Advisor to the Prime Minister: Failure to approve the budget puts Iraq in a bind to the international community


 

 

Advisor to the Prime Minister: Failure to approve the budget puts Iraq in a bind to the international community

14:14
Last updated
The time now is 02:18 PM
Baghdad / Al-Ghad Press:
Between the economic adviser to the Prime Minister the appearance of Mohammed Saleh, on Thursday, that the failure to approve the budget puts the national economy in the face of an ordeal, especially before a legislative session is about to end, he said.

Saleh said in an interview with “Al-Ghad Press” that “blocking the adoption of the budget by the political blocs and partisan alliances are not considered as an economic motive, as much as political consensus and objections of an electoral nature, but that” the blocks must appreciate the economic situation of the country, especially that we came out of a war against Terrorism, which has inflicted great losses on the country. “
He added that “the disruption of the budget is a stumbling block in the face of economic progress, calling for the resolution of all political differences and approval for the status of Iraq in the international community, and give positive indication of our ability to overcome the financial obstacles and start reconstruction stages, pointing out that the adoption of the budget is in the interest of the people.
Saleh pointed out that “the draft budget of 2018 carries a deficit estimated at $ 13 trillion, and improve global oil prices per barrel of crude oil above the budget pricing, Iraq out of the financial crisis and contribute to resolve part of the deficit due to differences in the difference in prices.”
He stressed that “the law of public finance of the state was allowed to add a supplementary budget in the middle of the year if there is a listing of work for investment projects important and disabled because of the budget,” pointing out that “non-approval gives a dangerous signal to Iraq before the international community and especially we are in the stage to attract foreign companies to invest In the country”.

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