The government denies intention under oil-for-loans and confirming its position
The government denies intention under oil-for-loans and confirming its position as solutions to cope with the financial crisis
Denied government about conclusively, on Sunday, its intention to pledge Iraq's oil in return for loans from some countries, stressing taken all measures to cope with the financial crisis, pointing at the same time their commitment to the perpetuation of the battle momentum against al Daash and provide employees and retirees' salaries and social protection network.
He says Saad al-Hadithi, spokesman for the government, said that "cited the media recently about the intention of Iraq under oil in some states in return for receiving an incorrect financial loans as this news is incompatible with logic."
The Finance Committee of the House of Representatives had suggested yesterday seekers to Iraq under the oil countries to face the financial crisis and securing employees' salaries
In return, Sabri said in a statement to the "New Morning", that "several measures have been taken to face the serious deterioration of oil prices and its negative impact on the country."
He pointed out that "Iraq has lost at the beginning of the crisis, about 70% of the revenues of oil revenues within two years because of the low price of a barrel from $ 115 to $ 30," pointing out that "the ratio recently reached 60% after our success in increasing the production ceiling."
The estimated year-Hadithi confirms that "the federal government has two commitments can not abandon them under any circumstances."
"The first obligation of providing the war effort and sustain the momentum of the fight against the terrorist organization Daash".
And it went Sabri said that "other obligation imposed insurance employees and retirees' salaries and social protection network on us."
He noted the government spokesman that "Iraq sees a red line in salaries; it touches food poor and middle slides."
But he draws the "measures taken by the Government to meet these two commitments and provided for in the federal budget for 2016".