Commission considered the economy the parliamentary and investment, on Monday, a financial bond issue worth six billion dollars that he would not meet the obligations of the financial state, showed that Iraq suffers from providing financial liquidity.
The Commission said the economy and investment parliamentary Najiba by Najib in an interview for "time", "The issuance of securities is one of the means resorted to by the state after the drop in oil prices, and comes from the phrase measures to increase fiscal revenue," pointing out that "the House of Representatives to grant powers and leave the legitimacy to issue bonds and sell them in international markets."
Najib added that the "issue bonds, amounting to six billion dollars will not meet the obligations of the State's financial and coverage under the current circumstances, "asserting that" Iraq is suffering from the provision of liquidity but the government is moving to increase revenue.
"The central bank announced, in (July 26, 2015), his intention to put forward in favor of bonds The Ministry of Finance worth two billion dollars, and as pointed out that the bonds due and payable by the end of 2016, confirmed that it can be used as collateral for loans or facilities require collateral.
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