December 25, 2014 radronin
Member of the National Alliance confirms the existence of a move to the World Bank to borrow to meet financial obligations
{Baghdad: Euphrates News} stressed member of the National Alliance MP Faleh al-Khazali, and there is a movement on the World Bank to borrow to fulfill the financial obligations of some ministries.
The MP said Khazali told {Euphrates News} that “as a result of security operations and file of the displaced and the decline globally Iraqi oil exports and lower prices, certainly there was a deficit in the federal financial budget for next year, especially since the country depends on the oil industry in imports, indicating that The deficit amounted to 25 trillion dinars. “
He said al-Khazali said that “there are doors that are listed in the budget, a move the World Bank to borrow to fulfill the financial obligations of some ministries.”
The House of Representatives has ended the day Thursday for the first reading of the draft federal financial budget bill for next year, The estimated revenue for 99801875000 thousand dinars {ninety nine thousand, eight hundred and one billion, eight hundred and seventy-five thousand dinars}, while the financial year expenditure amounted to next year 125203110783 thousand dinars {One hundred and twenty-five thousand, two hundred and three billion, one hundred and ten million seven hundred and eighty-three thousand dinars}.
The Thursday parliamentary session saw the assignment of President of the Council, Salim al-bill to the Finance Committee; for the purpose of preparing a detailed report on the second reading, and submitted to the day Wednesday, 01/07/2015. Ended t
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