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Abadi Office: government borrowing 11 trillion dinars from the central bank can address the budget deficit in 2015
02/20/2015
Awan / Baghdad
Counting the Information Office of the Prime Minister, Haider al-Abadi, on Friday, to borrow nearly 11 trillion dinars from the Central Bank and the Rafidain and Rasheed, can be treated with balancing the current 2015 deficit, while expressed optimism that contribute to the high price of oil to world markets by reducing the deficit.
The spokesman said behalf of the Bureau, Saad al-Sabri, in a statement received "time", a copy of which, "The domestic borrowing was approved in the current 2015 budget law, through the Central Bank of Iraq to purchase worth six trillion dinars of Treasury bills and money orders," returned to it. " is a borrow-lined process. "
He added newborn, that "the government would borrow nearly five trillion dinars, other than a bank Rafidain and Rasheed, according to the approved budget also," adding that "it can address the part of the current fiscal deficit."
explained a spokesman for the Information Office For Ebadi, that these "precautionary measures put in the budget, while the price of a barrel of oil is expected about fifty dollars," adding, "but that the price rose to between $ 60 to $ 65 a barrel and is expected to continue climbing in the coming weeks, what contributes to reduce the current budget deficit of 25 trillion dinars. "
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02/20/2015
Awan / Baghdad
Counting the Information Office of the Prime Minister, Haider al-Abadi, on Friday, to borrow nearly 11 trillion dinars from the Central Bank and the Rafidain and Rasheed, can be treated with balancing the current 2015 deficit, while expressed optimism that contribute to the high price of oil to world markets by reducing the deficit.
The spokesman said behalf of the Bureau, Saad al-Sabri, in a statement received "time", a copy of which, "The domestic borrowing was approved in the current 2015 budget law, through the Central Bank of Iraq to purchase worth six trillion dinars of Treasury bills and money orders," returned to it. " is a borrow-lined process. "
He added newborn, that "the government would borrow nearly five trillion dinars, other than a bank Rafidain and Rasheed, according to the approved budget also," adding that "it can address the part of the current fiscal deficit."
explained a spokesman for the Information Office For Ebadi, that these "precautionary measures put in the budget, while the price of a barrel of oil is expected about fifty dollars," adding, "but that the price rose to between $ 60 to $ 65 a barrel and is expected to continue climbing in the coming weeks, what contributes to reduce the current budget deficit of 25 trillion dinars. "
[You must be registered and logged in to see this link.]
