Parliament looking three loan projects

by **Ponee** Sun Aug 02, 2015 11:34 am

Parliament looking three loan projects

8/1/15

Brother - Baghdad

Parliamentary Finance Committee confirmed the presence of three loans projects within the corridors of the House of Representatives belong to the infrastructure and reconstruction and highways.

The government resorted to the inclusion of materials pertaining to loans in the budget year 2015, after the financial crisis faced by Iraq as a result of lower oil prices, which is a supplier base of financial revenue.

He said the Commission's decision Ahmed Hama that "Iraq is suffering from a very severe financial crisis, and on the loan projects, there are three loans projects within the corridors of the House of Representatives are working on them belonging to Housing and Construction and infrastructure Foreign and highways."

Meat and added that "those loans are in the Islamic Development Bank and the Construction Bank and the Japanese loan project," adding that "Iraq pays Trliuna and 255 billion dinars for the benefit of those loans."

Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh earlier, for the approval of the International Monetary Fund in principle, to lend to Iraq amount to $ 833 million, stressing at the same time continuing intergovernmental consultations to fill the current year budget deficit of 25 trillion dinars.

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