Saleh: foreign loans go to projects of agriculture, industry, oil, electricity
April 9, 2016
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Our economy / Baghdad

Said the appearance of Mohammed Saleh, Economic Adviser to the Prime Minister Haider al-Abadi, said Thursday that all the loans obtained by Iraq from abroad go to private industry, electricity and oil sector projects, while Iraq is likely out its current crisis and the recovery of its economy again.

Saleh said in a statement seen by the agency of our economy News that "there is a large deficit in the Iraqi general budget where it is equivalent to investment allocations of the budget for this year," noting that all the loans obtained by Iraq, especially foreign ones go to development projects and no Maivhb operational expenses. "

He added, "These loans go to agriculture, industry and the oil sector and electricity projects," explaining that "the loans went far goes to economic activity."

He guessed that "Iraq out of the current crisis and the recovery of its economy." http://www.iqtesaduna.com/2016/04/09/