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What is the real refusal of the International Monetary Fund to balance Iraq 2018 ?? DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

What is the real refusal of the International Monetary Fund to balance Iraq 2018 ??

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What is the real refusal of the International Monetary Fund to balance Iraq 2018 ?? Empty What is the real refusal of the International Monetary Fund to balance Iraq 2018 ??

Post by RamblerNash Mon Mar 12, 2018 11:15 pm

What is the real refusal of the International Monetary Fund to balance Iraq 2018 ??

What is the real refusal of the International Monetary Fund to balance Iraq 2018 ?? Image

12-03-2018 09:56 AM

Baghdad News -
 
 
The government of Baghdad denied news of the International Monetary Fund's rejection of the budget in 2018, while deputies considered that the non-ratification of the President of the Republic of the law is not important, it will be considered effective after 15 days. Local media circulated a statement to the adviser of former Prime Minister Salam Samisem, in which she spoke of "the International Monetary Fund's rejection of the 2018 budget law."

"The International Monetary Fund announced its rejection of the budget in 2018 because it was contrary to the agreement with Iraq, which obliges the state to implement a set of conditions, including the abolition of jobs and the addition of financial burdens on the budget."

He added that «the inclusion of the budget by the government and parliament decisions to install contracts and the renewal of their contracts and other financial burdens, which prompted the Monetary Fund to reject the budget», noting that «decisions of the Iraqi government and parliament accelerated for electoral propaganda». The Iraqi Council of Representatives voted in the current 3 on the federal budget law.

"The budget was approved in accordance with the legal relations between the institutions of the Iraqi state from the government and parliament, and everything contained therein does not contradict with the conditions of the International Monetary Fund."

The government announced its need for a period of 15 days to study the amendments that were added to the law before it was decided to appeal it or not.

"The World Bank or the International Monetary Fund does not have the decision to accept or revoke the budget law or any other law, and all they have is the establishment of special criteria to urge the Iraqi government to implement them, because they are the authority," said Noura Salem al-Bajari, vice-president of the parliamentary economy and investment committee. Guarantor of foreign loans obtained by Iraq from countries or banks or international financial companies ».

"The International Monetary Fund has already met with representatives of the Ministry of Finance and Planning and the government and deputies of the Finance Committee in the Jordanian capital Amman, to agree on some of the criteria that will include the budget, including reducing support rates and strengthen resources and increase the means to attract investors, and continue the policy of austerity or reduce the volume of spending through Mechanisms including non-expansion of government and other appointments ».

On the reasons why the Presidency of the Republic did not ratify the law so far, Al-Bijari said that «the Constitution provided that any law voted on is effective after 15 days of his arrival to the presidency».

The Iraqi Council of Representatives approved the final draft of the federal budget for the current year, worth $ 88.5 billion, with a deficit of $ 10 billion.

Prime Minister Haider al-Abadi described the next budget as "austerity", directed to reduce government expenditures for the presidencies and ministries and to ensure the wages and salaries of employees.

http://www.baghdadnews.info/index.php?page=article&id=33619
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