November 9, 2015 0
Called the parliamentary finance committee member Masood Haider federal government not to cancel Iraq's sovereignty in favor of Qatar, which plans to borrow from the National its bank billion and Class billion dollars, as part of a total loan of 6 billion and a half billion dollars from the International Monetary Fund and the Islamic Development to cover the deficit in the fiscal budget for the year 2016.
He said Haider during a press statement seen by our economy news agency that the federal government is not currently eligible to borrow large sums from abroad, noting that the amount of borrowing in the budget is $ 6.12 billion.
A member of the Finance Committee that "the federal government in Baghdad is eligible to borrow large sums of money to fill the deficit in the public budget and the financial crisis as a result of lower oil prices," pointing out that "the government can not borrow one billion dollars so far."
He said Haider, that "the size allocated to borrow amounts totaled $ 6.12 billion, including the issuance of domestic bonds and borrowing from the International Monetary Fund and the World Bank, and fund the Islamic Development, in addition to $ 1.5 billion from the National Bank of Qatar", calling on the government to "reservation to that and not to cancel Iraq's sovereignty in favor of Qatar. "
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