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Borrowing from the International Monetary Fund and the Islamic Development Bank to meet the budget deficit
BAGHDAD / ... Economic Adviser to the Prime Minister D.mzar Mohammed Saleh, on Thursday revealed, for the government to take a number of ways to help fill the shortfall in the general budget for 2015.
Saleh said, in a statement to "Ein Iraq News," that the federal government's actions and the ways many have taken to cover the deficit in the budget of 2015, including domestic borrowing in all its forms and borrowing from the International Monetary Fund, as well as borrowing from the Islamic Development Bank as Iraq holds a membership in it, in addition to the $ 5 billion worth of projects that are repayable on credit after expenses improved oil prices. "
Saleh added that "there are contracts with international companies in order to implement several projects in the energy, construction and also be paid for on credit," adding that "all these things that will clog the shortfall in the budget does not need to be other ways" ./ ended 13
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BAGHDAD / ... Economic Adviser to the Prime Minister D.mzar Mohammed Saleh, on Thursday revealed, for the government to take a number of ways to help fill the shortfall in the general budget for 2015.
Saleh said, in a statement to "Ein Iraq News," that the federal government's actions and the ways many have taken to cover the deficit in the budget of 2015, including domestic borrowing in all its forms and borrowing from the International Monetary Fund, as well as borrowing from the Islamic Development Bank as Iraq holds a membership in it, in addition to the $ 5 billion worth of projects that are repayable on credit after expenses improved oil prices. "
Saleh added that "there are contracts with international companies in order to implement several projects in the energy, construction and also be paid for on credit," adding that "all these things that will clog the shortfall in the budget does not need to be other ways" ./ ended 13
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