In the parliamentary financial preferably by borrowing from the central bank instead of foreign loans in case the crisis deepens

2016/1/11 16:22

{Baghdad: Euphrates News} confirmed a member of the parliamentary finance committee pros Hamadoun that "despite the financial crisis, but the Iraqi government has not made any request for a loan to the central bank.
She said Hamadoun told {Euphrates News} today that he "has yet to take the Iraqi government and the Finance Ministry any loan low for cost or high benefits from the central bank," adding, "If the government applied for a loan from the Central Bank will be the best of the foreign loans it is possible to reach this solutions for the time being. "
She added that "the decline in the value of the Iraqi dinar against the dollar caused by the Finance Minister Hoshyar Zebari's comments not to enable the government to provide the employees' salaries in the month of April next year and not to take government action to resolve the financial crisis," pointing out "that he should support the citizen and not to inflame the situation on the citizen through statements ".
Iraq has seen and most of the world economic and financial crisis as a result of the big drop the price of oil, and the continuing minimization to much less than the cost of production per barrel in some countries level, with the result that it is to announce Iraq case of austerity and reduced government spending and other measures as a result of the economy's dependence on oil. is over