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Parliamentary Finance confirms that rely on international bond threat to economy
8/20/15
Tomorrow Press / Baghdad: confirmed by the parliamentary finance committee, Ola Nashi, Thursday, that dependence on international bonds will display the future of the Iraqi economy at risk, calling on the government to rely on the issuance of bonds to the public Iraqi government guarantees.
Nashi said in a press statement received by "tomorrow Press," that "the dependence on international bonds will display the future of the Iraqi economy at risk, especially since oil prices unknown."
The government has called to "rely on the issuance of bonds to the public the Iraqi government guarantees, in order to reduce the budget deficit", stressing the need to "encourage Optional savings for citizens and take advantage of the Iraqi capital within and outside the country."
And see oil prices large fluctuation almost a year ago, reaching oil prices for crude "Brent" during the past two days to $ 48 a barrel, which means less than the price, which was approved budget for Iraq in 2015, eight dollars, which increases the country's budget deficit, the fact that oil is basic source of revenue for Iraq.
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8/20/15
Tomorrow Press / Baghdad: confirmed by the parliamentary finance committee, Ola Nashi, Thursday, that dependence on international bonds will display the future of the Iraqi economy at risk, calling on the government to rely on the issuance of bonds to the public Iraqi government guarantees.
Nashi said in a press statement received by "tomorrow Press," that "the dependence on international bonds will display the future of the Iraqi economy at risk, especially since oil prices unknown."
The government has called to "rely on the issuance of bonds to the public the Iraqi government guarantees, in order to reduce the budget deficit", stressing the need to "encourage Optional savings for citizens and take advantage of the Iraqi capital within and outside the country."
And see oil prices large fluctuation almost a year ago, reaching oil prices for crude "Brent" during the past two days to $ 48 a barrel, which means less than the price, which was approved budget for Iraq in 2015, eight dollars, which increases the country's budget deficit, the fact that oil is basic source of revenue for Iraq.
[You must be registered and logged in to see this link.]
