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[size=36]Parliamentary finance proposes solutions that will dispense with external borrowing and clarify the reality of compulsory savings[/size]
Economy | 04:05 - 19/04/2020
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Baghdad - Mawazine News.
The Finance Committee announced in the House of Representatives, on Sunday, the existence of internal options away from external borrowing, while revealing the fact that there is a trend to go to save the salaries of employees.
The head of the financial committee, Haitham Al-Jubouri, said, according to the official agency, that "there are solutions that can be dispensed with which foreign loans can be dispensed to overcome the stage of low oil prices." At the banks. "
He pointed out that "there are continuous meetings to find out the amount of money and take decision", stressing that "the preference is to go toward internal borrowing, as it is considered government money."
Al-Jubouri stressed the necessity of "not affecting the cash liquidity available to banks, especially since the economic movement in the country depends on it."
The Chairman of the Finance Committee ruled out "putting forward the compulsory savings proposal for employee salaries." Ended 29 / h
The Finance Committee announced in the House of Representatives, on Sunday, the existence of internal options away from external borrowing, while revealing the fact that there is a trend to go to save the salaries of employees.
The head of the financial committee, Haitham Al-Jubouri, said, according to the official agency, that "there are solutions that can be dispensed with which foreign loans can be dispensed to overcome the stage of low oil prices." At the banks. "
He pointed out that "there are continuous meetings to find out the amount of money and take decision", stressing that "the preference is to go toward internal borrowing, as it is considered government money."
Al-Jubouri stressed the necessity of "not affecting the cash liquidity available to banks, especially since the economic movement in the country depends on it."
The Chairman of the Finance Committee ruled out "putting forward the compulsory savings proposal for employee salaries." Ended 29 / h
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