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Economic parliamentary: borrowing one of the methods to fill the state deficit
7/12/2015 0:00
World Bank provides financial assistance worth 350 million dollars
Baghdad
Economic Commission representative promised that the resort one to borrow from the styles temporary processors for the deficits which ones to suffer the state, as showed that the economic situation in Iraq after the decline in global oil prices has seen a significant deterioration, the bank announced International agreed to provide financial aid worth 350 million dollars to support rebuilding the infrastructure in Iraq.
Member of the Economic Committee Knight Knight explained that Iraq was trying through borrowed from the World Bank not to the detriment of its economy and citizens, especially with the crisis, which is going through.
He said Knight's " morning ": that" States when exposed to economic crises could resort to other methods to cover the deficit in its budget, and this is what is happening in Iraq, "noting that" for each loan and conditions agreement and certain Iraq seeks to these loans not be a big and cause damage to Iraq and its economy. "
Knight He pointed out that "the World Bank impose specific conditions on the loans granted by, and Iraq in one way or seeks the last of these conditions are not reflected negatively on citizens, particularly as we rich countries may suffer from a crisis this year, but the crisis will not last long". While eye Member of the Economic Committee Najiba Najib said the parliament passed the government to borrow to meet its existing deficit. Pointing out the "morning" that Iraq is obliged to borrow from the World Bank because it is in a state of war, live in difficult exceptional circumstances that prompted the government to borrow. "
Najib added that "the borrowing of course religion and the consequent numerous commitments and necessity are what lead us to him," pointing out "It was to determine how much to borrow two billion dollars from the World Bank and two billion dollars from the International Monetary Fund." For his part, warned member of the Economic Committee MP Ali al-Maliki that there are flaws in economic management, not lack of resources or money , noting in a statement the "morning" that "More than 10 trillion Iraqi dinars are present in northern Iraq, and the money withdrawn from the bank without the knowledge of how it was spent." The World Bank announced its approval of the provision of financial aid worth $ 350 million to support rebuilding the infrastructure in Iraq, noting that the aid is part of the program Extended implemented for five years in the provinces of Salahuddin and Dially.oukal the World Bank said in a press statement: "The World Bank board has approved a package of financial aid worth $ 350 million to support rebuilding the infrastructure in Iraq and to restore public services and put the economy on recovery in the areas path which receded by the conflict. "
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7/12/2015 0:00
World Bank provides financial assistance worth 350 million dollars
Baghdad
Economic Commission representative promised that the resort one to borrow from the styles temporary processors for the deficits which ones to suffer the state, as showed that the economic situation in Iraq after the decline in global oil prices has seen a significant deterioration, the bank announced International agreed to provide financial aid worth 350 million dollars to support rebuilding the infrastructure in Iraq.
Member of the Economic Committee Knight Knight explained that Iraq was trying through borrowed from the World Bank not to the detriment of its economy and citizens, especially with the crisis, which is going through.
He said Knight's " morning ": that" States when exposed to economic crises could resort to other methods to cover the deficit in its budget, and this is what is happening in Iraq, "noting that" for each loan and conditions agreement and certain Iraq seeks to these loans not be a big and cause damage to Iraq and its economy. "
Knight He pointed out that "the World Bank impose specific conditions on the loans granted by, and Iraq in one way or seeks the last of these conditions are not reflected negatively on citizens, particularly as we rich countries may suffer from a crisis this year, but the crisis will not last long". While eye Member of the Economic Committee Najiba Najib said the parliament passed the government to borrow to meet its existing deficit. Pointing out the "morning" that Iraq is obliged to borrow from the World Bank because it is in a state of war, live in difficult exceptional circumstances that prompted the government to borrow. "
Najib added that "the borrowing of course religion and the consequent numerous commitments and necessity are what lead us to him," pointing out "It was to determine how much to borrow two billion dollars from the World Bank and two billion dollars from the International Monetary Fund." For his part, warned member of the Economic Committee MP Ali al-Maliki that there are flaws in economic management, not lack of resources or money , noting in a statement the "morning" that "More than 10 trillion Iraqi dinars are present in northern Iraq, and the money withdrawn from the bank without the knowledge of how it was spent." The World Bank announced its approval of the provision of financial aid worth $ 350 million to support rebuilding the infrastructure in Iraq, noting that the aid is part of the program Extended implemented for five years in the provinces of Salahuddin and Dially.oukal the World Bank said in a press statement: "The World Bank board has approved a package of financial aid worth $ 350 million to support rebuilding the infrastructure in Iraq and to restore public services and put the economy on recovery in the areas path which receded by the conflict. "
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