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Parliamentary economy "concerned" about the accumulation of debt and warns of "crisis similar to the years before 2003."
Baghdad / pro-Kanani term
Parliamentary economy "concerned" about the accumulation of debt and warns of "crisis similar to the years before 2003."
Baghdad / pro-Kanani term
The Committee on the economy and investing in the House of Representatives, on Monday, expressed concern about the lack of thepossibility of Iraq 's commitment to its commitments and fulfill the loans granted tohim from international institutions, while confirming that it will lead to the accumulation of debt, warned of " a similar economic crisis to have passed by the country before 2003, called economic experts on the government to invest foreign loans set up strategic projects generate money for the state treasury.
she said committee member Nora Albjara in an interview to the (long - Presse), " the Committee is concerned about the loans received by Iraq from international financial institutions, for fear of inability to Iraq meet those loans, "warning that" the face of Iraq 's economic conditions similar to those prior to 2003, where he was suffering from the debt accumulation of up to 125 billion dollars. "
she Albjara, that" Iraq is facing another problem is the mechanism of the distribution of loans to the provinces of Iraq and how to achieve justice in distributed. "
on his part , said economist Mustafa Mohammed expert beloved in an interview for the " long ", that" Iraq 'splans to overcome the financial crisis experienced by borrowing from international institutions need to restructure some of the economic joints task. "
he added that" begin the process of reducing its government Federal by reducing the number of its human resources , which exceeded four million employees in addition to determining the priorities of exchange ruling sectors such as defense, health and education as well as necessary for citizens daily services. "
He explained the beloved" The credit earned by Iraq 's money does not clog only 4% of the overall budget deficit , despite oil prices rise slightly since nearly five months, but the previous government debt is still pressure on the current year 's budget. "
He said the " Foreign loans are considered deferred debt, so the government avoid dependence upon key key to solve the financial crisis. "
He said "Investment grants and loans set up strategic projects that can generate money for the Treasury and provide jobs for the unemployed dry as channel and the port of Faw and take advantage of natural gas reserves."
the economic Committee in the House of Representatives confirmed, at the (July 28, 2016), that thegovernment exceeded the financial crisis that the country has witnessed during the past period, and criticized as "did not take them" a lesson to cope with emergency situations in the future , "and while pointing an economist to the government 's need to conduct an austerity operations and the development of " long - and short - term plans to address the crisis, "expressed regret" for the delay and the random and the government 's benefit experiences and competencies of Iraq. "
He revealed financial advisor to the Prime Minister and the appearance of Mohammed Saleh, Friday (May 27 2016), that the amount of " international financial umbrella "will get Iraq estimated at approximately 20 billion dollars, while the economic and investment commission in the House of Representatives called for a focus over the actual need of loans and how to spend to strengthen the national economy.
the Iraqi Ministry of planning confirmed on Sunday (January 2016 10), that the application of the payment system on credit will include water, sewage, energy, oil and road projects, and pointed out that the loan ceiling under which "will not overtax" the Iraqi economy as it does not exceed five trillion dinars, and as promised it necessary to complete the project about six thousand dilatory and save it from extinction, assured the economic Adviser to the Prime Minister objecting to the system which is the need to overcome the current special stage.
she said committee member Nora Albjara in an interview to the (long - Presse), " the Committee is concerned about the loans received by Iraq from international financial institutions, for fear of inability to Iraq meet those loans, "warning that" the face of Iraq 's economic conditions similar to those prior to 2003, where he was suffering from the debt accumulation of up to 125 billion dollars. "
she Albjara, that" Iraq is facing another problem is the mechanism of the distribution of loans to the provinces of Iraq and how to achieve justice in distributed. "
on his part , said economist Mustafa Mohammed expert beloved in an interview for the " long ", that" Iraq 'splans to overcome the financial crisis experienced by borrowing from international institutions need to restructure some of the economic joints task. "
he added that" begin the process of reducing its government Federal by reducing the number of its human resources , which exceeded four million employees in addition to determining the priorities of exchange ruling sectors such as defense, health and education as well as necessary for citizens daily services. "
He explained the beloved" The credit earned by Iraq 's money does not clog only 4% of the overall budget deficit , despite oil prices rise slightly since nearly five months, but the previous government debt is still pressure on the current year 's budget. "
He said the " Foreign loans are considered deferred debt, so the government avoid dependence upon key key to solve the financial crisis. "
He said "Investment grants and loans set up strategic projects that can generate money for the Treasury and provide jobs for the unemployed dry as channel and the port of Faw and take advantage of natural gas reserves."
the economic Committee in the House of Representatives confirmed, at the (July 28, 2016), that thegovernment exceeded the financial crisis that the country has witnessed during the past period, and criticized as "did not take them" a lesson to cope with emergency situations in the future , "and while pointing an economist to the government 's need to conduct an austerity operations and the development of " long - and short - term plans to address the crisis, "expressed regret" for the delay and the random and the government 's benefit experiences and competencies of Iraq. "
He revealed financial advisor to the Prime Minister and the appearance of Mohammed Saleh, Friday (May 27 2016), that the amount of " international financial umbrella "will get Iraq estimated at approximately 20 billion dollars, while the economic and investment commission in the House of Representatives called for a focus over the actual need of loans and how to spend to strengthen the national economy.
the Iraqi Ministry of planning confirmed on Sunday (January 2016 10), that the application of the payment system on credit will include water, sewage, energy, oil and road projects, and pointed out that the loan ceiling under which "will not overtax" the Iraqi economy as it does not exceed five trillion dinars, and as promised it necessary to complete the project about six thousand dilatory and save it from extinction, assured the economic Adviser to the Prime Minister objecting to the system which is the need to overcome the current special stage.
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