Budget Deficit Issues Need to be Resolved

Budget Deficit Issues Need to be Resolved

Iraqi Dinar 123 News :- The non appearance of budget of the running year due to all the different issues has raised several problems for the country. Iraq that is already being in a lot of pain needs to handle things out in a better way. The total budget deficit calculated till yet is 21 trillion dinars.

The budget not appearing causes a lot of trouble for the different people not matter what country it is and for a struggling country like Iraq; it is a big thing. The cabinet decided to cut down on some expenses but it is not easy because it is important to spend money especially in the pumping of oil. The issues have risen within the country itself due to the budget and the Kurdistan region is quite disturbed.

They are pumping oil and they need money for it because the province has its other expenses too. The country needs to work upon the budget so that the proper division of money can be done and certain factors that are arising due to the money issues should get settled. Iraq is making efforts to resolve the budget issues and tackle it well so that the budget for the upcoming year should be well managed and well in time to avoid any issues.

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