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Parliament examines three loan projects
01/08/2015
And brother-Baghdad
The parliamentary Finance Committee confirmed the existence of three loan projects within the corridors of the House of representatives concerning infrastructure and highways.
The Government resorted to the inclusion of material concerning loans in the budget for the year 2015, after the financial crisis faced by Iraq as a result of lower oil prices, which constitute the resource base of revenue.
Commission rapporteur said Ahmed Hama that "Iraq is suffering from a very severe financial crisis, and on loan projects there are three loan projects within House progress belongs to housing and construction, infrastructure and highways."
Hamma said that "these loans is the Islamic Development Bank and construction Bank loan project of Japan", noting that "Iraq push trillions and 255 billion benefit to those loans.
Revealed the Economic Adviser to the Prime Minister Dr. Mohammad Saleh appearance earlier, the IMF agreed in principle to lend Iraq $ 833 million, adding at the same time continuing intergovernmental consultations to fill the current budget deficit 25 trillion dinars.
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01/08/2015
And brother-Baghdad
The parliamentary Finance Committee confirmed the existence of three loan projects within the corridors of the House of representatives concerning infrastructure and highways.
The Government resorted to the inclusion of material concerning loans in the budget for the year 2015, after the financial crisis faced by Iraq as a result of lower oil prices, which constitute the resource base of revenue.
Commission rapporteur said Ahmed Hama that "Iraq is suffering from a very severe financial crisis, and on loan projects there are three loan projects within House progress belongs to housing and construction, infrastructure and highways."
Hamma said that "these loans is the Islamic Development Bank and construction Bank loan project of Japan", noting that "Iraq push trillions and 255 billion benefit to those loans.
Revealed the Economic Adviser to the Prime Minister Dr. Mohammad Saleh appearance earlier, the IMF agreed in principle to lend Iraq $ 833 million, adding at the same time continuing intergovernmental consultations to fill the current budget deficit 25 trillion dinars.
[You must be registered and logged in to see this link.]
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