Friday, April 26, 2024

Baghdad

MP stresses need to solve Budget crisis economically

Baghdad (IraqiNews.com) MP Mohamed Sahib Al-Daraji of Iraq National Alliance assured “The budget crisis should be solved economically not politically.”

Daraji told IraqiNews.com “The budget depends on the oil prices which have declined to $ 50 for each barrel. In this case, Iraq will face a great deficit where the budget revenues will be estimated at IQD 50 trillion while Iraq needs IQD 90 trillion to cover the salaries of the employees, this means third of the employees won’t receive salaries. Hence, the issue needs an economic solution not political one.” /End/

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