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Economist: The external borrowing process is a "negative door" that affects the Iraqi economy and its performance level

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Economist: The external borrowing process is a "negative door" that affects the Iraqi economy and its performance level Empty Economist: The external borrowing process is a "negative door" that affects the Iraqi economy and its performance level

Post by RamblerNash Mon Aug 09, 2021 11:19 pm

Economist: The external borrowing process is a "negative door" that affects the Iraqi economy and its performance level 920406-e88cf074-bb97-4fb7-949b-946421ee9e3f
Monday 09 August 2021 10:55
 
Baghdad / NINA / - The economic expert, Raad Twij, stressed the need to reduce the external borrowing process and close this negative door that could affect the Iraqi economy and its performance level, and to adopt issues of sustainable development and financial sustainability.

Twig said in a statement to the National Iraqi News Agency ( NINA ): "One of the advanced steps after preparing different budgets since 2003 is that the Ministry of Finance made exceptional efforts to prepare budgets for the coming years, because this will put Iraqi financial resources under control and the possibility of evaluating performance and the extent of implementation of public budgets between different years. in the course of subsequent and prior years.

He added: "The preparation of future budgets sets goals for those budgets that are closer to the tracks of the national development plans," stressing the need to reduce the external borrowing process and close this negative door that could affect the Iraqi economy and its performance level and to adopt issues of sustainable development and financial sustainability, that is, to establish a budget that is It has the effect of financing the subsequent budget and avoiding inflated budgets, which may establish significant deviations from the real budget with the expected budget, which may wash away this pioneering experiment.”/ Ended 8

https://ninanews.com/Website/News/Details?key=920406

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