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Parliamentary Economy: wars depleted the treasury and the government borrows billions of dollars
5/10/2015
A commission of economy and investment representative, Saturday, for the government to borrow $ 800 million from the International Monetary Fund, stressing that the military expenditure of millions of dollars and the cause of austerity and deficit of the state budget measures. He said committee member Najiba Najib's / scales News / "The government borrowed $ 800 million from Snodq Alguend and 9 trillion Iraqi dinars from the Rafidain and Rasheed Bank to fill Ajou Add to issue financial bonds worth $ 5 billion."
He said Najib, said that "the war experienced by Iraq against the terrorist organization Daash depleted budget for the fiscal state and its treasury," pointing out that "military spending millions of dollars and increased commitments from the government to repay."
This "revealed the advisers to the prime minister for" The assistance provided by the World Bank to Iraq surpassed the billion dollars, while the World Bank presented a report which said that the amounts spent on projects amounted to about $ 430 million.A statement issued by the Authority: held at the tenth meeting of the Commission for Follow-up Committee of the World Bank-funded projects co-chaired by the President of the advisers and the Chairman of the Committee Thamer Ghadhban and Mary Helen president of the country team to the World Bank in Iraq. "
And pass "Iraq state of war against al Daash after the terrorist control of the city of Mosul in the 10th of June, which the government called for contracts to arm the security forces and the army and the purchase of weapons, very large amounts of money burdened state" .anthy / 29 / d 24 budget
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5/10/2015
A commission of economy and investment representative, Saturday, for the government to borrow $ 800 million from the International Monetary Fund, stressing that the military expenditure of millions of dollars and the cause of austerity and deficit of the state budget measures. He said committee member Najiba Najib's / scales News / "The government borrowed $ 800 million from Snodq Alguend and 9 trillion Iraqi dinars from the Rafidain and Rasheed Bank to fill Ajou Add to issue financial bonds worth $ 5 billion."
He said Najib, said that "the war experienced by Iraq against the terrorist organization Daash depleted budget for the fiscal state and its treasury," pointing out that "military spending millions of dollars and increased commitments from the government to repay."
This "revealed the advisers to the prime minister for" The assistance provided by the World Bank to Iraq surpassed the billion dollars, while the World Bank presented a report which said that the amounts spent on projects amounted to about $ 430 million.A statement issued by the Authority: held at the tenth meeting of the Commission for Follow-up Committee of the World Bank-funded projects co-chaired by the President of the advisers and the Chairman of the Committee Thamer Ghadhban and Mary Helen president of the country team to the World Bank in Iraq. "
And pass "Iraq state of war against al Daash after the terrorist control of the city of Mosul in the 10th of June, which the government called for contracts to arm the security forces and the army and the purchase of weapons, very large amounts of money burdened state" .anthy / 29 / d 24 budget
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