Saleh: The government has not decided yet external borrowing

Saleh: The government has not decided yet external borrowing

Published on Wednesday, November 26  / November 2014 20:50

Saleh - The government has not decided yet external borrowingBAGHDAD / Center Brief for the Iraqi Media Network (IMN) – Economic Adviser to the Prime Minister stressed the appearance of Mohammed Saleh, the government did not decide until now resort to borrowing from the World Bank or the International Monetary Fund to overcome any lack of financial revenues with lower oil prices in world markets .

Saleh added for (IMN) , that “the correct financial management in crisis and low financial resources circumstances hedge in all doors budget and hedge doors is the internal borrowing or borrowing from international institutions such as the IMF and the World Bank, and on this basis, the government resorted to create for the treatment of visions any decline in the financial resources . ”

He explained that “the government and put the issue of external borrowing from the World Bank and the International Monetary Fund as lines a second and a third in front of the budget sources in the event of pointing a defect in Murad budget to reduce the annual financial Agr ., ”

and the Economic Adviser to the Prime Minister that “resorting to Borrowing currently does not constitute a priority for the Iraqi government against the multiplicity and diversity of sources of public budget resources “.lavta that” fiscal policy of the Iraqi government will draw in the next term of the preparation of the federal budget for the project and see revenues and expenses to the extent of a future year . ”

witnessed the sale of oil prices in world markets declined in the past few months, to reach about $ 100 per barrel, compared with the adoption of the Iraqi government price of $ 90 .

From: Haider al-Tamimi , the Open: Sheikh Salem

center-imn.net