Government Abadi received an empty treasury and Iraq without reserves and debt of $ 79 billion
Government Abadi received an empty treasury and Iraq without reserves and debt of $ 79 billion
Posted 01/11/2014 05:20 AM
Detection Iraqi parliamentary source revealed the absence of any cash reserves in the country, stressing at the same time that Iraq owe about $ 79 billion.
He explained MP Abdel Azim Ejman in a press statement: that the Iraqi parliament discussed the issue of the budget in the presence of Minister of Planning Salman Jumaili and Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul-Mahdi, pointing out that the debates revealed drowned out by Iraq’s debts amounted to more than $ 79 billion, one of the the legacy of the previous government of Nouri al-Maliki.
He Ejman “show us during the discussions that Iraq today without any cash reserve, where large sums were withdrawn during the years 2012 and 2013, which means that the new government received an empty treasury.”
And between Ejman, that Iraq was spent in 2014 about $ 171 billion, the largest number of Iraq’s budget in 2014 by about $ 50 billion, which means that the trade deficit in Iraq had reached a serious stage.
Ejman remarks come at a time when they had talked about Iraqi sources do Nuri al-Maliki, head of the previous government to withdraw billions of dollars before abandoning his post.
. He said Finance Minister Hoshyar Zebari, said that the 2015 budget is supposed to be the largest in the history of the country, is scheduled to reach $ 150 billion, the deficit ratio expected to be about $ 30 billion.
He stressed that the Council of Ministers formed a new committee during the current month to re-select the desired priorities, leading to deficit reduction and rationalization of expenditures to as little as possible in order to finance the planned deficit, as it was able to be reduced to about 27 trillion Iraqi dinars (about US $ 22 billion).
He explained that the withdrawal of the reserve allocation of the Development Fund for Iraq during the 2012 and 2013 economic impact, and it incurred financial obligations for a number of decisions and laws on compensation and the ration card and electrical projects.
altahreernews.com
