The parliamentary Finance Committee Member said Masood Haider, that Iraq's internal and external loans rose from approximately $ 10 billion in 2016, budget to $ 15 billion in balancing 2017.
Haider, said that Iraq "in balancing this year borrow internally and externally, nearly 10 billion dollars, but this year he's back in the frequency upwards if borrowing up to $ 15 billion next year," pointing out that "these loans would be for reconstruction and armament and some necessary projects."
He noted that "donors for loans in next year's budget are as follows (500) $ 1 million from Japan, and 800 million dollars from the IDB, a billion and a half of JICA, and 600 million dollars (KFW) of Germany, and 160 million dollars from Italy, and 500 million dollars from the World Bank, and 500 million dollars from Sweden, (2, 7) billion of America to finance the Department of Defense, and (4, 7) billion other external and internal loans did not mention who would lend Iraq, as well as other loans ", pointing out that" Kurdistan is not covered by these loans.
The oil revenues in next year's budget amounted to 67 trillion dinars, and non-oil revenues from fees and levies and tax and customs was 11, 6 trillion dinars. "
A member of the parliamentary Finance Committee, that the actual expenses for the State not to exceed 70 trillion dinars, according to the data we collect for this year.
The Government has allocated in the federal budget for the next year 500 billion Iraqi dinars for the reconstruction of ruined cities by ISIS terrorism and military action by Edit cities from ISIS.
The parliamentary Finance Committee Member said Jabbar Abadi, earlier, to balance the next year free of the investment side it includes 25 trillion dinars were credited as an investment but to meet debts of companies operating in Iraq.
The House started earlier, read the Federal Budget Bill next year, after General received from the Cabinet.
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