Parliamentary Finance exclude government had resorted to borrowing from CBI stocks
Parliamentary Finance exclude government had resorted to borrowing from the central bank stocks
Economy Since 02/29/2016 14:38 pm (Baghdad time)
Special - balances News
Parliamentary Finance Committee ruled on Monday the government had resorted to borrowing from the central bank stocks at the moment, as pointed out that foreign loans repaid in a manner deferred payment by the government to the donor countries.
The committee member said Abdul Qader Mohammed's / balances News /, that "it is possible for the government to borrow from the central bank stocks, but it is causing negative returns where he will work on inflation in the currency market."
He added, "The government did not resort to borrowing from the central bank, but if it is forced and did not get foreign loans," noting that "foreign loans repaid like a way Palmrihh by the state where the negative impact does not affect the economic situation, so to get this type of loan is due the achievements of the current Iraqi situation. "
Little Onedo parliamentary Finance Committee Magda Tamimi stressed earlier, the need to resort to collect taxes out of the financial crisis that Iraq is going through at the moment, while expressing its refusal to resort to the stock of the Central Bank to remedy the crisis. "Ended