Representative financial commitment Iraq economic reforms would emerge from the financial crisis


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The parliamentary Finance Committee, stressed that Iraq can pass safely from the financial crisis, if an obligation of all economic reforms which must be accompanied by political and administrative reforms.

The Committee's decision, said attorney Ahmed Haj learner permit rational economics news that Iraq is moving toward financial stability, especially to some IMF conditions for Iraq, including the question of the obligations of Iraq which must defer to the fact that his financial situation is not good enough, noting that Iraq recovered related to subjective factors.

Mp Rashid pointed to reforms in the taxation and expenditure side, in addition to support from the International Monetary Fund and World Bank loans from Germany and elsewhere, and that Iraq should lead an ascetic life around 16 billion dollars over the next three years, to put it no large expenditure, therefore, there is a deficit accumulated balance will cover international and domestic loans