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Tag: Haitham al-Jubouri

Finance Committee announced total Iraqi Debts and Foreign Loans

Finance Committee announced total Iraqi Debts and Foreign Loans

The Finance Committee has announced in the House of Representatives that Iraq has to pay at least 20 billion U.S dollars as the external debt owed by the country. The head of the Finance Committee, Haitham Al-Jubouri issued a press statement and said the foreign debts still on Iraq are 27 billion U.S dollars. He added that 41 billion U.S dollars for Saudi Arabia are not recognized because they were debts given to the former Iraqi regime leader during the…

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Finance Committee will not receive 2020 Budget with Massive Fiscal Deficit

Finance Committee will not receive 2020 Budget with Massive Fiscal Deficit

The Iraqi Parliamentary Finance Committee has decided not to receive the 2020 budget from the government if it contains a large fiscal deficit. The Committee is continuously managing meetings with the Iraqi Finance Ministry in order to discuss ways reducing the budget deficit and dependence on non-oil revenues. The Chairman of the Committee, Haitham al-Jubouri issued a press statement that the budget for the coming year is still in the stages of preparation by the concerned government authorities. He added…

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