[size=36]Victory warns of the country's financial paralysis and confirms: The government may be unable to pay salaries[/size]
Political | 03:13 - 07/03/2020
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Baghdad - Mawazine News
, Al-Nasr coalition warned, on Saturday, of a financial deficit that paralyzes the country's obligations, and exposes the country to a societal security collapse due to a miserable economic and financial policy that led to the financial and economic deficit, while noting that the government may be unable to pay salaries at the end of this year.
The coalition said in a statement that Mawazine News received a copy of it, "The failure of the financial and economic policies of the current government, and the policy of corrupt wasteful spending helped us enter the financial and economic danger zone. The budget deficit exceeds 50 trillion dinars, which is increasing, despite the huge financial balance inherited by the current government." Its waste, and that the current and expected decline in oil prices will put the state in the deficit to pay salary and operational budget benefits by the end of this year.
He added, "The significant decline in global financial markets, the continuous decline in oil prices, the impact of epidemics and hotbeds of global tension have led to a serious decline in the movement of the international economy, and the features of the economic recession today seem closer than ever, and Iraq is more likely than others to receive these economic shocks because of The irrational policy of the current government that reaches the level of breach of trust in the government. "
He pointed out, "The absence of financial and economic vision, the persistence of quotas corruption, the weak control of the state authorities over its institutions, its failure to effectively manage government, and the plundering of state resources by power centers, are all factors that will lead the country to an economic catastrophe we warn against falling into, and we hold the government and political forces It has produced and which now hinders the commissioning of an independent and effective government. We bear full national and historical responsibility for what will become of the Iraqi state. ”Ended 29 / h
, Al-Nasr coalition warned, on Saturday, of a financial deficit that paralyzes the country's obligations, and exposes the country to a societal security collapse due to a miserable economic and financial policy that led to the financial and economic deficit, while noting that the government may be unable to pay salaries at the end of this year.
The coalition said in a statement that Mawazine News received a copy of it, "The failure of the financial and economic policies of the current government, and the policy of corrupt wasteful spending helped us enter the financial and economic danger zone. The budget deficit exceeds 50 trillion dinars, which is increasing, despite the huge financial balance inherited by the current government." Its waste, and that the current and expected decline in oil prices will put the state in the deficit to pay salary and operational budget benefits by the end of this year.
He added, "The significant decline in global financial markets, the continuous decline in oil prices, the impact of epidemics and hotbeds of global tension have led to a serious decline in the movement of the international economy, and the features of the economic recession today seem closer than ever, and Iraq is more likely than others to receive these economic shocks because of The irrational policy of the current government that reaches the level of breach of trust in the government. "
He pointed out, "The absence of financial and economic vision, the persistence of quotas corruption, the weak control of the state authorities over its institutions, its failure to effectively manage government, and the plundering of state resources by power centers, are all factors that will lead the country to an economic catastrophe we warn against falling into, and we hold the government and political forces It has produced and which now hinders the commissioning of an independent and effective government. We bear full national and historical responsibility for what will become of the Iraqi state. ”Ended 29 / h
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