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Cabinet authorizes the Minister of Finance to issue foreign bonds worth two billion dollars
Economy News / Baghdad ...
Information Office of the Prime Minister, on Wednesday, announced that the Council of Ministers voted to authorize the Minister of Finance to issue foreign bonds worth two billion dollars, one billion dollars guaranteed by the US government, as he pointed to agree that the share of each sector (transport - production - distribution) to the Ministry of Electricity imports collection through contracts between the sectors.
The office said in a statement seen by "Economy News" that "the Council of Ministers voted during its regular meeting held today, to authorize the Minister of Finance to issue foreign bonds worth 2 billion dollars, billion dollars, including guaranteed by the US government, the ministry is issuing billion external rate bonds the market for the purpose of bridging the budget deficit, according to article 2 / II / a of the federal budget for the year 2016 Act. "
He said the office, that "with respect to the collection of electrical energy have been approved to be the share of each sector (transport - production - distribution) to the Ministry of Electricity imports collection through contracts between the sectors," adding that "the ministry's use of imports for each sector to spend on projects investment and operational sector mentioned. "
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| Cabinet authorizes the Minister of Finance to issue foreign bonds worth two billion dollars | |
Economy News / Baghdad ...
Information Office of the Prime Minister, on Wednesday, announced that the Council of Ministers voted to authorize the Minister of Finance to issue foreign bonds worth two billion dollars, one billion dollars guaranteed by the US government, as he pointed to agree that the share of each sector (transport - production - distribution) to the Ministry of Electricity imports collection through contracts between the sectors.
The office said in a statement seen by "Economy News" that "the Council of Ministers voted during its regular meeting held today, to authorize the Minister of Finance to issue foreign bonds worth 2 billion dollars, billion dollars, including guaranteed by the US government, the ministry is issuing billion external rate bonds the market for the purpose of bridging the budget deficit, according to article 2 / II / a of the federal budget for the year 2016 Act. "
He said the office, that "with respect to the collection of electrical energy have been approved to be the share of each sector (transport - production - distribution) to the Ministry of Electricity imports collection through contracts between the sectors," adding that "the ministry's use of imports for each sector to spend on projects investment and operational sector mentioned. "
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