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Sunday, July 26, 2015

Millionday News 7-25-15  Part 1 of 2

Millionday News 7/25/15   Part 1 of 2

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: WE HAVE SOME NEWS TONIGHT WE HAVE NEVER SEEN BEFORE

Millionday: WE HAVE SOME VERY INTERESTING NEWS TONIGHT

Millionday: READ EVERY WORD -- VERY IMPORTANT

Millionday: evolution of the concept and content of the state budget over time, is no longer a budget just legislation to legitimize the expenses and revenues in the traditional clauses that were linked to the traditional role of government, 

it has become an annual plan reflects the plans or the medium and long-term strategies, which are aimed at achieving economic and social goals
~~~
Millionday: NOTE -- THE OPERATIONAL SIDE OF THE BUDGET HAS BEEN OPENED -- THIS IS ABOUT THE INVESTMENT ETC SIDE

Millionday: The development, which is of the form and content of the general budget so as to achieve the provision of understanding of the objectives and programs and provide a clear display offers the possibility of monitoring and evaluation and accountability,

and can be linked to the general budget expenses and the contribution of those expenditures in achieving progress and growth towards the desired objectives contained in those national plans and strategies in macroeconomic and sectoral and spatial economic dimensions and the extent of progress in the reality of public services and the infrastructure,

Millionday: NOTE -- THIS IS OBVIOUSLY TALKING ABOUT THE ADVANCEMENT BROUGHT BY THE INVESTMENT SIDE /PROJECTS ETC

Millionday: NOTE -- THE ECONOMIC REALITY

Millionday: and what is the developmental harvest could be achieved from the implementation of programs and projects

and can shorten the factors that led to the evolution of the concept of the state budget and thus display the following factors Method:

1. The form and content of the state budget is linked to the philosophy of the state in its economic-political, and the role of government - depending on was so in economic and social life, and this role has evolved over time to change the philosophy and governance systems,

Millionday: NOTE -- OBVIOUSLY PARALLEL OF THE PLANNING WITHIN IRAQ

Millionday: , and who arrived in his accession to the government to be in a position (directed and organized) economic and social development after it was their role at the beginning of the emergence of modern governments role (goalkeeper),

the upgrading of the role and tasks put governments in a position strategic mind which carries the vision and goals, and then routing turning it into projects and programs in accordance with the models and multiple options (away from the direct role of the government in implementation),

Millionday: NOTE -- AWAY FROM THE GOV CONTROL WITHIN

Millionday: create opportunities and an environment suitable for the advancement economic sectors and social welfare and development through the optimal use of resources, and economic and effectiveness efficiently, which is contained in determining the state budget targets in the light of the developments mentioned above, the following:

Millionday: NOTE -- BENEFITS -- READ EVERY WORD

Millionday: • to achieve sustainable development in order to achieve social welfare.

• encourage productive activities and the reduction of non-activities productivity.

• reduce unemployment and raise social productivity of labor.

• general stability of prices and the reduction of inflation.

• attracting foreign investments.

• increase national income.

• support the trade balance.

• achieve security and economic and financial stability.

• increase the contribution of the private sector in GDP.

Millionday: WHOOPOW --

Millionday: 2. growing human development mission, which is the other evolved from being the provision of humanitarian aid, to include checks for people of offering qualitative and quantitative in their lives,

 and became a reality and a trend that human development and improve the characteristics of the human is the natural gateway to any real development process, and that man does not have to the ultimate goal of development.

3. The growing human role and civil society organizations to participate in the planning and evaluation and accountability, as the Human Development maker as its purpose and the time itself is a tool for change.

Millionday: NOTE -- CHANGE WITH THE USE OF THE WORKING MAN AND ADVANCEMENTS TO THE GDP ETC

Millionday: 4. The growing role of local authorities in light of the spread of democratic systems, which expands from those roles, and is based on the decentralization of the management and development areas, and the consequent of the division of powers and responsibilities and fair distribution of resources,

and empower local administrations administratively and financially, and also enable them to plan and drawing operations policies and programs a private development.

Millionday: NOTE -- THE POWER SHIFT TO THE PRIVATE SECTOR

Millionday: 5. evolution of the concept of control, because of the development of content and objectives of the general budget on the one hand, and because of the development of administrative and financial systems, including the concepts of strategic planning and concepts of efficiency, effectiveness and economic expansion in performance measurement,

and the concepts of quality and excellence and public satisfaction .. etc, because of the expansion of the role of citizens in the political, economic and social life and thus their role in control, so no longer control traditional legislative and financial control scrutinize the commitment limits expenditure and income governed by the budget law,

Millionday: NOTE -- THE REVISIONS OF THE ACTUAL BUDGET LAW --- WHOOPOW

Millionday: but the evolution of the concept, content and tools to control the direction of achieving other goals, the goals focus on the achievement of objectives, programs and plans that target the budget and focus on those results in terms of quality, efficiency, effectiveness and Aguetsadatha, check the optimal use of resources within the specific priorities in achieving sustainable development on the basis of social justice and social balance.

Millionday: NOTE -- THE GOAL IS THE IRAQI DEVELOPMENT ECONOMICALLY WITHIN THE BUDGET LAW

Millionday: NOTE -- UNDERSTAND EVERY WORD IS HUGE -- READ IT ALL -- SMILE

Millionday: 6. increased risk due to the large opening of the markets and the complexity of the economic, commercial and financial relations, and the magnitude of the risk as a result of the effects of financial crises that occur in other countries ,

and increases the depth of the risk in countries that rely on specific source or sources of natural resources -as is the case in oil-producing countries such as Iraq where these countries rely on the basis of resource fluctuations affect prices have a direct impact on revenues

Millionday: NOTE -- THERE IS FEAR IN THE LEAP FORWARD

Millionday: all of that arranges a direct impact in the preparation of the general budget and construction and displayed including indicates the medium and long-term goals in the diversification of the production base, and in diversifying the sources of budget revenues,

 and short-term goals to deal with the fluctuations and financial crises, and in general is bound to the general budget reflects the ability to hedge risk and flexibility to respond to changes and fluctuations.

Millionday: NOTE -- THEY MUST MONITOR THE EXPECTATIONS AND THE RESULTS

Millionday: 7. addition to what is stated in the above points, the specificity of the situation in Iraq calls for a development entirely in the form and content of the state budget, as the country suffers and citizens of heavy byproducts of large and backwardness in various aspects of life,

as the country faces great challenges and serious disorders, and the circumstances of the country in terms of the transition from an authoritarian system to a democratic system in the absence of cohesion institutional, social and the resulting delay, palaces and corruption,

all of this calls for the construction of the general budget and presented a way that reflects the extent to respond to the requirements and challenges and phenomena of serious, and in a form that provides information and data readable and measurement,

Millionday: NOTE -- THE HUGE CHANGE IS A RISK/FEAR AND MUST BE MONITORED AS MANY THINGS CAN GO WRONG

Millionday: challenges and phenomena of serious, and in a form that provides information and data readable and measurement, control and Calendar in the clear objectives frameworks and programs and subject to review, monitoring and Althalil.bad this year's review,

which we dealt with the justifications and reasons and conditions of the development of the general budget planning and in form and substance, show in below if the federal public budget for Iraq in the light of the over statement, any how close or after of these requirements:

Millionday: NOTE - THESE ARE THE MANY CONCERNS TO BE MONITORED

Millionday: 1. The budget General in the light of other ministries and agencies estimates, which are based on historical data and future expectations are added randomly and in an exaggerated manner so, to provide room for negotiation with the Ministry of Finance (for example, were the ministries and other agencies provided estimates of spending power to the Ministry of Finance more than 300 billion dollars for the year in most years –

no more than state revenues by 4-fold), and the intervention of such requests in and take, negotiation processes to reach a certain number, and influence in determining the amount in some cases,

the power of the bargaining, political or Aguenaia or in person, and if they have reached the estimates approved a primary large deficit, so they can be amounts of allocations truncated by almost uniform to all, without taking into substantive considerations, priorities and commitments, goals and nature of the activity.

Millionday: NOTE -- OBVIOUSLY MORE NEEDS REQUIRE MORE FUNDS -- HUGE CHANGE IN IRAQ

Millionday: NOTE -- THE MANY PROJECTS

Millionday: 2. Although continue to develop short- and medium-term strategy for the budget, and despite the presence of national strategies directly related to the public budget, such as National Development Strategy (for five years), and poverty reduction strategy, and strategy development of the private sector, and strategies sectoral (energy, health, education, labor and social welfare, agriculture, housing, etc. ..),

despite the presence of all those strategies which should be reflected in the building the general budget, but we note the almost complete absence of these strategies in the content of the budget and can not display the current method of knowing the extent to which those strategies in the budget.

Millionday: NOTE -- OBVIOUSLY THE GOALS ARE MASSIVE

Millionday: 3. The growing role of public budgets -as Pina- in the expression of economic and social objectives in human development can touch this role in the General Fund, because of the nature of the preparation and presentation of the budget can not stand or identify the answers to important questions such as:

Millionday: OBVIOUS CONCERNS >>>

- What are the economic, social and development goals targeted by the budget? What is the progress that can be achieved when implemented ratios?

- What is Tothiralanvaq in different sectors?

- What is the role of the budget in balance and social justice?

- How check the bridge to gap the shortfall in the infrastructure?

- To what extent match the budget with national strategies allocations and sectoral?

- What is achieved accumulated from previous years to the desired goals?

Millionday: NOTE -- OBVIOUSLY A VERY HARD POSITION TO BE IN

Millionday: - How is the size of the projects included, not only in the annual allocation them but the total allocation for these projects (a total allocations for the projects listed more than 200 billion is not reflected in the budget)? 

How is the sectoral and geographical distribution and the extent to which deprived areas? What are the proportions of what actually check them out? 

- What are the tax policy? What are the vessels that target? How much is the size of these vessels? What is the ratio of estimated revenue in light of the size of each pot of these vessels?

Millionday: NOTE -- AND THE LIST GOES ON

Millionday: It is regrettable that the budget in its current form does not provide adequate or not there are already answers to most of these questions, answers, and this indicates to the size limitations of the data and information offered by the budget (in form and content), 

and therefore lose their importance and role in the planning and control, control and achieve the desired results in the economic, social and developmental aspects that represent the budget the main tool in achieving them.

Millionday: NOTE -- WITHOUT A BUDGET ACTIVATED THESE THINGS AND MANY MORE ARE NOT ACHIEVABLE

Comments may be made at the end of Part 2  Thank You


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