In the parliamentary Finance member calls to speed up the implementation of borrowing to deal with economic crisis
08.07.2016
11:54
[Where - special]
called on the parliamentary finance committee member, on Friday, the government to speed up the implementation of borrowing to tackle the economic crisis.
He said Sirhan Ahmed told all of Iraq [where] "We as a Chraeih we voted on the financial budget for the year 2016 when we noticed that there is a budget deficit of about 24 trillion Iraqi dinars, the voting has been on several points to address this situation, including that the government borrowing from the IMF international order to address this shortfall in the budget. "
Ahmed added we are facing a fiscal deficit and the borrowing required to Iraq can address this situation, adding that" the road is open and arrangements exist and the Finance Ministry has the right to borrow from the international Monetary Fund and the government to speed up the implementation of these paragraphs be possible to tackle the economic crisis. "
The Iraq passes a financial crisis due to falling oil prices , which constitutes 90% of the public budget is paid to borrow from the international Monetary Fund and the World Bank and earned them about $ 15 billion received by over three years.
http://www.alliraqnews.com/modules/news/article.php?storyid=42626