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Parliament authorizes the Ministry of Finance to borrow from the central bank to cover the deficit
24/02/2015 06:29
BAGHDAD / Source News /..avad Chairman of the Committee on Economy and Investment parliamentary Jawad al-Bolani, Alathlathae, that the House of Representatives authorized the Ministry of Finance to borrow from the central bank to meet the fiscal deficit in the budget.
Bolani said in a press statement followed the agency Source News / "The budget explained the steps taken by the government and Ministry of Finance on borrowing the issue of whether internally or externally," by asserting that "the situation in Iraq Financial is not borne out of bankruptcy, as expressed by some political circles, but financial hardship temporary. "
He pointed to "the existence of alternatives to address the financial distress, which follow the barter system, it is possible to import the ration card through the system, instead of purchasing and output of hard currency," pointing out that "this is part of the solutions, where we have agreed on the development of the private sector, which anchor is important to the economy of Iraq. "
Bolani called the state and its institutions to "strongly oriented investment."
Parliamentary Finance Committee and confirmed earlier that the central bank of the budget support six trillion dinars came to cover the deficit Faha.anthy 19 N.
Barter which is Oil Credit's...
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24/02/2015 06:29
BAGHDAD / Source News /..avad Chairman of the Committee on Economy and Investment parliamentary Jawad al-Bolani, Alathlathae, that the House of Representatives authorized the Ministry of Finance to borrow from the central bank to meet the fiscal deficit in the budget.
Bolani said in a press statement followed the agency Source News / "The budget explained the steps taken by the government and Ministry of Finance on borrowing the issue of whether internally or externally," by asserting that "the situation in Iraq Financial is not borne out of bankruptcy, as expressed by some political circles, but financial hardship temporary. "
He pointed to "the existence of alternatives to address the financial distress, which follow the barter system, it is possible to import the ration card through the system, instead of purchasing and output of hard currency," pointing out that "this is part of the solutions, where we have agreed on the development of the private sector, which anchor is important to the economy of Iraq. "
Bolani called the state and its institutions to "strongly oriented investment."
Parliamentary Finance Committee and confirmed earlier that the central bank of the budget support six trillion dinars came to cover the deficit Faha.anthy 19 N.
Barter which is Oil Credit's...
[You must be registered and logged in to see this link.]
