Kidding: By the end of this year, we will suffer a financial deficit of 40 trillion dinars
Kidding: By the end of this year, we will suffer a financial deficit of 40 trillion dinars
6/26/2020 14:02
[Baghdad_Eain]
Between a member of the Parliamentary Finance Committee Haneen Al-Qaddou, that Iraq will suffer from a budget deficit at the end of this year to reach 40 trillion dinars, stressing at the same time the need to control non-oil imports such as ports, taxes and collection to reduce the deficit to the natural limits.
Al-Kiddu said, “There are expectations that the government will present the budget on June 30 to the House of Representatives for a vote.”
He added, “There are speculative figures related to operating expenses, imports for each month, expenses for the coming months, employee salaries and ruling expenses, as we will suffer at the end of this year from a financial deficit of 40 trillion dinars.”
And that “overcoming the financial crisis must be through exerting pressure on the border outlets and collecting electricity, taxes and other imports to reduce the financial deficit to the natural limits
alliraqnews.com
