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[ltr]Parliamentary Finance: Iraq is bound to pay debts until 2053[/ltr]
From 2017-11-07 at 20:14 (Baghdad time)
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[ltr]Follow up of Mawazine News[/ltr]
[ltr]The decision of the Finance Committee in the House of Representatives, MP Ahmed Rashid, Iraq's commitment to repay international debt amounting to 68 billion US dollars until 2053, adding that this imposes an additional burden on the financial situation of the country.[/ltr]
[ltr]Rashid pointed out that "the draft draft budget for 2018, which is currently discussed in the Council of Ministers, is the worst budget for the Iraqi state for 14 years," adding that "the reason for this is due to its dependence on oil, and neglect other economic sectors alternative."[/ltr]
[ltr]According to the draft, the budget is expected to reach 108 trillion and 113 million Iraqi dinars (about 91 billion dollars), while the total revenue is 85 trillion dinars (about 72 billion dollars), and deficit 22 trillion dinars (about 19 billion dollars).[/ltr]
[ltr]The draft was based on the export rate of oil of 3 million and 800 barrels per day, including 250 thousand barrels from the Kurdistan region, and 300,000 barrels from the province of Kirkuk, the north of the country.[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
From 2017-11-07 at 20:14 (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Follow up of Mawazine News[/ltr]
[ltr]The decision of the Finance Committee in the House of Representatives, MP Ahmed Rashid, Iraq's commitment to repay international debt amounting to 68 billion US dollars until 2053, adding that this imposes an additional burden on the financial situation of the country.[/ltr]
[ltr]Rashid pointed out that "the draft draft budget for 2018, which is currently discussed in the Council of Ministers, is the worst budget for the Iraqi state for 14 years," adding that "the reason for this is due to its dependence on oil, and neglect other economic sectors alternative."[/ltr]
[ltr]According to the draft, the budget is expected to reach 108 trillion and 113 million Iraqi dinars (about 91 billion dollars), while the total revenue is 85 trillion dinars (about 72 billion dollars), and deficit 22 trillion dinars (about 19 billion dollars).[/ltr]
[ltr]The draft was based on the export rate of oil of 3 million and 800 barrels per day, including 250 thousand barrels from the Kurdistan region, and 300,000 barrels from the province of Kirkuk, the north of the country.[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
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