He warned in a parliamentary finance committee member, of the danger of bankruptcy State-owned banks because of government lending them.
He said Hossam punitive in a press statement that the government borrowed from banks and the government since January of this year and the end of the month of May 7 trillion dinars due to the financial crisis without the government which is due anything for these banks. "
He added," The government also did not return for the banks that lent including last year threatens banks withbankruptcy and fiscal deficits, and this crisis real should reconsider it. "
it seeks member of the Organization of Petroleum exporting countries Iraq [OPEC] to get support for its budget from the international community after shrinking revenues due to the oil price collapse two years ago , resulting in a widening the budget deficit and delayed benefits companies producing raw sewage.
the Ministry of Finance has announced that in 19 of the last may Iraq for a loan exceeds the $ 5.4 billion interest rate of 1.5% from the international Monetary Fund might allow Iraq to get another $ 15 billion in international aid over thenext three years, as the Islamic development Bank announced it was considering lend Iraq $ 3 billion in thereconstruction of liberated areas and rehabilitation of infrastructure.
showed a document to the IMF , it is expected that Iraq is facing a funding gap of up to $ 17 billion in the current year unless he can measure more money.
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