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[size=30]Iraq returns to talk about "borrowing" and a drop in oil may loom on the horizon .. Will the crisis return?
2021-05-07
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Yes Iraq: Baghdad
On Friday, the Parliamentary Finance Committee confirmed Iraq's need for internal and external loans within the 2021 budget.
Committee member Muhammad al-Shabaki said in a statement to the official agency, that “the estimation of internal and external loans in the 2021 budget was carried out after studies were conducted by the Ministries of Planning and Finance,” indicating that “it was agreed that Iraq needs these loans after I met objections within the House of Representatives from some The blocs that had a vision related to Iraq not needing these loans.
"Oil prices are still fluctuating, and it is not possible to build loans based on these prices," Al-Shibki added, pointing out that "the coming days and weeks may witness a decrease in oil prices."
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