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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

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    Parliamentary Economy: The government does not intend to borrow abroad to solve the financial crisis

    Rocky
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    Parliamentary Economy: The government does not intend to borrow abroad to solve the financial crisis Empty Parliamentary Economy: The government does not intend to borrow abroad to solve the financial crisis

    Post by Rocky Sat 18 Apr 2020, 3:10 pm


    Parliamentary Economy: The government does not intend to borrow abroad to solve the financial crisis

    19:39 - 18/04/2020



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    The Parliamentary Economy and Investment Committee confirmed, on Saturday, that the Iraqi government has no intention of borrowing abroad to solve the financial crisis and secure employee salaries.
    Committee member Mithaq Ibrahim said in a statement to "Information", that "the government is able to avoid the financial crisis at the present time by using internal loans or activating some resources", pointing out that "activating the industry and agriculture can bridge the financial losses due to the collapse of oil."
    She added, "The government has a responsibility to search for other alternatives to move away from total dependence on oil revenues," noting that "the government does not intend for the time being to go towards external borrowing to solve the financial crisis it is going through to secure the salaries of employees."
    She noted that "the salaries of employees will be fully secured for the current month," explaining that "the financial crisis may be observed directly during the next month in the event that oil prices continue to fall." It ended 25 T.


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