Parliamentary Finance: internal or external government borrowing will face failure

Under section: economic Dated: January 10, 2016



BAGHDAD / News Network Iraq saw a member of the parliamentary finance committee Majida al-Tamimi, on Sunday that the government's efforts internal borrowing or the outer face of failure, while confirming that the Finance Minister's remarks on the cutting salaries increased from theft and kidnapping dramatically crimes.

She said Tamimi, in a press statement today : "The government's efforts to borrow the internal or external face failure, which will be paid to find other alternative," adding that "the internal borrowing is going to run against the Iraqi citizen's confidence in the government when he failed to save his money in the banks, making it the preferred saved houses on the banks."

She member of the Finance Committee Parliamentary, either "on external borrowing, it will face high the great interest that was accepted by the government rates will serve as an large and influential on the economic future of the country's loss," indicating that "the Finance Minister's remarks on the employees' salaries cut increased from theft and kidnapping dramatically crime rates."

He called thief Iraqi treasury Nouri al-Maliki government to internal and external borrowing to bridge the budget deficit in 2016. Maliki said, "the government must find the necessary to provide salaries solutions through internal and external Alaguetradin until the return of oil prices to what it once was," he said, adding that "the government is obliged to provide the necessary requirements and provide solutions for the Parliament to borrow from the World Bank and the International Monetary Fund or borrowing from the citizens. "

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