Parliamentary Finance: city government for banks to 12 trillion dinars

Published on Monday, November 2 / November 17, 2014 21:03


BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - a member of the parliamentary finance committee Faleh force, said the government has borrowed from banks 12 trillion Iraqi dinars in the current year and has not repaid until now.

The sari's (IMN) "The government has to borrow a sum of government banks without paying for a long time, will make it unable to compete with the civil and foreign banks because of the deficit, which may cause those banks."

The longer the delay Agheraralmoisnp, a major obstacle to the implementation of investment projects and services in all ministries and departments of service in Iraq.

Sarees and added that "the most important laws that are supposed to operate by the parliamentary Finance Committee is a project restructuring Rafidain and Rasheed freed from the domination of the Ministry of Finance, as well as the upgrading of the economic reality of the country."

He recommended the religious authority, Ayatollah Ali al-Sistani (long live) House Speaker Salim al-Jubouri, the need to approve the budgets of 2014 and 2015, as well as the important laws that are in the first class in the interests of citizens and the country.


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