Abadi adviser: Iraq’s external debt reached the red lines

Abadi adviser: Iraq’s external debt reached the red lines

Posted, 12-1-2016

Abadi adviser - Iraqs external debt reached the red linesTreasures Media / special
expose adviser to Prime Minister of economic affairs appearance of Mohammed Saleh today that ” the external public debt of Iraq , arrived in the red lines and there is no power to accommodate Iraq ‘s other debts, and thus should diversify non – oil sources of revenue, stressing that” the deduction of part of the employees ‘ salaries reflect the contribution of conscience and humanity are in favor of the popular crowd and the displaced.
He said in an interview televised followed the “Treasures of the Media” that, deduct a fraction of the employees ‘ salaries will hurt their owners no doubt, but at the same time are going to rally public and internally displaced people . They express the humanitarian contribution.
Saleh added , “possible compensation deductions of employees ‘ salaries by borrowing from the global market, and this will add a significant burden for Iraq can not afford.
The draft budget to increase the proportion of deduction from employees ‘ salaries for the expenses of the popular crowd and displaced law to 4.8% of the total salaries and allowances for all state employees and public sector retirees, after this percentage was 3% in the budget of 2016.

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