Al-Darraji: The Finance Ministry wants to borrow again from the central bank’s reserves
A member of the Parliamentary Finance Committee, Representative Muhammad Sahib Al-Darraji, confirmed today, Sunday, that the Ministry of Finance wants to borrow again from the Central Bank's reserve.
Al-Darraji wrote in his tweet on Twitter, "When we were hosted by the Ministers of Finance and Planning on September 10 in the House of Representatives about non-compliance with the borrowing law by submitting a reform paper, and they promised us to submit a draft by the end of September and a final version applicable in mid-October."
He continued, "For today, they did not present the draft. They want to borrow again from the central bank’s reserves."
Earlier, Finance Minister Ali Abdul-Amir Allawi said that paying employees' salaries is a matter related to the House of Representatives voting on the borrowing law, stressing that this step would address the current deficit in the country.
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