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Financial: reject foreign loans due to high interest rate
2015/10/18
The Finance Committee announced in the House of representatives, Sunday, they discussed the issue of access to foreign loans, noted the lack of approval because of the high interest rate.
Member of the parliamentary Finance Committee Sarhan Ahmed agency/information/that "there is no comprehensive information on foreign loans that Iraq was planning to get it", stating that he "didn't get to approve such loans because of rising interest rates."
Ahmed noted that "the Cabinet will discuss today and tomorrow the 2016 budget before submission to the House of representatives.
He was a member of the Finance Committee, Massoud Haider said Sunday that the budget will bear the potential problems and obstacles and differences among political blocs. Finished/25 s
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2015/10/18
The Finance Committee announced in the House of representatives, Sunday, they discussed the issue of access to foreign loans, noted the lack of approval because of the high interest rate.
Member of the parliamentary Finance Committee Sarhan Ahmed agency/information/that "there is no comprehensive information on foreign loans that Iraq was planning to get it", stating that he "didn't get to approve such loans because of rising interest rates."
Ahmed noted that "the Cabinet will discuss today and tomorrow the 2016 budget before submission to the House of representatives.
He was a member of the Finance Committee, Massoud Haider said Sunday that the budget will bear the potential problems and obstacles and differences among political blocs. Finished/25 s
[You must be registered and logged in to see this link.]
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