Deputy: major economic crisis Stasv Iraq 12/8/2015
Deputy: major economic crisis Stasv Iraq
12/8/2015 0 Comments
Our economy / Baghdad confirmed member of the Finance Committee in Parliament MP Ahmed Sarhan Sarhan, Tuesday, that the decline in oil prices will lead to Iraq's entry great economic crisis, while stressing the need to move away from external borrowing. Sarhan said that "Iraq is going through an economic crisis as a result of the deterioration of oil prices," noting that "the decline in oil prices will lead to a major economic crisis Stasv the country." He added that "there's handling of the budget deficit, including an outline drawn by the budget law for Finance Minister Hoshyar Zebari to borrow," stressing that "the benefits of external borrowing will cost the state huge amounts of money." He noted that "the rise in oil prices will lead to the recovery of the Iraqi economy," stressing the need to "fight against corruption and corrupt to supplement the budget, significant financial resources."