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22 Trillona budget deficit 2018 and the government proposes to fill the internal and external loans
19:29 - 02/11/2017
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A parliamentary source said on Thursday that the deficit in the budget of 2018 amounted to 22 trillion and 782 billion dinars, indicating that the draft government refers to cover the budget deficit from the amounts of cash withdrawn and from IMF loans and international banks.
"The draft budget law of 2018, which came from the government indicates a deficit of up to 22 trillion and 782 billion dinars," the source said.
He added that "the government in the draft put several solutions to fill the deficit, including bridging the trillion of deficit through the IMF loan to support the budget and two trillion dinars loans from banks and international banks," adding that "Among the ways to bridge the trillion by selling national bonds to the public and trillion And 500 billion of the balance in the account of the Ministry of Finance and the same from the balances of ministries and agencies and provinces not associated with the province.
He explained that "a large proportion of the deficit will be offset by the expected abundance of increased prices of crude oil produced for export."
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