Millionday News 9/26/14 Part 1
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Millionday says THIS IS LONG BUT MASSIVE IN INFORMATION SO ENJOY IT IS WORTH IT
Millionday K HERE WE GO
Millionday Facing the current government more of a challenge, we Tachireha, including that of this government, but provided economic program acceptable and clear, represents the need to continue to support the transition towards a market economy and a commitment to economic reforms consistent with the orientations of international organizations,
Millionday: As that of the most difficult programs that can be applied, are programs that coalition governments, or "acceptability" or "participation", these are often large and compromise, meant to meet the demands of large segments, may be conflicting or contradictory,
which could stand barrier in determining priorities Anvaqah versus another can be deferred, or is considered less important, and here we become in front of a broad program requires enormous resources, so that implementation of incomplete or not to implement any of its parts successfully.
Millionday: NOTE -- WITH THE NEW EXPENSES TO RID THE WORLD OF DAASH AND ALL TERRORIST GROUPS IS CAUSING SOME SHIFTING IN MONIES
Millionday: One of the challenges facing the government is in the process drawing priorities the spending, is the difficulty of security and humanitarian situation, and this is what will represent the forestry on the government so that they can sacrifice some of their economic programs,
whether consumer or investment versus meet immediate needs, which is known in the literature as the "realities of the economic ", as it is, regardless of the orientation state and Oadeugetha Regardless of the strategies, the factual circumstances and the vessels Khdot economic or humanitarian crisis,
requires that these conditions can be included in the spending priorities, which is exactly what faces the beginning of government-Abadi, requiring it to increase spending on security
Millionday: NOTE -- REMEMBER THE BUDGET IS TO BE DONE AND THEN THE MONEY IS DISTRIBUTED THAT CBI HOLDS FOR ITS FUNDING PER THE BUDGET VOTED IN BY PARLIAMENT
Millionday: The defense, in addition to spending on humanitarian needs of displaced people enriched by Zaida in the proportions of spending on ministries such as (Displacement and Migration, Health, Education, Human Rights ..), that it is necessary alarm here,
that the previous budgets were not also take into account the principle of priority in spending, with neglecting the great issues of investment spending, real interest in aspects of the consumer, as it was the purpose of many of them Ssayasa- election rather than for the purposes of economic and social, which is known as the "political spending", which have been used public money for the purposes of serving the ruling parties.
Millionday: NOTE -- THE PAST BUDGETS TRYING TO GET PASSED FOR GOVERNMENT SPENDING BUT, THIS BUDGET HAS TO INCLUDE MOSTLY DEFENSE AND CITIZEN NEEDS.
Millionday: The legacy of bad that you received the current government, make an interview, Dr. Haider Abadi; he presents his economic program in front of the House of Representatives, about to proceed with the reform and support the market economy and attracting foreign investment,
and integration in accordance with the decisions of international organizations, is more difficult and needs to work hard in order to achieve , Valadbeat economic indicate that the uncertainty of reform policies in place,
especially in the case of continued failure of these policies in the past, makes investors; whether local or foreign, are putting into account this uncertainty as one of the most important determinants of investment
Millionday: NOTE -- FOLLOWING THE MALIKI INTENTIONS IS HARD FOR ABADI DUE TO THE NEEDS OF INVESTMENT AND THE LACK OF CONFIDENCE THAT IS STILL AN ISSUE BECAUSE OF HIS LACK OF SUPPORT AND PRODUCTIVE WORK
Millionday: NOTE -- NOTICE THAT ABADI IS PUTTING THE BUDGET IN FRONT OF PARLIAMENT ABOUT TO PROCEED WITH THE ECONOMIC REFORM AND
THE MOVE TO A MARKET ECONOMY AND THAT MEANS THE DINAR FOR SALE AS WELL AT A REALITY PRICE TO THE INTERNATIONAL COMMUNITY ACCORDING TO INTERNATIONAL ECONOMIC 101
Millionday: where there is a fear of them decline Governments commitment to its policies of reform and a return to the previous policy, which is not bound to put into consideration in the case of the Iraqi economy, especially if there is a comprehensive review of get far,
though the top votes "representative" of many calls to renounce the policies of reform and the recommendations of the IMF and the World Bank, and return to strengthening the role of the State Economic and find formulas to participate,
due to the failure of these programs, and the lack of suitability of social conditions and the internal environment and the high rents of the Iraqi economy
Millionday: NOTE -- THIS JUST SIMPLY MEANS THAT THERE IS NATURAL FEAR THAT THE COUNTRY WONT BE TRUSTED OF I SHOULD SAY GOVERNMENT IN NOT GOING BACK TO PREVIOUS INEFFECTIVE ECONOMIC POLICIES BOTH FOR THE INTERNATIONAL AND DOMESTIC COMMUNITY
Millionday: Another challenge faced by the current government, which is in the process of designing its Alanvaqa and priorities, is the respect of the financial resources available, setting aside the rentier high for the economy and the continuation of oil prices for the above 90 dollars,
but that the current political conditions due to the provinces usurped and declining rates of production and export, and the concomitant interruption is an important part of the oil revenues of the Government Center, due to suspension of pumping through the Kirkuk,
and the continuation of the dispute oil between the center and the Kurdistan Region researcher for self-determination, led to the continuation of the challenge of Iraq will face a shortfall of real budget, projected that the estimated deficit for the first time since 2003, can be to turn into a deficit is real and not just the schem
Millionday: NOTE -- THEY WILL AT THE PRICE OF OIL HAVE A DEFICIT WHICH WOULD NOT HAVE OCCURED IN THE PAST BUT, THEY ARE HAVING TO APPLY ONE IN ORDER TO MOVE FORWARD WITH THE PRODUCTION AT THE LOW IT IS PRESENTLY
Millionday: From here, the proceedings will go towards setting quantitative targets would increase the budget deficit figures for the year 2015, and after that was the strategy of the federal budget from 2013 to 2015 indicate that plans are moving
because oil exports are up to (3.5,3.7) million barrels daily for the years (2014 0.2015), respectively, and the inability of the scheme in the budget, down from 3.5 in 2014 to 2.5 trillion for 2015
Millionday: On the other hand, not away from it, weakening the ability of the authors of the budget figures to translate visions that you can put cabins government under the current circumstances,
allowing the order of priorities properly and away from traditional methods, which often lead to waste a lot of resources and the inability to control public spending, which represents another challenge,
the government Abadi move toward a reformed, especially the Ministry of Finance being located at the top of the pyramid of the authorities who are preparing and preparation of the budget down to the lower levels in the rest of the ministries, a task that can contribute to the Kurdish side
Millionday: NOTE -- THEY HAVE CHANGED THE PROCESS AND ARE ACTUALLY USING THE INPUT OF THE IMF, WORLD BANK, AND ALSO THE MINISTER OF FINANCE IS AT THE TOP OF THE BUDGET PREPERATION THAT IS GOING BEFORE PARLIAMENT.
Millionday: NOTE -- KURDISTAN AND THEIR IDEAS ARE BEING RESPECTED AND INCLUDED IN HOW THE PROCESS OF GOVERNMENT IS DONE
Millionday: the fact that The ministry is of the share of this session, and the associated hand, the lack of figures efficient in the House of Representatives, you can question the government about the numbers of public expenditures in detail, so that they have the ability to detect technical flaws in the design of spending programs for the various sectors,
something we sensed from previous parliamentary sessions, which could be consolidated because the government "representative" and the lack of opposition "specialized" in the parliament
Millionday: SO - THE WAY IT WILL BE FOR THE VOTE OF BUDGET IS THE ACTUAL BUDGET WILL BE ALLOWED TO BE QUESTIONED AND SUPPIED WITH ANSWERS TO EACH AMOUNT USED FOR THEIR EXPENDITURES
Millionday says WHOOPOW AN ACTUAL WORKING GOVERNMENT
ol lar says i saw that they COM is having a special meeting on the budget is the Parliament also tomorrow?
Millionday: YES I HAVE A REPORT ON THAT -- VERY GOOD NEWS SMILE
jtank says seems like they keep rehashing this budget over and over-a committee to oversee the budget and so on-I thought they were tired of it and going to push it thru--
Millionday says YES THIS IS AN EXPLANATION TO THE CITIZENS OF THE DIFFERENCE AND ITS APPLICATIONS FROM THE NEW GOVERNMENT
Millionday says BRB WITH MORE
Millionday: "The government will be held on Saturday an extraordinary session to discuss the general budget of the country and that the Finance Minister said that all the observations made by the committees on the budget will take by the Council of Ministers."
He added that "things are to be included in the budget is to give a certain amount of attention to the issue of displaced persons and the issue of armament."
Millionday: NOTE -- THIS IS MEANING THAT THE CHANGE I JUST WAS TALKING ABOUT WILL TAKE PLACE -- THE MINISTERS ARE ABLE TO ASK QUESTIONS OF WHAT THEY ARE ACCOUNTED AND THEIR SPENDING
Millionday The House of Representatives had previously failed to approve the 2014 budget, and he repeated several times to the Council of Ministers to make adjustments, but the session ended and it was decided to postpone the current session, which in turn forwarded to the government to make amendments to them in preparation for approval.
Millionday NOTE -- OBVIOUS THE PROBLEM WHICH HAS BEEN RESOLVED BY THE GOVERNMENT LEADERS
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