Ahmed Mudhar Al-Jubouri: We will not vote on a new borrowing paragraph budget

Baghdad  Member of the Parliamentary Finance Committee, Ahmed Mudhar Al-Jubouri, affirmed that the government’s ability to gain new non-oil revenues has become clear and continuously increasing.”

Al-Jubouri said in a statement that the National Iraqi News Agency (NINA) received a copy of it, that the revenues obtained from the ports, taxes and others, have raised hopes for increasing non-oil resources, which will gradually cover an important part of the state’s operating budget, such as salaries in particular.”

Al-Jubouri added, “we will not vote on a budget that includes a new borrowing paragraph that does not serve the country’s future reality,” stressing the need for the government to realize that continued borrowing is an evidence of failure in the country’s financial management.

 

Source: National Iraqi News Agency