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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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