Najiba Najib: World Bank loan is not enough to fill the budget deficit
Najiba Najib: World Bank loan is not enough to fill the budget deficit
29/04/2015
BAGHDAD / … stressed member of the economic and investment commission parliamentary Najiba Najib, Wednesday, that the loan obtained by the Ministry of Finance of the International Monetary Fund is not enough to fill the state budget deficit, estimated at 25 trillion Iraqi%.
Said Najiba for “Eye Iraq News” that the loan is sufficient to meet current obligations in the State of salaries and other requirements as well as the war against terrorist Daash “.
“The good oil production and export, but prices are not the level required for the needs of the budget deficit, noting that we expect an increase in oil prices at the end of the current year.”
The Ministry of Finance went to ask for borrowing from the International Monetary Fund to meet the liquidity that the war on terror caused Daash crisis and lower oil prices to cover employees’ salaries. It ended 7
aynaliraqnews.com
