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Called to reconsider the budget .. Central bank: is able to cover the deficit of financial institutions
The Central Bank, on Sunday, that the Iraqi financial institutions are "unable" to cover the fiscal deficit, and stressed the need to re-examine the structure of the budget and tunnels. The governor of the Central Bank of Iraq on the Keywords in an interview for a number of media on the sidelines of the Conference.
Union:
The Central Bank, on Sunday, that the Iraqi financial institutions are "unable" to cover the fiscal deficit, and stressed the need to re-examine the structure of the budget and tunnels. The governor of the Central Bank of Iraq on the Keywords in an interview for a number of media on the sidelines of the third internal financial control conference held by the General Secretariat of the Council of Ministers, said that "what is facing Iraq today is a result of lower oil imports could be addressed at two levels," said Alak, the "first level lies in the topical treatment through what could be earned by the state from internal or external loans, "noting that" the second level lies in the long-term treatments through to reconsider the structure of the economy and financial management of the country and diversify sources of income. "
Keywords and continued that "the Iraqi financial institutions all will not be able to bridge the fiscal deficit in the country when it is in significant levels, "stressing that" this calls for a reconsideration of the structure of the budget and structural tunnels and diversify sources of income and achieve invest more broadly, the first alternative and better in order to attract capital and operation of labor. "
Keywords and continued that "the reserves of the Central Bank of the money variable number probably on a daily basis, according to oil exports and cover changing imports," pointing out that "the Central Bank maintains reserves at a rate of one of the very best in the world rates compared monetary mass in circulation and this is the force that is calculated by the Reserve" . Keywords and pointed out that "Iraq's reserves are still covers the money supply more than one and a half times in Iraq, a high percentage compared by coverage in the world, ranging from 70 to 100%."
The House of Representatives, ended the second reading of the draft financial budget for the current year 2015, During its fourth meeting of the second legislative term of the first legislative year, which was held on Monday (January 12, 2015), while meeting rose to next Tuesday.
complains general budget for 2015 from a large deficit could be up to 25% because of the collapse of oil prices
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The Central Bank, on Sunday, that the Iraqi financial institutions are "unable" to cover the fiscal deficit, and stressed the need to re-examine the structure of the budget and tunnels. The governor of the Central Bank of Iraq on the Keywords in an interview for a number of media on the sidelines of the Conference.
Union:
The Central Bank, on Sunday, that the Iraqi financial institutions are "unable" to cover the fiscal deficit, and stressed the need to re-examine the structure of the budget and tunnels. The governor of the Central Bank of Iraq on the Keywords in an interview for a number of media on the sidelines of the third internal financial control conference held by the General Secretariat of the Council of Ministers, said that "what is facing Iraq today is a result of lower oil imports could be addressed at two levels," said Alak, the "first level lies in the topical treatment through what could be earned by the state from internal or external loans, "noting that" the second level lies in the long-term treatments through to reconsider the structure of the economy and financial management of the country and diversify sources of income. "
Keywords and continued that "the Iraqi financial institutions all will not be able to bridge the fiscal deficit in the country when it is in significant levels, "stressing that" this calls for a reconsideration of the structure of the budget and structural tunnels and diversify sources of income and achieve invest more broadly, the first alternative and better in order to attract capital and operation of labor. "
Keywords and continued that "the reserves of the Central Bank of the money variable number probably on a daily basis, according to oil exports and cover changing imports," pointing out that "the Central Bank maintains reserves at a rate of one of the very best in the world rates compared monetary mass in circulation and this is the force that is calculated by the Reserve" . Keywords and pointed out that "Iraq's reserves are still covers the money supply more than one and a half times in Iraq, a high percentage compared by coverage in the world, ranging from 70 to 100%."
The House of Representatives, ended the second reading of the draft financial budget for the current year 2015, During its fourth meeting of the second legislative term of the first legislative year, which was held on Monday (January 12, 2015), while meeting rose to next Tuesday.
complains general budget for 2015 from a large deficit could be up to 25% because of the collapse of oil prices
[You must be registered and logged in to see this link.]
