A government advisor explains the importance of loan bonds in supporting the budget.
A government advisor explains the importance of loan bonds in supporting the budget.
2025/03/24
The Prime Minister’s financial advisor, Mazhar Mohammed Saleh, considered issuing loan bonds to support spending in the financial budget.
Saleh told Al Furat News Agency, “The Ministry of Finance, in cooperation with the Central Bank of Iraq, issued the first issue of borrowing bonds worth 2 trillion dinars a few weeks ago, to support spending in the current year’s budget for investment purposes.”
Saleh stressed that “spending activity in the general budget for the current fiscal year continues to cover all financial and economic activities with high flexibility and in accordance with applicable laws.”
He pointed out that “there is high-level coordination and integration between the House of Representatives and the executive authority to ensure the sustainable implementation of the principles of the government program in its financial, economic, and reform aspects.”
alforatnews.iq
