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Al-Kazemi's advisor identifies 4 factors to get out of the financial crisis

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Al-Kazemi's advisor identifies 4 factors to get out of the financial crisis Empty Al-Kazemi's advisor identifies 4 factors to get out of the financial crisis

Post by claud39 Sun Dec 06, 2020 11:09 am

Al-Kazemi's advisor identifies 4 factors to get out of the financial crisis


06/12/2020


Al-Kazemi's advisor identifies 4 factors to get out of the financial crisis 141650


Baghdad Today - Follow-up The Prime Minister’s Adviser for Financial Affairs, Mazhar Muhammad Saleh, confirmed today, Sunday, that financial planning will not determine the future of the coming months. 


The official news agency quoted Saleh as saying that "financial planning is what determines the future of the coming months, starting from the first of January," indicating that "everyone is waiting for financial planning to know how to determine expenditures and revenues and address the deficit, if any."

 He added, "Exiting the financial crisis depends on management, compression of expenditures, maximizing resources and setting priorities in the correct manner, so that there are things subject to pressure and installments."

 Regarding the possibility of Iraq borrowing again to fill the deficit, Salih stated that "borrowing depends on the budget law and is determined by law in the House of Representatives," pointing out that "there are limits to the borrowing process," noting that "the risk lies in relying on one resource, oil, and setting its prices in the outside".



https://baghdadtoday.news/news/139249/%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%A7%D9%84%D9%83%D8%A7%D8%B8%D9%85%D9%8A-%D9%8A%D8%AD%D8%AF%D8%AF-4-%D8%B9%D9%88
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