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Parliamentary Finance for "direction Press": multi-revenue the best solution out of the international debt crisis
19/07/2017
Parliamentary Finance Committee stressed on Wednesday the need for the federal government is working on multiple sources of revenue for the state in order to get out of the international debt crisis and not rely on oil revenues only.
Committee member Ahmed Hama In an interview for "direction Press," said the federal government currently relies on oil revenues, which is not enough to resolve the financial crisis and pay off international debt must be multiple sources of revenue for the state, noting that must rely on food industries due to the abundance of agricultural land and tax collection as well as reliance on religious and recreational tourism.
He added: debt owed by Iraq size up 111 billion and 725 million dollars foreign which 68 billion and $ 220 million and the remaining internal debt.
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