One of the most active role playing Finance Ministry of Iraq has announced to bring the budget of 2014, the high officials of this ministry have completed the draft of a budget to be announced for 2014, according to the financial experts, this budget will bring the good effects on the economy of the Iraq, and this is the way to put a good impression on the rest of the world, and this is reflecting that government has quite serious brought a boost in economic conditions of the country.
Iraqi dinar investment: One the other hand the financial parliamentary committee has announced that the State budget for the year of 2014 is expected to reach to the level of 174.6 trillion Iraqi dinars. The major portion of this budget will be allocated to the energy sectors as this is the basic requirement of the Iraq as Iraq is facing the worst energy crisis and that’s the reason this country has made several contracts with the countries worldwide, and this is why Iraq is trying to get out of the worst economic crisis. Energy is the basic requirement for the Iraq as this has been made noted by the energy conferences, and for several times, the government of Iraq was acknowledged by the several conferences that Energy is a basic requirement for the Iraq.
Member of Parliament committee has also announced that Iraq is planning to perform the several steps which would be done to increase the oil production and this year’s budget is directly linked to the oil price which is 90 dollars per Barrels. The last year 2013 budget was of 36 trillion Iraqi dinars (near about 30 billion US Dollars). In this way, it was expected that the government of Iraq will play an important role to perform the best part of services to ensure the budget which would serve the basic needs of a common person. In this way, this is always one of the most important things if it happens to the budget for the year of 2014. This budget will bring the lots of positive impact on the economy of the Iraq.
Magda Tamimi, member of the finance committee said that the department of defense has been allocated to the amount of 38 trillion Iraqi dinars, the increased amount will ensure the advancement of the security forces and purchases of new weapons for the security of the interior protection. He said that they have placed almost 7 trillion Iraqi dinars for the development of commerce industry, he said it is a quite important that people come to Iraqi to invest in mega projects and for this it is an important that the government should play an important role in this regard, and government played a very appreciative role.
He said that the government has safeguarded the right of the workforce labors as the government and the government has played an important role to ensure the best packages of labor charges. He said that the ministry of the interior has been allocated the mount of 10 trillion and 323 billion dinars, and national Security Council was assigned to the amount of 302 billion Iraqi dinars. Now the government is planning that how to successfully make sure the proper implementation of the budget for the year of 2014. All government is doing to ensure the right availability of the exact amounts and the right usage of the amounts in these departments. One of the representatives of the finance committee said that we will adopt stricter measures to ensure the neat and clean transition of the budget. This is always one of the best options available for the Iraqi dinar government to stand with distinguishes and with the sense of best confidence that it can perform better before the people of Iraq. Now the time has come when government of Iraqi is planning to achieve the targets and goals of the government regarding the best availability of the dinar trading services. Now the matter is that government should take the services country’s best financial experts and should send all of these experts to the major departments of the country which will allow the department to make use of the budget in a right direction, and this is the way by means of following that way, government can play a better role in the performing the good responsibilities of the departments.
Recently prior two days ago, one statement was issued in which it was said that the government has increased the amount of budget the purpose behind this all was to bring advancement in a budget and some policies which will help the government of Iraqi dinar increase the value of Iraqi dinar and to complete the process of Iraqi dinar revaluation. Nowadays the Iraqi dinar revaluation is a matter of concern for the government and a major topic of discussion for all members and communities, since this government has been playing an important role to ensure the best practices to get increased value of the Iraqi dinar. Tamimi said in a press release that we have also allocated the budget for the increase of the life standard of the people of Iraq by building community centers, Libraries, Universities countryside as it is the basic requirement of our nations. In this way, we are going to support our community in Iraq, and this is only the way, we will survive from it. Visit THIS Link for more information.
297 total views, 1 views today