The General Budget is not adopted scientific fact, and must be reconsidered

Posted: January 9, 2011

Criticized Former minister of planning Mehdi al-Hafez, Sunday, the financial budget of the Iraqi state for the current year 2011 to non-reliance on scientific facts and realistic, while he described the Iraqi Central Bank as a budget larger on Iraq due to poor development activities, as indicated by the Secretariat of the Council of Ministers that the largest percentage of the budget that relies only on the export of oil will go to operational expenses.
Hafiz said that “the budget figures are not based on scientific grounds can not be taken as simple as that,” calling for a “re-consider what can be provided justifications for these numbers and financial allocations.”
The Former minister of planning that “the figures in the right to develop the manpower is not scientific because it is based on the basis of the realities of manpower in Iraq, which is now in a deplorable state,” stressing the need to “put this issue in which the real and the facts and criteria that could be estimates on the basis set. “
The keeper that “the budget must be based on numbers and programs and not only numbers,” adding that “talk is not scientific and is incorrect and should be reconsidered by this basis.”
For his part, regarded adviser to the CBI Muzaffar Mohammed Saleh said that “the current year budget is the biggest budget in the history of Iraq,” noting that “the roof Alanvaki up to about 73 trillion dinars and the share of the investment budget by 32% a big number for the international levels.”
Saleh pointed out that “the problem lies in the end of the fiscal year for the implementation of the material that the budget does not exceed 20 or 25%,” asserting that “The fact that these achievements in the development activity can be the weakest in the history of Iraq.”
For his part, said the Secretary-General of the Council of Ministers on the Keywords “The largest percentage of the budget for the current year will go to operational expenses of the state such as salaries, allowances and service fees while spend 30% of the investment projects,” adding that “agriculture and industry sectors to suffer, according to specialists from a clear deterioration in the budget relied almost entirely on the export of oil. “
Keywords and added that “for each sector or segment point of view in this budget, a motionless natural,” calling to “make some reforms in the method of budget preparation and tabulation, which is still made in accordance with the old accounting system.”
The cabinet approved, earlier this month, the general budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year’s budget and borrow internally and externally, noting in a statement that the projected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars, a shortfall of $ 12 billion, and pointed out that the calculation of income resulting from export of crude oil at a rate of $ 73 a barrel at a rate of 2.00025 million bpd, of which 150 thousand barrels of crude oil exported from the territory of Kurdistan.
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