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Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Iraqi President approves the internal/external borrowing law

chouchou
chouchou
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Join date : 2012-12-20

Iraqi President approves the internal/external borrowing law Empty Iraqi President approves the internal/external borrowing law

Post by chouchou on Fri 26 Jun 2020, 3:33 am

Shafaq News / The Iraqi President, Barham Salih, approved today, Thursday, the local and external borrowing law.
According to a statement issued by the presidential media office, and received by Shafaq News agency, Salih confirmed that, "the law aims to ease the financial crisis the country is going through, and to finance the salaries of employees, retirees and necessary government expenses".
It is noteworthy that the law allows the government to borrow 5 billion dollars (external borrowing) and 15 trillion dinars (internal borrowing) to address the financial deficit in the country.
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    Current date/time is Thu 06 Aug 2020, 8:31 am