Member of the Economic Commission: A comprehensive mechanism calculated to pay off the debts of Iraq without their impact on the state budget
Date: Monday 12/3/2012 9:48
Baghdad (news) .. called a member of the Economic Commission deputy / Kurdistan Alliance bloc / Mahma Khalil to the need to develop a new mechanism for the payment of Iraqi debts outstanding foreign without impact on the state budget, to avoid the sanctions that the Iraqi economy.
Khalil (of the Agency news) today Monday should be a new mechanism based on a scientific basis and economical way to pay off the debts Iraq’s foreign implications, so as not to affect the general budget and the Iraqi economy, being a yield unilaterally dependent on oil revenues.
He pointed to: that Iraq does not need this debt due to the policy of the former regime arbitrary and that made the Iraqi economy deteriorating by bringing debt and use of the wars and to buy weapons, which were the lives of the people.
He added the federal government to avoid economic sanctions continued against Iraq by increasing interest as a result of non-payment of debt incurred by him to the eligible countries, mostly from Arab countries that the State Western and Asian has canceled all debts owed by Iraq. / Finished / 8. d.