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The salary crisis is on its way to being resolved .. Parliamentary Finance reveals consensuses on passing the borrowing law

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The salary crisis is on its way to being resolved .. Parliamentary Finance reveals consensuses on passing the borrowing law Empty The salary crisis is on its way to being resolved .. Parliamentary Finance reveals consensuses on passing the borrowing law

Post by GirlBye Mon Oct 26, 2020 10:26 am

Baghdad - Iraq today:

The Parliamentary Finance Committee confirmed, today, Monday, that there is consensus to pass the borrowing law in the House of Representatives, while noting that the amount of filling the deficit of 41 trillion dinars is very large and Parliament has reservations about it.

Committee member Jamal Cougar, affiliated with Digital Media NRT, said, "The fiscal deficit financing law has been read in a first reading and there is an agreement to pass the law, but after making amendments to the formula sent by the government."

And that "the committee decided to hold several sessions and hosting with the Ministry of Finance, as well as with the banks from which we will resort to borrowing."

For his part, a member of Parliament, Yahya Al-Ithawi, affirmed that "Parliament has reservations about the fiscal deficit law, as the required amount is 41 trillion dinars, which is a very large amount."

He added that "the deficit through which salaries can be paid does not exceed 3 trillion per month, that is, around 9 to 10 trillion," suggesting that "this amount is the one that the Parliament will vote on."

Last Saturday, the House of Representatives ended the first reading of the bill to finance the fiscal deficit.

https://iraqakhbar.com/2724633
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