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Finance issues a statement regarding talk about losing six trillion Iraqi dollars

rocky
rocky
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Finance issues a statement regarding talk about losing six trillion Iraqi dollars Empty Finance issues a statement regarding talk about losing six trillion Iraqi dollars

Post by rocky on Fri 02 Oct 2020, 9:33 am

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[size=52]Finance issues a statement regarding talk about losing six trillion Iraqi dollars[/size]

[size=45]On Thursday, the Ministry of Finance issued a statement regarding talk of losing six trillion Iraqi dollars, confirming its categorical rejection of the allegations of social media.[/size]
[size=45]The ministry said in a statement that it "categorically rejects the claims of social media that 6 trillion Iraqi dinars cannot be tracked through the borrowing of 15 trillion dinars that was approved by the House of Representatives in May 2020."[/size]
[size=45]"The loan amounts approved by the House of Representatives were used in full to finance the deficit in spending on salaries and retirement for the months of June, July and August," she added.[/size]
[size=45]The ministry pointed out that “the net oil and non-oil revenues for the period 1/1 _ 17/9/2020 amounted to 33.6 trillion dinars, and the balance rounded from 2019 to 2020 amounted to 5 trillion dinars, and the total borrowing amounted to 14.5 trillion dinars, thus the total financing 53.1 trillion dinars.[/size]
[size=45]"An amount of 50.9 trillion dinars has been funded for salaries, retirement, social protection network, indebtedness, interest, ration card, wheat, operating expenses for security departments, presidencies, health departments, medicines ... etc, and an amount of 380 billion dinars for investment projects, according to work achievements."[/size]
[size=45]She indicated that "the remaining amount of 1.8 trillion dinars is continuing with the accounting department with financing from the original loan," indicating that "the amount of foreign borrowing approved by the House of Representatives at an amount of $ 5 billion will be directed to investment projects."[/size]
[size=45]"The Ministry of Finance is using all its energies to successfully manage the current financial crisis, and the Ministry of Finance warns that such statements in light of the current financial crisis are absolutely irresponsible and generate unnecessary anxiety among the general public," the ministry statement noted.[/size]
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    Current date/time is Mon 30 Nov 2020, 6:02 am