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Antoine: Excessive expenditure of governments stopped 6,000 service projects
14:05 - 31/07/2019
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Iraq Projects
Information / Baghdad ..
The economic expert on behalf of Antoine on Wednesday, the cessation of more than 6000 service projects because of corruption and successive government spending government expenses and expenses are not important, noting that the International Monetary Fund warned of the suspension of loans and financial support in the event of continuing the government agreement.
Antoine said in a statement to the "information" that "the current government continues in the policies of spending, similar to the previous governments in the spending on salaries and travel and the expenses of the three presidencies and wheel fuel and protections."
He added that "the Ministry of Planning indicated the cessation of 6000 service and strategic projects because of the lack of financial liquidity while governments continue to spend on travel, salaries and other expenses and not fight corruption effectively."
Antoine explained that "the best solution is to re-planning the budgets of the future and benefit from the increase in oil prices to complete projects and add productive items to reduce dependence on oil," noting that "the IMF warned [You must be registered and logged in to see this link.] to stop lending and advised them to rethink government waste." Ending / 25 d
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