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Transport Minister is expected that Iraq faces "severe" financial crisis starting from next month
10/28/2015 11:53
Baghdad - INA / expectation Transport Minister, Baqir al-Zubaidi, said on Wednesday that a severe financial crisis in the country starting next month, attributing this to the continued fall in oil prices and the war against the terrorist organization Daash.
Al-Zubaidi and wrote on the social networking pages, and seen by "official Iraqi News Agency," "The continued decline in oil prices by 60% with the continuation of the war on Daash costs requires objective measures of austerity of not less than 60%."
He said that with respect to assignments investment and operational and the absence of these objective measures in the legislative and executive branches would put the government in a deficit position for the payment of the necessary supplies, including the salaries necessary, such as health and the ration card and a network of social welfare and operational assignments, "adding," I expect
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