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Consultant-Abadi: subject of borrowing from international financial organizations to bridge the budget deficit raised
The appearance of Mohammed Saleh
2014/11/27 16: 20
Tomorrow press Baghdad revealed the Prime Minister's Advisor for Economic Affairs Mohammad Saleh appearance Thursday, that borrowing from international financial organizations and intended "the World Bank and the International Monetary Fund" is on the table for discussion when the Government.
He said for "tomorrow," "the diversity of budget resources is required in order for the budget in Iraq are one-sided and based mainly on oil revenues, so it is normal when there is a deficit in the State budget there are sources available from internal and external sources."
Saleh said that "foreign sources such as the IMF and the World Bank are open and available for a number of reasons including that under low oil prices and the federal budget estimates on those prices, the topic will be raised and available borrowing for the Government, as the two institutions where Iraq is an important member of their founders, as well as soft loans and their somewhat acceptable."
He continued that "Iraq may try to borrow from both institutions under agreements signed three conventions proceeded positively with them", adding that "Iraq went to the world market or banks will be most likely the last thing Iraq needed to because those institutions have substantial benefits."
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The appearance of Mohammed Saleh
2014/11/27 16: 20
Tomorrow press Baghdad revealed the Prime Minister's Advisor for Economic Affairs Mohammad Saleh appearance Thursday, that borrowing from international financial organizations and intended "the World Bank and the International Monetary Fund" is on the table for discussion when the Government.
He said for "tomorrow," "the diversity of budget resources is required in order for the budget in Iraq are one-sided and based mainly on oil revenues, so it is normal when there is a deficit in the State budget there are sources available from internal and external sources."
Saleh said that "foreign sources such as the IMF and the World Bank are open and available for a number of reasons including that under low oil prices and the federal budget estimates on those prices, the topic will be raised and available borrowing for the Government, as the two institutions where Iraq is an important member of their founders, as well as soft loans and their somewhat acceptable."
He continued that "Iraq may try to borrow from both institutions under agreements signed three conventions proceeded positively with them", adding that "Iraq went to the world market or banks will be most likely the last thing Iraq needed to because those institutions have substantial benefits."
[You must be registered and logged in to see this link.]
