Financial: 2016 budget austerity and not sufficient to meet payroll for some months
December 19, 2015


Economy/Baghdad



Sarhan said that the budget allocated some funds for the 2016 reconstruction of war-devastated provinces with daash but budget ".

He said the State would appeal for loans for the reconstruction of liberated cities for 2016 budget austerity and not sufficient to meet payroll for some months ".

"51 trillion Iraqi employees and retirees, while revenue totaled 81 trillion Iraqi phantom."

That "Iraq will not be able to bridge the shortfall in the budget because of the customized to meet employees ' salaries only ".

He noted that "those not freed customizations will conduct for the displaced", stating that "the reconstruction of those areas which were under the control of the regulation requires a special budget and borrowing countries in order for the State of Iraq reconstruction ".


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