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Parliamentary support economic recommends three institutions to meet the 2016 budget deficit
September 5, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - the Investment Committee and the parliamentary Economy recommended the government to support the Agricultural Bank and Industrial Bank housing fund for the purpose of controlling the budget deficit in 2016.
Deputy Chairman of the Committee Harith Sinead's (IMN) "It is possible to control the fiscal deficit and austerity in the budget 2016 through the provision of liquidity to banks, agriculture, industry and encase the housing", pointing out that "the Committee recommended the government to find cash to support those institutions."
The Commission on Economy and Investment parliamentary earlier, that the export of oil prices are not fixed, and there is difficulty in determining the price of a barrel speculative to determine the 2016 budget.
Sinead said that "some neighboring countries pumping large amounts of crude oil, which contributed to the decline in the sale of Iraqi barrel to below fifty dollars," calling on the government to "pump very large quantities to address the economic situation of the country."
The parliamentary Finance Committee announced earlier, a tendency to reduce the ministries, agencies and government agencies spending to its lowest level in order to reduce the fiscal deficit in the federal budget size.
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September 5, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - the Investment Committee and the parliamentary Economy recommended the government to support the Agricultural Bank and Industrial Bank housing fund for the purpose of controlling the budget deficit in 2016.
Deputy Chairman of the Committee Harith Sinead's (IMN) "It is possible to control the fiscal deficit and austerity in the budget 2016 through the provision of liquidity to banks, agriculture, industry and encase the housing", pointing out that "the Committee recommended the government to find cash to support those institutions."
The Commission on Economy and Investment parliamentary earlier, that the export of oil prices are not fixed, and there is difficulty in determining the price of a barrel speculative to determine the 2016 budget.
Sinead said that "some neighboring countries pumping large amounts of crude oil, which contributed to the decline in the sale of Iraqi barrel to below fifty dollars," calling on the government to "pump very large quantities to address the economic situation of the country."
The parliamentary Finance Committee announced earlier, a tendency to reduce the ministries, agencies and government agencies spending to its lowest level in order to reduce the fiscal deficit in the federal budget size.
[You must be registered and logged in to see this link.]
