continuing plan to increase production of crude oil and oil derivatives and increased production of electric energy in energy sector grew (44%) In/2013 compared with year/2012 which is a (21.3%) Of the total federal budget of the year/2013 ntighadrag following programs:-increasing production and improving the quality of oil and gas storage and transportation systems qualification and export electricity sector reform increased the production of electric power
III give priority to achieving security and stability and the provision of supplies make security plans that will support national reconciliation through ...
1. increased security for Iraqi citizens.
2. increased security for basic services.
3. increased security for oil production.
4. the professionalization of the army and security.
As the year grew/2013 (14.7%) For customizations in 2012 as a result of the Government's allocation percentage (3%) Of the total federal budget of the year/2013 for the purpose of ensuring capacity-building programme and arming and equipping the Iraqi army to all groupings: land, air and sea, starting in/2013 and a formed (14.2%) Of the total budget estimates in 2013
IV endogenous capacity-building for ministries, departments and public bodies and companies to the State for the purpose of upgrading Iraqi citizens living through ...
1. capacity development and acquisition of skills for all levels of State employees.
2. expansion of institutional health care.
3. expand preventive health care.
4. upgrading of higher education and scientific research.
5. providing and improving water and sanitation.
6. improving the living environment.
7. the rehabilitation and expansion of religious places, cultural entertainment.))
Operating budget:
Operating expenses:
Staff compensation still included salaries, wages and emoluments Board occupies the bulk 52.4% Note that only 11% of pensions. Paragraphs that point support and protection are still within reasonable economic ratios, interest 11% grants 3.4% 3.9% grants social benefits 8.3% and the negative growth rates are most notably benefits, other than a social benefits are positive rates grew by 18.5% and rates policy has reduced government support can also be indications above. Through grants and scholarships.
Investment budget:
Investment projects constitute 16% of the total expenditure and this very small percentage.
Investment projects for the development and reconstruction of the territories provinces constituted 6.2% by decline of-4%
Government investment allocations have been increased in the electricity sector increased by 28% to become the investment expenses for electricity sector 4.4%
Developed by investments in the oil sector by 69%, which is a good sign.
IV: economic reform programmes Iraq agreements with the International Monetary Fund and World Bank member in Iraq of the International Monetary Fund and International Bank since their inception under the britroodzvi in 1947 and formed the group that Iraq currently belongs to the Fund from the following States (Bahrain, Egypt, Jordan, Kuwait, Lebanon, Maldives, Oman, Qatar, Syria, Yemen, UAE) either in Bank Arabic Iraq belongs to the group. Iraq has regained full membership in the International Monetary Fund and the World Bank ynmenkhl the Iraqi delegation in attendance withdrew to Iraq joint annual meetings dealing with a number of economic and financial issues and cash. Iraq also returned to occupy the seat within a twenty-four as an observer after missing for more than a decade of time and participated in these meetings at two levels:
1. the level of House of representatives
2. the ministerial level.
So demanded Iraq with the support of the international community, particularly the Group of developing countries to get rid of their debts to the specialist private financing for development but to finance the wars ignited by the former regime. Under such earnest meetings of the Executive Board of IMF emergency assistance programme for post-war Iraq, which allows Iraq to obtain a loan in an amount equal to (25%) Of the share of special drawing rights amounting to approximately (436) million dollars to build the Iraqi economy and its institutions and autonomous capabilities that Convention is a first step towards the integration of Iraq into the international financial institutions, restore position in the Fund and helped Iraq in its negotiations with the Paris Club. كماانهامؤشرعظيمفيتعاونالمؤسساتالماليهالدوليهوالمجتمعالعراقيبرمتهلاستعادهالعراقمكانتهالدوليهالتيكانعليها. Iraq has the second loan in the amount of $ (685) Mellon under the SA BA. kmatalbalarakbdrorhtkoihalalakhbinalbnkaldolioozarhalmalihalarakihotosiaaldamalvnillarak because of assurances the Iraqi delegation who attended the 2004 meetings on Iraq should benefit from loans made by the Bank (4.4/5) billion dollars and private loan T D A because of its conditions for simple so Iraq could take advantage of the loan above $ 500 million and that Iraq can benefit from it because of the simple terms where not carrying utility and it's (0-5%) Administrative fees and grace (10) years and payment of up to 30 years. While many economists supported the idea of Iraq's access to soft loans, but be aware that the rules on borrowing from the International Monetary Fund and the World Bank provides the following:
1. technical and economic assessment of the project awarded her for a loan.
2. the project is located within nalaoloiat in economic development plan for the country of the borrower.
3. project to be managed efficiently in implementing and operational periods together.
These indicators are good welabas for the selection of economic projects and the way they work and the extent of benefit from some observers and researchers take on the following observations:
And is that the methods adopted by the International Monetary Fund and the World Bank denies the application of their policies, as follows:
First: the absolute dependence on privatization whenever possible that privatizing enterprises and projects and pressures exerted on Governments to withdraw support for the services sectors (water, electricity, etc.) and fuel and food that the pressures and lead to economic and social crises and even many political, including for example bread revolution vitonso alardno revolution in Yemen as it resulted in the emergence of a type of grass called the rebel movements (the IMF uprisings) as if she knew him Argentina 2001 demonstrations and Haiti in 2004 and others.
Second, institutions need to reform structures which have not changed since more than half a century, you must insert the human touch it where to save its reputation that it has even become the emblem of sdakitha spoke of the fight against poverty and support the development of poor people doesn't mean anything today.
Third: that the application of the directives of the World Bank and the International Monetary Fund gave disastrous results in both Africa and Latin America, where the population living level to serious degradation as follows:
A.-in price.
B. disappearance of services.
C. review supporting vital facilities in the area of health and education
And some suggest to alleviate harsh conditions for a Fund of cash and International Bank:
1. payment of debts by taking advantage of high oil prices for the ore to 90 dolarallbrmilokmavaltaladidmndolamirkaallatinihohtidolasiaalshrkihosolaalirosia.
2. take advantage of rich States loans as China and Venezuela, among others.
3. formation of banks and regional institutions as new models like the banks that do him some Latin American countries such as Bolivia, Nicaragua and Ecuador that is now seeking to establish rules (South Bank)......
Government support policies between the imperatives of the economy the political and international commitments and agreements contributions to international debt, this sector has grown apart from General/2013 (9.9%) For customizations in 2012 and a total (7.4%) Of the total federal budget of the year/2013 for the purpose of enabling us to make the following commitments:
1. benefits and premiums arising from bank loans and the International Monetary Fund and other loans.
2. benefits of Treasury remittances versions of old and new.
3. the benefits of private sector debt securities abroad.
4. benefits and premiums resulting from the bilateral agreements with the Paris Club countries and countries outside the Paris Club.
5. damages a war for Kuwait.
6. settlement of small debts to the private sector abroad.
7. settlement of private benefits by 9/4/2003.
8. settlement of debt of Iraqi Airways.
Fiscal policy and the formulation of the general budget...... To where? Where the economic program? We are still looking for an economic programme ... ... .... To no avail!!!!! Table (1)
Thus the proportion of capital expenditures reached the highest levels in 2012 and 32% in the sense that they are still few and a few compared to the operational expenses


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The general budget of the Republic of Iraq 2013 where economic program Empty Re: The general budget of the Republic of Iraq 2013 where economic program

Post by Terbo56 on Mon Dec 24, 2012 9:30 am

IQD4US- Have a very Merry Christmas- Best wishes to you and yours!The general budget of the Republic of Iraq 2013 where economic program 369611The general budget of the Republic of Iraq 2013 where economic program 1913879007
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The general budget of the Republic of Iraq 2013 where economic program Empty Re: The general budget of the Republic of Iraq 2013 where economic program

Post by IQD4US on Mon Dec 24, 2012 11:37 am

You found that one a bit long like I did huh? Still deciphering - but your right...time to get in the Holiday spirit.

Have one more item to buy - leaving now...and won't the spouse be surprised, although they work Christmas Day.

May you and yours enjoy the companionship of the day, build memories to hold for the future, and may it be peaceful and calm.

Thank you Terbo!



The general budget of the Republic of Iraq 2013 where economic program 2967169680The general budget of the Republic of Iraq 2013 where economic program 46442599The general budget of the Republic of Iraq 2013 where economic program 2295473833The general budget of the Republic of Iraq 2013 where economic program 1913879007
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