Search the Community
Showing results for tags 'borrow.'.
-
Luigi found these articles of Dinarian interests... The EU, US & China are in no position to loan Iraq any more money due to the CV. Iraq must improvise, find it's own way to meet the needs to pay it's employees. There are enough reserves to pay the employees this month...next month may be a problem. Treat as rumors. Not varafied. Your opine. Samson: Brent is below $ 26 a barrel...expected to drop even more. The price of a barrel of "Brent" fell during trading on Friday, to below the level of $ 26, unlike the US crude, which rose slightly By 10:25 Moscow time, the Brent mix was trading at $ 25.98 a barrel, a decrease of 1.4% from the previous session’s close. Samson: The government MAY resort to borrowing and printing currency to provide salaries... The Follow-up Cell in the Prime Minister's Office revealed today, Friday, that the government will be able to distribute the salaries of the current month of March, while it will resort to some solutions to ensure the provision of salaries next month. The head of the government follow-up cell, Mustafa Sanad, said in a radio statement followed by Mawazine News, that "Iraq's monthly income from oil is currently estimated at one billion dollars only (after the price of a barrel drops to 18 dollars)." Sanad said, "The salaries of employees amount to 3 and a half billion per month, which may push Iraq to borrow or to print the currency as a last option," as the state of the state will be affected starting from next month. LINK