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Parliamentary Finance warns of borrowing from Qatar and confirms its impact on Iraq's economic and foreign policy

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Rocky


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Parliamentary Finance warns of borrowing from Qatar and confirms its impact on Iraq's economic and foreign policy



November 26, 2015


The parliamentary finance committee, warned the government to borrow from the National Bank of Qatar, saying that Qatar will impose the dictates of the economic impact on Iraq and the Iraqi Foreign two policies.
A member of the Committee Masood Haider in a press statement seen by the agency of our economy news that "the government and the Finance Ministry said it would borrow about $ 12.6 billion from multiple views to meet the projected shortfall in the budget next year," explaining that "some international bodies have incapacitating and strict conditions reflect negatively on Iraq ".
He added that" the parliamentary Finance Committee has a large reservation to borrow from the International Monetary Fund and the World Bank in addition to the National Bank of Qatar ", noting that" the reservations came from all the blocks in the Committee.
"He continued Haider, said that" borrowing from the state bank follow a particular state will impose dictates on Iraq and may adversely affect the Iraqi economic policy and even foreign policy. "

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