PFC: The Time Factor Determines the Quality of Borrowing

politics

20-05-2020, 08:07

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Baghdad - INA

The Parliamentary Finance Committee revealed a law to bridge the budget deficit, while determining the nature of resorting to internal or external loans.

The head of the Finance Committee, Haitham Al-Jubouri, told the Iraqi News Agency (INA) today, Wednesday, that "the government prepared a law form, sent to the House of Representatives for the purpose of authorizing the Minister of Finance internal or external borrowing to pay the deficit in the 2020 budget," noting that "the financial committee with borrowing The internal fact that most of them are state funds and could be offset with them in the future. "