2016 budget free of investment projects

Our economy / Baghdad - The Commission on the economy and investment parliamentary Monday that the 2016 budget free of investment projects of all Iraqi provinces.

Said committee member Rep. Nur Albjara that "the large deficit in the budget of 2016 is the real reason to make the free development of projects for the next year budget and the reason is the waste of public money over the previous years."

She added that "the State address the crisis as soon as possible and to develop strategic plans," indicating that "the lack of liquidity form a large obstacle to the country's capacity to promote economic own reality."

She stressed that the government "plans to develop a strategy for the advancement of financial reality and realization of development projects and the development of an advisory body to follow up on financial plans for the advancement of the country."