Member of the Parliamentary Finance Committee reveal the total loans granted to Iraq

Member of the Parliamentary Finance Committee reveal the total loans granted to Iraq

6-12-2016

Member of the Parliamentary Finance Committee reveal the total loans granted to Iraqparliamentary finance committee revealed, for the total granted to finance loans to the Iraqi government, noting that it amounted to about $ 90 billion uneven benefits, indicating that the governments in Baghdad and Erbil will participate to pay those benefits.

She said committee member Majda al – Tamimi in a press statement, said that ” the government Iraq won a number of financial loans from various international bodies to cover the shortfall in the budget, as well as to meet the investment expenditures against imposed and varying benefits , according to the size of the amounts Almstdanh , “indicating that” the governments in Baghdad and Erbil will participate to pay those benefits by deducting the percentage imposed on the Kurdistan region of its share of the general budget, amounting to 17%. ” she added that” the total accumulated financial loans granted to the Iraqi government amounted to about $ 90 billion so far , “adding that” the Ministry of Finance submitted a proposal to the government that includes deducting a percentage of employees ‘ salaries to meet the external debt of between 7.5 % to 15%, while the ministry continues its study of the proposal said. ” and reached the Iraqi government, at different times of the month, to a group of several agreements third parties to get most notably the international Monetary Fund , Islamic Development Bank, Japan and other financial loans.

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