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Representative economy: The government's continued borrowing policy will shackle the people in major crises

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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Representative economy: The government's continued borrowing policy will shackle the people in major crises

Post by claud39 Wed Apr 21, 2021 6:11 pm

Representative economy: The government's continued borrowing policy will shackle the people in major crises

04/21/2021

Representative economy: The government's continued borrowing policy will shackle the people in major crises %D9%86%D8%AF%D9%89-%D8%B4%D8%A7%D9%83%D8%B1-%D8%AC%D9%88%D8%AF%D8%AA-696x435

The information / Baghdad ..

Member of the Parliamentary Economic and Investment Committee, Nada Shaker Jawdat, warned, on Wednesday, of the consequences of the government’s continued external borrowing, indicating that borrowing would shackle the people with major crises.

"The government's borrowing policy is catastrophic, and it will lead to severe future economic consequences that cannot be avoided," Jawdat said in a statement to Al-Maalouma.

She added that "the high oil prices contributed to reducing the budget deficit," stressing "the inability to allow the government to borrow and shackle the people with new loans."

"The House of Representatives is determined to form a committee to monitor the implementation of the budget," Jawdat explained, pointing out that "the street is awaiting the provision of services, the establishment of a new economic system and the absorption of unemployment."

https://almaalomah.org/2021/04/21/531085/

claud39: VIP NewsHound; Posts : 18367
Join date : 2018-11-04

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