Politician warns International Monetary Fund may intervene because of the huge deficit in the 2014 budget

Posted: December 28, 2013 in Iraqi Dinar/Politics
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Business & Finance Friday, 27 January 1 / December 2013 22:51

Future News / MP for the coalition warned / united / Knight Sangaree the likelihood of intervention of the International Monetary Fund and his imposing certain actions on Iraq in light of the large deficit in the fiscal budget for next year.

He said in a press statement today that: “As a result of the existence of economic problems in the budgets of previous years and the introduction of a lot of things that we do not have it within paragraphs, led to the accumulation of economic problems have come to the proportion of the deficit in the budget next year, up / 30-35 / billion dollars.” .

Sangaree and added: “If it continues like this, there is concern that the IMF intervenes and imposes on us certain procedures, such as the intervention of the previously imposed on us by the increase in fuel prices led to a rise in prices in all fields.”

He continued: “The government should examine the budget in 2014 a thorough study and put points on the letters to be able to pass this difficult stage, especially as we approach the elections, and there are problems on the ground, and we fear that we open the doors hard to shut down.”

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