Iraq is able to pay its debts and keep them under control

[yota691]

Iraq is able to pay its debts and keep them under control

06/05/2017 0:00    By adopting strategies for the management of public money  Baghdad / Imad Emirate City states concerned with the management of public debt and control within the programs and strategies to make it within the economic capacity, where serious lack of a clear picture of how to repay the debt and putting it always under control. And on the subject of Iraq's debt and economic academic d he said. Ahmed Omar Narrator: that Iraq is able to control its debt, if the strategy in the management and direction of public debt was adopted, adding after a slight improvement in oil prices during the current year 2017, the government will be able to pay off the budget as it requires to sell Iraqi oil at a price less than 56 deficit dollars per barrel. Internal borrowing  and between the narrator in an interview for "morning" that public spending is flexible will make Iraq is Moisnath in the coming years , a deficit of less than 20 percent at best, if the international price of oil continued within the current prices, adding that it force him to borrow internal to bridge the internal deficit which is funded by the Central Bank of the financial reserves that may pose a risk to the capabilities of the country 's economic future. Adjust spending  "In light of the challenges faced by Iraq in control of the financial capabilities and management ofpublic debt has to be the existence of policies and procedures strict in controlling public spending and the fight against corruption in order to achieve control of the public debt and directed towards active growth, particularly in public services, and there are some proposals and solutions as if it were introduced , it could be the state in control of public spending in order to achieve economic and social growth and make debt under control and within acceptable indicators. Revenue enhancement  and stressed the narrator on the need to adopt strategies for action to stimulate the economic sectors to diversify the sources of national income , which promotes public revenues and non - permanent dependence on oil revenue only, noting the need to reduce spending unjustified budgets coming and control through tighter financial control and strengthen the role of integrity while maximizing public revenues and taxes to the form in which Aathagl on citizens.  He stressed the need to adopt fiscal policies commensurate with the revenue accruing to reduce the fiscal deficit as much as possible, warning of the resort to the central bank to meet the budget deficit reserves to preserve the sovereign reserves of Iraq, and directing the amounts borrowed towards the financing of public service projects to improve their level in the field of electric power, water , health and education services . Restore confidence  and focused narrator on the importance of the fight against corruption seriously and activating the role of the judiciary in resolving corruption and to hold accountable the corrupt issues, and benefit from the international and Arab support provided to Iraq in the call to contribute to the reconstruction of the liberated areas, which requires a diplomatic effort of the government supported by uniting in political positions to direct the call to the donor countries and restore confidence to the Iraqi administration in the reconstruction file management when donors.

[sandfly]

One way,,,,is start cleaning out bank accounts, then they will have confidence in the government 

[NoviceInvestor]

RV your currency and help me pay my debts ...

[ChuckFinley]

Thanks Yota, this will be a challenge.