Parliamentary talking about near bankruptcy Iraq offers "solutions" to avoid it 1/9
Parliamentary talking about near bankruptcy Iraq offers "solutions" to avoid it
Saturday 09-01-2016 | 1:56:39
Twilight News / MP for the Liberal bloc Messenger Tai Government and relevant ministries to find an alternative to oil for the construction of public budgets for the coming years.
Tai said in an interview with Lord of Twilight News, that "in light of the low price of a barrel of oil on world markets and the tense situation in the region, it is imperative on the government and the ministries concerned to find an alternative to oil for the construction of public budgets for the coming years."
He added that "oil imports represent annually more than 90% of the general budget size, must find another resource for the budget," noting that "the wages of collection Secretariat of Baghdad and some of the ministries on the ads, shops and factories, businesses and restaurants, as well as taxes on mobile phone companies The customs tariff and other improbable would be good for the government to fill some of the deficit to the draft budget. "
Tai said that "the government's dependence on oil imports and as a major supplier of the budget in light of the decline to the $ 33 price of a barrel Alouhd will enter Iraq in a real crisis could announce bankruptcy in the coming years."