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Parliamentary Finance: government refused loans from foreign banks because of high interest
01/11/2015
Detection of the parliamentary finance committee member Abdul Qader Mohammed, on Sunday, the Iraqi government's refusal to loans provided by private sector companies is estimated at one billion and a half billion dollars to request high interest rates.
Said Mohammed in an interview with / scales News / "The government has decided to borrow from some of the foreign banks in the private sector and approached those banks about it," adding that "banks provided for Iraq loans estimated at one billion and a half billion dollars, but the government refused to loans."
The member of the parliamentary finance committee, said that "the reason for rejection of loans came to ask for high interest rates that banks and put impossible conditions."
This "attributed the parliamentary Finance Committee's / scales News /, on Saturday, the late arrival of the financial budget for 2016 to Parliament to request the government sent after the completion of the Ministry of Finance meeting with the World Bank to cover the deficit" .anthy 29/33 h
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01/11/2015
Detection of the parliamentary finance committee member Abdul Qader Mohammed, on Sunday, the Iraqi government's refusal to loans provided by private sector companies is estimated at one billion and a half billion dollars to request high interest rates.
Said Mohammed in an interview with / scales News / "The government has decided to borrow from some of the foreign banks in the private sector and approached those banks about it," adding that "banks provided for Iraq loans estimated at one billion and a half billion dollars, but the government refused to loans."
The member of the parliamentary finance committee, said that "the reason for rejection of loans came to ask for high interest rates that banks and put impossible conditions."
This "attributed the parliamentary Finance Committee's / scales News /, on Saturday, the late arrival of the financial budget for 2016 to Parliament to request the government sent after the completion of the Ministry of Finance meeting with the World Bank to cover the deficit" .anthy 29/33 h
[You must be registered and logged in to see this link.]
