Home
Parliamentary Finance reveal the fiscal deficit to Iraq
Parliamentary Finance Committee revealed on Monday that the leaked draft of the federal budget for the next year in 2015 showed that the deficit of around 47 trillion dinars.
He said the Finance Committee decision in the House of Representatives, Ahmed Hama Rasheed, said that "the employees' salaries can not handle this amount and therefore the government will not dedicate yourself to in addressing the current crisis, what will be paid to rely on other income in the forefront of taxes and be aware that the price of a barrel of oil in proportion to the prevailing globally and not to exaggerate cum so as not to adversely affect the Iraqi economy. "
He added that "registered indicators show that global oil prices will remain below $ 60 until the end of June of next year, therefore the government should remain alert and follow the rational in guidance policy on spending," following up "The Development Fund for Iraq (DFI) Khao of any amount This should not be directed to pay the government set their sights on the withdrawal of foreign reserves at the central bank if degradation and spending on the military's continued. "(AA)
[You must be registered and logged in to see this link.]
