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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Al-Daraji: Iraq will not be able to pay its foreign debts for these reasons

    Rocky
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    Al-Daraji: Iraq will not be able to pay its foreign debts for these reasons Empty Al-Daraji: Iraq will not be able to pay its foreign debts for these reasons

    Post by Rocky Sat 28 Jul 2018, 8:11 am

    Al-Daraji: Iraq will not be able to pay its foreign debts for these reasons
    July 28 2018 02:42 PM
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    [rtl][rtl]Rahim Darraji[/rtl]
    [/rtl]
    Baghdad Post
    [rtl]



    A member of the former parliamentary finance committee Rahim Darraji said Saturday that Iraq at the current stage is unable to repay external loans, indicating that the reason is due to lack of wise management and the financial deficit in the budgets. 

    Al-Daraji said in a press statement that Iraq is currently unable to repay its foreign loans of about 112 billion dollars because there is no mentality and methodology capable of managing the country's financial and economic policy in a way that will end this chronic crisis. 

    He added that the other reason is the existence of the fiscal deficit in the annual budgets and this is another obstacle standing in the face of repayment of loans because every year the budget shows us a deficit, noting that the loans are not a dilemma for a country like Iraq to issue 4 million barrels of oil but we miss the wise management in this area . 


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    Rocky
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    Al-Daraji: Iraq will not be able to pay its foreign debts for these reasons Empty Former member of parliamentary finance: Iraq will not be able to pay its foreign debts for this reas

    Post by Rocky Sat 28 Jul 2018, 8:14 am

    Former member of parliamentary finance: Iraq will not be able to pay its foreign debts for this reason
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    BAGHDAD / A member of the former parliamentary finance committee, Rahim Darraji, Saturday, that Iraq at the current stage is unable to pay off foreign loans, indicating that the reason is due to lack of wise management and the financial deficit in the budgets.
    "Iraq is currently unable to repay its foreign loans of about $ 112 billion because there is no mentality and methodology capable of managing the country's fiscal and economic policy in a way that will end this chronic crisis," Darraji told Iraq News.
    He added that "the other reason is the existence of fiscal deficit in the annual budgets, and this is another obstacle standing in the face of repayment of loans, because every year the budget shows us a deficit," noting that "loans are not a dilemma for a country such as Iraq to issue 4 million barrels of oil, but we We miss the wise management in this area. "


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