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[size=30]Documents ... Parliamentary Finance Comments on the Borrowing Law: Exaggerated numbers and dumping of debts on the country!
2020-10-24
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Yes Iraq: Baghdad
"Yes Iraq" obtained documents issued by the Parliamentary Finance Committee today, Saturday, regarding the financing law, the fiscal deficit (borrowing).
The committee said, according to the facts, that "the borrowing principle adopted by the Fiscal Deficit Financing Law, and before it, the borrowing law is not in the interest of the country and the people and leads to an economic collapse and drowning the country with debt."
The committee indicated that it "will proceed towards enacting the law, but not with the figures currently proven, as they are very exaggerated numbers."
On the other hand, the committee pointed out that "the government is 9 days late in submitting the 2021 budget law according to the legal timings and the Financial Management Law."
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