Central Bank propose financing budgetary deficit through sale of bonds
Page 1 of 1
Central Bank propose financing budgetary deficit through sale of bonds
Central Bank propose financing budgetary deficit through sale of bonds
December 2nd 2010
Baghdad, Dec. 2 (AKnews) - The Chancellor of the Central Bank of Iraq (CBI) said today that the Iraqi government can finance its $12bn budgetary deficit through regional and international loans.
Muzher Mouhammed Saleh told AKnews that the CBI will sell bonds through continued biddings over the next two weeks.
Mr. Saleh went on to say that the financed the 2010 budgetary deficit through an International Monetary Fund (IMF) loan.
The Iraqi administration approved yesterday the country’s budget for 2011 with revenues estimated at $66.7bn, and expenditures amounting to $78.7bn, leaving a deficit of $12bn.
http://www.aknews.com/en/aknews/2/199256
December 2nd 2010
Baghdad, Dec. 2 (AKnews) - The Chancellor of the Central Bank of Iraq (CBI) said today that the Iraqi government can finance its $12bn budgetary deficit through regional and international loans.
Muzher Mouhammed Saleh told AKnews that the CBI will sell bonds through continued biddings over the next two weeks.
Mr. Saleh went on to say that the financed the 2010 budgetary deficit through an International Monetary Fund (IMF) loan.
The Iraqi administration approved yesterday the country’s budget for 2011 with revenues estimated at $66.7bn, and expenditures amounting to $78.7bn, leaving a deficit of $12bn.
http://www.aknews.com/en/aknews/2/199256
Similar topics
» Central Bank: A New Project To Restructure the Currency
» Iraqi Central Bank: Monetary Policy of the Bank Over the Past Years Will Continue the Successful
» Officials at the Central Bank that the bank has prepared a plan
» Central Bank Governor
» Currency exchange in Iraq Central Bank
» Iraqi Central Bank: Monetary Policy of the Bank Over the Past Years Will Continue the Successful
» Officials at the Central Bank that the bank has prepared a plan
» Central Bank Governor
» Currency exchange in Iraq Central Bank
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|