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Finance is discussing with the World Bank financing the budget deficit in 2015
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Finance is discussing with the World Bank financing the budget deficit in 2015
Search Agent Finance Minister Fadhil Nabi Othman with World Bank representative in Baghdad, Robert quality of the possibility to benefit from World Bank loans to finance the deficit in the general budget for the year 2015 through the financing of investment projects included the budget for the same year.
The outcome of the meeting, which was attended by representatives from the Ministries of Planning and electricity and water resources and the secretariat of Baghdad, for the formation of a technical committee of finance and planning ministries and a number of ministries to limit the projects included balancing the investment and the possibility of funding from the World Bank loan to finance part of the deficit in the public budget.
Note that the general budget for 2015 included the possibility of borrowing from the World Bank at $ 2 billion to finance the budget deficit.
http://alrayy.com/135210.htm
The outcome of the meeting, which was attended by representatives from the Ministries of Planning and electricity and water resources and the secretariat of Baghdad, for the formation of a technical committee of finance and planning ministries and a number of ministries to limit the projects included balancing the investment and the possibility of funding from the World Bank loan to finance part of the deficit in the public budget.
Note that the general budget for 2015 included the possibility of borrowing from the World Bank at $ 2 billion to finance the budget deficit.
http://alrayy.com/135210.htm
Ponee- Admin
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Re: Finance is discussing with the World Bank financing the budget deficit in 2015
Well isn't that why the WB was giving them a loan in the first place?
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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