71% 2:13 PM Tue Sep 8 A baghdadtoday.news Who we are Contact us C ° 36 Baghdad f Baghdad today, Baghdad, the truth of the trend to dismiss the A + Minister of Finance, Ali Allawi, today, Tuesday, revealed the size of the external debts owed by Iraq, while he confirmed that Conducting concrete economic reforms A needs 5 years by finding new alternatives for revenues f during his hosting of the parliament today. The Media Department of the House of Representatives published the course of the political session of Parliament that was held today, and quoted the Minister of Finance as saying that Shawani: Baghdad and Erbil discuss every small “economic reform program that needs a long time to present it because the economic situation in Iraq is going through a critical situation due to the repercussions of previous cumulative economic policies. “The Iraqi state has passed since the fifties of the last century and up to now, especially the legislation of the law of agricultural reform and the decisions of the socialist package, in addition to the loss of the economic vision that weakened the private sector, localities, and made all the resources in the hands of the governments.” The decisions of the Supreme Committee … Health threatens violators with measures, and the Minister of Finance added, “The current government suffers from a scarcity of funds that forced it to borrow internally and externally and cannot implement the presentation of the paper within the period specified by the law voted on, noting the formation of a specialized team with a cadre of 40 employees. They are working continuously to work on preparing and presenting the required paper despite the current health conditions, “indicating that the localities” the reasons for delaying its submission are technical and historical, setting the ceiling for the salary insurance crisis that belongs to the facade and the Minister of Finance proposes the government’s submission of the first reformable paper that is negotiable at the end.

71% 4 2:13 PM Tue Sep 8 baghdadtoday.news Who we are Contact Us C ° 36 Baghdad f The government submits the first negotiable reform paper at the end of A + this month, while the reforms paper presents in its final form Corona news in the middle of next month. In turn, the Minister of Planning indicated during the session, “The presence of 6250 Iraqi health raises unsatisfactory expectations. A project under construction needs to provide 126 trillion dinars. 08 September 2020 – 21:44 for its completion and this large number of projects causes no new project to be included in the law.” The new budget, “explaining that” Greece imposes a complete stone on 3 camps, the completion of projects has led to the failure to provide services to citizens, including) 08 September 2020 – 19:05 the existence of 42 unfinished housing complexes that need to be accurately recounted to begin their completion, as well as the necessity Developing a plan for a Western biologist: sterilization is not sufficient, a real reform to address the reluctance to implement projects. ”08 Sep.2020 – 17:02 In response to the two ministers’ answer, MP Muhammad al-Darraji stressed “the need to fully and not partially implement the legislated law” in the document: Health Department In Baghdad gives its affiliates m They asked about “the value of internal and external borrowing and the size of September 08. 16: 18.2020 from it was allocated to pay salaries or in the investment sector, as well as knowing the value of the exchange rate specified in the next budget.” Britain produces 30 million doses of Oxford vaccine. Minister Allawi pointed out that “there are three types of loans, including September 08, 2020, 16:08 commercial that the Iraqi government has moved away from, borrowing from more governments and the third by borrowing from international development institutions such as the bank.” International and the Arab Fund for the purpose of investment, especially those related to the requirements of improving the electricity sector by activating previous economic agreements with Siemens and General

71% 2:13 PM Tue Sep 8 A baghdadtoday.news Who we are Contact Us C ° 36 Baghdad f Activating previous economic agreements with Siemens and General A + Electric, “stressing the importance of reviewing the exchange rate so that the Iraqi economy enters the cycle of competition with The interest of the International Monetary Fund in the issue of the exchange rate, noting that the ministry received 15 trillion dinars in full to meet the salary needs. For his part, the Minister of Planning stated that “the ministry instructed to stop international obligations in order to pressure spending units, which led to the deprivation of some provinces of services,” indicating that “some projects in governorates that have implementation funds are excluded from their projects without requiring additional funds until liquidity becomes available.” Al-Zaman stressed “the importance of going to alternatives in allocating funds for vital projects to complete them, especially health institutions and residential complexes in the governorates,” pointing out that “the inclusion of any new project that requires its inclusion in the Federal Budget Law or meets any development gap.” MP Muhammad Al-Darraji asked about the feasibility of borrowing an amount of 5 billion dollars abroad despite the lack of benefit from previous loans in meeting the needs and knowing the extent of the continuation of the loan from the central reserve. In his response, the Minister of Finance indicated that “the need to borrow was to support the general budget and fill the financial deficit without giving support to investment projects, explaining that the DO

71% 2:13 PM Tue Sep 8 A baghdadtoday.news Who we are Contacting C ° 36 Baghdad yf In his response, the Minister of Finance indicated that “the need to borrow was to support the general budget and fill the financial deficit without giving support to investment projects, explaining that the trend To borrowing from the International Monetary Fund, it comes because it has certain support programs for countries that suffer from financial crises, such as Iraq, with loans for a period of three years, provided that they are linked to administrative and financial reforms. Except for the Central Bank of Iraq and the lack of accredited financial markets in Iraq ad Share … Speak Look Up Copy with debts to the government to finance the fiscal deficit in budgets, and private banks do not have large financial financing. Allawi added that “tangible economic reforms need 5 years by finding new alternatives for revenues,” noting that “the total debt is 80 to 90 percent of the Iraqi national product, and the foreign debt is 160 trillion dinars, including Kuwait and Saudi debts amounting to 40 billion dollars.” , Citing the lack of the possibility of the Ministry of Finance to count the monetary mass in Iraq. For his part, the Speaker of Parliament stressed “the necessity of presenting any government move to negotiate any external loan to the concerned parliamentary committees before negotiating with foreign parties,” pointing to “the treatment of raising the fiscal century that has been taken 1]