Iraq is preparing to offer a program of the World Bank for a loan and bridging the budget deficit

• Sunday April 132 014
  
  

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Minister of Finance Agency purity of net debt, Sunday, that Iraq is preparing to offer a program of the World Bank purports it to get a loan to bridge the shortfall in the budget for the current year, while noting that there are talks with the bank to provide financial liquidity for projects if they are not provided by the government.

Safi said the reporter Agency sparkle News, said that "there is a possibility that facing liquidity difficulties as a result of the deficit of significant progress in the current year's budget will affect the continued operation of the strategic projects carried out in Iraq," noting that "Iraq will progress during the spring meetings of the IMF and World Bank held in Washington DC, a program of the World Bank for a loan to fill this deficit. "

He added that "there are talks with the World Bank for the possibility of providing financial liquidity for projects if they are not provided by the government."

It is noteworthy that there are differences between the governments in Baghdad and Erbil on some items of the law of the federal budget for the current year related to the export of obsolete oil province of Kurdistan and Iraq have caused these differences to disrupt the law was passed.



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