Parliamentary Finance reveals the value of the loan that Iraq needs to finance the budget
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Parliamentary Finance reveals the value of the loan that Iraq needs to finance the budget

09/21/2020
Economy News _ Baghdad
The Parliamentary Finance Committee confirmed, on Monday, that the 2020 budget, expected to arrive in Parliament, includes a request from the government for a loan of 27 trillion dinars, according to the previous draft.
Committee member Jamal Cougar said in an interview with Al-Sabah newspaper, which was seen by Al-Iqtisad News, that “this new borrowing came as a result of the lack of sufficient resources to finance the budget,” noting that “the government will borrow the coming months and the next year if it does not work to find solutions Adequate and works to maximize its resources ”.
The representative of the government in the House of Representatives had confirmed in a press statement that the draft 2020 budget law had been sent to the House of Representatives at the end of this week.
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