A member of the parliamentary finance: borrowing only solution for the government to reduce the budget deficit
A member of the parliamentary finance: borrowing only solution for the government to reduce the budget deficit
03/05/2015 07:47 GMT
Follow-up – he said the parliamentary Finance Committee member Jabbar al-Abadi said borrowing from the World Bank for the inevitable to reduce the deficit in the fiscal budget ratio.
Abadi said, “The government has the option to resort to borrowing from the World Bank for the inevitable and that the presence of a decline in oil prices and production volumes, adding that he” does not have a government in front of only borrowing from the World Bank. ”
He said he was “not easy to borrow as well as the existence of certain terms and benefits, but the result is better because it will reduce the proportion of Agr in the budget, adding that” Iraq is not bankrupt and can repay these loans, “PSC / h
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