Parliamentary Finance express reservation to external borrowing

2015/11/6 15:02

{Baghdad: Euphrates News} parliamentary Finance Committee expressed its reservation on the issue of external borrowing for the ambulance as a result of the financial crisis the country is going through.

A member of the parliamentary finance committee Masood Haider told {Euphrates News} on Friday, "will to Anljo to external borrowing for the existence of reservations him, as that external borrowing will affect the country because of the consequences that entails."

He added that "the Iraqi government did not reconcile to borrow during this year, has been unable to get a billion dollars from the International Monetary Fund, "noting that" external borrowing issue will be discussed with the Ministry of Finance, will be to achieve results near future, ".

The parliamentary Finance Committee has indicated in earlier that the country will go for internal and external borrowing; to fill the shortage of budget what ails the financial shortfall due to lower world oil prices, stressing the need to activate all the pieces in the country. It is noteworthy that the supreme religious authority has confirmed earlier during his Friday sermon in the words of its representative in the holy city of Karbala, that "borrowing will saddle the state budget larger than it is, and it will bear very high benefits. " Ended h