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Expert confirms the existence of solutions to meet the budget deficit without recourse to borrowing: Run productivity
10.11.2015
He stressed the economic expert Abdul Hassan al-Shammari, Sunday, having to cover the deficit in the public budget solutions without external borrowing, indicating that Iraq needs to run the wheel of agricultural and industrial productivity.
Al-Shammari said L / scales News / that "Iraq must not borrow because there are to fill the budget deficit without the need to borrow and we raised these solutions to the advisers and the Central Bank of Iraq solutions," pointing out that "Iraq is a rich country and needs to be run agricultural and industrial tire production and need to be reduced the value of the Iraqi dinar, similar to the developed countries of the world that reduce the value of the local currency in order to increase export. "
He said economic expert that "oil prices have not Tertdja over the next year and will continue to decline and will range in this price for the next five years," stressing "the need to Ikvev Iraq itself and adapt its economic measures and economic build on this a foundation and not on the basis of borrowing because the borrowing is tying Iraq adverse terms may lead to economic collapse is coming. "
It is said that "representative of the supreme religious authority, Sheikh Abdul Mahdi al-Karbalai has stressed, the day yesterday, in his Friday sermon delivered by a la carte Husseini al-Sharif, the need for economic and development of new procedures within the clear prospect to address the crisis faced by the country", as warned "of borrowing the outer and the magnitude of future harms ", called for" the involvement of citizens and experts in addressing the economic crisis. "
It is noteworthy that the "economic expert on behalf of Antoine confirmed L / scales News / earlier, that the use of Iraq to borrow to fill the lack of financial budget for next year in 2016 does not mean that the country was going into bankruptcy."
Revealed "the parliamentary finance committee member Massoud Rostam, L / scales News / earlier, for catastrophic risk waiting for Iraq due to increased external borrowing of states and international banks," pointing out that "the next budgets of the country will not improve without developing country industries and reliable through self-sufficiency and diversification of sources. "
This "Iraq is suffering from an unprecedented financial crisis as a result of the low level of global oil prices and increased military expenditure through the purchase of weapons and military equipment to counter the terrorist Daash" .anthy 29 n / 10
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10.11.2015
He stressed the economic expert Abdul Hassan al-Shammari, Sunday, having to cover the deficit in the public budget solutions without external borrowing, indicating that Iraq needs to run the wheel of agricultural and industrial productivity.
Al-Shammari said L / scales News / that "Iraq must not borrow because there are to fill the budget deficit without the need to borrow and we raised these solutions to the advisers and the Central Bank of Iraq solutions," pointing out that "Iraq is a rich country and needs to be run agricultural and industrial tire production and need to be reduced the value of the Iraqi dinar, similar to the developed countries of the world that reduce the value of the local currency in order to increase export. "
He said economic expert that "oil prices have not Tertdja over the next year and will continue to decline and will range in this price for the next five years," stressing "the need to Ikvev Iraq itself and adapt its economic measures and economic build on this a foundation and not on the basis of borrowing because the borrowing is tying Iraq adverse terms may lead to economic collapse is coming. "
It is said that "representative of the supreme religious authority, Sheikh Abdul Mahdi al-Karbalai has stressed, the day yesterday, in his Friday sermon delivered by a la carte Husseini al-Sharif, the need for economic and development of new procedures within the clear prospect to address the crisis faced by the country", as warned "of borrowing the outer and the magnitude of future harms ", called for" the involvement of citizens and experts in addressing the economic crisis. "
It is noteworthy that the "economic expert on behalf of Antoine confirmed L / scales News / earlier, that the use of Iraq to borrow to fill the lack of financial budget for next year in 2016 does not mean that the country was going into bankruptcy."
Revealed "the parliamentary finance committee member Massoud Rostam, L / scales News / earlier, for catastrophic risk waiting for Iraq due to increased external borrowing of states and international banks," pointing out that "the next budgets of the country will not improve without developing country industries and reliable through self-sufficiency and diversification of sources. "
This "Iraq is suffering from an unprecedented financial crisis as a result of the low level of global oil prices and increased military expenditure through the purchase of weapons and military equipment to counter the terrorist Daash" .anthy 29 n / 10
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