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MP: Petro (5) dollars and pensions will make the budget deficit of $ 50 billion
12/02/2014
BAGHDAD / NINA / MP, of the National Alliance, Mohammed Saadoun said that the amounts of petro ( 5 ) dollars , and pensions will make the budget deficit of $ 50 billion .
He said in a statement today: "The total amount of the budget is not enough to meet the claims, especially after the claims of oil-producing provinces and the petro ( 5 ) dollars as well approving the pension law in its current form ."
He added: "The government is facing two problems, which are delay in approving the budget in the House of Representatives and how to cover the costs of retirees and prisoners of Rafha as well as amounts of petro- dollars."
He pointed out that the government is now looking for a way to get out from financial crisis that will not find in this case, but borrowing from other countries or from the IMF or the World Bank to cover the deficit. / End
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12/02/2014
BAGHDAD / NINA / MP, of the National Alliance, Mohammed Saadoun said that the amounts of petro ( 5 ) dollars , and pensions will make the budget deficit of $ 50 billion .
He said in a statement today: "The total amount of the budget is not enough to meet the claims, especially after the claims of oil-producing provinces and the petro ( 5 ) dollars as well approving the pension law in its current form ."
He added: "The government is facing two problems, which are delay in approving the budget in the House of Representatives and how to cover the costs of retirees and prisoners of Rafha as well as amounts of petro- dollars."
He pointed out that the government is now looking for a way to get out from financial crisis that will not find in this case, but borrowing from other countries or from the IMF or the World Bank to cover the deficit. / End
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