Parliamentary Finance: Control of non-oil revenues is the lifeline of Iraq
Parliamentary Finance: Control of non-oil revenues is the lifeline of Iraq
7/3/2020 15:21
[Baghdad_Eye]
Member of Parliamentary Finance Committee MP Ahmad Al-Saffar affirmed on Friday that controlling non-oil revenues represents the lifeline of Iraq from its current financial crisis.
Al-Saffar said, “Iraq is going through a financial crisis, but it has opened the doors to the need to find decisive treatments for many of the accumulated mistakes in the financial and economic file in general.”
Al-Saffar added, “Real control of the non-oil revenues of the state treasury, including border outlets, customs, and municipalities, in addition to collecting other services, will represent a real lifeline for the crisis, as it will pay the government not to borrow to pay salaries and the rest of the other entitlements. To maximize non-oil resources and solve all problems. ”
Iraq has been suffering for months from a stifling financial crisis created by the collapse of global oil prices and the repercussions of the Coruna virus
alliraqnews.com
