Parliamentary Finance: Iraq 's commitment to economic reforms sponsor to get out of financial crisis

Views 74 Date 08/15/2016 - 22:12

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Parliamentary Finance Committee confirmed that Iraq can safely make financial stayed with him, if the commitment of all economic reforms, which must be matched by political reforms and administrative.

The rapporteur of the committee MP Ahmad Haj Rashid told I followed "Economy News" that Iraq is heading toward financial stability, especially that some of the conditions of the International Monetary Fund for Iraq, including the issue of obligations on Iraq that must be postponed because the financial situation is not good enough, noting that Iraq's recovery is linked to self-state factors.

He MP Rashid, to the presence of reforms in the tax side and expenses, in addition to support from the International Monetary Fund and World Bank loans from Germany and others, and between that Iraq must Atakecv roughly $ 16 billion over the next three years, because the position does not bear large expenses, and thus there is a cumulative budget deficit will be covered from the international and domestic loans

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