Finance Committee: the budget announced by the government deficit is incorrect

Finance Committee: the budget announced by the government deficit is incorrect

23/04/2015 09:53

Finance Committee - the budget announced by the government deficit is incorrectTrend Press – special
Revealed the parliamentary finance committee member of Haitham al-Jubouri , on Thursday, said Mpela budget announced by the government deficit is not true, noting that the real deficit more than twice as announced.
Jubouri In an interview with “The trend Press” stressed that the Iraqi government suffers from a severe economic crisis as a result of reliance on what is produced and exported from the oil the fact that the country is a diversified resource so it is in big economic trouble can not Nfrajha in the near future, noting that the total Agr gulp about 47 trillion Iraqi dinars.
He added that Iraq needs to export 6 million barrels per day to meet the financial needs while a daily production of about 3 million and a half at best, noting that Iraq needs to fill all staff salaries to four and a half trillion dinars per month, a difficult secured, number under the current circumstances.
It is said that the finance minister, Hoshyar Zebari, said the Iraqi delegation to head looking with the World Bank is to get a loan, but he did not specify the value.
Zebari said in a press statement that the delegation discussed with the group vice president of the Middle East and North Africa at the World Bank, Hafez Ghanem, and a number of specialists to provide the subject of the bank loan for Iraq to solve the government’s fiscal crisis.
Edit: Ali Rahim al-Lami

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