MP calls to invest remains of federal budgets during financial crisis

Saturday, 27 December 2014 14:49 |

Baghdad (AIN) –MP Abdul Hussein al-Musawi of the Iraqi National Alliance demanded to establish a new fund to deposit the remains of the federal budgets and invest these remains during financial crisis.

MP Musawi said in a statement received by AIN Saturday “Establishing this kind of fund is necessary since all former federal budgets began with deficit and ended with remains.”

“This fund will be a real source for the government to face financial crisis and emergency cases,” he added, demanding the government to “provide necessary explanation over the remains of the budgets of 2012 and 2013 which exceeded $ 20 billion.” /End/  S4D

http://www.alliraqnews.com/en/index.php/faq/62355-mp-calls-to-invest-remains-of-federal-budgets-during-financial-crisis.html