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Economic expert: delayed adoption of the budget adversely affect the economic situation of the citizen
March 01 2018 09:31 p
March 01 2018 09:31 p
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[rtl][rtl]Salam Semisem[/rtl]
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"The issue of the budget now is considered a political file par excellence in which the political parties play a large role and the victim of the simple Iraqi citizen, indicating that the late adoption of the budget led to the suspension of financial liquidity for investment projects that affected the investment companies and contractors and creditors of the government, The suspension of credit and lending operations, both governmental and commercial, as well as the discontinuation of the job grades, resulted in a very difficult economic situation for individuals working in the private sector directly. Most of them were forced to leave their jobs and seek other jobs despite their scarcity.
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Ihab Jubouri
Economic expert Salam Samisem confirmed that the delay in approving the public budget negatively affects the economic situation of the citizen.
"The issue of the budget now is considered a political file par excellence in which the political parties play a large role and the victim of the simple Iraqi citizen, indicating that the late adoption of the budget led to the suspension of financial liquidity for investment projects that affected the investment companies and contractors and creditors of the government, The suspension of credit and lending operations, both governmental and commercial, as well as the discontinuation of the job grades, resulted in a very difficult economic situation for individuals working in the private sector directly. Most of them were forced to leave their jobs and seek other jobs despite their scarcity.
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