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A politician calls on the government to take into account the extension of the global economic downturn DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

A politician calls on the government to take into account the extension of the global economic downturn

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A politician calls on the government to take into account the extension of the global economic downturn Empty A politician calls on the government to take into account the extension of the global economic downturn

Post by RamblerNash on Sat Sep 26, 2020 10:22 am

A politician calls on the government to take into account the extension of the global economic downturn Image
09-26-2020 11:25 AM

Baghdad / Al-Akhbariya

Former MP Majid Shankali asked, today, Saturday, the government to put in its accounts that the global economic downturn will extend for another period, pointing out that the goal of the budget should be to maximize revenues to pay salaries and operating expenses.

"The government should prepare the budget for 2021 according to a financial and economic plan aimed at maximizing revenues and reducing expenditures to advance the economic and financial reality of Iraq, not just selling oil and borrowing to pay salaries and operating expenses," Shankali said in a tweet.

"The government must take into account that the global economic downturn will extend for another period," he added.

It is noteworthy that Iraq is suffering from heavy debts due to resorting to internal and external borrowing to pay the salaries of employees, without accounting for operational expenses in the budgets over the past years.

https://www.ikhnews.com/index.php?page=article&id=227447
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