International Monetary Fund forecast, Wednesday, rising economic growth in Iraq, to 2.9% during the current year 2016, indicating that the costs of the war led to high inflation and deteriorating financial centers.
The IMF said in a report that “it is expected the overall rate of growth in oil-exporting countries in the region, rising to 2.9% in 2016 and this increases to up to 3.1% in 2017 compared to 1.9% in the past year as a result of the economic activity is oil in Iraq Yemen, Iran and Libya. “
The report continued, “Despite the growth of Iraq, it will increase the deficit has as a result of a lack of oil revenues, which will reduce the government’s ability to spend,” indicating that “the deficit will reach to about 4.75% and will reach 7.75% by the end of this year.”
The report added that “the costs of the war in Iraq, Libya, Syria and Yemen are still high and have caused violence in the scarcity of food and other necessities and caused damage to infrastructure and institutions and increased inflation and weakened the savings and deteriorated financial centers of these countries.”
The drop in oil prices to low levels, which amounted to less than $ 40 significantly affected the general budget that Iraq because Iraq’s adoption of 95% in revenue on the export of crude oil.
Observer news / Baghdad
He confirmed the Kurdistan Alliance MP Najiba Najib, Wednesday, that the Kurds minister is nominated by the Kurdistan Alliance and Abadi choose who wants his choice.
Najib said, “The Kurdistan Alliance will send the names of a group of technocrats Kurds choose them to represent the component in the new government cabin.”
Najib added, “The Kurdistan Alliance has 20% of the cabin and there are 17 ministries has not been voted on.”
Najib stressed on that “Abadi will provide the rest of the government cabin on Saturday for the vote by the House of Representatives.”
Najib stressed that “the Kurds minister is nominated by the Kurdish alliance to al-Abadi, a group selected from the names we’ll send him.”
Hamoudi said the deputy speaker of parliament, what happened in the meeting Tuesday that he hurt the interests of the Iraqi people.
Hammoudi said in a press statement that the day of Thursday’s session will be dedicated to a vote on the rest of the cabin with the dialogues with the political blocs on some candidate to take over the ministries.
And enable Iraqi Prime Minister Haider al-Abadi during the session yesterday to achieve a partial cabinet reshuffle included six ministers over the vote on the dismissal of former minister and then put the names of the new ministers and vote them.
Where were renamed the Ministry of Health of Alaa Mubarak and water resources to Hassan al-Janabi and the Ministry of Labour to meet James Baldwin and Higher Education Abdul-Razzaq al-Issa in addition to electricity Ala Disher and culture to Akil Mahdi, that temporarily holds the post of Minister of Youth proxy also
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