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Parliamentary rule out the economy of the country suffered for bankruptcy
11/2/15
BAGHDAD
Ruled out of the parliamentary Committee of Economy and Investment, on Monday, the country's vulnerability to financial bankruptcy, noting that the government has taken proactive steps to guard against potential financial crisis, while confirming that the government is able to pay the salaries of employees in any circumstances.
Said committee member Rep. Najiba Najib's "Sky Press," that "the government has taken proactive steps to face any financial crisis has hit the country, where it has supported the private sector and focused on the activation of non-oil resources in support of industry, agriculture, tourism and activation of taxes and other sectors, and this gives an indication that the the country will not suffer the financial bankruptcy of the future. "
She added that "in the event that the country's big financial crisis, the government has money with which it can bridge the salaries of state employees."
A number of economists predicted exposure Iraq Financial filed for bankruptcy because of Enkhafad world oil prices.
Iraq and many countries in the world is witnessing an economic crisis, as a result of falling oil prices, the global stock market, below $ 48 a barrel, after it was $ 110.
Iraq relies, by 85%, on oil as well as Iran and Russia Almtdharran biggest with Iraq in lower prices, as a result, the Iraqi government was forced to announce, an austere operations, in general in the country in an attempt to fill the budget deficit, as well as the government announced Iraq, reducing the Council of Ministers' salaries 50%.
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11/2/15
BAGHDAD
Ruled out of the parliamentary Committee of Economy and Investment, on Monday, the country's vulnerability to financial bankruptcy, noting that the government has taken proactive steps to guard against potential financial crisis, while confirming that the government is able to pay the salaries of employees in any circumstances.
Said committee member Rep. Najiba Najib's "Sky Press," that "the government has taken proactive steps to face any financial crisis has hit the country, where it has supported the private sector and focused on the activation of non-oil resources in support of industry, agriculture, tourism and activation of taxes and other sectors, and this gives an indication that the the country will not suffer the financial bankruptcy of the future. "
She added that "in the event that the country's big financial crisis, the government has money with which it can bridge the salaries of state employees."
A number of economists predicted exposure Iraq Financial filed for bankruptcy because of Enkhafad world oil prices.
Iraq and many countries in the world is witnessing an economic crisis, as a result of falling oil prices, the global stock market, below $ 48 a barrel, after it was $ 110.
Iraq relies, by 85%, on oil as well as Iran and Russia Almtdharran biggest with Iraq in lower prices, as a result, the Iraqi government was forced to announce, an austere operations, in general in the country in an attempt to fill the budget deficit, as well as the government announced Iraq, reducing the Council of Ministers' salaries 50%.
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