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A parliamentary bloc reveals external loans in the budget amounting to more than "8.5" billion dollars
- Time: 03/2020 13:17:45
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{Politics: Al Furat News} The National Approach bloc revealed, today, Saturday, that the budget includes foreign loans amounting to more than (8.5) billion dollars, while it warned against the foreign borrowing policy.
Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. [You must be registered and logged in to see this link.]
The head of the bloc, Ammar Tohme, said in a statement that Al Furat News received a copy of: "We reject the new foreign loans included in the 2021 budget bill amounting to more than (8.5) billion dollars, and we demand parliament not to approve them."
Tohme warned of "the foreign borrowing policy and its burdensome sovereign and economic effects, especially since many of the projects proposed to allocate these loans to them do not represent a priority in the government investment approach. What supports our rejection of these loans is that allocations of local investment projects amount to (24) trillion dinars, which are sufficient amounts to cover development investment projects. And productivity if there is an efficient and sound vision, planning and management. "
He added that "what has been allocated in the 2021 budget to repay the debt with its installments and interest exceeds (9) trillion dinars, which constitutes 10% of the estimates of total operational expenditures." ".
Tohme refused "to authorize the Minister of Finance to issue sovereign payment guarantees to investors in electric energy in the budget law for the same harmful reasons and consequences mentioned," and called on "Parliament to cancel them."
[You must be registered and logged in to see this link.]
{Politics: Al Furat News} The National Approach bloc revealed, today, Saturday, that the budget includes foreign loans amounting to more than (8.5) billion dollars, while it warned against the foreign borrowing policy.
Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. [You must be registered and logged in to see this link.]
The head of the bloc, Ammar Tohme, said in a statement that Al Furat News received a copy of: "We reject the new foreign loans included in the 2021 budget bill amounting to more than (8.5) billion dollars, and we demand parliament not to approve them."
Tohme warned of "the foreign borrowing policy and its burdensome sovereign and economic effects, especially since many of the projects proposed to allocate these loans to them do not represent a priority in the government investment approach. What supports our rejection of these loans is that allocations of local investment projects amount to (24) trillion dinars, which are sufficient amounts to cover development investment projects. And productivity if there is an efficient and sound vision, planning and management. "
He added that "what has been allocated in the 2021 budget to repay the debt with its installments and interest exceeds (9) trillion dinars, which constitutes 10% of the estimates of total operational expenditures." ".
Tohme refused "to authorize the Minister of Finance to issue sovereign payment guarantees to investors in electric energy in the budget law for the same harmful reasons and consequences mentioned," and called on "Parliament to cancel them."
[You must be registered and logged in to see this link.]
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