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The CBI said that the State did not need to borrow from the International Monetary Fund to plug the budget deficit, while the parliamentary Finance Committee warned of the consequences of such a decision.
The Chancellor said the Central Bank's cash Ahmed ibraihi Al-qirtas "news" Iraqi Finance Ministry to borrow from the International Monetary Fund to bridge the budget deficit must wait for that State is not needed at this time. "
The Government could avoid deficits through the increase in the Development Fund for Iraq (DFI) through the surplus oil imports, "he said, adding that" Iraq 2014 budget calculated on the basis of the selling price per barrel of oil (90) $ while it now sells more than $ 100 increase in the price of the sale added to the Reserve Fund for the development of Iraq and can clog the deficit expected by the Finance Ministry. "
He ibraihi that "the Iraqi Government must take notice of the size of the expenditures must reduce as well as clear and accurate data needed for the country to borrow from the market study and daily income of the citizen".
Of the Finance Committee member warned hanbha Majida Al-Tamimi of the Government represented by the Ministry of finance by borrowing from the International Monetary Fund, indicating that "borrowing would be accompanied by harsh conditions in Iraq and there are fears that non-implementation of economic kalasalahat the legislation of economic laws as well as the high level of growth."
The Deputy Al-Tamimi Al-qirtas "news" that "borrowing would be in the form of payment that is payable by the Government of Iraq asked" at a time when Iraq away from debt, does it make sense to attach itself to other debts.
The Finance Minister was purely net debt Agency, said Sunday that the Iraq was preparing to present the programme of the World Bank aims to obtain a loan to bridge the shortfall in the budget for the current year, while noting that there were discussions with the World Bank to provide liquidity for projects not provided by the Government.
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