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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    A member of the parliamentary Finance: State-owned banks facing bankruptcy

    Rocky
    Rocky
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    A member of the parliamentary Finance: State-owned banks facing bankruptcy Empty A member of the parliamentary Finance: State-owned banks facing bankruptcy

    Post by Rocky Wed 15 Jun 2016, 6:43 am

    [size=30]A member of the parliamentary Finance: State-owned banks facing bankruptcy[/size]
    15/06/2016 10:21 | Number of Views: 313
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    Direction Press / follow-up
    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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