Deputy: the government would resort to external borrowing and internal to cover ..
Deputy: the government would resort to external borrowing and internal to cover the deficit in 2016 budget
Twilight News / MP for the coalition of state law Haider Mawla on Thursday that the federal government will resort to external borrowing in order to address the budget deficit next year. He said the Lord in a statement responded to Twilight News, that the government will rely on borrowing from the World Bank and the Japanese Agency and other banks, which will help Iraq in the allocation of funds for the implementation of infrastructure and services projects through payment on credit, noting that other loans which will provide the government for providing is internal borrowing of banks in the country.
The Iraqi Council of Representatives has ended on the tenth of this month, the first reading of the draft general budget for fiscal 2016 Act.