Deputy: It is not possible to borrow from the central reserve unless there is a government with full powers

by **claud39** Tue Apr 14, 2020 3:40 pm

Deputy: It is not possible to borrow from the central reserve unless there is a government with full powers

14/04/2020

Deputy: It is not possible to borrow from the central reserve unless there is a government with full powers %D8%B1%D9%88%D8%A7%D8%AA%D8%A8-696x435

Information / Baghdad ..

The deputy for the coalition of forces, Zaytoun Al-Dulaimi, confirmed on Tuesday that one of the main factors for facing the challenges in the budget 2020 is filling a portion of the fiscal deficit directed at borrowing from the central bank reserves, but borrowing can only be made in the presence of a fully-fledged government.

Al-Dulaimi said in a statement to / Information /, that " Iraq faces a major economic challenge during the current year through the high rate of financial deficit in the budget of 2020, which reaches a very high rate," considering that "one of the main solutions is to go to internal borrowing through borrowing" From the reserve of the Central Bank of Iraq.

She added, "Borrowing from the central bank reserves requires a full-fledged government, and therefore political forces have recognized this risk."

Al-Dulaimi pointed out that "the political forces will find themselves compelled to expedite the passage of Al-Kazemi's government out of the economic crisis, even with slight losses."

Ended in / 25 pm

https://www.almaalomah.com/2020/04/14/468490/