Parliamentary Finance: government corruption raise Iraq 's debt to $ 100 billion

21:28:42 | (Voice of Iraq) - Erbil

Parliamentary Finance Committee in the Iraqi parliament, confirmed that the internal and external debt the size of Iraq amounted to more than $ 100 billion, attributed to the growing phenomenon of government corruption and wrong policies.

The Iraqi Council of Ministers, it was announced on Tuesday 27/9/2016 that the size of the debt is estimated at 5.6 trillion dinars.

But a member of the parliamentary finance, Majida al - Tamimi, denied this saying that "Iraq is required now more than $ 100 billion in internal and external debts accumulated because of government corruption and theft of public money."

Tamimi added that " the direction of the government 's past to reduce spending and this is something good and positive, but we hope to play together with the parliament steps to prepare the budget and there will be further cuts in spending for the existence of exchange is not justified in a lot of negative expenditure and this is not to criticize the government, but to correct the tracks."

Tamimi noted that "we we will bring solutions so that the government can reduce spending without resorting to more debt , which sank in Iraq and we reached out to scratch by our agreement with the Paris Club countries and this is not permissible , there are fiscal and monetary policies is wrong in the country must be corrected."

She explained that " the parliament had not received so far , the draft general financial state budget law for 2017 , " pointing out that "determine the price of a barrel of oil in the budget at $ 42 and we would have preferred to be at least $ 40 for non - risk and be on the safe side with the vagaries of the market."

Iraq occupies the foreground by corruption among the nations of the world for several consecutive years, prompting crowds of people to go out in massive demonstrations since the July 2015 swept the Iraqi capital Baghdad and a number of other provinces to press the government to combat corruption and to bring the perpetrators to justice.

The office of Iraqi Prime Minister Haider al - Abadi announced the signing of Iraq , a Memorandum of Understanding with the United Nations to engage the international investigators in a major corruption files priority, while the United Nations Mission explained in Iraq , "UNAMI , " that "its development program will work in accordance with the terms of the agreement on employment of international investigators to assist in the train Iraqi investigators and advise them. "