Deputy: It is not possible to borrow from the central reserve unless there is a government with full powers

[Mary B]

Deputy: It is not possible to borrow from the central reserve unless there is a government with full powers

4/14/2020

 

  

Information / Baghdad .. The
deputy for the coalition of forces, Zaytoun Al-Dulaimi, confirmed on Tuesday that one of the main factors for facing the challenges in the budget 2020 is filling a portion of the fiscal deficit directed at borrowing from the central bank reserves, but borrowing can only be made in the presence of a fully-fledged government.
Al-Dulaimi said in a statement to / Information /, that " Iraq faces a major economic challenge during the current year through the high rate of financial deficit in the budget of 2020, which reaches a very high rate," considering that "one of the main solutions is to go to internal borrowing through borrowing" From the reserve of the Central Bank of Iraq.
She added that "borrowing from the central bank reserves must have a fully-fledged government, and therefore political forces have recognized this risk."
Al-Dulaimi pointed out that "the political forces will find themselves compelled to expedite the passage of Al-Kazemi's government out of the economic crisis, even with slight losses." Ended in / 25 pm

 

https://www.almaalomah.com/2020/04/14/468490/

[currenzcraze]

Based on the article Iraq is caught between a rock and a hard place.  The government wants money, but they don’t have a government. If they have a government they can borrow money or so they think.  The government has forgotten that the CBI is autonomous.  If the government is formed then maybe the RV could take place.

[DinarThug]

10 hours ago, currenzcraze said:

Based on the article Iraq is caught between a rock and a hard place.

Between Iraq - And A Hard Place !  

     

[DinarThug]

LINK

Deputy: It is not possible to borrow from the central reserve unless there is a fully-fledged government

 

 

 

12:19 - 14/04/2020

 

The deputy for the coalition of forces, Zaytoun Al-Dulaimi, confirmed on Tuesday that one of the main factors for facing the challenges in the budget 2020 is filling a portion of the fiscal deficit directed at borrowing from the central bank reserves, but borrowing can only be made in the presence of a fully-fledged government.

Al-Dulaimi said in a statement to / Information /, that "Iraq faces a major economic challenge during the current year through the high rate of financial deficit in the budget of 2020, which reaches a very high rate,"considering that "one of the main solutions is to go to internal borrowing through borrowing" From the reserve of the Central Bank of Iraq.

She added that "borrowing from the central bank reserves must have a fully-fledged government, and therefore political forces have recognized this risk."

Al-Dulaimi pointed out that "the political forces will find themselves compelled to expedite the passage of Al-Kazemi's government out of the economic crisis, even with slight losses." 

[Mary B]

Parliamentary Finance: The bank’s reserves will be used to secure employees ’salaries until the end of 2020

04/14/2020

 

  

Information / private

The Parliamentary Finance Committee announced, on Tuesday, the use of the reserves of the Central Bank of Iraq to secure the salaries of state employees until the end of this year.

Member of the Finance Committee Shirvan Mirza told / "The information" that "securing the salaries of state employees until the end of this year according to low oil prices and without loans is an extremely difficult issue facing the current or transitional government that will be formed."

He added that "the credit will be relied on by the Central Bank of Iraq to secure the salaries until December 2020", noting that "the accreditation will be according to regulations determined by the Council of Ministers, including insurance of salaries only without any additional allocations, projects or other exchange funds for the ministries." It ended 25 and

 

https://www.almaalomah.com/2020/04/14/468573/

[WheresmyRV?]

2 hours ago, DinarThug said:

Between Iraq - And A Hard Place !  

     

Truth!! 

[stangernan]

2 hours ago, DinarThug said:

Between Iraq - And A Hard Place !  

     

Thank God for the explanatory Arrow,  I thought it was A Dingleberry!

[Rochester]

Map of the Middle East between butt cheeks reminds me of a lockdown joke:

 

It turns out, coffee filters can be used for toilet paper. However, it sure does change the taste of coffee! 💩

[DinarThug]

4 hours ago, stangernan said:

Thank God for the explanatory Arrow,

Except The Arrow Should Read - ‘Ur Investment Is Here’ !  

     

[King Bean]