Consultant Abadi: Subject to borrow from international financial organizations to bridge the budget deficit Matrouh
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Consultant Abadi: Subject to borrow from international financial organizations to bridge the budget deficit Matrouh
11/27/2014 16:20
Tomorrow Press / Baghdad: Prime Minister for Economic Affairs Advisor to detect the appearance of Mohammed Saleh, on Thursday, that the issue of borrowing from international financial organizations, which are intended to "The World Bank and the IMF" is Matrouh on the table when the government.
Saleh said for "tomorrow Press", "Diversity in the budget resources is required and important because the budget in Iraq is one-sided and depends mainly and primarily on oil imports, so it is natural when there is a deficit in the fiscal budget of the state, there are resources available to him, including internal and external sources. "
Saleh added that "external sources as a fund cash and the World Bank are on the table and available at this time for several reasons, including that under the low oil price and estimates of the federal budget on those prices, the issue of borrowing will Matrouh and available for the government, as the two institutions Iraq where an important member, one of the the founders of the two, as well as the soft loans and their terms acceptable somewhat. "
Saleh continued that "Iraq may try to borrow from these institutions in accordance with the agreements, where so far signed three agreements has proceeded in a positive way with them," adding that "directed Iraq to the global market or international banks will be the last possibilities and another thing for the need for Iraq due to those institutions be significant benefits. "
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