Saturday, February 18, 2012

Economist: Based on the financial policy of the country are the people who are not specialists in this area


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The independent Iraqi news agency / Baghdad / n. As an economist ... said Hossam Obaid said those responsible for financial policy of the country are the people who are not specialists in the economic field, warning of the serious consequences arising from the delay in approving the budget of Finance. "


The president of the Board of Directors set the economy to investment banks and finance Moved in a press statement the reporter (and independent Iraqi news agency) It is unfortunate that many officials at the policy-making financial of the country are the people who are not specialists in this area, as well as the negative role played by the political rivalries between the political blocs in the delay in all development plans in the country because of the pursuit of each side to secure the largest share of the budget for the supporters " .



He said he There must be experts divide the balance between operational and non-operational, according to the requirements of all sectors

Indicating That the time spent on the budget until the approval is a significant negative affect on the economic situation in the whole of Iraq. "



He pointed to the slaves That the budget is determined by the financial revenues, and oil revenues in Iraq continues, and in a continuous rise, but, alas, is no longer a citizen sees no improvement in the economic situation of the country despite the increase in revenues



He continued To see the economic situation of Iraqi citizens are going for the better after the fall of the former regime, and this is done through the financial budget that fit with the general need Wondering How long to keep employee's salary Ajkovah only half of the month Where support staff and where the support of the public and private And where the financial allocations for development projects that the average citizen does not know where to go and I know his objects of expenditure



And between The Son of the debtor lacks many of today's services, let alone rural Son Especially as all industrial sectors, parked, and the electricity sector since the period before 2003 did not rise, is it reasonable to Aanhi for this sector during the 25 years old, although he lifeblood that feeds the industrial, agricultural and service sectors and all walks of life



He added We are seen as experts economists is inconceivable in this country, for example, is it conceivable that each new minister of electricity is loaded responsibility for mistakes and breaches of the minister, who was the ministry before And it was deliberate for the purpose of making the responsibility for these violations, lost among the several ministers, under scandalous that tell us once in a while via the press and satellite channels on companies caught billions did not provide a thing or officials squandered billions did not Andzoa any project, as if the electricity issue is in limbo. "



He called on slaves To involve economists and business leaders and investors in the Iraqi market in the formulation of financial and economic policy of the country and according to the theories of modern practice in many developed countries. "

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